compliance with the interest rate risk regulation. Although hedging motives dominate, we find selective hedging behavior in swap …

the interest rate risk regulation. Although hedging motives dominate, we find selective hedging behavior in swap use …

inside debt holdings have a positive effect on the extent to which a bank uses interest rate derivatives for hedging purposes …

This study examines the relation between bank equity ownership and corporate hedging in Japan, an economy where banks … positively related to firm value providing support to the notion that bank equity ownership increases corporate hedging which, in … turn, leads to high firm valuation. Robustness tests show that the relation between hedging and main bank equity ownership …

We present a new approach to test the financial distress costs theory of corporate hedging empirically. We estimate the …-sectional differences in hedge ratios. Hence, our analysis adds further support for the financial distress costs theory of corporate hedging …

, we conclude that swap positions are not economically significant in hedging the interest rate risk of bank assets …

Under a "mea culpa" framework, evidence suggests that financial institutions practice discretionary hedging of both … intensifying hedging with interest rate derivatives as HTM and AFS portfolio losses accrue, and by reducing hedging intensity as … portfolio gains accrue. As funding risk increases, banks also intensify hedging, suggesting the mistakes of Silicon Valley Bank …

. Therefore, as a description of prevailing practice, we conclude that swap positions are not economically significant in hedging …