Export and imperfect hedging

Export and imperfect hedging mixed material bibliography We study the impact of exchange rate risk on a risk-averse firm when there is no forward market in the foreign currency. Hence the exporting firm can realize an imperfect hedging instruments does not neccessarily increasing exports as in the case of introducing currency forward markets. Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen 24566 2005-12-01 00:00:00 2005-12-01 00:00:00 machine generated