The Exchange Rate Exposure of Chinese Companies
This study shows the extent of and reasons for foreign exchange exposure in Chinese companies. The results show that only 5 percent of sample firms have significant exposure to exchange rate fluctuations. This study examines the determinants of exchange rate exposure of a sample of 100 Chinese firms...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2008
|
| Online Access: | https://eprints.nottingham.ac.uk/22123/ |
| _version_ | 1848792361371435008 |
|---|---|
| author | WANG, JING |
| author_facet | WANG, JING |
| author_sort | WANG, JING |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This study shows the extent of and reasons for foreign exchange exposure in Chinese companies. The results show that only 5 percent of sample firms have significant exposure to exchange rate fluctuations. This study examines the determinants of exchange rate exposure of a sample of 100 Chinese firms quoted on the Shanghai Stock Exchange 180 Share Index. Amongst those firms which have a significant exposure there is evidence to suggest that smaller firms and those with high leverage and high liquidity are more exposed to exchange rate risk. This study reports that Chinese stock market has some limitations which make the research results a little bit biased. |
| first_indexed | 2025-11-14T18:43:11Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-22123 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:43:11Z |
| publishDate | 2008 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-221232018-03-14T04:48:47Z https://eprints.nottingham.ac.uk/22123/ The Exchange Rate Exposure of Chinese Companies WANG, JING This study shows the extent of and reasons for foreign exchange exposure in Chinese companies. The results show that only 5 percent of sample firms have significant exposure to exchange rate fluctuations. This study examines the determinants of exchange rate exposure of a sample of 100 Chinese firms quoted on the Shanghai Stock Exchange 180 Share Index. Amongst those firms which have a significant exposure there is evidence to suggest that smaller firms and those with high leverage and high liquidity are more exposed to exchange rate risk. This study reports that Chinese stock market has some limitations which make the research results a little bit biased. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22123/1/MA-Dissertation-JINGWANG-2.pdf WANG, JING (2008) The Exchange Rate Exposure of Chinese Companies. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | WANG, JING The Exchange Rate Exposure of Chinese Companies |
| title | The Exchange Rate Exposure of Chinese Companies |
| title_full | The Exchange Rate Exposure of Chinese Companies |
| title_fullStr | The Exchange Rate Exposure of Chinese Companies |
| title_full_unstemmed | The Exchange Rate Exposure of Chinese Companies |
| title_short | The Exchange Rate Exposure of Chinese Companies |
| title_sort | exchange rate exposure of chinese companies |
| url | https://eprints.nottingham.ac.uk/22123/ |