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Tekijä: | Hagelin, N. Pramborg, B. |
Otsikko: | Hedging foreign exchange exposure: risk reduction from transaction and translation hedging |
Lehti: | Journal of international financial management & accounting
2004 : SPRING, VOL. 15:1, p. 1-20 |
Asiasana: | Hedging Foreign exchange Risk |
Kieli: | eng |
Tiivistelmä: | 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. |
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