Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009

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dc.contributor.advisorHolman, Glenen_ZA
dc.contributor.authorRaharison, Ratsitoariveloen_ZA
dc.date.accessioned2015-04-02T14:19:17Z
dc.date.available2015-04-02T14:19:17Z
dc.date.issued2012en_ZA
dc.descriptionIncludes bibliographical references.en_ZA
dc.description.abstractDerivatives have a long history which could be traced as far as in the biblical times, around 1700 B.C when Jacob was granted the right to marry Laban’s daughter, in counterparty of seven years of work, an agreement often presented as one of the first option contract in the human history. However, the use of derivatives really expanded over the last three decades. According to the Bank of International Settlement (BIS), the outstanding notional amount of the global over-the-counter (OTC) derivative market reached USD 708 trillion in June 2011. Derivative markets have a significant role to play in the development of African financial markets. Indeed, through the mechanisms of price discovery and risk transfer; derivative instruments introduce greater market efficiency and provide market participants the opportunity to hedge their exposure to various financial risks. The development of a derivative strong market in Africa presents a compelling case given the nature of several African economies, predominantly composed of primary commodity producers, open small economies inherently vulnerable to commodity price, foreign exchange volatility, and interest rate risks.en_ZA
dc.identifier.apacitationRaharison, R. (2012). <i>Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax. Retrieved from http://hdl.handle.net/11427/12678en_ZA
dc.identifier.chicagocitationRaharison, Ratsitoarivelo. <i>"Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012. http://hdl.handle.net/11427/12678en_ZA
dc.identifier.citationRaharison, R. 2012. Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Raharison, Ratsitoarivelo AB - Derivatives have a long history which could be traced as far as in the biblical times, around 1700 B.C when Jacob was granted the right to marry Laban’s daughter, in counterparty of seven years of work, an agreement often presented as one of the first option contract in the human history. However, the use of derivatives really expanded over the last three decades. According to the Bank of International Settlement (BIS), the outstanding notional amount of the global over-the-counter (OTC) derivative market reached USD 708 trillion in June 2011. Derivative markets have a significant role to play in the development of African financial markets. Indeed, through the mechanisms of price discovery and risk transfer; derivative instruments introduce greater market efficiency and provide market participants the opportunity to hedge their exposure to various financial risks. The development of a derivative strong market in Africa presents a compelling case given the nature of several African economies, predominantly composed of primary commodity producers, open small economies inherently vulnerable to commodity price, foreign exchange volatility, and interest rate risks. DA - 2012 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009 TI - Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009 UR - http://hdl.handle.net/11427/12678 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/12678
dc.identifier.vancouvercitationRaharison R. Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/12678en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Finance and Taxen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherFinancial Managementen_ZA
dc.titleDerivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009en_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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