Why Hedge? Some Evidence From Oil And Gas Producers
Despite the prevalence of corporate risk management, there are no widely accepted explanations for why companies hedge or how shareholders benefit from hedging. This article provides some evidence on these issues by reporting the results of a study of the risk management policies of 100 oil and gas producers from 1992 to 1994. 2001 Morgan Stanley.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 13 (2001)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=1078-1196|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=1078-1196|