The financial crisis of 2008 increased the call for standard setters and financial regulators to
review the effectiveness of derivative regulation in improving financial reporting quality. Prior …

I examine the effect of the accounting standard for derivative instruments (SFAS No. 133) on
corporate risk-management behavior. I classify a derivative user as an “effective hedger”(EH …

We examine the impact of SFAS 133, Accounting for Derivative Instruments and Hedging
Activities, on the reporting behavior of commercial banks and the informativeness of their …

We analyse the application of hedge accounting and its influence on hedging behaviour in
German and Swiss non-financial corporations. Of our sample companies, 72% apply hedge …

We conduct two experiments with experienced accountants to investigate how fair value
accounting affects managers' real economic decisions. In experiment 1, we find that …

We survey CFOs from 36 countries to examine whether and how firms altered their risk
management policies when fair value reporting standards for derivatives were introduced. A …

We examine the relationship between equity risk and the use of financial derivatives with a
sample of 555 banks from eighteen developed markets from 2006 to 2015. Our main …

This study examines behavior following a change in accounting treatment for derivative
hedges due to the misapplication of hedge accounting. I examine firms faced with the …

Financial accounting standards require derivatives to be recognized at fair value with
changes in value recognized immediately in earnings. However, if specified criteria are met …

In this paper, I analyze the consequences of cash flow hedge accounting on portfolio
earnings of firms focusing on main changes between IFRS 9 and IAS 39. For this purpose, I …