Does the hedge pay? Assessing natural hedging’s role in firm valuation under varying macroeconomic conditions
Abstract This study aims to assess the influence of natural hedging on firm value, incorporating the mediating role of financial derivatives and the moderating impact of macroeconomic variables. Employing partial least square structural equation modeling on data spanning 21,169 firm years (3050 firm...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2024-12-01
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| Series: | Future Business Journal |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s43093-024-00407-4 |
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