Determinants of Hedging Maturity: An Empirical Study in American Oil and Gas Companies
This study analyzes hedging maturity structure and examines the relation between the maturity structure of corporate hedging and debt characteristics. The purpose of the study is to provide new insights in what determines the hedging maturity and discover new aspects of companies hedging positions, which still is an unexplored area of modern risk management theory. The objective of the paper is to
