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| Tekijä: | Prevost, A.K. Rose, L.C. Miller, G. |
| Otsikko: | Derivatives usage and financial risk management in large and small economies: A comparative analysis |
| Lehti: | Journal of Business Finance and Accounting
2000 : JUN/JUL, VOL. 27:5&6, p. 733-759 |
| Asiasana: | Financial risk Risk management Comparative research New Zealand Graphs |
| Vapaa asiasana: | Derivatives Small economies Large economies |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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