The Effect of Derivative Financial Instrument on the Profitability: Comparison of Domestic and Foreign Banks
碩士 === 亞洲大學 === 財務金融學系碩士班 === 99 === The Financial Accounting Standard Board in Taiwan issued the Statements of Financial Accounting Standards No. 34 and No. 36. These statements specify that for the hedged item to be highly effective in offsetting the designated risk exposure, it should be supporte...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2011
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/21773402624596926206 |
| Summary: | 碩士 === 亞洲大學 === 財務金融學系碩士班 === 99 === The Financial Accounting Standard Board in Taiwan issued the Statements of Financial Accounting Standards No. 34 and No. 36. These statements specify that for the hedged item to be highly effective in offsetting the designated risk exposure, it should be supported by documents from statistical or other means of analyses. We study investigates the relationship between the profitability and the usage of derivatives of domestic banks and foreign bank in 2008 to 2010. The derivatives are categorized into two types, one is for trading and the other is for non-trading purposes. In the analysis on the domestic banks categorized into financial holding companies banks and non-financial holding banks, we use the two-stage least square (2SLS) as the main tool of analysis. The result indicates that commitment of banks for non-trading derivatives earnings volatility will result in significant negative impact.
|
|---|