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Author:Berkman, H.
Bradbury, M.
Magan, S.
Title:An international comparison of derivatives use
Journal:Financial Management
1997 : WINTER, VOL. 26:4, p. 69-73
Index terms:INTERNATIONAL
COMPARATIVE RESEARCH
DERIVATIVE SECURITIES
Language:eng
Abstract:In this paper, the results of a survey of derivatives use by 79 New Zealand (NZ) firms are presented and compared to the results of earlier Financial Management surveys. The main issue the authors address is whether derivatives use is a phenomenon that is primarily limited to the sophisticated and liquid financial markets of the US. The authors find that compared to US firms, NZ firms are more active derivatives users (relative to their size) and have more extensive reporting systems.
SCIMA record nr: 169618
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