Corporate Governance Code (Preda Code) checking them against a proxy for international best practice, the independence criteria … business relationships with the company and not to have too many concurrent commitments outside of the company) the level of …

Many interest rates are as volatile as exchange rates and thus represent an equally important source of risk for … interest rate exposure of nonfinancial firms. Consequently, this paper investigates the impact of interest rate risk on a large …

are highest when business conditions are good, but not too good: in exceptionally good times, even weaker firms can get … successfully. As investors' monitoring costs decrease, the region in which fraud occurs shifts towards better business conditions …. It follows that if business conditions are sufficiently strong, a decrease in monitoring costs actually increases the …

rate risk on firm value could be detected empirically. This paper investigates whether the results of previous studies can …

This paper presents international evidence on the use of financial derivatives for a sample of 7,292 non …

resources to risk management activi-ties is, however, only an indication of the potential of corporate risk management to … the contribution of corporate risk management to shareholder value. It is argued that because of realistic capital market … imperfections, such as agency costs, transac-tion costs, taxes, and increasing costs of external financing, risk management at the …