﻿www.icmai.in:@0.075898:0.974748:0.201486:0.974748:0.201486:0.957721:0.075898:0.957721:0.015775:0.015775:0.015775:0.005780:0.006278:0.009118:0.016807:0.011271:0.006278:0.005780:0.006278:0.010674
May 2017:@0.510339:0.977730:0.595693:0.977730:0.595693:0.962447:0.510339:0.962447:0.015974:0.009606:0.010131:0.004740:0.011452:0.011452:0.011452:0.010547
69:@0.898987:0.980093:0.921782:0.980093:0.921782:0.958399:0.898987:0.958399:0.011940:0.010855
l  :@0.603419:0.976512:0.626517:0.976512:0.626517:0.965819:0.603419:0.965819:0.015197:0.004284:0.003618
The Management Accountant:@0.627196:0.977731:0.876926:0.977731:0.876926:0.962449:0.627196:0.962449:0.011452:0.011452:0.009009:0.004686:0.015974:0.010131:0.011452:0.009968:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004686:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:0.005843
This implies that Indian companies are more interested in customised derivative contracts (OTC) in comparison to :@0.091026:0.131127:0.925698:0.131127:0.925698:0.115844:0.091026:0.115844:0.010439:0.010421:0.004595:0.006857:0.003130:0.004595:0.014943:0.009118:0.004595:0.004577:0.007996:0.006857:0.003130:0.005735:0.010421:0.008955:0.005735:0.003130:0.005735:0.010421:0.009118:0.004595:0.009100:0.010439:0.003130:0.007996:0.009118:0.014943:0.009118:0.009118:0.010421:0.004595:0.007996:0.006838:0.003130:0.009100:0.006857:0.007996:0.003130:0.014961:0.009100:0.006857:0.007996:0.003130:0.004595:0.010421:0.005735:0.007996:0.006838:0.007996:0.006857:0.005735:0.007978:0.009118:0.003130:0.004595:0.010421:0.003130:0.007996:0.010421:0.006857:0.005717:0.009118:0.014961:0.004577:0.006857:0.007996:0.009100:0.003130:0.009100:0.007996:0.006857:0.004251:0.008756:0.008955:0.005735:0.004233:0.008412:0.007996:0.003130:0.007996:0.009118:0.010421:0.005735:0.006694:0.009100:0.007996:0.005735:0.006838:0.003130:0.005717:0.011759:0.010095:0.010421:0.005735:0.003130:0.004577:0.010439:0.003130:0.007996:0.009100:0.014961:0.009118:0.009100:0.006857:0.004595:0.006838:0.009118:0.010439:0.003130:0.005735:0.009226:0.003835
readymade derivative contracts. This is because forward contracts are cheap and can be appropriately customised :@0.075648:0.147102:0.925680:0.147102:0.925680:0.131819:0.075648:0.131819:0.006965:0.008105:0.009226:0.009064:0.009226:0.015070:0.009226:0.009226:0.008105:0.003546:0.009226:0.008105:0.006965:0.004360:0.008883:0.009064:0.005843:0.004360:0.008521:0.008105:0.003546:0.008105:0.009226:0.010547:0.005843:0.006802:0.009226:0.008105:0.005843:0.006965:0.004704:0.002822:0.010547:0.010547:0.004704:0.006965:0.003546:0.004704:0.006965:0.003546:0.009226:0.008105:0.008105:0.009226:0.010547:0.006965:0.008105:0.003546:0.004704:0.009226:0.006965:0.013243:0.009226:0.006965:0.009226:0.003546:0.008105:0.009226:0.010547:0.005843:0.006802:0.009226:0.008105:0.005843:0.006965:0.003546:0.009226:0.006965:0.008105:0.003546:0.008105:0.010547:0.008105:0.009064:0.009226:0.003546:0.009226:0.010547:0.009226:0.003546:0.008105:0.009226:0.010547:0.003546:0.009226:0.008105:0.003546:0.009064:0.009226:0.009226:0.006965:0.009226:0.009226:0.006965:0.004704:0.009064:0.005843:0.008105:0.004179:0.009226:0.003546:0.008105:0.010547:0.006965:0.005843:0.009226:0.015070:0.004704:0.006965:0.008105:0.009226:0.003835
as per the needs vis-à-vis the exchange traded derivatives, though there is a default risk in OTC contracts but it :@0.075648:0.163076:0.925264:0.163076:0.925264:0.147794:0.075648:0.147794:0.009281:0.007019:0.004649:0.009281:0.008159:0.007019:0.004649:0.005898:0.010601:0.008159:0.004668:0.010601:0.008159:0.008159:0.009281:0.007019:0.004649:0.009281:0.004758:0.007019:0.005898:0.009281:0.005898:0.009281:0.004758:0.007019:0.004649:0.005898:0.010601:0.008159:0.004668:0.007815:0.008991:0.008159:0.010601:0.009281:0.010601:0.008937:0.008159:0.004649:0.005898:0.006857:0.009281:0.009281:0.008159:0.009281:0.004649:0.009281:0.008159:0.007019:0.004414:0.008937:0.009118:0.005898:0.004414:0.008575:0.008159:0.007019:0.004758:0.004649:0.005898:0.010601:0.009281:0.010601:0.009281:0.010601:0.004649:0.005898:0.010601:0.008159:0.007019:0.008159:0.004649:0.004758:0.007019:0.004649:0.009281:0.004649:0.009281:0.008159:0.004939:0.009281:0.010601:0.004758:0.005898:0.004668:0.007019:0.004758:0.007019:0.009281:0.004649:0.004758:0.010601:0.004649:0.011922:0.010258:0.010601:0.004649:0.008159:0.009281:0.010601:0.005898:0.006857:0.009281:0.008159:0.005898:0.007019:0.004668:0.009281:0.010601:0.005898:0.004649:0.004758:0.005843:0.003835
is not so detrimental to the interest of the parties because of robust Indian regulatory framework and sufficient :@0.075648:0.179051:0.926132:0.179051:0.926132:0.163769:0.075648:0.163769:0.004722:0.006983:0.004613:0.010565:0.009245:0.005862:0.004613:0.006983:0.009245:0.004613:0.009245:0.008123:0.005862:0.006983:0.004722:0.015088:0.008123:0.010565:0.005862:0.009245:0.004722:0.004613:0.005862:0.009245:0.004613:0.005862:0.010565:0.008123:0.004613:0.004722:0.010565:0.005862:0.008123:0.006983:0.008123:0.006983:0.005862:0.004613:0.009245:0.007037:0.004613:0.005862:0.010565:0.008123:0.004613:0.009245:0.009245:0.007508:0.005862:0.004722:0.008123:0.006983:0.004613:0.009245:0.008123:0.008123:0.009245:0.010565:0.006983:0.008123:0.004613:0.009245:0.007037:0.004613:0.006983:0.009245:0.009245:0.010565:0.006983:0.005862:0.004613:0.005862:0.010565:0.009245:0.004722:0.009245:0.010565:0.004613:0.006983:0.008123:0.009245:0.010565:0.004722:0.009082:0.005862:0.009245:0.007345:0.009245:0.004613:0.004722:0.006820:0.009245:0.015088:0.008123:0.013080:0.009245:0.006983:0.009245:0.004613:0.009245:0.010565:0.009245:0.004613:0.006983:0.010565:0.004722:0.004613:0.004631:0.008123:0.004722:0.008123:0.010565:0.005843:0.003835
