Asset Pricing and the Foreign Exchange Risk in the Polish Market

This study examines the relationship between the cross-section of Polish stock returns and the foreign exchange rates with a sample period from 2002 to 2011. The findings indicate that the foreign exchange risk is priced in the cross-section of Polish stock returns with a sample period spanning 2002...

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Main Author: Xing, Jingjing
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/26166/
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author Xing, Jingjing
author_facet Xing, Jingjing
author_sort Xing, Jingjing
building Nottingham Research Data Repository
collection Online Access
description This study examines the relationship between the cross-section of Polish stock returns and the foreign exchange rates with a sample period from 2002 to 2011. The findings indicate that the foreign exchange risk is priced in the cross-section of Polish stock returns with a sample period spanning 2002 to 2011. Moreover, it is also evident that the relation between the expected returns and the foreign exchange sensitivity is not linear and the foreign exchange sensitivity is larger for stocks with small size and high book-to- market ratios.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2012
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spelling nottingham-261662017-10-19T13:17:13Z https://eprints.nottingham.ac.uk/26166/ Asset Pricing and the Foreign Exchange Risk in the Polish Market Xing, Jingjing This study examines the relationship between the cross-section of Polish stock returns and the foreign exchange rates with a sample period from 2002 to 2011. The findings indicate that the foreign exchange risk is priced in the cross-section of Polish stock returns with a sample period spanning 2002 to 2011. Moreover, it is also evident that the relation between the expected returns and the foreign exchange sensitivity is not linear and the foreign exchange sensitivity is larger for stocks with small size and high book-to- market ratios. 2012-10-05 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26166/1/Asset_Pricing_and_the_Foreign_Exchange_Risk_in_the_Polish_Market.pdf Xing, Jingjing (2012) Asset Pricing and the Foreign Exchange Risk in the Polish Market. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Xing, Jingjing
Asset Pricing and the Foreign Exchange Risk in the Polish Market
title Asset Pricing and the Foreign Exchange Risk in the Polish Market
title_full Asset Pricing and the Foreign Exchange Risk in the Polish Market
title_fullStr Asset Pricing and the Foreign Exchange Risk in the Polish Market
title_full_unstemmed Asset Pricing and the Foreign Exchange Risk in the Polish Market
title_short Asset Pricing and the Foreign Exchange Risk in the Polish Market
title_sort asset pricing and the foreign exchange risk in the polish market
url https://eprints.nottingham.ac.uk/26166/