Risk Management and Firm Value: Evidence from Weather Derivatives

By Francisco Pérez-González, Hayong Yun. 2010

181 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/e4f6543586c1211cb77a81bf6a1efe0e21c1a2e8

How researchers see this paper

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In Accounting

1. Y. Tse
2. Timothy A. Krause
3. Nina Lange

In Economics and Econometrics

1. Y. Tse
2. Timothy A. Krause
3. Nina Lange
4. Timo Teräsvirta
5. Annastiina Silvennoinen
6. Christian Gouriéroux
7. Christian M. Hafner
8. Sébastien-Yves Laurent

Citations in the corpus

• Correlation in Energy Markets (2017, background): “Davis (2010) and Pérez-González and Yun (2013) refer to surveys conducted by the Weather Risk Management Association (WRMA) and reports from the CME about market sizes and expected development:1 the market for standardized weather derivatives peaked in 2007 with a total volume of trades close to…”
• Corporate social responsibility and CEO confidence (2017, unknown): “For example, Allayannis and Weston (2001), Carter et al. (2006), Adam and Fernando (2006), Bartram et al. (2011), Campello et al. (2011) and Perez-Gonzalez and Yun (2013) all report that hedging increases firm value.”
• Risk management and firm value: recent theory and evidence (2016, background): “In perhaps what is the most “clean” study relative to issues of endogeneity, Pérez-González and Yun (2013) confirm the value of RM in terms of firm value, the underinvestment problem and the value of quantity risk.”