Bodnar, G.M.; de Jong, A.; Macrae, V. - Tilburg University, Center for Economic Research - 2001
This paper tests the influence of institutional differences on risk management practices.Several survey studies have … investigated derivatives usage for risk management purposes in the US (see, among others, Bodnar, Hayt, Marston and Smithson, 1995 … Netherlands have a significant effect on the risk management practices and derivatives use of US and Dutch firms. …