메뉴 건너뛰기




Volumn 14, Issue 1, 2001, Pages 243-276

The use of foreign currency derivatives and firm market value

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0035585880     PISSN: 08939454     EISSN: None     Source Type: Journal    
DOI: 10.1093/rfs/14.1.243     Document Type: Article
Times cited : (598)

References (40)
  • 1
    • 0039795268 scopus 로고    scopus 로고
    • Exchange-rate exposure, hedging, and the use of foreign currency derivatives
    • forthcoming
    • Allayannis, G., and E. Ofek. 2000, "Exchange-Rate Exposure, Hedging, and the Use of Foreign Currency Derivatives," forthcoming. Journal of International Money and Finance.
    • (2000) Journal of International Money and Finance
    • Allayannis, G.1    Ofek, E.2
  • 2
    • 0000653986 scopus 로고
    • A further investigation of the bankruptcy cost question
    • Altman, E., 1984, "A Further Investigation of the Bankruptcy Cost Question," Journal of Finance, 39, 1067-1089.
    • (1984) Journal of Finance , vol.39 , pp. 1067-1089
    • Altman, E.1
  • 3
    • 0038465465 scopus 로고    scopus 로고
    • How costly is financial (not economic) distress? Evidence from highly leveraged transactions that became distressed
    • Andrade, G., and S. Kaplan, 1998, "How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions That Became Distressed," Journal of Finance, 53, 1443-1493.
    • (1998) Journal of Finance , vol.53 , pp. 1443-1493
    • Andrade, G.1    Kaplan, S.2
  • 4
  • 5
    • 0001837326 scopus 로고
    • The use of interest rate futures and options by corporate financial managers
    • Block, S., and T. Gallagher, 1986, "The Use of Interest Rate Futures and Options by Corporate Financial Managers," Financial Management, 15, 73-78.
    • (1986) Financial Management , vol.15 , pp. 73-78
    • Block, S.1    Gallagher, T.2
  • 7
    • 84979188687 scopus 로고
    • The nature of the firm
    • Coase, R., 1937, "The Nature of the Firm," Economica, 4, 386-405.
    • (1937) Economica , vol.4 , pp. 386-405
    • Coase, R.1
  • 8
    • 21844511041 scopus 로고
    • Corporate incentives for hedging and hedge accounting
    • DeMarzo, P., and D. Duffie, 1995, "Corporate Incentives for Hedging and Hedge Accounting," Review of Financial Studies, 95, 743-771.
    • (1995) Review of Financial Studies , vol.95 , pp. 743-771
    • DeMarzo, P.1    Duffie, D.2
  • 9
    • 77957181674 scopus 로고
    • The determinants of international product
    • Dunning, J., 1973, "The Determinants of International Product," Oxford Economic Papers, 25, 289-336.
    • (1973) Oxford Economic Papers , vol.25 , pp. 289-336
    • Dunning, J.1
  • 10
    • 84993843447 scopus 로고
    • Risk management: Coordinating corporate investment and financing policies
    • Froot, K., D. Scharfstein, and J. Stein, 1993, "Risk Management: Coordinating Corporate Investment and Financing Policies," Journal of Finance, 48, 1624-1658.
    • (1993) Journal of Finance , vol.48 , pp. 1624-1658
    • Froot, K.1    Scharfstein, D.2    Stein, J.3
  • 12
    • 0040304511 scopus 로고    scopus 로고
    • Why firms use currency derivatives?
    • Geczy, C., B. Minton, and C. Schrand, 1997, "Why Firms Use Currency Derivatives?" Journal of Finance, 52, 1324-1354.
    • (1997) Journal of Finance , vol.52 , pp. 1324-1354
    • Geczy, C.1    Minton, B.2    Schrand, C.3
  • 14
    • 0039179797 scopus 로고    scopus 로고
    • Financing policy, basis risk, and corporate hedging: Evidence from oil and gas producers
    • Haushalter, D., 2000, "Financing Policy, Basis Risk, and Corporate Hedging: Evidence from Oil and Gas Producers," Journal of Finance, 55, 107-152.
    • (2000) Journal of Finance , vol.55 , pp. 107-152
    • Haushalter, D.1
  • 15
    • 0000740902 scopus 로고
    • Panel data and unobservable individual effects
    • Hausman, J., and W. Taylor, 1981, "Panel Data and Unobservable Individual Effects," Econometrica, 49, 1377-1398.
    • (1981) Econometrica , vol.49 , pp. 1377-1398
    • Hausman, J.1    Taylor, W.2
  • 16
    • 0001066475 scopus 로고
    • Agency costs of free cash flow, corporate finance and takeovers
    • Jensen, M., 1986, "Agency Costs of Free Cash Flow, Corporate Finance and Takeovers," American Economic Review, 76, 323-329.
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.1
  • 17
    • 0000753469 scopus 로고
    • Campeau's acquisition of federated: Value destroyed or value added?
    • Kaplan, S., 1989, "Campeau's Acquisition of Federated: Value Destroyed or Value Added?" Journal of Financial Economics, 25, 191-212.
    • (1989) Journal of Financial Economics , vol.25 , pp. 191-212
    • Kaplan, S.1
  • 18
    • 84911059380 scopus 로고
    • Tobin's Q, corporate diversification and firm performance
    • Lang, L., and R. Stulz, 1994, "Tobin's Q, Corporate Diversification and Firm Performance," Journal of Political Economy, 102, 1248-1280.
    • (1994) Journal of Political Economy , vol.102 , pp. 1248-1280
    • Lang, L.1    Stulz, R.2
