The determinants of foreign currency hedging-evidence from Hong Kong non-financial firms

Hu, Chao and Wang, Pengguo (2005) The determinants of foreign currency hedging-evidence from Hong Kong non-financial firms. Asia-Pacific Financial Markets, 12 (1). pp. 91-107. ISSN 13872834

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Abstract

Hong Kong is one of the largest trading economies in the world. Business opportunities attract the presence of more and more multinational companies and different currencies. Hedging currency risks has become an important and vital activity for a success business entity in Hong Kong. This paper empirically tests the determinants of foreign currency hedging for a large sample of Hong Kong non-financial firms. The findings are potentially useful for increasing firms' economic benefit and shareholders' wealth as well as improving the economic efficiency of currency hedging for companies in Hong Kong as well as in the mainland of China.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Depositing User: Pengguo Wang
Date Deposited: 06 Feb 2012 18:26
Last Modified: 23 Mar 2012 09:20
URI: http://sro.sussex.ac.uk/id/eprint/16370
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