Lee, Jeong Wook; Ahn, Sunghee; Kang, Sammo - In: East Asian Economic Review (EAER) 20 (2016) 4, pp. 469-491
In this paper, we estimate the exchange rate exposure, indicating the effect of exchange rate movements on firm values, for a sample of 1,400 firms in seven East Asian countries. The exposure estimates based on various exchange rate variables, return horizons and a control variable are compared....
