Operational Hedges

Operational Hedges and the Foreign Exchange Exposure of U.S. Multinational Corporations Author(s): Christos Pantzalis, Betty J. Simkins, Paul A. Laux Source: Journal of International Business Studies, Vol. 32, No. 4 (4th Qtr., 2001), pp. 793-812 Published by: Palgrave Macmillan Journals Stable URL: http://www.jstor.org/stable/3069477 Accessed: 15/01/2009 10:53

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Operational Hedges Exchange

and

the

Foreign

of

U.S.

Exposure

Multinational

Corporations

ChristosPantzalis*

OF UNIVERSITY SOUTHFLORIDA

BettyJ. Simkins**

STATEUNIVERSITY OKLAHOMA

Paul A. Laux***

UNIVERSITY CASEWESTERNRESERVE

This paper examines the impact of operational hedges of US...