CLARK, EPHRAIM; JUDGE, AMRIT - In: Annals of Financial Economics (AFE) 01 (2005) 01, pp. 0550003-1
In this paper, we use survey data and data from annual reports to identify the determinants of hedging activity of United Kingdom (UK) firms in the context of an overall program of risk management. Comparing the two sets of data makes it possible to identify misclassified firms, that is, firms...
