stakeholder groups’ interests. A study of the use of hedging instruments in 161 Polish non-financial listed companies is then … determine relationships between the hedging decision and financial standing of companies. However, company size is proved to be … the only significant factor for a hedging decision. The implications of these findings and new research questions are …

the use of financial derivatives reduces both total risk and systematic risk. The effect of derivative use on firm value …Using a sample of 6,888 non-financial firms from 47 countries, we examine the effect of derivative use on firms’ risk … could account for the mixed evidence in the literature on the effect of hedging on firm value. …

, can be hedged using financial instruments, especially derivatives, like as forward, futures, options and swaps. The … recognition and measurement of hedged derivatives according to the Romanian regulations. …

hedges. For a typical sample firm, pass-through and operational hedging each reduce exposure by 10% to 15%. Financial hedging … with foreign debt, and to a lesser extent FX derivatives, decreases exposure by about 40%. The combination of these factors …

which the risk management and hedging needs of investors may be effectively met through the derivative instruments. However …The phenomenal growth of derivative markets across the globe indicates their impact on the global financial scene. As …, it is equally recognised that derivative markets present market participants and regulators with different and complex …

country prior to the deal and its hedging activities, and characteristics of the target, such as the exposure of the target … studying the impact of exchange rate risk on stock returns, but identifying financial hedging information is not. Further …, foreign targets often provide operational hedging benefits to the U.S. acquirers, as exposure estimates are significantly …

-variance (mean-standard deviation) approach to examine a banking firm investing in risky assets and hedging opportunities. The mean …-standard deviation framework can be used because our hedging model satisfies a scale and location condition. The focus of this study is … on how interest rate risk affects optimal bank investment in the loan and deposit market when derivatives are available …

firm based on proprietary internal data including cash flows, derivatives and foreign currency debt, as well as external … due to foreign currency-based activities and international competition, corporate hedging mitigates this gross exposure … such as total cash flow can be explained by hedging at the firm level. Thus, the residual net exposure is economically and …

empirical support for rationales of hedging with derivatives at the firm level. While various empirical challenges and … degree of operating hedging. Moreover, corporations do not just use financial derivatives, but rely heavily on pass …According to financial theory, corporate hedging can increase shareholder value in the presence of capital market …