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Author:Grant, K.
Marshall, A.
Title:Large UK companies and derivatives
Journal:European Financial Management
1997 : JUL, VOL. 3:2, p. 191-208
Index terms:UNITED KINGDOM
COMPANIES
MANAGEMENT
Language:eng
Abstract:Derivative securities have transformed the way treasurers view financial price risk and have been used to hedge risks that were previously left open. In this paper, the authors present the results of surveys of treasurers of large UK companies to questions about their derivative use. They examine the extent of derivative use, the reasons for their use, the perceived risks associated with derivatives, and, finally, reporting practices which govern the disclosure of derivative practices.
SCIMA record nr: 171016
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