Surveys of corporate risk management document that selective hedging, where managers incorporate their market views into firms’ hedging programs, is widespread in the U.S. and other countries. Stulz (1996) argues that selective hedging could enhance the value of firms that possess an...

We show that managerial overconfidence, which has been found to influence a number of corporate financial decisions, also affects corporate risk management. We find that managers increase their speculative activities using derivatives following speculative gains, while they do not reduce their...

"How Chinese migration to the world's goldfields upended global power and economics and forged modern conceptions of race. In roughly five decades, between 1848 and 1899, more gold was removed from the earth than had been mined in the 3,000 preceding years. But friction between Chinese and white...

"One Shot for Gold: Developing a Modern Mine in Northern California is an oral history of the development and operation of the McLaughlin Mine, the last major gold mine operated by the Homestake Mining Company in Napa County. It is a major contribution to mining history after 1980 in that it...

The study reviews small-scale gold mining in the Philippines and economically assesses mercury pollution and other development problems in the industry. The end purpose is to suggest measures to address the problems and promote better environmental and overall management of small-scale mining....