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Agricultural risk managers need forecasts of price volatility that are accurate and meaningful. This is especially true given the greater emphasis on firm level risk measurement and management (e.g., Value-at-Risk and Enterprise Risk Management). Implied volatility is known to provide a readily...
Persistent link: https://www.econbiz.de/10009442962
Cash forward contracting is a common, and often preferred, means of managing price risk for agribusinesses. Despite this, little is known about the performance of cash forward markets, in particular the role they play in price discovery. The lumber market provides a unique case for examining...
Persistent link: https://www.econbiz.de/10009442968
Myers and Thompson (1989) pioneered the concept of a generalized approach to estimating hedge ratios, pointing out that the model specification could have a large impact on the hedge ratio estimated. While a huge empirical literature exists on estimating hedge ratios, the literature is lacking a...
Persistent link: https://www.econbiz.de/10009442973
The Commodity Futures Trading Commission's Commitments of Traders data are examined. Non-commercial positions are thought to contain the least amount of measurement error. Although non-commercials comprise a relatively small percent of the tested markets' open interest (10% to 22%), they have...
Persistent link: https://www.econbiz.de/10009443007
It is commonly asserted that speculative buying by index funds in commodity futures andover–the–counter derivatives markets created a ‘‘bubble’’ in commodity prices, with the resultthat prices, and crude oil prices, in particular, far exceeded fundamental values at the peak.The...
Persistent link: https://www.econbiz.de/10009446398
naprakészek, ráadásul jelentősebb ráfordítás nélkül hozzáférhetők. A marketing- és a sales munkatársak közötti hagyományosan … marketing leaders can build market experience of sales employees into the management activity. Because of the traditionally … problematic relationship between marketing and sales employees, companies do not exploit this opportunity of market orientation …
Persistent link: https://www.econbiz.de/10010352977
We have limited knowledge on the potential pattern similarities/differences of trust’s role that may exist in information use obtained through intra- and extra-organizational relationships. This study addresses this question by investigating how trust leads to information use. Data from 338...
Persistent link: https://www.econbiz.de/10011287876
. Direct measures between sales-marketing interface quality and company performance are compromised, as company performance is … influenced by a plethora of other factors. We advocate that the use of sales information is the missing link between sales-marketing … relationship quality and organizational outcomes. We propose and empirically test a model on how sales-marketing interface quality …
Persistent link: https://www.econbiz.de/10011287877
Persistent link: https://www.econbiz.de/10011287878