EXPOSURE NILAI TUKAR PADA PERUSAHAAN-PERUSAHAAN DI INDONESIA

Bahtiar Usman

Abstract


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.

Keywords


Exchange Rate Exposure, Total Elasticity Exposure Residual Elasticity Expo- sure.

Full Text:

PDF

Article Metrics

Abstract views : 0| PDF views : 0


DOI: http://dx.doi.org/10.25105/mrbm.v3i3.8106

Refbacks

  • There are currently no refbacks.


Copyright (c) 2020 Media Riset Bisnis & Manajemen

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

 


This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.