000			03301nam a2200469Ii 4500
001			9781789732474
003			UtOrBLW
005			20240220124026.0
006			m o d
007			cr un|||||||||
008			200320s2020 enk ob 001 0 eng d
020			_a9781789732474
020			_a9781789732450 _qelectronic bk.
040			_aUtOrBLW _beng _erda _cUtOrBLW
050		4	_aHG6024.A3 _bG75 2020
072		7	_aBUS036080 _2bisacsh
072		7	_aKFFM _2bicssc
080			_a658.1
082	0	4	_a332.645 _223
100	1		_aGrima, Simon, _eauthor.
245	1	0	_aFinancial derivatives : _ba blessing or a curse? / _cauthored by Simon Grima (University of Malta, Malta), Eleftherios I. Thalassinos (University of Piraeus, Greece) ; edited by Rebecca Dalli Gonzi, Ioannis E. Thalassinos (Gulf University for Science and Technology, Kuwait).
264		1	_aBingley, U.K. : _bEmerald Publishing Limited, _c2020.
264		4	_c©2020
300			_a1 online resource (248 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aIncludes index.
504			_aIncludes bibliographical references.
505	0		_a1. The perception on financial derivatives : the underlying problems nd doubts -- 2. Financial derivatives use : a literature review -- 3. A thematic analysis and a revisit to literature on cases of improper use of derivatives -- 4. The financial derivatives myths and doubts : a conclusion.
520			_aFinancial Derivatives have long been the subject of conflicting views. For some, they are a useful instrument, too often maligned by those who do not understand them; for others, they are a complete waste of time and money. But which is it? Should we embrace financial derivatives, or fear them? In Financial Derivatives: A Blessing or a Curse? Simon Grima and Eleftherios I. Thalassinos rigorously explore the theory and debates surrounding this controversial topic. First exploring the perceived problems and the uses of derivatives, they study and evaluate the people who use financial derivatives; the impacts of derivatives use; and examples of safe use of derivatives. Looking at real-world examples, Grima and Thalassinos include public case studies on financial firms such as Barings Bank PLC, Allied Irish Bank, and Société Générale, as well as non-financial firms including Metallgesellschaft AG and Enron. Through these case studies, the roots of firm failure and large losses become clear, asking whether it is the misuse of this financial instrument, rather than the derivatives instrument itself, that is the cause. For students and researchers in finance, or practitioners involved in trading, regulating, or auditing, this is a fundamental text exploring a controversial and relevant concept.
588	0		_aPrint version record.
650		0	_aDerivative securities.
650		0	_aHedging (Finance)
650		7	_aBusiness & Economics, Investments & Securities, Derivatives. _2bisacsh
650		7	_aInvestment & securities. _2bicssc
700	1		_aThalassinos, Eleftherios I., _eauthor.
700	1		_aDalli Gonzi, Rebecca, _eeditor.
700	1		_aThalassinos, Ioannis E., _eeditor.
776			_z9781789732467
856	4	0	_uhttps://doi.org/10.1108/9781789732450
999			_c8728 _d8728