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Author:Hagelin, N.
Pramborg, B.
Title:Hedging foreign exchange exposure: risk reduction from transaction and translation hedging
Journal:Journal of international financial management & accounting
2004 : SPRING, VOL. 15:1, p. 1-20
Index terms:Hedging
Foreign exchange
Risk
Language:eng
Abstract:The paper finds a significant reduction in foreign exchange exposure from the use of financial hedges. The evidence suggests that the usage of foreign denominated debt as well as currency derivatives reduce firms' exchange exposure.
SCIMA record nr: 256830
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