Corporate interest rate risk management with derivatives in Australia: empirical results

Financial and insurance theories explain that large widely-held corporations manage corporate risks if doing so is costective to reduce frictional costs such as taxes, agency costs and financial distress costs. A large number of previous empirical studies, most in the U.S., have tested the hypothese...

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Bibliographic Details
Main Authors: Luiz Augusto Ferreira Carneiro, Michael Sherris
Format: Article
Language:English
Published: Universidade de São Paulo 2008-04-01
Series:Revista Contabilidade & Finanças
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1519-70772008000100008