Why firms hedge with currency derivatives: an examination of transaction and translation exposure

N Hagelin - Applied Financial Economics, 2003 - Taylor & Francis
This article examines Swedish firms' use of currency derivatives to provide empirical
evidence on the determinants of firms' hedging decisions. The study uses survey data in …

What drives financial hedging? A meta-regression analysis of corporate hedging determinants

J Geyer-Klingeberg, M Hang, AW Rathgeber - International Review of …, 2019 - Elsevier
We examine the drivers of heterogeneity for the determinants of corporate hedging by
applying meta-regression analysis on a sample of 175 primary studies. Taken all previous …

[HTML][HTML] Keyword portfolio optimization in paid search advertising

E Symitsi, RN Markellos, MK Mantrala - European Journal of Operational …, 2022 - Elsevier
This paper uses investment portfolio theory to determine budget allocation in paid online
search advertising. The approach focuses on risk-adjusted performance and favors …

Is value creation consistent with currency hedging?

M Vivel Búa, L Otero González… - … European Journal of …, 2015 - Taylor & Francis
This paper analyzes value creation through currency hedging in the Spanish market. The
results show that the hedging with derivatives generated an average premium of 1.53% and …

On the determinants of derivative usage by large Indian non-financial firms

B Charumathi, HB Kota - Global Business Review, 2012 - journals.sagepub.com
Corporations in India, as in the rest of the world, use hedges to protect themselves against a
quartet of exposures: swings in interest rates, commodity prices, foreign exchange rates and …

The impact of derivatives usage on firm value: evidence from Greece

S Kapitsinas - 2008 - mpra.ub.uni-muenchen.de
This paper presents evidence on the use of derivative contracts in the risk management
process of Greek non-financial firms and its potential impact on firm value. The sample of the …

Commodity futures contract viability: a multidisciplinary approach

JME Pennings, RM Leuthold - 1999 - papers.ssrn.com
We propose a development process of commodity futures contracts in which the decisions
and wishes of potential customers are investigated simultaneously with the necessary …

Foreign debt as a hedging instrument of exchange rate risk: a new perspective

LO Gonzalez, MV Bua, SF Lopez… - The European Journal of …, 2010 - Taylor & Francis
This paper analyzes the factors that determine the use of foreign currency debt to hedge
currency exposure for a sample of 96 Spanish non-financial companies listed in 2004 …

Pulling the trigger or not: Factors affecting behavior of initiating a position in derivatives markets

JME Pennings - Journal of Economic Psychology, 2002 - Elsevier
The behavior of managers in initiating a derivatives market position brings to the surface an
interesting phenomenon: sometimes managers initiate a position in derivatives markets (ie …

A behavioral decision-making modeling approach toward hedging services

JME Pennings, MJJM Candel… - The Journal of Behavioral …, 2003 - Taylor & Francis
This paper takes a behavioral approach toward the market for hedging services. A
behavioral decision-making model is developed that provides insight into how and why …