Quadratic Hedging of Commodity and Energy Cash Flows
نویسندگان
چکیده
منابع مشابه
On the Sensitivity of Corporate Cash Holdings and Hedging to Cash Flows
We investigate a firm’s joint decision to hold cash and to hedge in the presence of financial constraints. The predictions are tested using a sample of manufacturing firms. We confirm the existing evidence of a positive sensitivity of cash holdings to cash flow for financially constrained firms. More importantly, we find a positive sensitivity of hedging to cash flow for constrained firms and, ...
متن کاملAbstracts for the conference on ”Energy and Commodity Risk Management and hedging of Commodity Derivatives”
s for the conference on ”Energy and Commodity Risk Management and hedging of Commodity Derivatives” Wolfgang Pauli Institute, Vienna
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ژورنال
عنوان ژورنال: Foundations and Trends® in Technology, Information and Operations Management
سال: 2019
ISSN: 1571-9545,1571-9553
DOI: 10.1561/0200000089