Dhanani, Alpa; Fifield, Suzanne; Helliar, Christine; … - In: Studies in Economics and Finance 24 (2007) March, pp. 72-90
Purpose – The purpose of this paper is to examine the interest rate risk management (IRRM) practices of UK companies. In particular, the study examines five theories that have been advanced in the literature to explain why companies hedge: tax and regulatory arbitrage; under-investment,...
