RAE-CLÁSSICOS
Por que o hedging parcial é ótimo?
Richard SaitoI; Rafael F. SchiozerII
IFGV-EAESP E-mail: richard.saito@fgv.br
IIFGV-EAESP E-mail: rafael.schiozer@fgv.br
Texto completo disponível apenas em PDF.
Full text available only in PDF format.
- ALLAYANNIS, G., OFEK, E., Exchange rate exposure, hedging, and the use of foreign currency derivatives. Journal of International Money and Finance, v. 20, n. 2, p. 273-296, 2001.
- ALLAYANNIS, G., WESTON, J. P., The use of foreign currency derivatives and firm market value. Review of Financial Studies, v. 14, n. 1, p. 243-276, 2001.
- DIAMOND, D. W., Financial intermediation and delegated monitoring. Review of Economic Studies, v. 51, n. 3, p. 393-414, 1984.
- FROOT, K. A., SCHARFSTEIN, D. S., STEIN, J. C., Risk management, coordinating investment and financing policies. Journal of Finance, v. 48, n. 5, p. 1629-1658, 1993.
- GÈCZY, C., MINTON, B., SCHRAND, C., Why firms use currency derivatives. Journal of Finance, v. 52, n. 4, p. 1323-1354, 1997.
- GRAHAM, J. R., ROGERS, D. A. Do firms hedge in response to tax incentives? Journal of Finance, v. 57, n. 2, p. 815-839, 2002.
- GRAHAM, J. R.; SMITH, C. W. Tax incentives to hedge. Journal of Finance, v. 54, n. 6, p. 2241-2262, 1999.
- GUAY, W.; KOTHARI, S. P. How much do firms hedge with derivatives? Journal of Financial Economics, v. 70, n. 3, p. 423-461, 2003.
- JENSEN, M. C.; MECKLING, W. H. Theory of the firm, managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, v. 3, n. 4, p. 305-60, 1976.
- MYERS, S. C. Determinants of corporate borrowing. Journal of Financial Economics, v. 5, n. 1, p. 147-176, 1977.
- MYERS, S.C.; MAJLUF, N. S. Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, v. 13, n. 1, p. 187-221, 1984.
- NANCE, D. R.; SMITH, C. W.; SMITHSON, C. W. On the determinants of corporate hedging, Journal of Finance, v. 48, n. 1, p. 267-284, 1993.
- OLIVEIRA, F. N.; NOVAES FILHO, W. Demanda de Derivativos de Câmbio no Brasil: Hedge ou Especulação? In: ENCONTRO DA SOCIEDADE BRASILEIRA DE FINANÇAS, 5., 2005, Vitória. Anais.. Vitória: SBFIN, 2005.
- SCHIOZER, R. F.; SAITO, R. The determinants of corporate risk management in Latin America. Emerging Markets Finance and Trade, 2008, no prelo.
- SMITH, C. W, STULZ, R. M. The determinants of firms' hedging policies. Journal of Financial and Quantitative Analysis, v. 20, n. 4, p. 391405, 1985.
- STULZ, R. M. Optimal hedging policies. Journal of Financial and Quantitative Analysis, v. 19, n. 2, p. 127-140, 1984.
- TUFANO, P. Who manages risk? Journal of Finance, v. 51, n. 4, p. 10971137, 1996.
Datas de Publicação
-
Publicação nesta coleção
17 Nov 2010 -
Data do Fascículo
Mar 2008