understanding between the parties to honour the contract.:@0.075648:0.195026:0.518610:0.195026:0.518610:0.179743:0.075648:0.179743:0.010547:0.010547:0.009226:0.008105:0.007327:0.006965:0.005843:0.009226:0.010547:0.009226:0.004704:0.010547:0.009226:0.003835:0.009226:0.008105:0.005843:0.013062:0.008105:0.008105:0.010547:0.003835:0.005843:0.010547:0.008105:0.003835:0.009226:0.009226:0.007490:0.005843:0.004704:0.008105:0.006965:0.003835:0.005843:0.009226:0.003835:0.010547:0.009226:0.010547:0.009226:0.010547:0.006965:0.003835:0.005843:0.010547:0.008105:0.003835:0.008105:0.009226:0.010547:0.005843:0.006802:0.009226:0.008105:0.005843:0.004704
What are the issues or concerns about which companies are apprehensive of using financial derivatives?:@0.075648:0.215274:0.819702:0.215274:0.819702:0.198847:0.075648:0.198847:0.015341:0.009263:0.008629:0.005898:0.004215:0.008629:0.005681:0.008195:0.004215:0.005898:0.009263:0.008195:0.004215:0.004016:0.007381:0.007381:0.009263:0.008195:0.007381:0.004215:0.009064:0.005952:0.004215:0.007653:0.009064:0.009263:0.007653:0.008195:0.005952:0.009263:0.007381:0.004215:0.008629:0.009335:0.009064:0.009263:0.005898:0.004215:0.011886:0.009263:0.004016:0.007653:0.009263:0.004215:0.007653:0.009064:0.013116:0.009335:0.008629:0.009263:0.004016:0.008195:0.007381:0.004215:0.008629:0.005663:0.008195:0.004215:0.008629:0.009335:0.009335:0.005681:0.008195:0.009263:0.008195:0.009263:0.007381:0.004016:0.007689:0.008195:0.004215:0.009064:0.005663:0.004215:0.009263:0.007381:0.004016:0.009263:0.008159:0.004215:0.004749:0.004749:0.009263:0.008629:0.009263:0.007653:0.004016:0.008629:0.004034:0.004215:0.009335:0.008195:0.005952:0.004016:0.007870:0.008629:0.005898:0.004016:0.007689:0.008195:0.007381:0.007435
With this question, we want to ask about the companies’ perception about the demotivational factors for using :@0.091026:0.242951:0.925589:0.242951:0.925589:0.227668:0.091026:0.227668:0.017006:0.004704:0.005843:0.010547:0.003980:0.005843:0.010547:0.004704:0.006965:0.003980:0.009226:0.010547:0.008105:0.006965:0.005843:0.004704:0.009226:0.010547:0.004704:0.003980:0.013062:0.008105:0.003980:0.013243:0.009226:0.010547:0.005843:0.003980:0.005843:0.009226:0.003980:0.009226:0.006965:0.009226:0.003980:0.008702:0.009226:0.009226:0.010547:0.005843:0.003980:0.005843:0.010547:0.008105:0.003980:0.008105:0.009226:0.015070:0.009226:0.009226:0.010547:0.004704:0.008105:0.006965:0.004704:0.003980:0.009226:0.008105:0.006965:0.008105:0.008105:0.009226:0.005843:0.004704:0.009226:0.010547:0.003980:0.008702:0.009226:0.009226:0.010547:0.005843:0.003980:0.005843:0.010547:0.008105:0.003980:0.009226:0.008105:0.015070:0.009226:0.005843:0.004360:0.008883:0.009064:0.005843:0.004704:0.009226:0.010547:0.009226:0.004704:0.003980:0.004885:0.009226:0.008105:0.005843:0.009226:0.007327:0.006965:0.003980:0.004704:0.009226:0.006965:0.003980:0.010547:0.006965:0.004704:0.010547:0.009226:0.003835
derivatives. The various potential factors which we have chosen are on the basis of survey of prior literatures.:@0.075648:0.258925:0.895540:0.258925:0.895540:0.243643:0.075648:0.243643:0.009226:0.008105:0.006965:0.004360:0.008883:0.009064:0.005843:0.004360:0.008521:0.008105:0.006965:0.004704:0.003112:0.010547:0.010547:0.008105:0.003835:0.008883:0.009226:0.006965:0.004704:0.009226:0.010547:0.006965:0.003835:0.009226:0.009226:0.005843:0.008105:0.010547:0.005843:0.004704:0.009226:0.004704:0.003835:0.004885:0.009226:0.008105:0.005843:0.009226:0.007327:0.006965:0.003835:0.013243:0.010547:0.004704:0.008105:0.010547:0.003835:0.013062:0.008105:0.003835:0.010547:0.008521:0.008521:0.008105:0.003835:0.008105:0.010547:0.009226:0.006965:0.008105:0.010547:0.003835:0.009226:0.006965:0.008105:0.003835:0.009226:0.010547:0.003835:0.005843:0.010547:0.008105:0.003835:0.009226:0.009226:0.006965:0.004704:0.006965:0.003835:0.009226:0.007019:0.003835:0.006965:0.010547:0.007490:0.008521:0.007761:0.009226:0.003835:0.009226:0.007019:0.003835:0.009226:0.006965:0.004704:0.009226:0.006965:0.003835:0.004704:0.004704:0.005843:0.008105:0.006802:0.009064:0.005843:0.010547:0.006965:0.008105:0.006965:0.004704
Table-7:@0.474902:0.274900:0.537932:0.274900:0.537932:0.259471:0.474902:0.259471:0.010348:0.009715:0.010547:0.005663:0.009425:0.006024:0.011307
Possible Concerns of  Hedging:@0.380177:0.290875:0.632675:0.290875:0.632675:0.275446:0.380177:0.275446:0.010728:0.010366:0.008105:0.008105:0.005663:0.010547:0.005663:0.009425:0.004034:0.012067:0.010366:0.011687:0.009226:0.009425:0.008774:0.011687:0.008105:0.004034:0.010366:0.006006:0.003003:0.004034:0.013948:0.009425:0.010746:0.009805:0.005663:0.011687:0.009805
Possible Concerns:@0.283691:0.312153:0.422268:0.312153:0.422268:0.298267:0.283691:0.298267:0.009655:0.009330:0.007294:0.007294:0.005096:0.009492:0.005096:0.008483:0.003631:0.010860:0.009330:0.010518:0.008304:0.008483:0.007897:0.010518:0.007294
High:@0.655508:0.312153:0.692501:0.312153:0.692501:0.298267:0.655508:0.298267:0.012553:0.005096:0.008825:0.010518
Moderate:@0.737749:0.312153:0.811523:0.312153:0.811523:0.298267:0.737749:0.298267:0.014931:0.009330:0.009672:0.008483:0.007620:0.008988:0.006269:0.008483
Low:@0.858057:0.312153:0.890295:0.312153:0.890295:0.298267:0.858057:0.298267:0.009492:0.009183:0.013563
