Yong, Au; Hwa, Hue; Faff, Robert; Chalmers, Keryn - In: Journal of International Financial Markets, … 19 (2009) 1, pp. 16-32
In this paper, we investigate whether the level of derivative activities of Asia-Pacific banks is associated with the market's perception of their interest rate and exchange rate risks. The results suggest that the level of derivative activities (especially interest rate derivatives) is...