Sökning: "Jacob Zachrison"

Hittade 1 uppsats innehållade orden Jacob Zachrison.

  1. 1. Why do risk neutral firms hedge?: A review of the literature

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Emanuel Viklund; Jacob Zachrison; [2006]
    Nyckelord :Hedging; incentives; propositions;

    Sammanfattning : According to classical finance theory, a risk neutral firm has no incentives to hedge. We will investigate why firms hedge by starting from the assumptions underlying the Modigliani-Miller propositions. One at a time, we will relax the assumptions and investigate the effect on hedging incentives. LÄS MER