Driver s for the use of Hed ge Accounting: an accounting choice
DOI:
https://doi.org/10.17524/repec.v3i2.66Keywords:
Hedge Accounting, Derivatives, Transaction.Abstract
This study investigates the incentives related to accounting choices regarding the qualification of derivatives in the corporate context for hedge accounting, or not, according to SFAS 133. We consider variables related to incentives/benefits that firms could have by qualifying an operation for hedge accounting. The assessed companies were from the Mining, Industrial Metals and Cellulose/Paper sectors listed on the NYSE. The data used in this study was obtained from the Economatica database and firms' websites for the year 2006. Evidences indicates a positive and significant relation between a firm's long term debt and hedge accounting qualification, which is consistent with theory and confirms the expected relation.
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Published
2009-05-03
How to Cite
Galdi, F. C., & Grama Guerra, L. F. (2009). Driver s for the use of Hed ge Accounting: an accounting choice. Journal of Education and Research in Accounting (REPeC), 3(2), 23–44. https://doi.org/10.17524/repec.v3i2.66
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