Interest Rate Risk Management

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

305864.pdf (525.57 KB, 需要: 3 个论坛币)

2009-3-19 20:41:00 上传

Interest Rate Risk Management
需要: 3 个论坛币  [购买]

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏1 回帖

关键词：Management Managemen interest Manage inter Management Risk Rate interest

给个目录或者详细信息,否则不知道你发的什么东西~

CUZ ME

Contents
Acknowledgements v
Executive Summary vi
1 Interest Rate Risk Management 1
1.1 Introduction 3
1.2 Risk 3
1.3 Interest rate risk 4
1.4 Interest rate risk management and derivatives usage 6
1.5 Summary 7
2 Literature Review 9
2.1 Introduction 11
2.2 Risk and uncertainty 12
2.3 Defining arbitrage, hedging and speculation 13
2.4 The rationale for corporate risk management
and hedging 15
2.5 Interest rate and foreign exchange risk management 17
2.6 Interest rate risk 18
2.7 Derivatives usage: Evidence from prior empirical
research 21
2.8 Interest rate risk management 25
2.9 Corporate governance and the disclosure of risk 27
2.10 Accounting for financial instruments 30
2.11 Hedge accounting 34
2.12 FRED 23 and FRED 30 35
2.13 Summary 36
3 Research Method 39
3.1 Introduction 41
3.2 Interviews 41
3.3 Questionnaires 42
3.4 Analysis of the questionnaire responses 45
3.5 Summary 45
4 Interview Findings 47
4.1 Introduction 49
4.2 The importance of interest rate risk 49
4.3 Factors affecting interest rate risk 50
4.4 Forecasting and the use of specialists 55

4.5 The use of derivatives for interest rate risk management 59
4.6 Corporate governance: Monitoring, reporting
and control 63
4.7 The impact of accounting standards on
interest rate risk management 67
4.8 Summary 69
5 Questionnaire Survey 73
5.1 Introduction 75
5.2 Background information 75
5.3 Interest rate risk policy 76
5.4 The debt and funding structure 76
5.5 Forecasting 78
5.6 Factors affecting interest rate risk management 79
5.7 The importance of interest rate risk versus
exchange rate risk 86
5.8 Interest rate risk management and the use
of derivatives 90
5.9 Corporate governance: Monitoring, reporting
and control 93
5.10 Accounting standards 94
5.11 Regression analysis 96
5.12 Cluster analysis and size 97
5.13 Summary 101
6 Summary and Conclusions 103
6.1 Introduction 105
6.2 The importance of interest rate risk 105
6.3 The active management of interest rate risk
and the establishment of policy 105
6.4 The importance of interest rate risk to companies
with different equity, funding and gearing structures 105
6.5 Factors affecting interest rate risk 106
6.6 Interest rate risk versus exchange rate risk 106
6.7 Forecasting 107
6.8 The use of derivatives and the use of interest rate swaps 107
6.9 Corporate governance: Monitoring, reporting and control 107
6.10 International accounting standards 108
6.11 Policy implications 108
References 111
Index 121