The degree of utilisation of both internal and external hedging techniques depends on the type of exposure that is hedged. Furthermore, the characteristics of the firms appear to explain the choice of hedging technique but the use of certain hedging techniques appears to be associated with increases in the variability of some accounting measures.
|Title of host publication||Financial risk and financial risk management|
|Place of Publication||London|
|Number of pages||35|
|Publication status||Published - 2002|
- foreign exchange
- financial management
- risk management