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dc.contributor.authorKhan, Aima
dc.contributor.authorQureshi, Muhammad Azeem
dc.date.accessioned2023-01-31T12:09:16Z
dc.date.available2023-01-31T12:09:16Z
dc.date.created2022-11-29T07:44:42Z
dc.date.issued2022-11-28
dc.identifier.issn1092-7026
dc.identifier.issn1099-1743
dc.identifier.urihttps://hdl.handle.net/11250/3047408
dc.description.abstractExchange rate volatility is a vital issue in international finance due to its effect on the value of the firm, depending on firm's exposure to the exchange rate risk. However, this impact is not clear in literature as evidence is mixed. This article analyses the impact of exchange rate fluctuations on firm value. A system dynamics-based corporate planning model has been developed that incorporates the modules for financial and physical processes, firm valuation and exchange rate determination. Simulation results reveal that a stronger home currency leads to an increase in market price per share of the firm and vice versa. The results provide counter intuitive evidence on the impact of exchange rate on firm value and provide nonlinear feedback loop-based explanation. The study fills the gap in literature by incorporating a systemic approach in the strategic planning process to assess the composite impact of parameter changes on key variables.en_US
dc.language.isoengen_US
dc.publisherWileyen_US
dc.relation.ispartofseriesSystems research and behavioral science;
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.subjectCorporate financeen_US
dc.subjectExchange ratesen_US
dc.subjectFirm valuationsen_US
dc.subjectSystem dynamicsen_US
dc.subjectSystematic approachesen_US
dc.titleModelling the dynamics of firm valuation: An assessment of impact of exchange rate fluctuations on firm value using system dynamicsen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.rights.holder© 2022 The Authorsen_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1
dc.identifier.doihttps://doi.org/10.1002/sres.2922
dc.identifier.cristin2083296
dc.source.journalSystems research and behavioral scienceen_US
dc.source.pagenumber1-11en_US


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal