Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Corporate Hedging
Download Corporate Hedging full books in PDF, epub, and Kindle. Read online Corporate Hedging ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Corporate Hedging in Theory and Practice by : Christopher L. Culp
Download or read book Corporate Hedging in Theory and Practice written by Christopher L. Culp and published by . This book was released on 1999 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: An edited collection addressing key issues in the theory and practice of corporate hedging with the MG debacle as the focal point.
Book Synopsis Dynamic Hedging by : Nassim Nicholas Taleb
Download or read book Dynamic Hedging written by Nassim Nicholas Taleb and published by John Wiley & Sons. This book was released on 1997-01-14 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management. Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.
Book Synopsis Corporate Hedging by : Michael P. Ross
Download or read book Corporate Hedging written by Michael P. Ross and published by . This book was released on 1998 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Applied Regression Analysis for Business and Economics by : Terry E. Dielman
Download or read book Applied Regression Analysis for Business and Economics written by Terry E. Dielman and published by South Western Educational Publishing. This book was released on 1996 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disk includes: Data sets for the exercises in the text, formatted in ASCII, MINITAB, SAS, Microsoft Excel, and STATA form and accessible to any statistical software package.
Download or read book Hedging written by Joseph D. Koziol and published by . This book was released on 1990-02-19 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes both financial and physical hedging strategies and programs applicable to almost any industry. Shows how to use hedging strategies to capitalize on market volatility, while minimizing the effects of unfavorable market swings. Addresses theories of hedging and cross-hedging, cash-and-carry or ``repo'' programs, the ``perfect hedge,'' and the hedging paradox and also offers comparative approaches supported by examples.
Download or read book Corporate Hedging written by Ingo Fender and published by . This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hedging Demystified written by Tim Bishop and published by Open Road Press. This book was released on 2014-09-15 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do changes in•commodity prices•interest rates•foreign currency exchange rates•or weather jeopardize your bottom lineFinally, it's here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains:•The mechanics of hedging•How hedging protects wealth•How to achieve more predictable earnings amid the unpredictable•Specific examples of hedgingHedging opportunities and pitfalls, Hedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable.
Author :Sonia Piotti Publisher :EDUCatt - Ente per il diritto allo studio universitario dell'Università Cattolica ISBN 13 :8867802356 Total Pages :119 pages Book Rating :4.8/5 (678 download)
Book Synopsis Exploring Corporate Rhetoric in English: Hedging in Company Annual Reports by : Sonia Piotti
Download or read book Exploring Corporate Rhetoric in English: Hedging in Company Annual Reports written by Sonia Piotti and published by EDUCatt - Ente per il diritto allo studio universitario dell'Università Cattolica. This book was released on 2014-05-13 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Accounting for Derivatives by : Juan Ramirez
Download or read book Accounting for Derivatives written by Juan Ramirez and published by John Wiley & Sons. This book was released on 2011-03-10 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting for Derivatives: Advanced Hedging under IFRS is a comprehensive practical guide to hedge accounting. This book is neither written by auditors afraid of providing opinions on strategies for which accounting rules are not clear, nor by accounting professors lacking practical experience. Instead, it is based on day-to-day experience, advising corporate CFOs and treasurers on sophisticated hedging strategies. It covers the most frequent hedging strategies and addresses the most pressing challenges that corporate executives find today. The book is case-driven with each case analysing in detail a real-life hedging strategy. A broad range of hedging strategies have been included, some of them using sophisticated derivatives. The objective of this book is to provide a conceptual framework based on the extensive use of cases so that readers can create their own accounting interpretation of the hedging strategy being considered. Accounting for Derivatives will be essential reading for CFOs, internal auditors and treasurers of corporations, professional accountants as well as derivatives professionals working at commercial and investment banks. Key feature include: The only book to cover IAS39 from the derivatives practitioner’s perspective Extensive real-life case studies to providing essential information for the practitioner Covers hedging instruments such as forwards, swaps, cross-currency swaps, and combinations of standard options as well as more complex derivatives such as knock-in forwards, KIKO forwards, range accruals and swaps in arrears. Includes the latest information on FX hedging and hedging of commodities
Book Synopsis Hedging, Corporate Governance and Firm Value by : Sardar M. N. Islam
