WHY HEDGE? SOME EVIDENCE FROM OIL AND GAS PRODUCERS
Despite the prevalence of corporate risk management, there are no widely accepted explanations for why companies hedge or how shareholders benefit from hedging. This article provides some evidence on these issues by reporting the results of a study of the risk management policies of 100 oil and gas producers from 1992 to 1994. 2001 Morgan Stanley.
Year of publication: |
2001
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Authors: | Haushalter, David |
Published in: |
Journal of Applied Corporate Finance. - Morgan Stanley, ISSN 1078-1196. - Vol. 13.2001, 4, p. 87-92
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Publisher: |
Morgan Stanley |
Saved in:
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