Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid
This study was examined the relationship of Asian exchange rate towards stock return for U.S multinational. The Asian exchange rate consists of Thailand (Baht), Malaysia (Malaysia Ringgit), South Korea (Won) and Indonesia (Rupiah). The exchange rates are quoted to U.S Dollar. Data was analyzed over...
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Format: | Student Project |
Language: | English |
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2008
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Online Access: | https://ir.uitm.edu.my/id/eprint/34058/1/34058.pdf |
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author | Khalid, Nur Darina |
author_facet | Khalid, Nur Darina |
author_sort | Khalid, Nur Darina |
collection | UITM |
description | This study was examined the relationship of Asian exchange rate towards stock return for U.S multinational. The Asian exchange rate consists of Thailand (Baht), Malaysia (Malaysia Ringgit), South Korea (Won) and Indonesia (Rupiah). The exchange rates are quoted to U.S Dollar.
Data was analyzed over 2 windows, first window from July 1997 to August 1998 during Asian financial crisis. Second window, from September 1998 to June 2007 period of after Asian financial crisis.
An issue of current interest is to know whether exchange rate can influence the stock return of U.S multinationals. The paper has been used simple linear regression method to see the relationship between dependent and independent variables. U.S stock return as dependent variable while Asian exchange rate were used as independent variables.
According to the analysis in general, Asian exchange rate statistically significant relationship with stock return of U.S multinational firms during and after Asian financial crisis. |
first_indexed | 2024-03-06T02:24:53Z |
format | Student Project |
id | oai:ir.uitm.edu.my:34058 |
institution | Universiti Teknologi MARA |
language | English |
last_indexed | 2024-03-06T02:24:53Z |
publishDate | 2008 |
record_format | dspace |
spelling | oai:ir.uitm.edu.my:340582020-10-13T07:58:26Z https://ir.uitm.edu.my/id/eprint/34058/ Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid Khalid, Nur Darina Stock exchanges. Insider trading in securities This study was examined the relationship of Asian exchange rate towards stock return for U.S multinational. The Asian exchange rate consists of Thailand (Baht), Malaysia (Malaysia Ringgit), South Korea (Won) and Indonesia (Rupiah). The exchange rates are quoted to U.S Dollar. Data was analyzed over 2 windows, first window from July 1997 to August 1998 during Asian financial crisis. Second window, from September 1998 to June 2007 period of after Asian financial crisis. An issue of current interest is to know whether exchange rate can influence the stock return of U.S multinationals. The paper has been used simple linear regression method to see the relationship between dependent and independent variables. U.S stock return as dependent variable while Asian exchange rate were used as independent variables. According to the analysis in general, Asian exchange rate statistically significant relationship with stock return of U.S multinational firms during and after Asian financial crisis. 2008 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/34058/1/34058.pdf Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid. (2008) [Student Project] (Unpublished) |
spellingShingle | Stock exchanges. Insider trading in securities Khalid, Nur Darina Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title | Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title_full | Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title_fullStr | Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title_full_unstemmed | Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title_short | Effect of exchange rate toward U.S multinationals' stock return / Nur Darina Khalid |
title_sort | effect of exchange rate toward u s multinationals stock return nur darina khalid |
topic | Stock exchanges. Insider trading in securities |
url | https://ir.uitm.edu.my/id/eprint/34058/1/34058.pdf |
work_keys_str_mv | AT khalidnurdarina effectofexchangeratetowardusmultinationalsstockreturnnurdarinakhalid |