G3 - Corporate Finance and Governance

• Financial Distress and Hedging: Evidence from Canadian Oil Firms

  Staff discussion paper 2019-4 Kun Mo, Farrukh Suvankulov, Sophie Griffiths

  The paper explores the link between financial distress and the commodity price hedging behaviour of Canadian oil firms.

  Content Type(s): Staff research, Staff discussion papers JEL Code(s): G, G3, G32, Q, Q4, Q40 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Household and business credit

• Firm-level Investment Under Imperfect Capital Markets in Ukraine

  Staff working paper 2019-14 Oleksandr Shcherbakov

  This paper develops and estimates a model of firm-level fixed capital investment when firms face borrowing constraints.

  Content Type(s): Staff research, Staff working papers JEL Code(s): C, C6, C61, C63, D, D2, D24, G, G3, G31 Research Theme(s): Financial system, Household and business credit, Models and tools, Econometric, statistical and computational methods, Economic models