Credit risk:@0.083520:0.333455:0.152898:0.333455:0.152898:0.319701:0.083520:0.319701:0.009492:0.006269:0.007294:0.008304:0.004233:0.005259:0.003452:0.006269:0.004233:0.006269:0.008304
0:@0.669250:0.333455:0.678743:0.333455:0.678743:0.319701:0.669250:0.319701:0.009492
0:@0.769890:0.333455:0.779382:0.333455:0.779382:0.319701:0.769890:0.319701:0.009492
8:@0.869438:0.333455:0.878930:0.333455:0.878930:0.319701:0.869438:0.319701:0.009492
Uncertainty about qualifying for hedge accounting treatment :@0.083520:0.353428:0.502701:0.353428:0.502701:0.339673:0.083520:0.339673:0.010518:0.009492:0.007294:0.007294:0.006741:0.005259:0.008304:0.004233:0.009492:0.005259:0.008304:0.003452:0.007832:0.008304:0.008304:0.009492:0.005259:0.003452:0.008304:0.009492:0.008304:0.004233:0.004233:0.004233:0.008304:0.004233:0.009492:0.008304:0.003452:0.004233:0.008304:0.006269:0.003452:0.009492:0.007294:0.008304:0.007994:0.007294:0.003452:0.008304:0.007294:0.007294:0.008304:0.009492:0.009492:0.005259:0.004233:0.009492:0.008304:0.003452:0.005259:0.006269:0.007294:0.008157:0.005259:0.013563:0.007294:0.009492:0.005259:0.003452
6:@0.669250:0.353428:0.678743:0.353428:0.678743:0.339673:0.669250:0.339673:0.009492
3:@0.769890:0.353428:0.779382:0.353428:0.779382:0.339673:0.769890:0.339673:0.009492
5:@0.869438:0.353428:0.878930:0.353428:0.878930:0.339673:0.869438:0.339673:0.009492
Tax or legal issues:@0.083520:0.373400:0.205472:0.373400:0.205472:0.359646:0.083520:0.359646:0.008695:0.008304:0.008304:0.003452:0.008304:0.006269:0.003452:0.004233:0.007294:0.007832:0.008304:0.004233:0.003452:0.004233:0.006269:0.006269:0.009492:0.007294:0.006269
5:@0.669250:0.373400:0.678743:0.373400:0.678743:0.359646:0.669250:0.359646:0.009492
1:@0.769890:0.373400:0.779382:0.373400:0.779382:0.359646:0.769890:0.359646:0.009492
6:@0.869438:0.373400:0.878930:0.373400:0.878930:0.359646:0.869438:0.359646:0.009492
Disclosure requirements:@0.083520:0.393373:0.248180:0.393373:0.248180:0.379618:0.083520:0.379618:0.010518:0.004233:0.006269:0.007294:0.004233:0.008304:0.006269:0.009492:0.006269:0.007294:0.003452:0.006269:0.007294:0.008304:0.009492:0.004233:0.006269:0.007294:0.013563:0.007294:0.009492:0.005259:0.006269
0:@0.669250:0.393373:0.678743:0.393373:0.678743:0.379618:0.669250:0.379618:0.009492
0:@0.769890:0.393373:0.779382:0.393373:0.779382:0.379618:0.769890:0.379618:0.009492
4:@0.869438:0.393373:0.878930:0.393373:0.878930:0.379618:0.869438:0.379618:0.009492
Cost of hedging compared to benefits:@0.083520:0.413345:0.333563:0.413345:0.333563:0.399591:0.083520:0.399591:0.009492:0.008304:0.006269:0.005259:0.003452:0.008304:0.006317:0.003452:0.009492:0.007294:0.008304:0.008304:0.004233:0.009492:0.008304:0.003452:0.007294:0.008304:0.013563:0.008304:0.008304:0.006269:0.007294:0.008304:0.003452:0.005259:0.008304:0.003452:0.008304:0.007294:0.009492:0.007294:0.004152:0.004152:0.005259:0.006269
19:@0.664512:0.413345:0.683497:0.413345:0.683497:0.399591:0.664512:0.399591:0.009492:0.009492
25:@0.765152:0.413345:0.784136:0.413345:0.784136:0.399591:0.765152:0.399591:0.009492:0.009492
3:@0.869438:0.413345:0.878930:0.413345:0.878930:0.399591:0.869438:0.399591:0.009492
Liquidity risk :@0.083520:0.433318:0.176165:0.433318:0.176165:0.419564:0.083520:0.419564:0.008304:0.004233:0.008304:0.009492:0.004233:0.008304:0.004233:0.005259:0.008304:0.003452:0.006269:0.004233:0.006269:0.008304:0.003452
0:@0.669250:0.433318:0.678743:0.433318:0.678743:0.419564:0.669250:0.419564:0.009492
0:@0.769890:0.433318:0.779382:0.433318:0.779382:0.419564:0.769890:0.419564:0.009492
12:@0.864684:0.433318:0.883669:0.433318:0.883669:0.419564:0.864684:0.419564:0.009492:0.009492
Lack of knowledge about derivatives within firm:@0.083520:0.453290:0.409291:0.453290:0.409291:0.439536:0.083520:0.439536:0.008304:0.008304:0.007294:0.008304:0.003452:0.008304:0.006317:0.003452:0.008304:0.009492:0.007994:0.012391:0.004233:0.007294:0.008304:0.007994:0.007294:0.003452:0.007832:0.008304:0.008304:0.009492:0.005259:0.003452:0.008304:0.007294:0.006269:0.003924:0.007994:0.008157:0.005259:0.003924:0.007669:0.007294:0.006269:0.003452:0.012391:0.004233:0.005259:0.009492:0.004233:0.009492:0.003452:0.004152:0.004152:0.006415:0.013563
16:@0.664512:0.453290:0.683497:0.453290:0.683497:0.439536:0.664512:0.439536:0.009492:0.009492
20:@0.765152:0.453290:0.784136:0.453290:0.784136:0.439536:0.765152:0.439536:0.009492:0.009492
2:@0.869438:0.453290:0.878930:0.453290:0.878930:0.439536:0.869438:0.439536:0.009492
Difficulty quantifying the firm’s underlying exposures:@0.083520:0.473263:0.445258:0.473263:0.445258:0.459509:0.083520:0.459509:0.010518:0.004233:0.004233:0.004152:0.004152:0.007294:0.009492:0.004233:0.005259:0.008304:0.003452:0.008304:0.009492:0.008304:0.009492:0.005259:0.004233:0.004233:0.008304:0.004233:0.009492:0.008304:0.003452:0.005259:0.009492:0.007294:0.003452:0.004152:0.004152:0.006415:0.013563:0.003924:0.006269:0.003452:0.009492:0.009492:0.008304:0.007294:0.006269:0.003761:0.008304:0.004233:0.009492:0.008304:0.003452:0.006985:0.008304:0.008304:0.008304:0.006269:0.009492:0.006269:0.007294:0.006269
6:@0.669250:0.473263:0.678743:0.473263:0.678743:0.459509:0.669250:0.459509:0.009492
6:@0.769890:0.473263:0.779382:0.473263:0.779382:0.459509:0.769890:0.459509:0.009492
9:@0.869438:0.473263:0.878930:0.473263:0.878930:0.459509:0.869438:0.459509:0.009492
