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Risk Management in Gold Mining Industry PDF

65 Pages·2009·English
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by ['api-19760325']| 2009| 65 pages| English

About Risk Management in Gold Mining Industry

This document is a dissertation written by Mbaakoh Longinu of Coventry University that examines determinants of corporate risk management in the gold mining industry. It analyzes four gold mining companies over time using regression analysis to test relationships between hedging activities and factors like financial distress, investment opportunities, firm size, and taxation. The results found support for a relationship between higher leverage and more hedging, consistent with financial distress theory, but an inverse relationship between cash costs and hedging. Larger firms were also found to hedge more than smaller firms. Limitations include the small sample size limiting generalization and uncertainty about the best model for analysis. The dissertation aims to highlight key determinants of risk management in this industry

Detailed Information

Author:['api-19760325']
Publication Year:2009
Pages:65
Language:English
Format:PDF
Price:FREE
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