Hur hedgar företag i finansiellt trångmål?

We examine how firms hedge in financial distress. Using hand-collected data from oil and gas producers, we find that derivative portfolios in these firms are characterized by...本文考察了企业在财务困境中的套期保值行为。我们使用了从油气生产商处手工采集的数据，研究发现这类企业的衍生品投资组合具有如下特征……