Costs of foreign exchange exposures of European based steel companies

Dollar vs Euro

Roman Tauber (Autor)

Buch | Softcover

100 Seiten

2017
AV Akademikerverlag
978-3-330-50363-2 (ISBN)

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This work investigates the link between the costs of foreign exchange exposures and the functional currency of a company. It uses a sample of six steel companies. All of these firms have their headquarters in Europe. Five companies out of this sample use the Euro as functional currency and one company uses the US Dollar as its base currency. In the first step, the costs of financial hedging of these companies will be displayed as absolute values, as a percentage of revenue and as a percentage of equity. The second step consists of the comparison of these costs as a percentage of revenue and equity between the companies using the Euro as base currency and the US Dollar as functional currency. The goal of this comparison is to ascertain whether the company using the US Dollar as functional currency has lower financial hedging costs than the companies using the Euro as functional currency.

Tauber, Roman
Roman Tauber was born in 1984 in Kyrgyzstan and moved with his family to Germany in 1989. He finished his Master's degree in International Management in Klagenfurt and works currently as a business consultant in Berlin.

Erscheinungsdatum	09.04.2017
Sprache	englisch
Maße	150 x 220 mm
Gewicht	165 g
Themenwelt	Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Familienrecht
Schlagworte	Dollar • Euro • Fremdwährungsrisiken • Kosten • Stahlfirmen
ISBN-10	3-330-50363-7 / 3330503637
ISBN-13	978-3-330-50363-2 / 9783330503632
Zustand	Neuware