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Is corporate hedging always beneficial? A theoretical and empirical analysis
This paper investigates, theoretically and empirically, the impact of corporate hedging activities on firm value/performance. In a perfect market, with self-less management, aiming to maximise shareholder wealth, it may be...
Is corporate hedging always beneficial? A theoretical and empirical analysis
This paper investigates, theoretically and empirically, the impact of corporate hedging activities on firm value/performance. In a perfect market, with self-less management, aiming to maximise shareholder wealth, it may be...