use of financial derivatives instruments, and hedging practices by U.S. firms. … passive versus active hedging. In addition, it outlines a set of widely accepted best practices in managing currency risk and … presents some of the main hedging instruments in the OTC and exchange-traded markets. The paper also provides some data on the …

derivatives, by applying a vector autoregression (VAR) model to publicly available market prices. Our results indicate that use of … credit derivatives does not pose a substantial threat to financial sector stability in the United Kingdom. Exposures across …

derivative usage is most common, followed closely by interest rate derivatives, with commodity derivatives a distant third. Usage … derivative non-users, German firms tend to cite reasons suggesting derivatives were not needed whereas US firms tend to cite …This paper is a comparative study of the responses to the 1995 Wharton School survey of derivative usage among US non …

hedging strategies that lead to hefty losses in the aftermath of the financial crisis. The sample is comprised of 346 …$18.9 billion. An event study shows that most companies that present losses in derivatives experience negative abnormal … indicate that the lack of a formal hedging policy, no monitoring to the CFOs, and considerations of hubris and remuneration …

Derivatives activity, motivated by risk-sharing, can breed risk taking. Bad news about the risk of the asset underlying … the derivative increases the expected liability of a protection seller and undermines her risk prevention incentives. This …

Derivatives activity, motivated by risk-sharing, can breed risk taking. Bad news about the risk of the asset underlying … the derivative increases the expected liability of a protection seller and undermines her risk prevention incentives. This …

, especially more currency risk, than US firms. Dutch firms, however, show a lower level of concern over derivatives usage, which …. Dutch firms focus le ss on stabilizing accounting earnings with derivatives than US firms, which is likely attributable to … tend to rely almost exclusively on OTC-transactions, US firms use exchange-traded derivatives and more counter …