How Companies Can Use Hedging to Create Shareholder Value

• Published date: 01 March 2022
• Author: René M. Stulz
• Date: 01 March 2022
• DOI: http://doi.org/10.1111/jacf.12488

IN THIS ISSUE:

Honoring

René Stulz

VOLUME 34

NUMBER 1

WINTER 2022

APPLIED

CORPORATE FINANCE

Journal of

8Globalization, Corporate Finance, and the Cost of Capital

René M. Stulz, The Ohio State University

24 e Limits of Financial Globalization

René M. Stulz, The Ohio State University

32 Rethinking Risk Management

René M. Stulz, The Ohio State University

47 Risk Management Failures: What Are ey and When Do ey Happen?

René M. Stulz, The Ohio State University

58 How Companies Can Use Hedging to Create Shareholder Value

René M. Stulz, The Ohio State University

67 Real Options and Hidden Leverage

Stewart C. Myers, MIT Sloan School of Management, and

James A. Read, Jr., The Brattle Group

81 Enterprise Risk Management: eory and Practice

Brian W. Nocco, Nationwide Insurance, and René M. Stulz, The Ohio State University

95 Risk-Taking and Risk Management by Banks

René M. Stulz, The Ohio State University

106 FinTech, BigTech, and the Future of Banks

René M. Stulz, The Ohio State University

118 Merton Miller’s Contribution to Modern Finance

René M. Stulz, The Ohio State University