Perceptions by investors, regulators and the public:@0.083520:0.493236:0.424222:0.493236:0.424222:0.479481:0.083520:0.479481:0.008695:0.007294:0.006269:0.007294:0.007294:0.008304:0.005259:0.004233:0.008304:0.009492:0.006269:0.003452:0.007815:0.008304:0.003452:0.004233:0.008857:0.007669:0.007294:0.006269:0.005259:0.008304:0.006594:0.006269:0.004233:0.003452:0.006269:0.007294:0.008304:0.009492:0.004233:0.008157:0.005259:0.008304:0.006594:0.006269:0.003452:0.008304:0.009492:0.008304:0.003452:0.005259:0.009492:0.007294:0.003452:0.008304:0.009492:0.008304:0.004233:0.004233:0.007294
10:@0.664512:0.493236:0.683497:0.493236:0.683497:0.479481:0.664512:0.479481:0.009492:0.009492
12:@0.765152:0.493236:0.784136:0.493236:0.784136:0.479481:0.765152:0.479481:0.009492:0.009492
4:@0.869438:0.493236:0.878930:0.493236:0.878930:0.479481:0.869438:0.479481:0.009492
Pricing and valuing derivatives :@0.083520:0.513208:0.297157:0.513208:0.297157:0.499454:0.083520:0.499454:0.009492:0.006269:0.004233:0.007294:0.004233:0.009492:0.008304:0.003452:0.008304:0.009492:0.008304:0.003452:0.007994:0.008304:0.004233:0.009492:0.004233:0.009492:0.008304:0.003452:0.008304:0.007294:0.006269:0.003924:0.007994:0.008157:0.005259:0.003924:0.007669:0.007294:0.006269:0.003452
4:@0.669250:0.513208:0.678743:0.513208:0.678743:0.499454:0.669250:0.499454:0.009492
2:@0.769890:0.513208:0.779382:0.513208:0.779382:0.499454:0.769890:0.499454:0.009492
8:@0.869438:0.513208:0.878930:0.513208:0.878930:0.499454:0.869438:0.499454:0.009492
Monitoring and evaluating hedge results:@0.083520:0.533181:0.359110:0.533181:0.359110:0.519426:0.083520:0.519426:0.013563:0.008304:0.009492:0.004233:0.005259:0.008304:0.006269:0.004233:0.009492:0.008304:0.003452:0.008304:0.009492:0.008304:0.003452:0.007294:0.007994:0.008304:0.004233:0.009492:0.008157:0.005259:0.004233:0.009492:0.008304:0.003452:0.009492:0.007294:0.008304:0.007994:0.007294:0.003452:0.006269:0.007294:0.006269:0.009492:0.004233:0.005259:0.006269
2:@0.669250:0.533181:0.678743:0.533181:0.678743:0.519426:0.669250:0.519426:0.009492
0:@0.769890:0.533181:0.779382:0.533181:0.779382:0.519426:0.769890:0.519426:0.009492
5:@0.869438:0.533181:0.878930:0.533181:0.878930:0.519426:0.869438:0.519426:0.009492
Evaluating the risk of proposed derivatives transactions:@0.083520:0.553153:0.458056:0.553153:0.458056:0.539399:0.083520:0.539399:0.008304:0.007994:0.008304:0.004233:0.009492:0.008157:0.005259:0.004233:0.009492:0.008304:0.003452:0.005259:0.009492:0.007294:0.003452:0.006269:0.004233:0.006269:0.008304:0.003452:0.008304:0.006317:0.003452:0.008304:0.006269:0.008304:0.008304:0.008304:0.006269:0.007294:0.008304:0.003452:0.008304:0.007294:0.006269:0.003924:0.007994:0.008157:0.005259:0.003924:0.007669:0.007294:0.006269:0.003452:0.005259:0.006122:0.008304:0.009492:0.006269:0.008304:0.007294:0.005259:0.004233:0.008304:0.009492:0.006269
1:@0.669250:0.553153:0.678743:0.553153:0.678743:0.539399:0.669250:0.539399:0.009492
0:@0.769890:0.553153:0.779382:0.553153:0.779382:0.539399:0.769890:0.539399:0.009492
3:@0.869438:0.553153:0.878930:0.553153:0.878930:0.539399:0.869438:0.539399:0.009492
Responses to this question  for small sized companies because  or bankruptcies of  Barings Bank :@0.089744:0.578422:0.924307:0.578422:0.924307:0.563140:0.089744:0.563140:0.012212:0.009335:0.008195:0.010457:0.010457:0.011777:0.008195:0.009335:0.008195:0.013261:0.007074:0.010457:0.013261:0.007074:0.011777:0.005934:0.008195:0.013261:0.010457:0.011777:0.009335:0.008195:0.007074:0.005934:0.010457:0.010547:0.003835:0.017856:0.004921:0.009444:0.007182:0.005482:0.007182:0.015287:0.009444:0.004921:0.004921:0.005482:0.007182:0.004921:0.007779:0.008322:0.009444:0.005482:0.008322:0.009444:0.015287:0.009444:0.009444:0.010764:0.004921:0.008322:0.007182:0.005482:0.009444:0.008322:0.008322:0.009444:0.010764:0.007182:0.008105:0.003835:0.017874:0.009624:0.007381:0.006965:0.009624:0.009643:0.010945:0.009624:0.007671:0.010945:0.009624:0.006241:0.008521:0.005102:0.008503:0.007381:0.006965:0.009624:0.004704:0.002732:0.006965:0.010945:0.009624:0.007381:0.005102:0.010963:0.009624:0.007363:0.006965:0.010963:0.009624:0.010945:0.009226:0.003835
clearly identify that there are  they cannot afford to appoint  in 1995, Long-term Capital :@0.074366:0.594397:0.924307:0.594397:0.924307:0.579115:0.074366:0.579115:0.008973:0.005572:0.008973:0.010095:0.007833:0.005047:0.010095:0.010529:0.005572:0.010095:0.008973:0.011416:0.006712:0.005572:0.005572:0.010095:0.010529:0.006712:0.011416:0.009932:0.006712:0.010529:0.006712:0.011416:0.008973:0.007833:0.008973:0.010529:0.010095:0.007833:0.008105:0.003835:0.018037:0.006712:0.011416:0.008629:0.010095:0.010529:0.008973:0.010095:0.011416:0.011416:0.010095:0.006712:0.010529:0.010095:0.006260:0.005572:0.010095:0.007833:0.010095:0.010529:0.006712:0.010095:0.010529:0.009932:0.010095:0.010095:0.010095:0.005572:0.011416:0.005843:0.003835:0.017983:0.006042:0.011886:0.014129:0.011886:0.011886:0.011886:0.011886:0.006042:0.014129:0.010565:0.010565:0.011886:0.010565:0.007182:0.007182:0.009444:0.008467:0.016409:0.014129:0.011886:0.010402:0.010565:0.006042:0.007182:0.010565:0.004704:0.003835
