This study examines the managerial power-hypothesis of selective hedging, which holds that selective hedging is observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious scrutiny or questioning. The hypothesis is tested using...

The study examines ownership structure, cash flow and dividend policy in the listed firms of the oil and gas companies using eight companies out of the ten companies that are traded on the floor of the Nigerian Stock Exchange. Employing panel data (random-effects GLS and OLS), the researcher...