Asymmetric information and corporate der
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Peter Dadalt; Gerald D. Gay; Jouahn Nam
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Article
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2002
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John Wiley and Sons
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English
β 159 KB
## Abstract We investigate the relationship between derivatives use and the extent of asymmetric information faced by the firm. Using alternative analyst forecast proxies for asymmetric information, we find evidence that both the use of derivatives and the extent of derivatives usage is associated