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Author: | McCallum, J. S. |
Title: | Derivatives: the devil incarnated or the promised land? |
Journal: | Business Quarterly
1995 : SPRING, VOL. 59:3, p. 89-91,94-95 |
Index terms: | |
Freeterms: | FINANZMANAGEMENT |
Language: | eng |
Abstract: | Derivatives are the hot, new products of the financial markets. But what are they , and why should managers be so concerned? Derivatives, which can be so profitable, can quickly drain the resources of a company if they turn sour. Managers need to understand the why and how before they permit their financial officers to become enmeshed in these turbulent financial instruments. |
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