certain important concerns  experts having requisite knowledge  Management in 1998, Enron in :@0.074366:0.610372:0.924488:0.610372:0.924488:0.595089:0.074366:0.595089:0.009661:0.009661:0.009046:0.007399:0.010782:0.006260:0.012103:0.015775:0.006260:0.016626:0.010782:0.010782:0.009046:0.007399:0.010782:0.012103:0.007399:0.015775:0.009661:0.010782:0.012103:0.009661:0.009661:0.008973:0.012103:0.006965:0.003835:0.017910:0.007761:0.009226:0.009226:0.008105:0.007490:0.005843:0.006965:0.004523:0.010547:0.008521:0.009226:0.004704:0.010547:0.009226:0.004523:0.006965:0.008105:0.009226:0.010547:0.004704:0.006965:0.004704:0.005843:0.008105:0.004523:0.009226:0.010547:0.008883:0.013767:0.004704:0.008105:0.009226:0.008883:0.008105:0.003835:0.017892:0.015595:0.009751:0.011072:0.009588:0.009407:0.008629:0.015595:0.008629:0.011072:0.006368:0.007815:0.005228:0.011072:0.007815:0.011072:0.011072:0.011072:0.011072:0.005228:0.007815:0.009751:0.011072:0.007490:0.009751:0.011072:0.007815:0.005228:0.010547:0.003835
which demotivates to go for  in the field of derivatives. Because, if  2001, Lehman Brothers, American :@0.074366:0.626347:0.924379:0.626347:0.924379:0.611064:0.074366:0.611064:0.014401:0.011705:0.005862:0.009263:0.011705:0.012664:0.010384:0.009263:0.016228:0.010384:0.007001:0.005518:0.010041:0.010222:0.007001:0.009263:0.008123:0.012664:0.007001:0.010384:0.012664:0.009679:0.010384:0.012664:0.005862:0.010384:0.006965:0.003835:0.017784:0.004704:0.010547:0.003311:0.005843:0.010547:0.008105:0.003311:0.004613:0.004613:0.008105:0.004704:0.009226:0.003311:0.009226:0.007019:0.003311:0.009226:0.008105:0.006965:0.004360:0.008883:0.009064:0.005843:0.004360:0.008521:0.008105:0.006965:0.004704:0.003311:0.010547:0.008105:0.008105:0.009226:0.010547:0.006965:0.007761:0.004704:0.003311:0.004704:0.004704:0.003835:0.017874:0.010547:0.010547:0.010547:0.010547:0.004704:0.004071:0.009226:0.008105:0.010547:0.015070:0.009226:0.010547:0.004071:0.010547:0.006965:0.009226:0.005843:0.010547:0.008105:0.007327:0.006965:0.004704:0.004071:0.012809:0.015070:0.008105:0.006965:0.004704:0.008105:0.009226:0.010547:0.003835
using derivatives. Out of so many  these instruments are not properly  International Group (AIG) in 2008 :@0.074366:0.642322:0.924488:0.642322:0.924488:0.627039:0.074366:0.627039:0.010800:0.007218:0.004957:0.010800:0.009480:0.005843:0.009480:0.008358:0.007218:0.004613:0.009136:0.009317:0.006097:0.004613:0.008774:0.008358:0.007218:0.004957:0.005843:0.012121:0.010800:0.006097:0.005843:0.009480:0.007273:0.005843:0.007218:0.009480:0.005843:0.015323:0.009480:0.010276:0.009226:0.003835:0.018073:0.005970:0.010674:0.008231:0.007092:0.008231:0.004758:0.004830:0.010674:0.007092:0.005970:0.007381:0.010674:0.015197:0.008231:0.010674:0.005970:0.007092:0.004758:0.009353:0.007092:0.008231:0.004758:0.010674:0.009353:0.005970:0.004758:0.009353:0.007092:0.009353:0.009353:0.008231:0.007092:0.004306:0.009226:0.003835:0.017766:0.005862:0.010565:0.005862:0.008123:0.007435:0.010565:0.009082:0.005862:0.004722:0.009245:0.010565:0.009245:0.004722:0.004613:0.011705:0.006983:0.009245:0.010565:0.009245:0.004613:0.005862:0.012827:0.005862:0.011705:0.005862:0.004613:0.004722:0.010565:0.004613:0.010565:0.010565:0.010565:0.010547:0.003835
factors  we have included  in  the  handled it may create reasons for  and J.P Morgan in 2012. Warren :@0.074366:0.658297:0.924470:0.658297:0.924470:0.643014:0.074366:0.643014:0.005445:0.009787:0.008648:0.006404:0.009787:0.007888:0.007526:0.003835:0.004233:0.013623:0.008666:0.008087:0.011090:0.009082:0.009082:0.008666:0.008087:0.005265:0.011108:0.008648:0.005265:0.011108:0.009787:0.008666:0.009787:0.003835:0.004233:0.005265:0.011108:0.003835:0.004233:0.006404:0.011108:0.008105:0.003835:0.017766:0.010819:0.009498:0.010819:0.009498:0.004975:0.008376:0.009498:0.005970:0.004975:0.006115:0.005970:0.015341:0.008973:0.009498:0.005970:0.008376:0.007236:0.008376:0.009335:0.006115:0.008376:0.005970:0.007236:0.008376:0.009498:0.007236:0.009498:0.010819:0.007236:0.005970:0.004975:0.009498:0.006965:0.003835:0.018073:0.009534:0.010855:0.009534:0.006169:0.005084:0.005011:0.010855:0.006169:0.015377:0.009534:0.007273:0.009009:0.009534:0.010855:0.006169:0.005011:0.010855:0.006169:0.010855:0.010855:0.010855:0.010855:0.005011:0.006169:0.016409:0.009534:0.007906:0.007273:0.008412:0.010547:0.003835
questionnaire on the basis of our :@0.074366:0.674271:0.345571:0.674271:0.345571:0.658989:0.074366:0.658989:0.009516:0.010837:0.008394:0.007255:0.006133:0.004993:0.009516:0.010837:0.010837:0.009516:0.004993:0.007255:0.008394:0.006097:0.009516:0.010837:0.006097:0.006133:0.010837:0.008394:0.006097:0.009516:0.009516:0.007255:0.004993:0.007255:0.006097:0.009516:0.007309:0.006115:0.009516:0.010837:0.006965:0.003835
literature review, we found that cost  as we have witnessed in case of  time bombs for the economic system :@0.074366:0.690246:0.924199:0.690246:0.924199:0.674964:0.074366:0.674964:0.004704:0.004704:0.005843:0.008105:0.006802:0.009064:0.005843:0.010547:0.006965:0.008105:0.003256:0.006965:0.008105:0.009226:0.004704:0.008105:0.011976:0.004704:0.003256:0.013062:0.008105:0.003256:0.004704:0.009226:0.010547:0.010547:0.009226:0.003256:0.005843:0.010547:0.009064:0.005843:0.003256:0.008105:0.009226:0.006965:0.005843:0.003835:0.017856:0.009733:0.007472:0.007743:0.013568:0.008611:0.007743:0.011054:0.009027:0.009027:0.008611:0.007743:0.014274:0.005210:0.006350:0.011054:0.008611:0.007472:0.007472:0.008611:0.009733:0.007743:0.005210:0.011054:0.007743:0.008611:0.009733:0.007472:0.008611:0.007743:0.009733:0.004704:0.003835:0.017983:0.005753:0.004613:0.014979:0.008014:0.003166:0.009136:0.009136:0.014979:0.009136:0.006875:0.003184:0.004613:0.009136:0.006875:0.003166:0.005753:0.010457:0.008014:0.003166:0.008014:0.008014:0.009136:0.010457:0.009136:0.014979:0.004613:0.008014:0.003166:0.006875:0.009136:0.006875:0.005753:0.008014:0.015070:0.003835
