Financial derivatives, opacity, and crash risk: Evidence from large US banks
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DOI: 10.1016/j.jfs.2012.11.001
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More about this item
Keywords
Opacity; Hedging; Market synchronicity; Crash risk; Corporate governance;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other
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