Comparative study on financial derivatives employed in the large international petroleum corporations risk management

摘要：

Most international petroleum corporations have established fine risk management system. They make risk management with financial derivatives, but there is great difference in the scale among them. Also, as a whole, most of them have conservative attitudes and use derivatives for hedging. Only a few firms speculate, such as BP. For the petroleum corporations that have not managed risk with financial derivatives, it is helpful to promote the ability of risk management if they employ some financial derivatives reasonably. But they have to control the conditions and scales to avoid extra risks.

关键词： financial Derivatives risk Management Petroleum Corporation

作者: Hai-tao GUO

作者单位: School of Business Administration,China University of Petroleum-Beijing,Beijing,China

会议类型: 国际会议

会议名称: 2008 International Conference on Risk and Relianility Management(2008风险与可靠性管理国际会议)

会议地点: 北京

会议语种:英文

页码: 117-120

在线出版日期: 2008-11-10（万方平台首次上网日期，不代表论文的发表时间）