Effect of corporate risk hedging practices on firm value of listed commercial and service firms in Kenya

Abstract

ThisstudyaimedtoexaminetheeffectoffinancialriskhedgingpracticesonfirmvalueoflistedcommercialandservicefirmsinKenya.Thisstudywasguidedbythefollowingfourobjectives:Toexaminetheeffectofliquidityriskhedgingonfirm’svalueoflistedcommercialandservicefirmsinKenya,toassesstheeffectofcreditriskhedgingonfirmsvalueoffirm’svalueoflistedcommercialandservicefirmsinKenya,todeterminetheeffectofoperationalriskhedgingonfirm’svalueoflistedcommercialandservicefirmsinKenya,todeterminetheeffectofforexriskhedgingonfirm’svalueoflistedcommercialandservicefirmsinKenya.