Foreign exchange exposure, Financial Management

Assignment Help:

Using an appropriate 'factor model', assess (a) the performance of the management in creating value for shareholders and (b) the extent of the foreign exchange exposure of a FTSE100 company of your choice.

The following - while not intended to be entirely prescriptive - is intended to give you some idea of what your assignment should include.

  • An introduction that states the goals of your project - what are you setting out to explain? - and mentions any relevant literature (please do not include a long literature review, keep it focused and concise!). 
  • An explanation of the specification of your model.

o  Why did you choose these particular independent variables?
o  Why these particular functional forms?
o  What a priori hypotheses do you have?
o  What are the expected signs according to the underlying theory, etc?

  • Data.

o  A short description identifying data sources and any problems with these data.

  • Your results. (If you test a number of specifications, be sure to identify which you see as the best of these.)

o  An analysis of the results that includes a discussion of econometric problems encountered and tests that you have undertaken. The main results should be tabulated as done in academic research papers.

o  What is the significance of the results and how do they relate to the original questions posed in the introduction?
o  Are they consistent with the theory?
o  Is the model statistically adequate in representing the data?

  • A short summary & conclusions that includes your major findings and suggestions for further research.
  • A (short!) bibliography
  • An appendix which includes all regression runs and all relevant output. (In the case of very extensive listings, you may choose to supply these electronically.)

Related Discussions:- Foreign exchange exposure

State the different accounting policies, State the different accounting pol...

State the different accounting policies Different accounting policies which can be adopted will have an influence on the ratios calculated and hence make comparisons more diffi

Monte-carlo simulation, Monte-Carlo Simulation Let us, for a shortwhil...

Monte-Carlo Simulation Let us, for a shortwhile, leave the illustration for determining the price and consider a simpler illustration for understanding the Monte-Carlo method

Define conservative type of working capital financing plan, What is the mos...

What is the most conservative type of working capital financing plan a company could implement?  Explain. An all equity capital structure would be mainly conservative type of wor

Explain medium term expenditure framework, Question 1: The various crit...

Question 1: The various criteria for evaluating a revenue measure or system are: ? Yield ? Political expediency ? Consistency with economic and social goals ?

Cash flow matching, Cash flow matching strategy is used to build a ...

Cash flow matching strategy is used to build a bond portfolio wherein the cash flows of the bond portfolio exactly match a stream of liabilities. The most s

Objective of having frequent brainstorming sessions, Case Study: Silico...

Case Study: Silicon Cliffs is a big private company that undertakes consultancy activities and services in the field of building construction. Silicon Cliffs has gained peoples

External credit enhancement, It is in the form of third-party g...

It is in the form of third-party guarantees which protect against losses up to a particular fixed level. This is available in the form of a corp

What is adjusted basis, Q. What is Adjusted Basis? Adjusted Basis - Aft...

Q. What is Adjusted Basis? Adjusted Basis - After a taxpayer's basis in property is determined, it should be adjusted upwardto include any additions of capital to the property

Types of firms in securities firms and investment banking, What are the typ...

What are the types of firms that securities firms and investment banking industry included? Into the USA, the securities firms and investment banking industry comprises several

Define the types of shareholder, Tactics can be used by company to protect...

Tactics can be used by company to protect itself. Before the bid Types of Shareholder Having the right shareholders on board who can be

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd