Essays about: "Jacob Zachrison"

Found 1 essay containing the words Jacob Zachrison.

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

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Emanuel Viklund; Jacob Zachrison; [2006]
    Keywords : Hedging; incentives; propositions;

    Abstract : 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. READ MORE