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Risk Management with Supply Contracts

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NBER2017-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23331
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资源简介:
Purchase obligations are forward contracts with suppliers and are used more broadly than traded commodity derivatives. This paper is the first to document that these contracts are a risk management tool and have a material impact on corporate hedging activity. Firms that expand their risk management
创建时间:
2017-04-01
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