Does the type of derivative instrument used by companies impact firm value?

Nguyen, Hoa and Faff, Robert 2010, Does the type of derivative instrument used by companies impact firm value?, Applied economics letters, vol. 17, no. 7, pp. 681-683.

Attached Files
Name Description MIMEType Size Downloads

Title Does the type of derivative instrument used by companies impact firm value?
Author(s) Nguyen, Hoa
Faff, Robert
Journal name Applied economics letters
Volume number 17
Issue number 7
Start page 681
End page 683
Publisher Routledge
Place of publication London, England
Publication date 2010-05
ISSN 1350-4851
1466-4291
0003-6846
0960-3107
Keyword(s) economics
macroeconomics
Summary We explore the relationship between the type of derivative instrument used and firm value, in a sample of Australian firms. Specifically, we examine the impact of the corporate use of swaps, futures, forwards and options, and the extent of such usage, on firm value. Our findings suggest that a 'discount' is most severely imposed on users of swaps.
Notes This article has now been published in Applied Economic Letter, volume 17 issue 7, May 2010 pages 681-683.
Language eng
Field of Research 150201 Finance
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2008
Copyright notice ©2008, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30017788

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Google Scholar Search Google Scholar
Access Statistics: 408 Abstract Views, 2 File Downloads  -  Detailed Statistics
Created: Fri, 14 Aug 2009, 13:57:11 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.