The Foreign Exchange Rate Exposure in Taiwanese Transportation Corporations
| Autor: | Pei-Chen Chung, 鍾佩珍 |
|---|---|
| Rok vydání: | 2002 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 90 This study seeks to examine the foreign exchange rate exposure in Taiwanese transportation corporations. A regression analysis was used to test the effects of firm’s size, quick ratio, debt ratio, times interest earned, dividend payment ratio, and book/market ratio on foreign exchange rate. The empirical results show that firm’s size, book/market ratio and dividend payment ratio significantly affect foreign exchange rate during 1999~2001. However, quick ratio, debt ratio, and times interest earned were not found related to foreign exchange rate in this study. In addition, these three significant financial indicators were used to classify firms into three segments, namely, high foreign exchange rate risk oriented firms, moderate exchange rate risk oriented firms, and low foreign rate risk oriented firms. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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