search query: @journal_id 80 / total: 385
reference: 10 / 385
| Author: | Walsh, D. |
| Title: | Risk management using derivative securities |
| Journal: | Managerial Finance
1995 : VOL. 21:1, p. 43-65 |
| Index terms: | RISK MANAGEMENT SECURITIES |
| Language: | eng |
| Abstract: | The greatest revolution in financial management over the last 20 years must be growth in the use of derivative securities. This area can also be considered to be part of the much larger concept of financial engineering. Limited in their use for many years, innovative financial institutions have now introduced derivatives of every colour and flavour. Principal driving forces in the growth have been: management of risk; closing of market gaps by arbitrage; and growth in speculative behaviour. |
SCIMA