Showing 1 - 10 of 156
Krisenintervention im Rahmen des Forschungsgebietes Stress, Belastung und Beanspruchung. Aus der Betroffenenperspektive ist der Umgang …
Persistent link: https://www.econbiz.de/10011170353
According to financial theory, corporate hedging can increase shareholder value in the presence of capital market imperfections such as direct and indirect costs of financial distress, costly external financing, and taxes. This paper presents a comprehensive review of the extensive existing...
Persistent link: https://www.econbiz.de/10005835392
This paper investigates the motivations and practice of nonfinancial firms with regard to using financial options in their risk management activities. To this end, it provides a comprehensive account of the existing empirical evidence on the use of derivatives in general and options in...
Persistent link: https://www.econbiz.de/10005835643
to a situation known as “the exposure puzzle”. This paper provides a survey of the existing research on the exposure … phenomenon for nonfinancial firms. We suggest that the exposure puzzle may not be a problem of empirical methodology or sample … gross exposure that do not need to hedge, as well as firms with large gross exposures that employ one or several forms of …
Persistent link: https://www.econbiz.de/10005835963
This paper estimates the foreign exchange rate exposure of 6,917 U.S. nonfinancial firms on the basis of stock prices …
Persistent link: https://www.econbiz.de/10005836323
Documented and forecasted trends in rising sea levels and changes in storminess patterns have the potential to increase the frequency, magnitude, and spatial extent of coastal change hazards. To develop realistic adaptation strategies, coastal planners need information about coastal change...
Persistent link: https://www.econbiz.de/10011151460
understanding of such networks could potentially help to spur innovation and farmers’ exposure to new technologies. This study uses …
Persistent link: https://www.econbiz.de/10011155545
This paper identifies the most important similarities between the four PIGS countries: Portugal, Italy, Greece and Spain, in terms of principle macroeconomic indicators in the current crisis. This article also treats the principle transmission channels of sovereign risk and implicitly the...
Persistent link: https://www.econbiz.de/10011004822
exposure for pedestrian safety research. The need for pedestrian flow data as part of pedestrian exposure and safety analysis …
Persistent link: https://www.econbiz.de/10011015266
of exposure across firms. However, these results are not robust to the specification used. …
Persistent link: https://www.econbiz.de/10008629911