En este trabajo se estudia la relación entre la financiación de sociedades no financieras con bonos denominados en dólares y las oportunidades de financiación sin riesgo de tipo de cambio en dicha divisa. Estas oportunidades surgen cuando la base es positiva, es decir, cuando resulta más...

A hedge fund's capital structure is fragile because uninformed fund investors are highly loss sensitive and easily withdraw capital in response to bad news. Hedge fund managers, sharing common investors and interacting with each other through market price, sensitively react to other funds'...

A hedge fund's capital structure is fragile because uninformed fund investors are highly loss sensitive and easily withdraw capital in response to bad news. Hedge fund managers, sharing common investors and interacting with each other through market price, sensitively react to other funds'...