The Impact of Currency Risk on Non-financial Companies in the UK
Atanassov, Alexandre (2008) The Impact of Currency Risk on Non-financial Companies in the UK. [Dissertation (University of Nottingham only)] (Unpublished)
The purpose of this paper is to examine the impacts of currency risk on UK non-financial listed companies from 2001 to 2005. In doing so, this study reveals the existence of a relationship between changes in the stock returns of such companies and fluctuations in the trade-weighted exchange rate of the British pound. This relationship, called exchange rate risk exposure exists at company level.
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