Derivatives Use and Risk Taking: Evidence from the Hedge Fund Industry

By Yong Chen. Journal of Financial and Quantitative Analysis, 2011

128 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/d1cbc4b241c79fe542052cd194354407f76e2098

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In Accounting

1. Söhnke M. Bartram
2. Amir Habibdoust
3. Patrick M. Crowley

In Finance

1. Söhnke M. Bartram

Citations in the corpus

• Corporate hedging and speculation with derivatives (2017, methodology): “…40% of end- 1 Koski and Pontiff (1999) show that mutual funds that use derivatives have similar risk exposure and return performance to non-users, while Chen (2011) finds that hedge funds that use derivatives exhibit on average lower fund risks (e.g., market risk, downside risk, and event risk).”
• Can Hedge Funds Time Market Liquidity (2012, unknown): “It is well known that hedge funds often follow dynamic trading strategies (e.g., Fung and Hsieh, 1997, 2001; and Mitchell and Pulvino, 2001) and use derivatives (e.g., Chen, 2011).”