... Policies, Journalof Financial and Quantitative Analysis 20, 391-405.Smith,Clifford, Jr, and Warner Jerold B., 1979, On Financial Contracting: An Analysis of BondCo venant s, Journal of Financial Economics ... information and scale economy barriers, in determining Þrms’ risk management decisions.28 Financial Institutions CenterCallable Bonds and HedgingbyLevent GüntayN.R. PrabhalaHaluk Unal02-13incremental ... Financial and Quantitative Analysis 26, 201-221.Mozumdar, Abon, 2001, Corporate Hedging and Speculative Incentives: Implications for SwapMarket Default Risk, forthcoming in the Journal of Financial...