The effect of financial hedging on the incentives for corporate diversification: The role of stakeholder firm-specific investments
Financial hedging and corporate diversification are often considered substitutive means of risk management, implying that rapid development of financial hedging markets will yield less need for firms to manage risk through costly diversification. Building on a stakeholder-based view of risk manageme...
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Main Authors: | LIM, Sonya Seongyeon, WANG, Heli |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2007
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3455 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4454/viewcontent/EffectFin_Hedging_2007_pv.pdf |
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Institution: | Singapore Management University |
Language: | English |
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