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- W2024254437 abstract "Abstract In today's competitive global markets, firms are threatened by the increasing exchange rate volatility. Over the last two decades, a plethora of new financial products has been introduced in the marketplace to help multinational corporate managers handle currency risks. In this study, the authors examine how extensive are the various major innovative foreign exchange products used by U.S. corporations, and categorize these products into three generations. They find that the popularity of the simpler, first-generation product (forward contracts) has not been overtaken by the sophisticated new entrants, and that the adoption of innovative foreign exchange risk management products is not as common as expected." @default.
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- W2024254437 date "1995-09-01" @default.
- W2024254437 modified "2023-09-27" @default.
- W2024254437 title "Corporate use of innovative foreign exchange risk management products" @default.
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- W2024254437 doi "https://doi.org/10.1016/0022-5428(95)90015-2" @default.
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