Who Manages Risk? An Empirical Examination of Risk Management Practices in the Gold Mining Industry
This article examines a new database that details corporate risk management activity in the North American gold mining industry. I find little empirical support for the predictive power of theories that view risk management as a means to maximize shareholder value. However, firms whose managers hold...
1. Verfasser: | Tufano, P |
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Format: | Journal article |
Veröffentlicht: |
1996
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