of hedging is the most important  Lehman  Brothers,  J.P  Morgan, :@0.074366:0.706221:0.634848:0.706221:0.634848:0.690939:0.074366:0.690939:0.009534:0.007327:0.006241:0.010855:0.008412:0.009534:0.009534:0.005011:0.010855:0.009534:0.006241:0.005011:0.007273:0.006241:0.006151:0.010855:0.008412:0.006241:0.015377:0.009534:0.007273:0.006151:0.006241:0.005011:0.015377:0.009534:0.009534:0.007797:0.006151:0.009534:0.010855:0.005843:0.003835:0.017983:0.010041:0.008919:0.011361:0.015884:0.010041:0.011361:0.003835:0.006296:0.011361:0.007779:0.010041:0.006658:0.011361:0.008919:0.008141:0.007779:0.005518:0.003835:0.006296:0.005590:0.005518:0.011361:0.003835:0.006296:0.015884:0.010041:0.007779:0.009516:0.010041:0.011361:0.004704:0.003835
concern for the companies to  Baring Bank, etc. :@0.074366:0.722196:0.496867:0.722196:0.496867:0.706913:0.074366:0.706913:0.009009:0.010131:0.011452:0.009009:0.009009:0.008322:0.011452:0.010764:0.005608:0.010131:0.007870:0.010764:0.006748:0.011452:0.009009:0.010764:0.009009:0.010131:0.015974:0.010131:0.010131:0.011452:0.005608:0.009009:0.007870:0.010764:0.006748:0.009226:0.003835:0.017910:0.010547:0.009226:0.006965:0.004704:0.010547:0.009226:0.003835:0.010547:0.009226:0.010547:0.009226:0.004704:0.003835:0.008105:0.005843:0.007580:0.004704:0.003835
use  derivatives. This  implies  that :@0.074366:0.738171:0.345806:0.738171:0.345806:0.722888:0.074366:0.722888:0.010963:0.007381:0.008521:0.003835:0.003166:0.009643:0.008521:0.007381:0.004776:0.009299:0.009480:0.006260:0.004776:0.008937:0.008521:0.007381:0.005120:0.006278:0.010963:0.010963:0.005120:0.007381:0.003835:0.003166:0.005120:0.015486:0.009643:0.005120:0.005120:0.008521:0.007381:0.003835:0.003166:0.006260:0.010963:0.009480:0.005843:0.003835
when  companies  are  making  a  derivatives, which created havoc :@0.074366:0.754146:0.634830:0.754146:0.634830:0.738863:0.074366:0.738863:0.013948:0.011253:0.008810:0.011253:0.003835:0.005391:0.008810:0.009932:0.015775:0.009932:0.009932:0.011253:0.005409:0.008810:0.007671:0.003835:0.005391:0.009932:0.007671:0.008810:0.003835:0.005391:0.015775:0.009932:0.009932:0.005409:0.011253:0.009932:0.003835:0.005391:0.009226:0.003835:0.017892:0.009679:0.008557:0.007417:0.004812:0.009335:0.009516:0.006296:0.004812:0.008973:0.008557:0.007417:0.005156:0.007363:0.013695:0.010999:0.005156:0.008557:0.010999:0.007363:0.008557:0.007417:0.008557:0.009516:0.006296:0.008557:0.009679:0.007363:0.010999:0.008973:0.008973:0.009679:0.008105:0.003835
cost benefit analysis, the cost of  for companies become a perpetual  on – Risk and hedging: Do credit :@0.074366:0.770121:0.924470:0.770121:0.924470:0.754838:0.074366:0.754838:0.008611:0.009733:0.007472:0.006350:0.007689:0.009733:0.008611:0.011054:0.008611:0.004613:0.005120:0.006350:0.007689:0.009733:0.011054:0.009733:0.004686:0.009733:0.007472:0.005210:0.007472:0.005210:0.007689:0.006350:0.011054:0.008611:0.007689:0.008611:0.009733:0.007472:0.006350:0.007689:0.009733:0.004704:0.003835:0.017838:0.004885:0.009407:0.007146:0.005283:0.008286:0.009407:0.015251:0.009407:0.009407:0.010728:0.004885:0.008286:0.007146:0.005283:0.009407:0.008286:0.008286:0.009407:0.015251:0.008286:0.005283:0.009407:0.005283:0.009407:0.008286:0.007417:0.009407:0.008286:0.006024:0.010728:0.009407:0.004704:0.003835:0.018091:0.009570:0.010891:0.006422:0.009389:0.006422:0.012031:0.005047:0.007309:0.009570:0.006422:0.009570:0.010891:0.009570:0.006422:0.010891:0.008449:0.009570:0.009570:0.005047:0.010891:0.009570:0.005047:0.006422:0.012031:0.009570:0.006422:0.008449:0.007309:0.008449:0.009570:0.005047:0.005843:0.003835
hedging is more than the potential :@0.074366:0.786095:0.345553:0.786095:0.345553:0.770813:0.074366:0.770813:0.010656:0.008213:0.009335:0.009335:0.004812:0.010656:0.009335:0.004722:0.004812:0.007074:0.004722:0.015178:0.009335:0.007074:0.008213:0.004722:0.005952:0.010656:0.009335:0.010656:0.004722:0.005952:0.010656:0.008213:0.004722:0.009335:0.009335:0.005952:0.008213:0.010656:0.005952:0.004812:0.009335:0.004704:0.003835
benefit that is going to accrue to  are  thinking  to  use  derivatives.  analysis identifies two effects of :@0.074366:0.802070:0.924217:0.802070:0.924217:0.786788:0.074366:0.786788:0.009606:0.008485:0.010927:0.008485:0.004613:0.004993:0.006223:0.006694:0.006223:0.010927:0.009444:0.006223:0.006694:0.005084:0.007345:0.006694:0.008901:0.009606:0.005084:0.010927:0.009606:0.006694:0.006223:0.009606:0.006694:0.009606:0.008485:0.008485:0.007634:0.010927:0.008485:0.006694:0.006223:0.009226:0.003835:0.017693:0.009860:0.007598:0.008738:0.003835:0.004885:0.006477:0.011180:0.005337:0.011180:0.009860:0.005337:0.011180:0.009860:0.003835:0.004885:0.006477:0.009860:0.003835:0.004885:0.011180:0.007598:0.008738:0.003835:0.004885:0.009860:0.008738:0.007598:0.004993:0.009516:0.009697:0.006477:0.004993:0.009154:0.008738:0.007598:0.004704:0.003835:0.018055:0.009805:0.011126:0.009805:0.004758:0.009805:0.007544:0.005283:0.007544:0.008322:0.005283:0.009805:0.008684:0.011126:0.006422:0.005283:0.004613:0.005192:0.008684:0.007544:0.008322:0.006422:0.013641:0.009805:0.008322:0.008684:0.005970:0.005464:0.008684:0.008684:0.006422:0.007544:0.008322:0.009805:0.004704:0.003835
the company.  This is applicable for :@0.074366:0.818045:0.345571:0.818045:0.345571:0.802762:0.074366:0.802762:0.005916:0.010620:0.008177:0.004686:0.008177:0.009299:0.015142:0.009299:0.009299:0.010095:0.006784:0.004776:0.004686:0.003962:0.010620:0.010620:0.004776:0.007037:0.004686:0.004776:0.007037:0.004686:0.009136:0.009299:0.009299:0.004776:0.004776:0.008177:0.008774:0.009299:0.004776:0.008177:0.004686:0.004776:0.009299:0.006965:0.003835
