Table of contents - Special Issue: Managing risks with derivatives
Guest Editors: Karyl B. Leggio
Using weather derivatives to hedge precipitation exposure
Karyl B. LeggioThe purpose of this study is to demonstrate the use of weather derivatives to hedge firm exposure to previously unmanageable risk events caused by natural phenomenon such as…
2392
Designing natural gas utility hedge programs with call options
John Cita, Soojong Kwak, Donald LienTo evaluate various hedge programs designed to minimize the risk of an extreme monthly gas bill subject to a pre‐determined hedge program budget.Design/methodology/approach …
569
Eliminating the incentive to “let it ride”: A suggested approach for compensating energy risk managers
Anand Balakrishnan, John M. Clark, Sean P. SalterMany energy firms currently compensate their risk managers with bonuses based on their ability to outperform a budget benchmark. This creates the incentive for a manager to “let…
981
Executive stock options and dynamic risk‐taking incentives
Gerald T. Garvey, Amin MawaniThe purpose of this study is to present theory and empirical evidence on whether changes in leverage are systematically associated with changes in the CEO's risk incentives over…
1982
215
ISSN:
0307-4358e-ISSN:
1758-7743ISSN-L:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson