Corporate derivatives use and firm value: Evidence from Turkey
This paper examines use of financial derivatives (currency, interest rate and commodity) and its effect on firm value of non-financial Turkish firms for period of 2007–2013. Only 36.41% of companies in our sample use derivatives to hedge their currency, interest rate or commodity price risks. We hav...
Main Authors: | Yusuf Ayturk, Ali Osman Gurbuz, Serhat Yanik |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2016-06-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845015300247 |
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