Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/15126
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dc.contributor.authorHeng, Xi Lei.-
dc.contributor.authorKoh, Peck Fong.-
dc.contributor.authorKristanto Agung Pribadi Anggadijaya.-
dc.date.accessioned2009-03-31T04:48:17Z-
dc.date.available2009-03-31T04:48:17Z-
dc.date.copyright2009en_US
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10356/15126-
dc.description.abstractCorporate hedging has been widely discussed as a means for companies to manage risks. This paper will examine the rationales of hedging and analyze firms’ characteristics that might have the potential to affect hedging decisions, and finally evaluate the results based on empirical evidence. This is to provide a further insight into the factors influencing hedging decisions among non-financial firms in Singapore. Systematic sampling was performed on the sampling frame to get a final sample of 60 firms. Data from their annual reports are then collected and numerical measures of central tendency and descriptive statistics were performed to analyze the data. Findings indicated that firms with lower revenues have lower tendency to hedge. Binary logistics regression and multiple linear regressions were also performed to examine the characteristics that indicate Singaporean firms’ tendency to hedge. The findings indicated that an increase in asset would increase firm’s likeliness to engage in interest hedging activity. It was also found that a company’s tendency to hedge currency risks is dependent on whether there are export activities but not on the amount of revenue derived from these activities. Findings from the multiple linear regression supported the results from the binary logistic regression. To examine the industry impact, the collected data was also tested with multiple linear regression for each industry. The findings again supported the binary and multiple regression.en_US
dc.format.extent76 p.en_US
dc.language.isoenen_US
dc.rightsNanyang Technological University-
dc.subjectDRNTU::Business::Finance::Futuresen_US
dc.titleCorporate hedging in Singapore : an insight into hedging activities of non-financial firms.en_US
dc.typeFinal Year Project (FYP)en_US
dc.contributor.supervisorLiu Wei-Linen_US
dc.contributor.schoolCollege of Business (Nanyang Business School)en_US
dc.description.degreeBUSINESSen_US
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item.grantfulltextrestricted-
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)
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