Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/310561 
Year of Publication: 
2014
Citation: 
[Journal:] Journal of Accounting and Management Information Systems (JAMIS) [ISSN:] 2559-6004 [Volume:] 13 [Issue:] 3 [Year:] 2014 [Pages:] 430-448
Publisher: 
Bucharest University of Economic Studies, Bucharest
Abstract: 
We present an analysis of the determinants of Asia-Pacific banks' extent of derivative activities. Our findings suggest that the probability of financial distress and economies of scale arguments are important in this regard. Further analyses reveal that Asia-Pacific dealer banks tend to use more foreign currency derivatives while interest rate derivatives are generally used for hedging purposes. Our findings also indicate that banks located in countries with an explicit deposit insurance scheme engage in greater derivative activities. Such behaviour may reflect either hedging or speculation.
Subjects: 
Derivatives
Asia-Pacific banks
Determinants
JEL: 
G21
G32
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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