Hedging behavior in small and medium-sized enterprises: the role of unobserved heterogeneity
Article Abstract:
The competition among financial institutions has increased, leading to customized financial products, which fulfills user needs. Heterogeneity is not based on observable variables, such as region or company type, but is latent instead and imbedded in the influence of the determinants on the decision to participate in derivative contracts.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2004
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Consolidation and efficiency in the financial sector: a review of the international evidence
Article Abstract:
The improvement of efficiency of financial organizations over a time period due to Mergers and acquisitions in various countries is studied. The influence of M&A's that depend on the industry and country are analyzed.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2004
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Hedging volatility risk
Article Abstract:
Advantages of straddle option in hedging volatility risk are examined. These options are assessed Using compound options and stochastic volatility.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2006
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