Foreign Exchange Exposure of U.S. Firms in the Pacific Rim

2005 ◽  
Author(s):  
Lifan Zhang ◽  
Timothy Falcon Crack
GIS Business ◽  
2017 ◽  
Vol 12 (5) ◽  
pp. 1-9 ◽  
Author(s):  
Sriram Mahadevan

The present study has empirically examined the level of foreign exchange exposure and its determinants of CNX 100 companies. For the purpose of study, the relationship between exchange rate changes and stock returns for a sample of 82 companies was determined for the period April 2011-March 2016. The study finds that 49% of the sample companies had significant positive foreign exchange rate exposure and the found that the companies could be exporters or net importers. To explore factors determining foreign exchange rate exposure, variables such as export ratio, import ratio, size of a company, hedging activities were regressed against the exchange exposure and the study found that none of the factors was influencing the exchange rate exposure. The study concludes that the reasons for insignificant influence of the variables could be the natural hedging practices of companies, offsetting of exports and imports and heterogeneous of the sample size. The study offers few directions for future research in this area.


2019 ◽  
Vol 16 (1-2) ◽  
pp. 153-179
Author(s):  
Angie Chung ◽  
Johng Song ◽  
Carolyn Choi

Based on the experiences of a Koreatown scholar, the executive director of a Koreatown nonprofit, and a longtime resident student, the article advocates for greater attention to the complex and dynamic power structures of ethnic enclaves in community-academic partnerships. We discuss the changing landscapes of Koreatown as the global nexus of the Pacific Rim economy, the city of Los Angeles’s urban redevelopment plans, and growing diversity and inequality. Programs that aim to engage effectively with ethnic communities must reassess how knowledge is produced and conveyed, how we structure partnerships within stratified communities, and how to grow from issue-based partnerships to broader communities of interest.


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