  • 19
    • 84993848595 scopus 로고
    • A pure financial rationale for the conglomerate merger
    • Lewellen, W., 1971, "A Pure Financial Rationale for the Conglomerate Merger," Journal of Finance, 26, 521-537.
    • (1971) Journal of Finance , vol.26 , pp. 521-537
    • Lewellen, W.1
  • 23
    • 0000699742 scopus 로고
    • Why investors value multinationality
    • Morck, R., and B. Yeung, 1991, "Why Investors Value Multinationality," Journal of Business, 64, 165-187.
    • (1991) Journal of Business , vol.64 , pp. 165-187
    • Morck, R.1    Yeung, B.2
  • 25
    • 49449125071 scopus 로고
    • Determinants of corporate borrowing
    • Myers, S., 1977, "Determinants of Corporate Borrowing," Journal of Financial Economics, 5, 147-175.
    • (1977) Journal of Financial Economics , vol.5 , pp. 147-175
    • Myers, S.1
  • 26
    • 84993908963 scopus 로고
    • On the determinants of corporate hedging
    • Nance, D., C. Smith, and C. Smithson, 1993, "On the Determinants of Corporate Hedging," Journal of Finance, 48, 267-284.
    • (1993) Journal of Finance , vol.48 , pp. 267-284
    • Nance, D.1    Smith, C.2    Smithson, C.3
  • 27
    • 0001661892 scopus 로고
    • The gains and losses from industrial concentration
    • Peltzman, S., 1977, "The Gains and Losses from Industrial Concentration," Journal of Law and Economics, 20, 229-263.
    • (1977) Journal of Law and Economics , vol.20 , pp. 229-263
    • Peltzman, S.1
  • 28
    • 0000748060 scopus 로고
    • Alternative constructions of Tobin's Q: An empirical comparison
    • Perfect, S., and K. Wiles, 1994, "Alternative Constructions of Tobin's Q: An Empirical Comparison," Journal of Empirical Finance, 1, 313-341.
    • (1994) Journal of Empirical Finance , vol.1 , pp. 313-341
    • Perfect, S.1    Wiles, K.2
  • 29
    • 0039572412 scopus 로고    scopus 로고
    • Hedging and coordinated risk management: Evidence from thrift conversions
    • Schrand, C., and H. Unal, 1998, "Hedging and Coordinated Risk Management: Evidence from Thrift Conversions," Journal of Finance, 53, 979-1013.
    • (1998) Journal of Finance , vol.53 , pp. 979-1013
    • Schrand, C.1    Unal, H.2
  • 30
    • 0039056187 scopus 로고    scopus 로고
    • The value of diversification during the conglomerate merger wave
    • Servaes, H., 1996, "The Value of Diversification During the Conglomerate Merger Wave," Journal of Finance, 51, 1201-1225.
    • (1996) Journal of Finance , vol.51 , pp. 1201-1225
    • Servaes, H.1
  • 32
    • 2342505938 scopus 로고
    • The investment opportunity set and corporate financing, dividend, and compensation policies
    • Smith, C., and R. Watts, 1992, "The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies," Journal of Financial Economics, 32, 263-292.
    • (1992) Journal of Financial Economics , vol.32 , pp. 263-292
    • Smith, C.1    Watts, R.2
  • 34
    • 0009169278 scopus 로고    scopus 로고
    • Who manages risk? An empirical examination of risk management practices in the gold mining industry
    • Tufano, P., 1996, "Who Manages Risk? An Empirical Examination of Risk Management Practices in the Gold Mining Industry," Journal of Finance, 51, 1097-1137.
    • (1996) Journal of Finance , vol.51 , pp. 1097-1137
    • Tufano, P.1
  • 35
    • 84990385473 scopus 로고    scopus 로고
    • Who uses interest rate swaps? A cross-sectional analysis
    • Visvanathan, G., 1998, "Who Uses Interest Rate Swaps? A Cross-Sectional Analysis," Journal of Accounting, Auditing and Finance, 13, 173-200.
    • (1998) Journal of Accounting, Auditing and Finance , vol.13 , pp. 173-200
    • Visvanathan, G.1
  • 36
    • 0002074837 scopus 로고
    • Alternative explanations of interest rate swaps: A theoretical and empirical analysis
    • Wall, L., and J. Pringle, 1989, "Alternative Explanations of Interest Rate Swaps: A Theoretical and Empirical Analysis," Financial Management, 18, 59-73.
    • (1989) Financial Management , vol.18 , pp. 59-73
    • Wall, L.1    Pringle, J.2
  • 37
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
    • White, H., 1980, "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, 48, 817-838.
    • (1980) Econometrica , vol.48 , pp. 817-838
    • White, H.1
  • 38
    • 0010778645 scopus 로고
    • Bankruptcy resolution: Direct costs and violation of priority of claims
    • Weiss, L., 1990, "Bankruptcy Resolution: Direct Costs and Violation of Priority of Claims," Journal of Financial Economics, 27, 285-314.
    • (1990) Journal of Financial Economics , vol.27 , pp. 285-314
    • Weiss, L.1
  • 40
    • 0030078208 scopus 로고    scopus 로고
    • Higher market valuation of companies with a small board of directors
    • Yermack, D., 1996, "Higher Market Valuation of Companies with a Small Board of Directors," Journal of Financial Economics, 40, 185-211.
    • (1996) Journal of Financial Economics , vol.40 , pp. 185-211
    • Yermack, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.