Exchange Rate Risk Management : Evidence from East Asia

Exchange Rate Risk Management : Evidence from East Asia

The recent East Asian financial crisis provides a natural experiment for investigating foreign exchange risk management by nonfinancial corporations. During this period, the financial crisis exposed local firms to large depreciations in exchange ra...

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Bibliographic Details
Main Authors: Allayannis, George, Brown, Gregory W., Klapper, Leora
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
BALANCE SHEET
BANK OF THAILAND
BONDS
BORROWING
CAPITAL EXPENDITURES
CAPITAL MARKETS
CENTRAL BANKS
COAL
CONVERTIBLE DEBENTURES
CORPORATE DEBT
CORPORATE FINANCE
CORPORATE MANAGERS
CREDIT RISK
CREDITOR
CURRENCY RISK
CURRENT RATIO
DEBT
DEBT CAPACITY
DEBT ISSUANCE
DEBT LEVEL
DEBT MARKETS
DEBT TO EQUITY RATIO
DEVALUATION
ECONOMICS
EMPIRICAL RESEARCH
EQUILIBRIUM
EQUITY MARKETS
EXCHANGE RATE
EXCHANGE RATES
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL LEVERAGE
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RISK
FISCAL YEAR
FOREIGN BORROWING
FOREIGN DEBT
FOREIGN EXCHANGE
FOREIGN EXCHANGE EXPOSURE
FOREIGN EXCHANGE MARKETS
FOREIGN EXCHANGE RISK MANAGEMENT
GDP
GDP PER CAPITA
GROSS MARGIN
GROWTH POTENTIAL
ILLIQUIDITY
IMPORTS
INCOME
INTEREST COSTS
INTEREST COVERAGE RATIO
INTEREST RATE
INTEREST RATES
MACROECONOMIC CONDITIONS
MARKET LIQUIDITY
MARKET VALUE
MIDDLE INCOME COUNTRIES
OFFERINGS
PROFIT MARGIN
PROFITABILITY
QUICK RATIO
RISK FACTORS
RISK MANAGEMENT
STOCK MARKETS
TECHNICAL ASSISTANCE
TRANSACTION COSTS
Online Access:http://documents.worldbank.org/curated/en/2001/05/1121294/exchange-rate-risk-management-evidence-east-asia
http://hdl.handle.net/10986/19655

Internet

http://documents.worldbank.org/curated/en/2001/05/1121294/exchange-rate-risk-management-evidence-east-asia
http://hdl.handle.net/10986/19655

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