The impact of institutional investors and increasingly sophisticated financial instruments on risk and leverage
AbstractThe volatility of capital markets is often blamed on the activities of institutional investors, or an excessive amount of financial instruments. It must be remembered that there are different institutional investors. Some of them play a very useful role without having a negative impact on the stability of the capital market. The same is true various instruments, many of them play a useful role. Many companies have long used derivatives to hedge against business risks, using them to manage fluctuations in exchange rates, interest rates, commodity prices, etc.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 23897.
Date of creation: 20 Jun 2010
Date of revision:
investment banks; institutional investors; financial instruments; risk; leverage; financial crises;
Find related papers by JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
- G20 - Financial Economics - - Financial Institutions and Services - - - General
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