Jankensgård, Håkan - In: Journal of risk and financial management : JRFM 12 (2019) 2/71, pp. 1-18
This study examines the managerial power-hypothesis of selective hedging, which holds that selective hedging is … from the oil and gas industry. The results support the view that managerial power increases selective hedging. The main … governance dimension associated with selective hedging is the extent of inside ownership. Firms with high inside ownership have …