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Showing result 1 - 5 of 60 essays matching the above criteria.

1. 1. Foreign Exchange Rate Derivatives and Firm Value

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Love Kalms; Maja Sterner; Lisa Sterner; [2023]
   Keywords : derivative; hedging; exchange rate exposure; firm value; Tobin’s Q; Business and Economics;

   Abstract : Using Tobin’s Q as an approximation of firm value, this paper aims to examine the effect of foreign exchange rate derivatives on firm value. Risk management is viewed by many as one of the most vital aspects of corporate- and business strategy. READ MORE

3. 2. Does hedging with derivatives create firm value?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Albin Nilsson; August Beckman; [2023]
   Keywords : Corporate Risk Management; Hedging; Cash Holdings; Derivatives; Firm Value; Business and Economics;

   Abstract : This paper studies the impact derivative hedging has on firm value and whether the relationship is affected by differences in cash holdings. We use hand-collected data for 171 Swedish firms from various industries during the period 2016-2021 to examine the relationship. READ MORE

4. 3. Option Expiration Day Impact on Underlying Stock Return- A Study on the Swedish Option Market

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Alisa Penkina; Alan Karaduman Sorsenger; Sirwan Kakai; [2023]
   Keywords : Option Market; Open Interest; Stock Return; Delta Hedging; Option Expiration Day; Business and Economics;

   Abstract : Research questions: Is there significant change in the stock return on option expiration dates in the underlying stock? Does the net open interest have an effect on the return of the underlying stock on option expiration day? Purpose: The purpose of the bachelor's thesis is to study whether there is a significant difference in the stock returns on option expiration dates in relation to the net open interest of the underlying stocks within the OMXS30 index. Methodology: A quantitative study using a deductive approach to statistically describe the relationship between the daily stock return with open interest and traded volume. READ MORE

5. 4. Powering up profits - Integrating Power Purchase Agreements and Battery Systems for Nordic Power Futures

   University essay from Lunds universitet/Institutionen för energivetenskaper

   Author : William Thorwaldson; Ellen Jinglöv; [2023]
   Keywords : Power Purchase Agreements; Financial Power Trading; Battery Energy Storage Systems; Power Futures; Technology and Engineering;

   Abstract : This master’s thesis aims to assess the profitability and the factors impacting the profitability of entering a short position in financial derivative contracts on the Nordic power market while procuring electricity through a pay-as-produced power purchase contract and on the day-ahead (DA) market, simultaneously the strategy utilizes a battery storage system to mitigate the effects of price spikes. The research adopted a mixed-method approach by combining quantitative analysis with qualitative findings. READ MORE

6. 5. Making Success a Self-Plying Piano : A Study on How Management Can Influence Risk-Culture

   University essay from Umeå universitet/Företagsekonomi

   Author : Emma Sjöholm; Oliver Uusitalo; [2022]
   Keywords : Management; Managerial Tools; Organizational Culture; Organizational Risk Culture; Communication; Incentives; Structure;

   Abstract : A common misconception is that the safest strategy when dealing with risk is to avoid it altogether, resulting in mainly risk hedging strategies aligned with a downside biased view of risk, only focusing on outcomes with a negative effect causing missed opportunities (Damodaran, 2007). Furthermore, another common misconception is the effort to quantify risk, to measure and prioritize it. READ MORE