We utilize a sample of US acquiring firms that engaged in international M&As to document the effects of corporate derivatives use on post-M&A long-term performance. We find that derivatives users outperform nonusers. Furthermore, we find that acquirers with derivative policies that are more...

A shift in the focus of finance research is needed so that it can benefit society. Practitioner-oriented journals should take the lead by proactively asking academics and practitioners to identify topics that address nascent challenges facing the financial system and invite them and...

The Tax Cuts and Jobs Act (TCJA) enacted in December 2017 will limit the deductibility of business interest expense to 30% of adjusted taxable income (ATI) beginning in 2022. This article uses earnings before interest and taxes (EBIT) as a proxy for ATI to examines how this bill will have an...