Why a second edition? Why take time from busy lives? Why devote the energy to improving
an existing text rather than writing an entirely new one? Why toy with success? The short …

We investigate factors that drive derivative usage in small and medium-sized enterprises
(SMEs). The influence of these factors on hedging behavior cannot a priori be assumed …

The Internet is quickly changing the way business-to-consumer and business-to-business
commerce is conducted in the world. The Electronic Revolution has also spawned a trend of …

Derivatemärkte bieten den Wirtschaftssubjekten verbesserte und erweiterte Möglichkeiten
zur Transformation von Risiken, die Separation einzelner Risikobestandteile und damit die …

There exist many methods of trading securities through automated systems. These systems
may be operated by exchanges, automated trading systems (ATS's) and elec tronic …

The aim of this paper is to focus the interest on the behavioral finance contribution that helps
understanding the financial market volatility. In order to put in evidence such an eventual …

Financial research indicates that several firm characteristics are related to the use of
derivatives. Less attention has been paid to the role of the characteristics of managers …

In vielerlei Hinsicht können Derivate einen anderen, manchmal tieferen und manchmal auch
besseren Einblick in die Vorgänge in der Wirtschaft und vor allem am Finanzmarkt eröffnen …

Futures und Optionen sind das derivative Handwerkszeug jedes Portfoliomanagers. Sie zu
verstehen erfordert keine Quantenphysik, weder hinsichtlich ihrer Funktion noch der damit …