Essays about: "thesis on currency exposure"
Showing result 6 - 10 of 17 essays containing the words thesis on currency exposure.
-
6. The natural effect of multi-currency cross-hedging
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This thesis investigates the power and accuracy of the natural effect of multi-currency cross-hedging, based on the non-zero correlation between currency pairs, with the purpose of deter-mining if this could be a suitable hedging strategy for small- and medium-sized enterprises hav-ing transaction exposure to currency risk. The investigation, performed through an out-of-sample approach, is based on the minimization of the risk measure Conditional Value at Risk. READ MORE
-
7. Determinants of Exchange Rate Risks in the Automotive Industry
University essay from Göteborgs universitet/Graduate SchoolAbstract : The thesis details the analysis of foreign currency exposure determinants based on 21 companies in the automotive industry. The analysis confirms theoretical suggestions that the automotive industry is prone to foreign currency exposure and risks being influenced by competition intensity, functional currency, export ratio, geographic distribution of sales and production networks and operational flexibility. READ MORE
-
8. Resolving the Exchange Rate Puzzle
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper aims to contribute to the current discussion on the effects of exchange rate exposure on firm value. Particularly, it makes an attempt to resolve the exchange rate puzzle, a phenomenon based on the ambiguous results derived from existing literature. READ MORE
-
9. The Exposure Puzzle Revisited on the U.S. Stock Market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis reexamines the exposure puzzle by studying the presence of foreign exchange rate exposure in the U.S. stock market using firms included in the S&P 500 index as of February 2013, and a methodology that attempts to address issues in previous literature. READ MORE
-
10. Interest Rate Risk – Using Benchmark Shifts in a Multi Hierarchy Paradigm
University essay from KTH/Matematisk statistikAbstract : This master thesis investigates the generic benchmark approach to measuring interest rate risk. First the background and market situation is described followed by an outline of the concept and meaning of measuring interest rate risk with generic benchmarks. READ MORE