HEDGING IN THE THEORY OF CORPORATE FINANCE: A REPLY TO OUR CRITICS

Abstract

Journal of Applied Corporate FinanceVolume 8, Issue 1 p. 121-128 HEDGING IN THE THEORY OF CORPORATE FINANCE: A REPLY TO OUR CRITICS Christopher L. Culp, Christopher L. Culp is a financial risk management consultant in Chicago and a doctoral candidate in finance at The University of Chicago's Graduate School of Business. The authors acknowledge with thanks helpful discussions with Todd Petzel and José Scheinkman.Search for more papers by this authorMerton H. Miller, Merton H. Miller is the Robert R. McCormick Distinguished Service Professor Emeritus at the University of Chicago's Graduate School of Business. The authors acknowledge with thanks helpful discussions with Todd Petzel and José Scheinkman.Search for more papers by this author Christopher L. Culp, Christopher L. Culp is a financial risk management consultant in Chicago and a doctoral candidate in finance at The University of Chicago's Graduate School of Business. The authors acknowledge with thanks helpful discussions with Todd Petzel and José Scheinkman.Search for more papers by this authorMerton H. Miller, Merton H. Miller is the Robert R. McCormick Distinguished Service Professor Emeritus at the University of Chicago's Graduate School of Business. The authors acknowledge with thanks helpful discussions with Todd Petzel and José Scheinkman.Search for more papers by this author First published: Spring 1995 https://doi.org/10.1111/j.1745-6622.1995.tb00280.xCitations: 28 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume8, Issue1Spring 1995Pages 121-128 RelatedInformation