En el presente artículo se describen y analizan los resultados del proyecto de investigación “Identificación y análisis de la percepción de los clientes respecto a la calidad del servicio recibido de parte de las grandes superficies de la ciudad de Ibagué”, principalmente los...

This paper discusses how to achieve optimal hedging of a cash flow when facing exchange rate risk, price risk of the product the company sells and costs and quantity uncertainty. We present an analytical solution to the optimal hedging strategies when futures on the good produced and on the...

This paper analyzes the impact of security offering announcements on stock prices for a sample of 172 issues of securities in the Chilean financial market, during the 1993-2002 period. We found that the authorization of bond issues given by the SVS (Superintendencia de Valores y Seguros)...

This paper analyzes the impact of security offering announcements on stock prices for a sample of 172 issues of securities in the Chilean financial market, during the 1993-2002 period. The sample is composed by 116 equity issues and 56 corporate bond issues. During the same period the SVS...

In this paper we analyze the problem faced by a firm who is exposed to long-term exchange rate risk, having no access to long-term forward contracts that would allow hedging the exchange risk perfectly. We analyze how much of the long-term exchange rate risk faced by the firm can be eliminated...