both size and industry composition. We find that German firms are more likely to use derivatives than US firms, with 78% of … German firms using derivatives compared to 57% of US firms. Aside from this higher overall usage, the general pattern of … derivative usage is most common, followed closely by interest rate derivatives, with commodity derivatives a distant third. Usage …

Using a novel regulatory dataset of fully identified derivatives transactions, this paper provides the first …

Financial derivatives play an important role in helping companies manage the risk involved in interest rates, currency … derivatives in Malaysian corporations by using a sample of 58 nonfinancial firms over the period 2011 to 2016. Relying on … ratio and profitability factors are significant in the use of financial derivatives among Malaysian financial firms. This …

of numerical methods for pricing, hedging, and risk management of financial instruments. …

This paper investigates corporate hedging under regret aversion. Regret-averse firms try to avoid deviations of their … hedging policy from the ex post best policy, an intuitive consideration if one has to justify one's decisions afterward. The … derivatives. It characterizes optimal hedge positions and shows that regret aversion leads to stronger incentives to hedge …

financial instruments. We study the currency hedging behaviour of the Danish pension sector and show that it differs with …

, while also focusing on issuers' hedging costs. We evaluate more than 396,000 single stock discount certificates on an …-related, i.e. dividends of the underlying, issuers' credit risk, lifecycle effect and competition, whereas hedging costs and … risks are economically less important. However, initial hedging costs are also priced into the premium in the case of large …

Futures and forwards contracts are considered of the main derivatives contracts, which offer many services and benefits …, namely risk management (hedging), and speculation. However, these contracts from the perspective of Islamic experts are …

mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market …

optimal hedge ratio given the outcome of past hedging decisions and future expectations. The model implies that the optimal … 2015 and find strong evidence for the model's predictions. By adding a dynamic regret approach to the hedging and FX … literature we shed further light on the rationale behind selective hedging. …