Matches in SemOpenAlex for { <https://semopenalex.org/work/W2105023638> ?p ?o ?g. }
- W2105023638 endingPage "229" @default.
- W2105023638 startingPage "212" @default.
- W2105023638 abstract "Several pioneering studies have established that the effect of exchange rate exposure to corporate entities in periods of the financial crisis is no longer linear. To this end, this study explores the position of this argument in a developing country like Nigeria and investigates if the phenomenon could lead to the escalation of corporate survival threats, particularly in crisis and non-crisis periods. In order to ensure this, we analyzed the data of 102 companies consisting of indigenous and multinationals entities’ from 20 sectors of the Nigerian economy from1980-2011. The study employed the ARDL bounds test approach to cointegration and the “U” test methodologies in determining the linear and non-linearity effects of the exposural position of the selected entities’ value. The findings of the study established the existence of non-monotonic relationships between the indigenous entities values and the exchange rate position. The “U” shape relationship was discovered to be the most aggravating agent to these entities survival threats. Surprisingly the relationship between the corporate value of multinational companies in Nigeria and official exchange rate (ERS) is only having a linear relationship. This means that these entities are not heavily exposed to the vagaries of exchange rate changes, meaning they cannot be threatened by bankruptcy in both the crisis and non-crisis periods, which is in contrast to the findings on indigenous entities. As a result of these findings, we recommend to policy makers, the establishment of exchange rate frame-work that is feasible towards enhancing productivity in the real sector corporate entities of the country. Keywords: exposure; linear and non-linear; monotonic and non-monotonic; financial crisis. JEL Classifications: F3; F4; G3" @default.
- W2105023638 created "2016-06-24" @default.
- W2105023638 creator A5007097658 @default.
- W2105023638 creator A5045113779 @default.
- W2105023638 date "2014-12-28" @default.
- W2105023638 modified "2023-09-27" @default.
- W2105023638 title "Are Linear and Nonlinear Exchange Rate Exposures Aggravating Agents to Corporate Bankruptcy in Nigeria? New Evidence from the “U” Test Analysis" @default.
- W2105023638 cites W1500340012 @default.
- W2105023638 cites W1542113446 @default.
- W2105023638 cites W1558285228 @default.
- W2105023638 cites W1591601341 @default.
- W2105023638 cites W1966910378 @default.
- W2105023638 cites W2005294138 @default.
- W2105023638 cites W2009123100 @default.
- W2105023638 cites W2011874318 @default.
- W2105023638 cites W2012226613 @default.
- W2105023638 cites W2019291268 @default.
- W2105023638 cites W2048148945 @default.
- W2105023638 cites W2075399731 @default.
- W2105023638 cites W2078550495 @default.
- W2105023638 cites W2082075955 @default.
- W2105023638 cites W2092102898 @default.
- W2105023638 cites W2100134842 @default.
- W2105023638 cites W2100481274 @default.
- W2105023638 cites W2110359232 @default.
- W2105023638 cites W2111199605 @default.
- W2105023638 cites W2112559425 @default.
- W2105023638 cites W2127233876 @default.
- W2105023638 cites W2142704269 @default.
- W2105023638 cites W2145077310 @default.
- W2105023638 cites W2154562880 @default.
- W2105023638 cites W2161896474 @default.
- W2105023638 cites W2164280451 @default.
- W2105023638 cites W2165538644 @default.
- W2105023638 cites W2736178919 @default.
- W2105023638 cites W2955909055 @default.
- W2105023638 cites W3091570836 @default.
- W2105023638 cites W3122869257 @default.
- W2105023638 cites W3123024251 @default.
- W2105023638 cites W3123915533 @default.
- W2105023638 cites W3124562737 @default.
- W2105023638 cites W3124605126 @default.
- W2105023638 cites W3126003387 @default.
- W2105023638 cites W3126035692 @default.
- W2105023638 cites W3126113100 @default.
- W2105023638 cites W3139799133 @default.
- W2105023638 cites W575712408 @default.
- W2105023638 hasPublicationYear "2014" @default.
- W2105023638 type Work @default.
- W2105023638 sameAs 2105023638 @default.
- W2105023638 citedByCount "2" @default.
- W2105023638 countsByYear W21050236382015 @default.
- W2105023638 countsByYear W21050236382017 @default.
- W2105023638 crossrefType "journal-article" @default.
- W2105023638 hasAuthorship W2105023638A5007097658 @default.
- W2105023638 hasAuthorship W2105023638A5045113779 @default.
- W2105023638 hasConcept C10138342 @default.
- W2105023638 hasConcept C105795698 @default.
- W2105023638 hasConcept C139719470 @default.
- W2105023638 hasConcept C144133560 @default.
- W2105023638 hasConcept C158016649 @default.
- W2105023638 hasConcept C162324750 @default.
- W2105023638 hasConcept C182306322 @default.
- W2105023638 hasConcept C185592680 @default.
- W2105023638 hasConcept C18903297 @default.
- W2105023638 hasConcept C198082294 @default.
- W2105023638 hasConcept C2776291640 @default.
- W2105023638 hasConcept C2776988154 @default.
- W2105023638 hasConcept C2778300220 @default.
- W2105023638 hasConcept C33923547 @default.
- W2105023638 hasConcept C504631918 @default.
- W2105023638 hasConcept C55493867 @default.
- W2105023638 hasConcept C556758197 @default.
- W2105023638 hasConcept C55958113 @default.
- W2105023638 hasConcept C86803240 @default.
- W2105023638 hasConcept C98184364 @default.
- W2105023638 hasConceptScore W2105023638C10138342 @default.
- W2105023638 hasConceptScore W2105023638C105795698 @default.
- W2105023638 hasConceptScore W2105023638C139719470 @default.
- W2105023638 hasConceptScore W2105023638C144133560 @default.
- W2105023638 hasConceptScore W2105023638C158016649 @default.
- W2105023638 hasConceptScore W2105023638C162324750 @default.
- W2105023638 hasConceptScore W2105023638C182306322 @default.
- W2105023638 hasConceptScore W2105023638C185592680 @default.
- W2105023638 hasConceptScore W2105023638C18903297 @default.
- W2105023638 hasConceptScore W2105023638C198082294 @default.
- W2105023638 hasConceptScore W2105023638C2776291640 @default.
- W2105023638 hasConceptScore W2105023638C2776988154 @default.
- W2105023638 hasConceptScore W2105023638C2778300220 @default.
- W2105023638 hasConceptScore W2105023638C33923547 @default.
- W2105023638 hasConceptScore W2105023638C504631918 @default.
- W2105023638 hasConceptScore W2105023638C55493867 @default.
- W2105023638 hasConceptScore W2105023638C556758197 @default.
- W2105023638 hasConceptScore W2105023638C55958113 @default.
- W2105023638 hasConceptScore W2105023638C86803240 @default.
- W2105023638 hasConceptScore W2105023638C98184364 @default.
- W2105023638 hasIssue "1" @default.
- W2105023638 hasLocation W21050236381 @default.