Download or read book Hedging, Corporate Governance and Firm Value written by Sardar M. N. Islam and published by Nova Science Publishers. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate risk management policy is essential during a period of volatile commodity prices and exchange rates in managing the risk exposure and its consequent impact on cash flow, profitability and firm value. Debates on whether hedging with derivatives practically enhances firm value through market imperfections, however, are still on-going. Hitherto, conflicting and mixed empirical evidence supported the debates in financial risk management theories. Taking into account that the contradictions among the existing literature could possibly be caused by the problem of endogeneity among variables and firm heterogeneity or fixed effects due to differences in corporate governance, this book explores the interrelationship between commodity risk exposure, hedging, corporate governance and firm value in an emerging market, using Malaysia as a case study. It provides the major findings in this area and the conclusions for strategies and insights for further generalisation in wider capital markets from the perspective of an emerging market of the Asia-Pacific region. Three main econometrics models are applied in this book. The first model estimates the commodity risk exposure of non-financial companies in the Malaysian stock exchange as a case study, and its implications for corporate hedging policy, by examining two sets of commodities; namely crude oil and palm oil. The commodity risk exposures were estimated by employing the augmented ordinary least squares (OLS) market model. Probit and tobit models were applied to assess the effect of risk exposure on corporate risk management policy. The results conclude that commodity risk exposure significantly affects the hedging policy of Malaysian firms. The second set of models examined the impact of hedging on firm value, using 420 firm-year observations (2004 to 2009). The results strongly support the positive effect of hedging on firm value. Both univariate and multivariate analysis support the hypothesis that a companys decisions to hedge -- as well as the extent of its hedging -- lead to higher firm value. The results remain robust by comparing pooled-OLS regressions, fixed-effects panel analysis, two-stage least squares and generalised methods of moments (GMM). The third model investigates the effect of corporate governance on hedging using probit and tobit regressions. This book presents major empirical findings for the relationship between risk management, corporate governance and firm value, and their general implications for capital markets. The empirical and general findings discussed in this book strongly support managerial risk aversion theory, which posits that firms with a higher proportion of directors shareholdings are likely to hedge more. The findings also revealed that firm size is positively related to hedging, that geographically diversified firms are more likely to hedge and have higher hedging activity, and that firms with higher cash holdings and lower dividend pay-outs are less likely to hedge. As a conclusion for policy implication, the findings emphasise the need for greater transparency and disclosure of commodity price risks and hedging policy in corporate financial statements in an emerging market.
Book Synopsis Corporate Hedging Strategies in the Foreign Exchange Forward Markets by : Carl H. Walther
Download or read book Corporate Hedging Strategies in the Foreign Exchange Forward Markets written by Carl H. Walther and published by . This book was released on 1983 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Corporate Hedging, Investment and Value by : Jose M. Berrospide
Download or read book Corporate Hedging, Investment and Value written by Jose M. Berrospide and published by . This book was released on 2008 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Corporate Foreign Exchange Risk Management by : Lars Oxelheim
Download or read book Corporate Foreign Exchange Risk Management written by Lars Oxelheim and published by John Wiley & Sons. This book was released on 2020-06-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical and accessible guide that demystifies ForEx risk for managers in all areas of business Virtually any organisation active in the global economy is impacted by fluctuations in foreign exchange (FX or ForEx) markets. Managers need to understand this increasingly complex issue and measure their firm’s exposure to risk. Corporate Foreign Exchange Risk Management is an in-depth yet accessible guide on effective ForEx exposure management. Designed for professionals responsible for managing a profit & loss or balance sheet influenced by ForEx fluctuations, it enables risk managers to navigate the interconnected worlds of financial management and economics. This innovative guide integrates academic discussion of the economics of risk management decisions and pragmatic advice for various situations in which performance measures affected by accounting standards are paid considerable attention. Readers are provided with the tools and knowledge required to handle a broad range of issues related to ForEx risk management. Clear, non-technical chapters demystify concepts that often appear complicated and confusing to managers. Written by globally-recognised experts in corporate finance, risk management and international business, this book: Employs a reader-friendly narrative style to explain complex concepts Provides a clear, actionable risk management strategy which can be used in a variety of businesses Places all concepts in relatable, real-world contexts Explains important academic research to practitioners in plain English Includes effective pedagogical tools and explanations, straightforward examples and end-of-chapter summaries which highlight key points Corporate Foreign Exchange Risk Management is a must-read for any manager who deals with corporate exposure to ForEx risk, as well as analysts wishing to better understand the relation between corporate performance and ForEx fluctuations and students of corporate risk management.
