Agyei-Ampomah, Sam; Mazouz, Khelifa; Yin, Shuxing - In: International Review of Financial Analysis 29 (2013) C, pp. 251-260
We use a sample of 269 UK non-financial firms to study the sensitivity of foreign exchange exposure, and its determinants, to the different estimation methods. The standard Jorion's model suggests that 14.93% (30.50%) of the firms in our sample are exposed directly or indirectly to the...