haku: @author Hayt, G. S. / yhteensä: 2
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Tekijä:Bodnar, G. M.
Hayt, G. S.
Marston, R. C.
Otsikko:1995 Wharton survey of derivatives usage by US non-financial firms
Lehti:Financial Management
1996 : WINTER, VOL. 25:4, p. 113-133
Asiasana:USA
STOCK MARKETS
COMPANIES
FINANCIAL MARKETS
SURVEYS
Kieli:eng
Tiivistelmä:For a second year, the Wharton School has conducted a survey of derivatives usage by US non-financial firms. This survey is more detailed in its questioning and focuses more on valuation and risk measurement issues. It also inquires as to the reason for non-use among the majority of firms that do not use derivatives. In the appendix, a tabulation of the responses to all the questions are included. Derivatives usage among non-financial firms appears to be a fact of modern financial life. The evidence suggests that the percentage of firms using derivatives has not dropped off from 1994 levels. Currently less than half of all non-financial firms use derivatives, although usage is tilted heavily towards larger firms in the commodity and manufacturing sectors.
SCIMA tietueen numero: 159330
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