向印尼公司披露汇率

Media Riset Bisnis & Manajemen Pub Date : 2020-10-30 DOI:10.25105/MRBM.V3I3.8106

Bahtiar Usman

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引用次数: 0

摘要

衡量企业价值变动与汇率变动之间的风险敞口或弹性，对企业融资决策具有重要意义。利用印度尼西亚10家大型企业1998 - 2003年的月度数据，我们发现REE(剩余弹性暴露)方法优于TEE(总弹性暴露)方法，因为在这些模型中包含了一个市场回报变量。因此，我们建议印尼的财务经理使用REE模型中的汇率风险敞口。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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EXPOSURE NILAI TUKAR PADA PERUSAHAAN-PERUSAHAAN DI INDONESIA

Measuring Exchange rate Exposure or elasticity between changes in firm value and ex- change rate measures is important for making decision in firm financing. Using 10 big firm in Indonesia from 1998 to 2003 monthly, we find that REE (Residual Elasticity Exposure) meth- ods is better than TEE (Total Elasticity Exposure), because inclusion of a market retum varlable has a dramaticinfluence in these model. So, we suggest for finance managers in Indonesia to use Exchange rate Exposure from REE Model.

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Media Riset Bisnis & Manajemen

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