Butt, Affaf Asghar; Nazir, Main Sajid; Arshad, Hamera; … - In: Journal of risk and financial management : JRFM 11 (2018) 3, pp. 1-15
. It calls for such hedging techniques that mitigate this risk level, thus, allowing corporations to enjoy a solid return …. This paper draws attention to a new determinant of hedging, i.e., the role of ownership concentration in risk management … study reveals that concentrated owners are less likely to use derivatives for hedging purposes due to concentrated owners …
