Currency devaluation and a company's financial structure : a case study.

Currency devaluation is considered an exogenous policy change engineered by the authorities. Indonesia is the only country in this region to have experienced so many devaluations over a short period of time. It uses devaluation as an economic tool to stabilize the economy. The effects of utilizing s...

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Bibliographic Details
Main Authors: Lee, David Seng Quee., Liew, Kian Heng.
Other Authors: Williams, John J.
Format: Theses and Dissertations
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/20108
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Institution: Nanyang Technological University
Language: English
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Summary:Currency devaluation is considered an exogenous policy change engineered by the authorities. Indonesia is the only country in this region to have experienced so many devaluations over a short period of time. It uses devaluation as an economic tool to stabilize the economy. The effects of utilizing such a tool are felt across the entire economy, both in the macroeconomics as well as the microeconomics of the nation.