Derivatives Usage, Operational Hedge and Exchange Rate Regime: Evidence from Chinese Firms
In 2005, China liberalized its foreign exchange regime, and allows its currency Renminbi (RMB) to fluctuate within a managed band width. This important economic event exposes Chinese firms to considerable foreign exchange risk. The aim of this study is to analyze the relationship between the new exc...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2010
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| Online Access: | https://eprints.nottingham.ac.uk/24603/ |