Active interest rate management with derivatives and the market value of non-financial firms

• Main Author: Buan, Yi Huey
• Other Authors: Srinivasan, Bobby Sundaravaradhan
• Format: Theses and Dissertations
• Published: 2008
• Subjects: DRNTU::Business::Finance::Interest rates
• Online Access: http://hdl.handle.net/10356/7644
• Institution: Nanyang Technological University

This paper focuses on the fundamental question of whether actively managing interest rate exposures using IRDs increase firm market value.