Do foreign and local investors price foreign exchange risk differently?―Evidence from ADR
碩士 === 國立中正大學 === 財務金融所 === 94 === This thesis tests whether foreign investors price foreign exchange risk differently from local investors. The sample consists of 30 ADRs from Taiwan between 1996 and 2005. Using the covariance estimation model is developed by Chesney et al. (1993) and Pastorello (1...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2006
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| Online Access: | http://ndltd.ncl.edu.tw/handle/18145773103214773687 |