Sep 2026· Revista de Estudos Interdisciplinares· 0 citations
Abstract
This study examines how exchange-rate fluctuations, through both asset-side and liability-side exposures, affect the accounting-based performance of Brazilian agribusiness firms listed on B3 over 2020-2025. The analysis draws on a representative sample of 11 firms selected from an updated sector population and evaluates profitability ratios. Quarterly changes in the BRL/USD exchange rate, obtained from the Central Bank of Brazil, constitute the focal independent variable and are related to firm performance using panel-data regressions. The results show that exchange-rate volatility is statistically significant in selected firm-level analyses, yet the aggregate specifications provide no robust evidence of a uniform effect on profitability. This divergence underscores the heterogeneity of exchange-rate exposure and cautions against one-size-fits-all risk policies. Effective currency-risk management therefore requires firm-specific hedging strategies and adaptive financial planning, particularly under heightened macroeconomic and financial uncertainty.
In the context of accelerating globalisation and currency volatility, effective foreign exchange (FX)
risk management has become essential for business sustainability and performance. This study
investigates the relationship between FX risk mitigation strategies and key business performance
indicators, focusing on firm...
G. O. Aina· Journal of Accounting and Fi...· 0 citations
Maintaining strong financial performance has become increasingly challenging for firms amid inflationary pressures, supply chain disruptions, and volatile consumer demand, making efficient liquidity management an important determinant of corporate profitability. This study examines the influence of Working Capital Mana...
Rizal Indra Tjahya, A. Rahmi· Jurnal Ekonomika Dan Bisnis...· 0 citations
Nigerian investors diversifying into international markets face a significant obstacle in the form
of foreign exchange risk, but there is a startling lack of empirical data on its effects. This study
closes this gap by carefully examining the impact of Naira volatility (NGN/USD, NGN/GBP, and
NGN/EUR) on the risk-adj...
I. Areghan· Journal of Accounting and Fi...· 0 citations
This study empirically analyzes the risk-adjusted performance, volatility, and interdependencies of the Magnificent 7, the S&P 500 (SPY), the Nasdaq-100 (QQQ), and gold (GLD) across distinct economic regimes from 2008 to 2025. Using daily adjusted closing prices, the analysis calculates total and annualized returns, Sh...
Adam Černohorský, Petr Budinský· E+M Ekonomie a Management· 0 citations
Background: Increasing global shocks threaten corporate financial stability, particularly in emerging markets. This study measures uncertainty using the World Uncertainty Index (WUI), World Pandemic Uncertainty Index (WPUI), Climate Policy Uncertainty (CPU), and Economic Policy Uncertainty (EPU) across current, lag-1,...
B. Gautama, Rosmita Rasyid· Inkubis Jurnal Ekonomi dan B...· 0 citations
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