THE ROLE OF CURRENCY HEDGING ON FIRM PERFORMANCE: A PANEL DATA EVIDENCE IN INDONESIA
This paper analyzes the role of currency hedging on non-financial firm’s performance. Most firms on the sample have anticipated the currency mismatch risk by balancing the ratio of foreign debt to their asset fenominated in foreign currency. Using panel estimation, we find that there is no evidence...
Main Authors: | , , , |
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Format: | Article |
Language: | Indonesian |
Published: |
Bank Indonesia
2015-03-01
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Series: | Bulletin Ekonomi Moneter dan Perbankan |
Online Access: | https://www.bmeb-bi.org/index.php/BEMP/article/view/39 |