small companies whose exposures  with a number of  high-profile  enhance risk sharing as suggested :@0.074366:0.834020:0.924578:0.834020:0.924578:0.818737:0.074366:0.818737:0.007182:0.015287:0.009444:0.004921:0.004921:0.005536:0.008322:0.009444:0.015287:0.009444:0.009444:0.010764:0.004921:0.008322:0.007182:0.005536:0.013460:0.010764:0.009444:0.007182:0.008322:0.005554:0.007978:0.009444:0.009444:0.009444:0.007182:0.010764:0.007182:0.008322:0.006965:0.003835:0.018055:0.014581:0.005500:0.006658:0.011361:0.010023:0.010041:0.010023:0.011198:0.011361:0.015884:0.010041:0.008901:0.007779:0.010023:0.010041:0.004704:0.003130:0.010023:0.011361:0.005518:0.010023:0.011361:0.006658:0.010041:0.007779:0.010023:0.004613:0.005427:0.005518:0.008105:0.003835:0.017766:0.008304:0.010746:0.010746:0.009425:0.010746:0.008304:0.008304:0.005319:0.007164:0.004903:0.007164:0.009425:0.005319:0.007164:0.010746:0.009425:0.007164:0.004903:0.010746:0.009425:0.005319:0.009425:0.007164:0.005319:0.007164:0.010746:0.009082:0.009082:0.008304:0.007164:0.006042:0.008304:0.009226:0.003835
are not so substantial. :@0.074366:0.849995:0.244314:0.849995:0.244314:0.834712:0.074366:0.834712:0.009226:0.006965:0.008105:0.003835:0.010547:0.009226:0.005843:0.003835:0.006965:0.009226:0.003835:0.006965:0.010547:0.009226:0.006965:0.005843:0.009226:0.010547:0.005843:0.004704:0.009226:0.004704:0.004704:0.003835
Lack of  knowledge about  global financial markets over  also make further acquisition of :@0.089744:0.865970:0.924434:0.865970:0.924434:0.850687:0.089744:0.850687:0.010746:0.010746:0.009624:0.010746:0.015450:0.010746:0.004704:0.003835:0.015450:0.010746:0.012067:0.010402:0.015287:0.006223:0.009624:0.010746:0.010402:0.009624:0.015450:0.010222:0.010746:0.010746:0.012067:0.005843:0.003835:0.017838:0.009950:0.005771:0.010312:0.010294:0.010294:0.005771:0.012085:0.004613:0.005681:0.011615:0.010312:0.011615:0.009172:0.005771:0.010294:0.005789:0.012085:0.016137:0.010312:0.008032:0.009751:0.009172:0.006929:0.008032:0.012085:0.009842:0.009588:0.009172:0.006965:0.003835:0.018019:0.009733:0.005210:0.007472:0.009733:0.007707:0.015576:0.009733:0.009190:0.008611:0.007707:0.005210:0.011054:0.007996:0.006350:0.011054:0.008611:0.007472:0.007707:0.009733:0.008611:0.009733:0.011054:0.005210:0.007472:0.005210:0.006350:0.005210:0.009733:0.011054:0.007707:0.009733:0.004704:0.003835
derivatives within the companies is  the past two decades.  To some  risk more attractive. Similarly, some :@0.074366:0.881944:0.924379:0.881944:0.924379:0.866662:0.074366:0.866662:0.009263:0.008141:0.007001:0.004396:0.008919:0.009100:0.005880:0.004396:0.008557:0.008141:0.007001:0.004631:0.013804:0.004740:0.005880:0.010583:0.004740:0.010583:0.004631:0.005880:0.010583:0.008141:0.004649:0.008141:0.009263:0.015106:0.009263:0.009263:0.010583:0.004740:0.008141:0.007001:0.004631:0.004740:0.006965:0.003835:0.017983:0.006549:0.011253:0.008810:0.009299:0.009932:0.009932:0.007671:0.006549:0.009299:0.006549:0.013767:0.009932:0.009299:0.009932:0.008810:0.008810:0.009932:0.009932:0.008810:0.007671:0.005409:0.003835:0.004740:0.010004:0.009932:0.009299:0.007671:0.009932:0.015775:0.008105:0.003835:0.018019:0.006965:0.004704:0.006965:0.009226:0.003636:0.015070:0.009226:0.006965:0.008105:0.003636:0.009064:0.005843:0.005843:0.006802:0.009226:0.008105:0.005843:0.004360:0.008521:0.007761:0.004704:0.003636:0.009226:0.004704:0.015070:0.004704:0.004704:0.009226:0.006965:0.004179:0.006893:0.004704:0.003636:0.006965:0.009226:0.015070:0.008105:0.003835
the next important for concern for  critics, derivatives have played an  may perceive that derivatives can be :@0.074366:0.897919:0.924470:0.897919:0.924470:0.882637:0.074366:0.882637:0.005988:0.010692:0.008250:0.004939:0.010692:0.007906:0.009371:0.005988:0.004939:0.004848:0.015215:0.009371:0.009371:0.007634:0.005988:0.009371:0.010692:0.005988:0.004939:0.004848:0.009371:0.007110:0.004939:0.008250:0.009371:0.010692:0.008250:0.008250:0.007562:0.010692:0.004939:0.004848:0.009371:0.006965:0.003835:0.017820:0.008394:0.007255:0.004993:0.006133:0.004993:0.008394:0.007255:0.004993:0.006079:0.009516:0.008394:0.007255:0.004649:0.009172:0.009353:0.006133:0.004649:0.008810:0.008394:0.007255:0.006079:0.010837:0.008810:0.008810:0.008394:0.006079:0.009516:0.004993:0.008991:0.008810:0.008394:0.009516:0.006079:0.009516:0.010547:0.003835:0.018019:0.015070:0.008702:0.009226:0.003256:0.009226:0.008105:0.006965:0.008105:0.008105:0.004360:0.008521:0.008105:0.003256:0.005843:0.010547:0.009064:0.005843:0.003256:0.009226:0.008105:0.006965:0.004360:0.008883:0.009064:0.005843:0.004360:0.008521:0.008105:0.006965:0.003256:0.008105:0.009226:0.010547:0.003256:0.009226:0.008105:0.003835
companies. This is also applicable  important role in the near collapses  very complex, as evidenced by the :@0.074366:0.913894:0.924271:0.913894:0.924271:0.898612:0.074366:0.898612:0.008376:0.009498:0.015359:0.009498:0.009498:0.010819:0.004975:0.008394:0.007236:0.004975:0.005265:0.010819:0.010819:0.004975:0.007236:0.005988:0.004975:0.007236:0.005988:0.009498:0.004975:0.007255:0.009498:0.005988:0.009353:0.009498:0.009498:0.004975:0.004993:0.008376:0.008973:0.009498:0.004975:0.008105:0.003835:0.018073:0.004704:0.015070:0.009226:0.009226:0.007490:0.005843:0.009226:0.010547:0.005843:0.003944:0.006965:0.009226:0.004704:0.008105:0.003944:0.004704:0.010547:0.003944:0.005843:0.010547:0.008105:0.003944:0.010547:0.008105:0.009226:0.006965:0.003944:0.008105:0.009226:0.004704:0.004704:0.009064:0.009226:0.006965:0.008105:0.006965:0.003835:0.017910:0.008720:0.008304:0.007526:0.009425:0.005391:0.008304:0.009425:0.015269:0.009425:0.004903:0.007960:0.009425:0.004903:0.005391:0.009425:0.007164:0.005391:0.008304:0.009425:0.004903:0.009425:0.008304:0.010746:0.008304:0.008304:0.009425:0.005391:0.008883:0.009425:0.005391:0.006042:0.010746:0.008105:0.003835
