Financial derivatives use and multifaceted exposures - Evidence from East Asian non-financial firms
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In this paper, the authors apply a two-stage approach. In the first stage, exposures to country risks, exchange rate and interest rate risks are estimated by using the market model. In the second stage, potential effects of firms’ derivatives use on multifaceted exposures are investigated by carrying out pooled regression model, and panel data regressions with random effect specifications.
Nội dung trích xuất từ tài liệu:
Financial derivatives use and multifaceted exposures - Evidence from East Asian non-financial firms
Nội dung trích xuất từ tài liệu:
Financial derivatives use and multifaceted exposures - Evidence from East Asian non-financial firms
Tìm kiếm theo từ khóa liên quan:
Financial derivatives Derivatives use Multifaceted exposures East Asian non-financial firms Random effect specificationsGợi ý tài liệu liên quan:
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