FINANCIAL GOVERNANCE STRUCTURES AND PRACTICES IN CANADIAN GOVERNMENTS
Raili M. Pollanen Carleton University ABSTRACT This study reviews and models major financial governance structures and practices in Canadian governments. Political, legal, and institutional structures complicate effective financial governance in Canadian governments. These factors may have delayed the adoption and implementation of some key financial governance practices such as accrual-based financial reporting in Canadian governments. […]
AN INVESTIGATION INTO THE EFFECT ON MARKET RISK OF INVESTMENT IN NON-HEDGE DERIVATIVES BY LARGE MANUFATURING COMPANIES IN IN THE UNITED STATES – COUNTER EMPIRICAL STUDY
Gary G. Johnson Jing Xie Southeast Missouri State University ABSTRACT This study examines the relationship between investment in non-hedge derivatives and stock betas of large U.S. manufacturing companies. Tests conducted show no significant relationship, suggesting that companies in this industry are not penalized by the markets for holding these instruments. Although no significance was found, […]
