Dhasmana, Anubha - Volkswirtschaftliche Fakultät, … - 2013
This paper looks at the determinants and effects of exchange rate exposure using data on 500 Indian firms over the … period 1995-2011. Unlike the existing papers in the literature, we use a measure of `operational` currency exposure based on … determinant of average firm level exposure with the direction of relationship supporting the presence of `Moral Hazard` in firm …