Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 14 of 14 for “"hedging instruments"”.
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The potential for collaboration in hedging multiple commodity price and exchange rate risks
… circumstances such as natural catastrophe. Instruments have been developed to help firms deal with such risks, and futures contracts are one of the most commonly used hedging instruments.
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Real estate derivatives : products and prospects
… structure and trade of past real estate equity hedging instruments. The reviewed products represent a wide array of real estate derivatives, covering multiple property types, index methodologies and trading domains. Based on a series of interviews with leading product developers, market makers, …
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Comparative analysis of cash margin hedging strategies with commodity futures contracts and options
… of futures contracts and commodity options as hedging instruments were compared in a cash margin hedging framework for a 150 sow farrow to finish hog operation in southeastern Virginia. The expected cash margin (ECM) using corn soybean meal and hog futures were calculated daily from 1975 …
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Volatility swaps and their use in currency risk management
… also introduce foreign exchange risk. Classic hedging instruments used to hedge this risk have the drawback of hedging not only the risk but the foreign exchange returns as well. Volatility swaps are financial instruments that allow the user pure exposure to the volatility of an asset. While …
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A study of the currency management for foreign investments of Korean insurance companies
… in asset management. In this paper, various hedging instruments for managing currency risk were reviewed with the focus on Korean specific financial market conditions, and the researches on the optimum hedge ratio of foreign investments were also discussed. Based on the practice of leading …
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Dynamic analysis of an open economy and foreign exchange risk management using path-dependent options
… and evaluates the use of options as financial hedging instruments against foreign currency exchange risk. The study is divided into two parts: (1) a dynamic model of an open economy is developed and used to simulate the impact of foreign economic shocks on domestic economic variables; and (2) …
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Price hedging and its value to gold producing companies
… arising from gold price movements. Typical price hedging instruments include forward sales contracts, futures contracts, options, and gold loans. The question addressed in this thesis is whether price hedging adds value to companies using it. Several areas are identified where hedging might have …
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Derivatives usage in Egypt : a study of the use of derivative financial instruments by Egyptian companies listed on the Egyptian Stock Exchange
… create value. There would be no demand for hedging instruments (including derivatives) in the absence of taxes, agency costs, information asymmetry or transaction costs. Financial theory proposes two main sets of explanations for risk management: firstly, risk management is a means to …
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The bunkering industry and its effect on shipping tanker operations
… of bunkers. The options available to him/her are hedging instruments such as futures and OTC products. When used effectively along with freight futures, although not yet commonly available, shipping companies may reduce their risk exposure and enhance their profits.
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Optimized FTR portfolio construction for market participants in a multi-period horizon
Financial transmission rights (FTR) are hedging instruments that entitle their holders to receive reimbursements from the independent system operator (ISO) for the congestion rents when congestion happens in the direction specified by the FTR source and sink nodes. In this thesis, we extend the …
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Essays in international corporate finance
… international markets, liquidity management and hedging through debt in foreign currency. Chapter 1: Currency Exposure and Liquidity Management. Exchange rate movements present many risks for globalized companies, such as unexpected liquidity shortfalls that reduce their ability to undertake …
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The effectiveness of the use of funds in Capital Projects: Case study of Eskom a hedging perspective
… 000 according to their policy. The most common hedging instrument that is used is forward exchange contract (FEC) and swaps. This thesis investigates how the efficient use of funds by using right tools could reduce capital costs for Eskom capital projects. This study will explore how much Eskom …
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Essays on the empirical analysis of ship chartering strategies
… the understanding of the dynamics of physical hedging instruments and provide robust chartering strategies that can be used to increase the profitability of these operations. The chartering strategies are defined as the best mix of contracts that need to be signed in order to optimise the …
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Řízení pohledávek v obchodní korporaci
Bakalářská práce je zaměřena na problematiku zlepšení způsobu řízení pohledávek z obchodních vztahů ve vybrané obchodní korporaci. Na základě teoretických poznatků a provedené analýzy podniku a analýzy systému řízení pohledávek ve firmě jsou navržená opatření k zajištění pohledávek, která budou …