mass destruction of the company  Buffet even viewed derivatives as :@0.363662:0.674271:0.924180:0.674271:0.924180:0.658989:0.363662:0.658989:0.015359:0.009516:0.007255:0.007255:0.006115:0.009516:0.008394:0.007255:0.006133:0.007544:0.010837:0.008394:0.006133:0.004993:0.009516:0.010837:0.006115:0.009516:0.007309:0.006115:0.006133:0.010837:0.008394:0.006115:0.008394:0.009516:0.015359:0.009516:0.009516:0.010312:0.009226:0.003835:0.018037:0.010927:0.010927:0.005771:0.005265:0.008485:0.006223:0.006784:0.008485:0.008901:0.008485:0.010927:0.006784:0.009606:0.005084:0.008485:0.013442:0.008485:0.009606:0.006784:0.009606:0.008485:0.007345:0.004740:0.009263:0.009444:0.006223:0.004740:0.008901:0.008485:0.007345:0.006784:0.009606:0.006965:0.003835
Due to certain mishandling of  Hathaway Inc., 2002). Norvald :@0.379039:0.738171:0.924434:0.738171:0.924434:0.722888:0.379039:0.722888:0.012193:0.011054:0.008611:0.007761:0.006350:0.009733:0.007761:0.008611:0.008611:0.007996:0.006350:0.009733:0.005210:0.011054:0.007761:0.015576:0.005210:0.007472:0.011054:0.009733:0.011054:0.009733:0.005210:0.005210:0.011054:0.009733:0.007761:0.009733:0.004704:0.003835:0.018055:0.013442:0.009697:0.006477:0.011180:0.009335:0.013876:0.009335:0.009860:0.008666:0.006477:0.011180:0.008213:0.005337:0.005337:0.008666:0.011180:0.011180:0.011180:0.011180:0.006477:0.005337:0.008666:0.013442:0.009860:0.008123:0.009516:0.009860:0.005337:0.009226:0.003835
concern for companies which  derivatives increase bank risk? His :@0.363662:0.786095:0.924343:0.786095:0.924343:0.770813:0.363662:0.770813:0.009082:0.010203:0.011524:0.009082:0.009082:0.008394:0.011524:0.011307:0.005681:0.010203:0.007942:0.011307:0.009082:0.010203:0.016047:0.010203:0.010203:0.011524:0.005681:0.009082:0.007942:0.011307:0.014220:0.011524:0.005681:0.009082:0.010547:0.003835:0.017802:0.009425:0.008286:0.007164:0.004541:0.009082:0.009245:0.006042:0.004559:0.008702:0.008304:0.007146:0.005301:0.004885:0.010746:0.008286:0.007164:0.008304:0.009407:0.007164:0.008286:0.005301:0.009407:0.009425:0.010746:0.009407:0.005301:0.007146:0.004903:0.007146:0.009425:0.007146:0.005301:0.012989:0.004903:0.006965:0.003835
Derivatives have been associated  credit derivatives innovation – they :@0.363662:0.818045:0.924398:0.818045:0.924398:0.802762:0.363662:0.802762:0.012157:0.008575:0.007435:0.004830:0.009353:0.009534:0.006314:0.004830:0.008991:0.008575:0.007435:0.007454:0.011018:0.008991:0.008991:0.008575:0.007454:0.009697:0.008575:0.008575:0.011018:0.007454:0.009697:0.007435:0.007435:0.009697:0.008575:0.005174:0.009534:0.006314:0.008575:0.009226:0.003835:0.017965:0.008123:0.006983:0.008123:0.009245:0.004722:0.005862:0.004613:0.009245:0.008123:0.006983:0.004378:0.008901:0.009082:0.005862:0.004378:0.008539:0.008123:0.006983:0.004613:0.004722:0.010565:0.010565:0.008774:0.008901:0.009082:0.005862:0.004722:0.009245:0.010565:0.004613:0.009064:0.004613:0.005862:0.010565:0.007779:0.009226:0.003835
corporate  events  that  roiled  the  by the hedging argument – but they :@0.363662:0.849995:0.924325:0.849995:0.924325:0.834712:0.363662:0.834712:0.008666:0.009787:0.007797:0.009787:0.009787:0.007363:0.009624:0.006404:0.008666:0.003835:0.004324:0.008666:0.009082:0.008666:0.011108:0.006404:0.007526:0.003835:0.004324:0.006404:0.011108:0.009624:0.006404:0.003835:0.004324:0.007526:0.009787:0.005265:0.005265:0.008666:0.009787:0.003835:0.004324:0.006404:0.011108:0.008105:0.003835:0.018037:0.008684:0.009226:0.003329:0.005843:0.010547:0.008105:0.003329:0.010547:0.008105:0.009226:0.009226:0.004704:0.010547:0.009226:0.003329:0.009226:0.006965:0.009226:0.010547:0.015070:0.008105:0.010547:0.005843:0.003329:0.009046:0.003329:0.009226:0.010547:0.005843:0.003329:0.005843:0.010547:0.007761:0.009226:0.003835
and called them financial weapons :@0.652958:0.706221:0.924434:0.706221:0.924434:0.690939:0.652958:0.690939:0.009353:0.010674:0.009353:0.004776:0.008231:0.009353:0.004830:0.004830:0.008231:0.009353:0.004776:0.005970:0.010674:0.008231:0.015197:0.004776:0.004613:0.004740:0.010674:0.009353:0.010674:0.008231:0.004830:0.009353:0.004830:0.004776:0.013188:0.008231:0.009190:0.009353:0.009353:0.010674:0.006965:0.003835
of  mass destruction (Berkshire :@0.652958:0.722196:0.924343:0.722196:0.924343:0.706913:0.652958:0.706913:0.009986:0.004704:0.003075:0.009661:0.015830:0.009986:0.007725:0.007725:0.009661:0.009986:0.008865:0.007725:0.006603:0.008014:0.011307:0.008865:0.006603:0.005464:0.009986:0.011307:0.009661:0.006603:0.011307:0.008865:0.007725:0.009986:0.007725:0.011307:0.005464:0.007725:0.008105:0.003835
Instefjord (2005) made a study :@0.652958:0.754146:0.924162:0.754146:0.924162:0.738863:0.652958:0.738863:0.006440:0.011144:0.007562:0.006440:0.008702:0.005301:0.005301:0.009824:0.007562:0.009824:0.008485:0.006440:0.011144:0.011144:0.011144:0.011144:0.006440:0.008485:0.015667:0.009824:0.009824:0.008702:0.008485:0.009824:0.008485:0.007562:0.006440:0.011144:0.009661:0.009226:0.003835