The choice of foreign exchange hedging techniques: an international study

R. Faff, A.P. Marshall, T.A. Fetherston (Editor), J.A. Batten (Editor)

Research output: Chapter in Book/Report/Conference proceedingChapter


The degree of utilisation of both internal and external hedging techniques depends on the type of exposure that is hedged. Furthermore, the characteristics of the firms appear to explain the choice of hedging technique but the use of certain hedging techniques appears to be associated with increases in the variability of some accounting measures.
Original languageEnglish
Title of host publicationFinancial risk and financial risk management
Place of PublicationLondon
PublisherElsevier Science
Number of pages35
ISBN (Print)0762308583
Publication statusPublished - 2002


  • hedging
  • foreign exchange
  • financial management
  • risk management
  • accounting
  • accountancy

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