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Author:Prevost, A.K.
Rose, L.C.
Miller, G.
Title:Derivatives usage and financial risk management in large and small economies: A comparative analysis
Journal:Journal of Business Finance and Accounting
2000 : JUN/JUL, VOL. 27:5&6, p. 733-759
Index terms:Financial risk
Risk management
Comparative research
New Zealand
Graphs
Freeterms:Derivatives
Small economies
Large economies
Language:eng
Abstract:The objective of this article is to survey the use of off-balance sheet risk management instruments in New Zealand. We wish to determine if derivatives usage in a small economy such as new Zealand's is as widespread as in larger, more developed markets. The comparison is of interest as New Zealand is a relatively small deregulated economy with few barriers to trade and a high reliance on export revenues. Our approach is to survey a wide cross-section of both listed and non-listed firms.
SCIMA record nr: 215808
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