A Model of Firm Valuation With Exchange Exposure
Jongmoo Jay Choi
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Jongmoo Jay Choi: Temple university
Journal of International Business Studies, 1986, vol. 17, issue 2, 153-160
Abstract:
This paper examines how the firm's exposure to exchange rate uncertainty influences its valuation. It identifies the variables affecting the firm's economic and accounting exchange exposure as well as the cost of capital in a formal unified model.© 1986 JIBS. Journal of International Business Studies (1986) 17, 153–160
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:17:y:1986:i:2:p:153-160
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