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Corporate use of derivatives and excess value of diversification

  • Lin, J. Barry
  • Pantzalis, Christos
  • Park, Jung Chul
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    File URL: http://www.sciencedirect.com/science/article/B6VCY-4M3J0SV-2/2/dee6af6d2bfb4b6daa91e00507babcfe
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    Article provided by Elsevier in its journal Journal of Banking & Finance.

    Volume (Year): 31 (2007)
    Issue (Month): 3 (March)
    Pages: 889-913

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    Handle: RePEc:eee:jbfina:v:31:y:2007:i:3:p:889-913
    Contact details of provider: Web page: http://www.elsevier.com/locate/jbf

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    18. Allayannis, George & Weston, James P, 2001. "The Use of Foreign Currency Derivatives and Firm Market Value," Review of Financial Studies, Society for Financial Studies, vol. 14(1), pages 243-76.
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    22. Frankel, Richard & Lee, Charles M. C., 1998. "Accounting valuation, market expectation, and cross-sectional stock returns," Journal of Accounting and Economics, Elsevier, vol. 25(3), pages 283-319, June.
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    24. Toni M. Whited, 2001. "Is It Inefficient Investment that Causes the Diversification Discount?," Journal of Finance, American Finance Association, vol. 56(5), pages 1667-1691, October.
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