How Companies Can Use Hedging to Create Shareholder Value

被引：0

作者：

Stulz, Rene M. ^{[1
]}

机构：

[1] Ohio State Univ, Banking & Monetary Econ, Columbus, OH 43210 USA

来源：

JOURNAL OF APPLIED CORPORATE FINANCE | 2022年 / 34卷 / 01期

关键词：

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Corporate managers have an intuitive sense that an effective risk management program contributes to shareholder value, but they typically find it difficult to measure or communicate the success of such a program. Much of the difficulty stems from confusion about the proper goals of risk management-and how such goals relate to profitability-and about the role of derivatives in the execution of a risk management strategy.

引用

页码：58 / 66

页数：9

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