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The Impact of Derivatives Usage on Firm Value: Evidence from Greece
KAPITSINAS, SPYRIDON - Volkswirtschaftliche Fakultät, … - 2008
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 research consists of 81 Greek non-financial firms with exposure to financial risks that are listed in the Athens...
Persistent link: https://www.econbiz.de/10005835560
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Derivatives Usage in Risk Management by Non-Financial Firms: Evidence from Greece
KAPITSINAS, SPYRIDON - Volkswirtschaftliche Fakultät, … - 2008
findings of previous surveys: 33.9% of non-financial firms in Greece use derivatives, mainly to hedge their exposure to … disclosure requirement. Non-financial firms in Greece use sophisticated methods of risk assessment and report having a documented …
Persistent link: https://www.econbiz.de/10005837202