Corporate risk management as a lever for shareholder value creation

SM Bartram - Financial Markets, Institutions & Instruments, 2000 - Wiley Online Library
Firm value is influenced in many direct and indirect ways by financial risks which consist in
unexpected changes of foreign exchange rates, interest rates and commodity prices. The …

[HTML][HTML] What determines the success of equity derivatives markets? A global perspective

S Samarakoon, RP Pradhan, RP Maradana… - Borsa Istanbul …, 2024 - Elsevier
This study investigated the factors driving derivatives market growth across three regions:
the Asia-Pacific region, America, Europe, Africa, and the Middle East. It found that underlying …

[PDF][PDF] A conceptual framework for analyzing the financial system

RC Merton, Z Bodie - The global financial system: A functional …, 1995 - un.uobasrah.edu.iq
This paper develops a conceptual framework for analyzing fundamental institutional
changes in the global financial system. The framework's objectives are to improve our …

Value-relevance of banks' derivatives disclosures

M Venkatachalam - Journal of Accounting and Economics, 1996 - Elsevier
This paper investigates the value-relevance of banks' derivatives disclosures provided
under SFAS 119. The findings suggest that the fair value estimates for derivatives help …

[图书][B] Financial derivatives: a blessing or a curse?

S Grima, EI Thalassinos - 2020 - emerald.com
Business, Aarhus School of Business, Denmark. Retrieved from http://pure. au.
dk/portal/files/32327795/0002867. pdf. Accessed on 22 November 2019. Aalberts, R., & …

The “end of geography” in financial services? Local embeddedness and territorialization in the interest rate swaps industry

P Agnes - Economic geography, 2000 - Taylor & Francis
This paper provides evidence that the globalization of financial services has not undermined
the importance of local embeddedness in world financial centers, among global banks …

Financial engineering in Islamic finance

Z Iqbal - Thunderbird International Business Review, 1999 - Wiley Online Library
The objective of this article is to examine the scope of financial innovation and engineering
within an Islamic financial system. The article concludes that, contrary to common belief …

The choice of hedging techniques and the characteristics of UK industrial firms

NL Joseph - Journal of Multinational Financial Management, 2000 - Elsevier
This study presents the empirical results for the relationship between the use of hedging
techniques and the characteristics of UK multinational enterprises (MNEs). All the firms in …

Speculative and hedging interaction model in oil and US dollar markets with financial transaction taxes

D Carfí, F Musolino - Economic Modelling, 2014 - Elsevier
Our article develops a game theory model of interaction between speculative and hedging
behaviors in the oil and US dollar markets, in the presence of a severe taxation on …

Diverging derivatives: Law, governance and modern financial markets

BG Carruthers - Journal of Comparative Economics, 2013 - Elsevier
This paper examines the institutional, political and regulatory history of US derivatives
markets from the 1980s until the financial crisis of 2008 to understand the divergence …