{"id":"https://openalex.org/W1975495686","doi":"https://doi.org/10.1016/s0261-5606(01)00001-8","title":"Exchange rates and firms' liquidity: evidence from ADRs","display_name":"Exchange rates and firms' liquidity: evidence from ADRs","publication_year":2001,"publication_date":"2001-06-01","ids":{"openalex":"https://openalex.org/W1975495686","doi":"https://doi.org/10.1016/s0261-5606(01)00001-8","mag":"1975495686"},"language":"en","primary_location":{"id":"doi:10.1016/s0261-5606(01)00001-8","doi":"https://doi.org/10.1016/s0261-5606(01)00001-8","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0261-5606(01)00001-8","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110739719","display_name":"Roger D. Huang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I107639228","display_name":"University of Notre Dame","ror":"https://ror.org/00mkhxb43","country_code":"US","type":"education","lineage":["https://openalex.org/I107639228"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Roger D Huang","raw_affiliation_strings":["Mendoza College of Business, University of Notre Dame, Notre Dame, IN 46556-5646, USA","Mendoza College of Business, University of Notre Dame, Notre Dame, IN 46556-5646, USA#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Mendoza College of Business, University of Notre Dame, Notre Dame, IN 46556-5646, USA","institution_ids":["https://openalex.org/I107639228"]},{"raw_affiliation_string":"Mendoza College of Business, University of Notre Dame, Notre Dame, IN 46556-5646, USA#TAB#","institution_ids":["https://openalex.org/I107639228"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036690943","display_name":"Hans R. Stoll","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I200719446","display_name":"Vanderbilt University","ror":"https://ror.org/02vm5rt34","country_code":"US","type":"education","lineage":["https://openalex.org/I200719446"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Hans R Stoll","raw_affiliation_strings":["Owen Graduate School of Management, Vanderbilt University, Nashville, TN 37203, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Owen Graduate School of Management, Vanderbilt University, Nashville, TN 37203, USA","institution_ids":["https://openalex.org/I200719446"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5110739719"],"corresponding_institution_ids":["https://openalex.org/I107639228"],"apc_list":{"value":3130,"currency":"USD","value_usd":3130},"apc_paid":null,"fwci":3.3874,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.93412385,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"20","issue":"3","first_page":"297","last_page":"325"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9657999873161316,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9657999873161316,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.014999999664723873,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.006599999964237213,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.878000020980835},{"id":"https://openalex.org/keywords/exchange-rate-volatility","display_name":"exchange rate volatility","score":0.9300000071525574},{"id":"https://openalex.org/keywords/firm-liquidity","display_name":"firm liquidity","score":0.7279999852180481},{"id":"https://openalex.org/keywords/american-depositary-receipts","display_name":"American Depositary Receipts","score":0.8880000114440918},{"id":"https://openalex.org/keywords/stock-liquidity","display_name":"stock liquidity","score":0.5640000104904175},{"id":"https://openalex.org/keywords/trade-costs","display_name":"trade costs","score":0.8579999804496765},{"id":"https://openalex.org/keywords/microstructure","display_name":"microstructure","score":0.7049999833106995}],"concepts":[{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7270000576972961},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6393682360649109},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.6277593374252319},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5783395767211914},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.47558891773223877},{"id":"https://openalex.org/C70455891","wikidata":"https://www.wikidata.org/wiki/Q220788","display_name":"Devaluation","level":3,"score":0.4755104184150696},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.475473552942276},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.4722527861595154},{"id":"https://openalex.org/C18991353","wikidata":"https://www.wikidata.org/wiki/Q1137319","display_name":"Market maker","level":4,"score":0.46217647194862366},{"id":"https://openalex.org/C82843974","wikidata":"https://www.wikidata.org/wiki/Q205231","display_name":"Interest rate parity","level":3,"score":0.4299886226654053},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.23157960176467896},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1668713092803955},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/s0261-5606(01)00001-8","doi":"https://doi.org/10.1016/s0261-5606(01)00001-8","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0261-5606(01)00001-8","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jimfin:v:20:y:2001:i:3:p:297-325","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0261-5606(01)00001-8","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W583976002","https://openalex.org/W1560849420","https://openalex.org/W1573813047","https://openalex.org/W1981027511","https://openalex.org/W1985421718","https://openalex.org/W2012226613","https://openalex.org/W2017085775","https://openalex.org/W2017095822","https://openalex.org/W2023916452","https://openalex.org/W2025268472","https://openalex.org/W2028853748","https://openalex.org/W2033815796","https://openalex.org/W2043800282","https://openalex.org/W2046519558","https://openalex.org/W2047485150","https://openalex.org/W2050615160","https://openalex.org/W2062651869","https://openalex.org/W2078550495","https://openalex.org/W2092102898","https://openalex.org/W2093362178","https://openalex.org/W2125531201","https://openalex.org/W2128617690","https://openalex.org/W2129525919","https://openalex.org/W2149625909","https://openalex.org/W2153328667","https://openalex.org/W2164591919","https://openalex.org/W3122246746","https://openalex.org/W3124304323","https://openalex.org/W4252517788","https://openalex.org/W6646436435"],"related_works":["https://openalex.org/W2041859837","https://openalex.org/W3122987570","https://openalex.org/W2063278913","https://openalex.org/W2754054513","https://openalex.org/W3166616478","https://openalex.org/W4400032465","https://openalex.org/W7215910746","https://openalex.org/W2525344825","https://openalex.org/W7154559162","https://openalex.org/W2117615578"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
