The Effects of Hedging on Firm Value and Analyst Forecast Accuracy: Evidence from the Global Airline Industry
博士 === 國立政治大學 === 財務管理研究所 === 97 === In the first essay, we examine whether jet fuel hedging increases the market value of airline companies around the world. Using a sample of 70 airline companies from 32 countries over the period 1995 to 2005, we find that jet fuel hedging is not significantly po...
| Main Authors: | , |
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| Format: | Others |
| Language: | en_US |
| Online Access: | http://ndltd.ncl.edu.tw/handle/3prq7e |