This seminar paper deals with three main hedging policies. It is based on the Smith and Stulz (1985) paper "the determinants of firms' hedging policies. Furthermore their results are compared with other scientific papers. At the end, one should be able to get a basic knowledge about hedging and how taxes, debt and managerial behavior can influence different policies.
Table of contents
Inhalt
I. Introduction
II. Taxes
III. Debt
IV. Managerial Compensation and Risk Aversion
V. Conclusion
VI. References
Fin de l'extrait de 13 pages
- haut de page
- Citation du texte
- BSc Oliver Baumgartner (Auteur), 2012, The Determinants of Firms’ Hedging Policies: an Explanatory Summary of Different Scientific Papers, Munich, GRIN Verlag, https://www.grin.com/document/211890
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X.