konsequente, wertorientierte Ausrichtung aller Unternehmensteile und -aktivit?ten. Das Risikomanagement, welches stets im Rahmen … Risikomanagement am Beschaffungsmarkt bei Rohstoffen, dem Ertrags- und Risikomanagement am Absatzmarkt bei Kundenbeziehungen und dem … Ertrags- und Risikomanagement am Finanzmarkt bei Investmentfonds werden dabei drei ausgew?hlte Themenbereiche herausgegriffen. …

of riskaversion that is based on the observed risk preferences of energy hedging marketparticipants. The resulting …

In this thesis we discuss option pricing and hedging under regime switching models. To the standard model we add jumps … example, we can define a process such that the stock price moves to a high volatility state and simultaneously has a large … hedging options under finitely many regime states and with finitely many possible jump sizes. We find risk-free hedge …

to past experience. This may assist with making decisions about selective hedging. Likewise, historical evidence may be … useful in evaluating expected returns from the use of put options. Results from simple hedging strategies using either …

Price risk management problems confronting grain processors differ somewhat from conventional motives for hedging … forward a firm should cover its inevitable short cash positions. This study incorporates these two components of hedging into … baking industry to further illustrate how these impact hedging in a particular industry. …

of risk aversion that is based on the observed risk preferences of energy hedging market participants. The resulting …

currency derivatives. This is consistent with the theory that hedging increases the value of the firm. The type of instruments … unique in Thailand is that Thai businesses are less rigorous in their internal control of their currency hedging activities …. It is therefore recommended that companies consider a documented hedging policy and that senior management actively …