Book Synopsis How to Hedge Metals by : Lesley Campbell
Download or read book How to Hedge Metals written by Lesley Campbell and published by CRC Press. This book was released on 2024-08-30 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to Hedge Metals is an important resource for all traders, whether new graduates or seasoned directors, and is written in simple, precise, and clear terms. It is engaging and accessible – a good read rather than a reference book – and provides solutions to the problems caused by metal price volatility. It walks through the entire hedging process, starting long before the first futures trade, with a discussion on risk tolerance and appetite. It explains how the world’s major futures exchanges work; but more importantly, it explains how futures and options can solve physical trading problems. Written entirely from a hedger’s perspective, How to Hedge Metals answers questions on issues such as Quotational Periods, option premiums, and backwardations. The aim of the book is not to promote hedging; some companies will learn how to minimise risk by changing their physical contracts, while others may conclude that the level of risk they face is acceptable. For those who decide to hedge there is a step-by-step guide to preparation, implementation, and evaluation of a hedging strategy, as well as case studies to illustrate how strategies have gone wrong in the past. Whatever their business model and knowledge of commodity markets, metal producers, fabricators and traders will understand what they can realistically achieve with a hedging program, and how to achieve it. This book deals with real world problems – contracts that are not in convenient 25 tons multiples, customers, and suppliers who change their minds, shipments that are delayed and markets that inexplicably move in ways that seem to defy the laws of supply and demand. Written by a respected industry expert who has worked for trading companies, banks, brokers, and the London Metal Exchange (LME), it uses simple language and engaging graphics to show how futures and options can offer protection from the increasing volatility of metal prices.
Book Synopsis Corporate Hedging and Derivative Choice by : Gregory William Brown
Download or read book Corporate Hedging and Derivative Choice written by Gregory William Brown and published by . This book was released on 1998 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Risk Management by : Michael Frenkel
Download or read book Risk Management written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with all aspects of risk management that have undergone significant innovation in recent years, this book aims at being a reference work in its field. Different to other books on the topic, it addresses the challenges and opportunities facing the different risk management types in banks, insurance companies, and the corporate sector. Due to the rising volatility in the financial markets as well as political and operational risks affecting the business sector in general, capital adequacy rules are equally important for non-financial companies. For the banking sector, the book emphasizes the modifications implied by the Basel II proposal. The volume has been written for academics as well as practitioners, in particular finance specialists. It is unique in bringing together such a wide array of experts and correspondingly offers a complete coverage of recent developments in risk management.
Book Synopsis The Impact of Corporate Hedging by : Marten Ben Müller
Download or read book The Impact of Corporate Hedging written by Marten Ben Müller and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous research has reported divided results of the impact of corporate hedging on profitability and what drives companies to hedge. In this study, I build on the prior discussion and examine the relationship between exposure and liquidity on hedging as a reason to hedge, the impact of hedging on profitability and the influence of firm size on the extent of hedging. I assess the conceptual framework using secondary data from all S&P 500 semiconductor companies across the four-year timespan of 2018-2021. The regression analysis revealed no significant impact of exposure and liquidity on hedging decisions. The hedging intensity significantly negatively affects the financial performance in two metrics, the return on assets and the profit margin ratio; however, it shows no effect on the earnings per share. Together, findings support the argument that economies of scale in corporate hedging depend on firm size.
