Foreign currency borrowing, exports and firm performance: evidence from a currency crisis
This paper develops a simple signaling model of foreign currency borrowing that yields predictions about firm survival and performance during a currency crisis. Using a large panel of firm level data for South Korea we offer empirical support for many of the predictions of our model, while others su...
| Main Authors: | , , , , |
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| Format: | Article |
| Published: |
Taylor & Francis
2018
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/48843/ |