Abstract
In contrast to previous studies of advanced economies, the relationship between Thai firms value and contemporaneous exchange rate was strong. We found that model improved when the interval of analysis horizon sample was longer. Inclusion of lagged effective exchange rate improved the model fitness. Characteristics of each individual firm did have the implication on the level of exchange rate exposure.
| Original language | English |
|---|---|
| Pages (from-to) | 514-527 |
| Number of pages | 14 |
| Journal | European Journal of Scientific Research |
| Volume | 77 |
| Issue number | 4 |
| Publication status | Published - Jun 2012 |
Keywords
- Exchange Rate
- Firm Value
- Thai Firms
Fingerprint
Dive into the research topics of 'The foreign exchange rate exposure and the value of thai firms'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver