-increasing/-constant strategies. In addition, we find that a CEO's affiliation to the owner's family seems to reduce the amount of derivatives a firms …

This paper analyse the use of foreign exchange derivatives by non-financial publicly traded Brazilian companies from … 2007 to 2009. Using balance-sheet data on firms’ positions in derivatives and their foreign exchange exposure, the paper … the volume of derivatives used during this period, but used them in line with their currency exposure – and active …

derivatives. It characterizes optimal hedge positions and shows that regret aversion leads to stronger incentives to hedge …

Derivatives activity, motivated by risk-sharing, can breed risk taking. Bad news about the risk of the asset underlying …

Derivatives activity, motivated by risk-sharing, can breed risk taking. Bad news about the risk of the asset underlying …

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

Determinants of default risk of banks in emerging economies have so far received inadequate attention in the literature …. Using panel data techniques, this paper seeks to study the determinants bank asset quality and profitability using robust … lower levels of NPAs. Further, investigating the effect of determinants on profitability it is established that while …

derivatives use for risk management purposes at bank holding company (BHC)-affiliated banks, where subordinated debt holders have …