The Research Of The Influence Of Foreign Exchange Rate Volatility On The Value Of SDX Company

As the world economy by the rapid transformation of industrial economy to a service economy, service outsourcing has become a high-speed growth the important wayformultinational enterprise to participate in international competition, to gain the value of the company.U.S. financial crisis of 2008 and the crisis of European debtof 2009 have caused a serious impacton the the exchange rate fluctuationsin international bond market, stock market and foreign market, which not only contributed to the logistics service outsourcing enterprises of foreign exchange risk, but also increased the number of multinational companies by using outsourcing to low value-added logistics service process, which led to changein the number of the logistics service outsourcing enterprise value of the company and the market environment.Therefore, this paper takes the global 80 countries SDX international logistics service outsourcing services company as the research object, to study exchange rate volatility on international service outsourcing SDX research on the effects of the value of the company, and put forward some suggestions of strengthening avoid foreign exchange risk for SDX Company to improve the core competitiveness, which make it maximize the value of the company’s goals come true.At the same time, provide some referencesfor logistics service outsourcing company in China.First of all, this paper analyses the external environment and internal quality of SDX Company affect the value of the company by using financial method.Then, Using the dividend discount model exchange rate value with SDX equation is deduced, and get multivariatenonlinear regression modelof SDX exchange rate volatility on international service outsourcing company value influence by testing.Due to exchange rate fluctuations caused by exchange rate risk affect the corporate value of SDX company acting on different time range.The empirical analysis in long range and short rangerespectively, by using the Dollarcurrency rate, the Eurocurrency rate, the RMB currency rate, and the main currency exchange rate to analysis the fluctuations on the value of SDX Company, and analysis of exchange rate volatility on the value of company in same filed with SDX Company, however, which have different international business industry with SDX Company.According to the results of empirical analysis, there are three conclusions are drawn: first, financial value drivers and business value drivers help SDX companies enhance the value of corporate.Second, no matter in the long range, or a short interval, the Dollarcurrency rate, the Eurocurrency rate, the RMB currency rate havestrong fluctuations on the values of the SDX Company.Due to exchange rate fluctuations affects directly on the investment, the cost of debt, financing and other factors of SDX Company, which makes different currency exchange rate significant correlation on the value of SDX Company. Third, exchange rate volatility on the value of company in same filed with SDX Company, however, which has different international business industry with SDX Company. The more international business income, the more significant for exchange rate fluctuations affect the value of the company.