Hedging using Derivatives: A Study of Non-Financial Firms in the UK
Using data from annual reports for the fiscal year ending 2005, this paper presents evidence on the use of derivatives by non-financial firms in the United Kingdom. We find that non-financial firms generally only use derivatives for hedging purposes and that there is very little evidence of non-fina...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2006
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| Online Access: | https://eprints.nottingham.ac.uk/20766/ |