Why do firms hedge? a revisit for an emerging market perspective
This study explores the determinants of hedging practices, focusing on foreign exchange exposure within 250 listed Malaysian firms. Aligned with the theory of underinvestment costs, a positive correlation between foreign exchange exposure and hedging is established. Firms with higher exposure di...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2024
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| Online Access: | http://journalarticle.ukm.my/23904/1/Pengurusan_70_3.pdf http://journalarticle.ukm.my/23904/ https://www.ukm.my/jurnalpengurusan/view-articles/ |
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