Vivel-Búa, María Milagros; Lado-Sestayo, Rubén - In: Academia Revista Latinoamericana de Administración 31 (2018) 1, pp. 212-238
Objective: The purpose of this paper is to analyse the Spanish business sector’s economic exposure to currency risk in Latin America between 2010 and 2016, testing the effectiveness of hedging with derivatives for the reduction of this risk. Methodology: Economic exposure is tested with the...