Do Firms Hedge Optimally? Evidence from an exogenous governance change

We ask whether firms hedge optimally by analyzing the impact the NYSE/NASDAQ listing rule changes have had, which exogenously imposed board composition changes on a subset of firms, on financial risk management. Using new proxies for the extent of financial risk management in non-financial firms we...

Full description

Saved in:
Bibliographic Details
Main Authors: HUANG, Sterling, PEYER, Urs, SEGAL, Benjamin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1346
https://ssrn.com/abstract=2312263
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English