Does Market Portfolio Index Really Affect Foreign Exchange Exposure? An Empirical Evidence from Malaysian Nonfinancial Firms

• 主要な著者: Abdullah, Abdullah, Mohammad, Kamarun Nisham Taufil, Khurram, Haris
• フォーマット: 論文
• 言語: English
• 出版事項: UUM Press 2019
• 主題: HG Finance
• オンライン･アクセス: https://repo.uum.edu.my/id/eprint/30048/1/GBMR%2011%2002%202019%201-25.pdf; https://doi.org/10.32890/gbmr2019.11.2.8645; https://repo.uum.edu.my/id/eprint/30048/; https://e-journal.uum.edu.my/index.php/gbmr/article/view/8645; https://doi.org/10.32890/gbmr2019.11.2.8645

Financial theory holds that fluctuations in exchange rate significantly influence open market firms by affecting their cash flows and firm value. Because of high market openness and fluctuations in Malaysian exchange rate, this study first investigates the extent to which 224 sampled firms of Malays...