Are Linear and Nonlinear Exchange Rate Exposures Aggravating Agents to Corporate Bankruptcy in Nigeria? New Evidence from the “U” Test Analysis

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...

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Bibliographic Details
Main Authors: Abdulkadir Abdulrashid Rafindadi, Zarinah Yusof
Format: Article
Language:English
Published: EconJournals 2014-12-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/1031