The following article tests the wealth-building nature of derivatives usage in non-financial firms. Investigating 434 firms and employing univariate and multivariate tests, it uses both the fair values and notional values of firms’ derivatives contracts to determine whether derivatives usage enhances or destroys firm value
This paper provides empirical evidence on determinants of corporate derivatives usage for hedging pu...
Against the backdrop of the role of derivatives in the recent financial crisis, this paper investiga...
Purpose The purpose of this paper is to examine if the hedging strategy of the firm adds value to...
Using a large sample of nonfinancial firms from 47 countries, we examine the effect of derivative us...
This paper examines the impact of hedging on the cost of equity capital. Using hand-collected data o...
Using a sample of 6,888 non-financial firms from 47 countries, we examine the effect of derivative u...
Abstract Financial firms are carrying more risks than non-financial firms as they are operating with...
This paper presents evidence on the use of derivative contracts in the risk management process of Gr...
This piece of work attempts to distinguish among various theories of corporate hedging with the help...
There is a deficiency of consent on the role of derivative usage, risk management and value of firm....
Hedging instruments are deemed as value enhancing tool for both financial and non financial firms. T...
After the 2008 Global Financial Crisis, risk management has played an increasingly important role in...
According to financial theory, corporate hedging can increase shareholder value in the presence of c...
Abstract In today's globalized era all firms face an assortment of exchange rate risk in the due co...
This paper explores much preexisting research and history about derivatives. Derivative contracts ca...
This paper provides empirical evidence on determinants of corporate derivatives usage for hedging pu...
Against the backdrop of the role of derivatives in the recent financial crisis, this paper investiga...
Purpose The purpose of this paper is to examine if the hedging strategy of the firm adds value to...
Using a large sample of nonfinancial firms from 47 countries, we examine the effect of derivative us...
This paper examines the impact of hedging on the cost of equity capital. Using hand-collected data o...
Using a sample of 6,888 non-financial firms from 47 countries, we examine the effect of derivative u...
Abstract Financial firms are carrying more risks than non-financial firms as they are operating with...
This paper presents evidence on the use of derivative contracts in the risk management process of Gr...
This piece of work attempts to distinguish among various theories of corporate hedging with the help...
There is a deficiency of consent on the role of derivative usage, risk management and value of firm....
Hedging instruments are deemed as value enhancing tool for both financial and non financial firms. T...
After the 2008 Global Financial Crisis, risk management has played an increasingly important role in...
According to financial theory, corporate hedging can increase shareholder value in the presence of c...
Abstract In today's globalized era all firms face an assortment of exchange rate risk in the due co...
This paper explores much preexisting research and history about derivatives. Derivative contracts ca...
This paper provides empirical evidence on determinants of corporate derivatives usage for hedging pu...
Against the backdrop of the role of derivatives in the recent financial crisis, this paper investiga...
Purpose The purpose of this paper is to examine if the hedging strategy of the firm adds value to...