- 期刊
Derivative Use and Accounting Regulation Change: Does SFAS No. 133 Hedge Accounting Affect Currency Risk Management Decisions?
並列摘要
The main purpose of this study is to investigate foreign exchange derivatives (FXD) use and the impact of accounting regulation change. We examine whether SFAS No. 133 hedge accounting measures explain changes in FXD use. The main results indicate that mark-to-market hedge accounting adjustments are determinants of FXD use. This suggests that firms anticipate the net economic effects associated with these SFAS No. 133 adjustments and modify their FXD use in a way that is consistent with optimal hedge theory. In addition, we find evidence that the use of hedge accounting under SFAS No. 133 has incremental power to explain changes in FXD use.
參考文獻
Bank for International Settlements. (2008). Statistical annex. Washington, DC: Author
Financial Accounting Standards Board. (1994). Statement of financial accounting standard no. 119: Disclosure about derivative financial instruments and fair value of financial instruments. Norwalk, CT: Author
Financial Accounting Standards Board. (1998). Statement of financial accounting standard no. 133: Accounting for derivative instruments and hedging activities. Norwalk, CT: Author
Financial Accounting Standards Board. (2000). Statement of financial accounting standard no. 138: Accounting for certain derivative instruments and certain hedging activities. Norwalk, CT: Author
Financial Accounting Standards Board. (2003). Statement of financial accounting standard no. 149: Amendment of statement 133 on derivative instruments and hedging activities. Norwalk, CT: Author
被引用紀錄
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Nguyen, Q. K. (2012). 高層建築施工風險管理在越南之研究─以鑽石花冠大樓為例 [master's thesis, National Taiwan University]. Airiti Library. https://doi.org/10.6342/NTU.2012.02792
林黎華（2012）。避險基金之研究〔博士論文，國立臺北大學〕。華藝線上圖書館。https://www.airitilibrary.com/Article/Detail?DocID=U0023-1506201219155300
林增壽（2013）。銀行併購與組織變革─以TBB為例〔碩士論文，國立臺北科技大學〕。華藝線上圖書館。https://www.airitilibrary.com/Article/Detail?DocID=U0006-0807201320015100
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