Yang, Jian; Leatham, David J.; Case, Spencer A. - In: Agribusiness 16 (2000) 3, pp. 367-379
U.S. companies use interest rate swaps more than any other financial derivative. The effect of swap usage on the shareholders' wealth is both controversial and unclear. Using a sample from the food processing industry, we examined both short-run and long-run wealth effects associated with swap...