eprintid: 29509
rev_number: 36
eprint_status: archive
userid: 16644
dir: disk0/00/02/95/09
datestamp: 2011-03-19 16:18:22
lastmod: 2019-09-26 14:50:54
status_changed: 2011-03-19 16:18:22
type: paper
metadata_visibility: show
abstract: The purpose of this study to compare the previous research about how the nonfinancial
companies listed in the Istanbul Stock Exchange (ISE) and deposit banks in Turkey have
disclosed information regarding the usage of derivatives, and the accounting treatment of these
derivatives. The results of these studies indicate that banks and the non-financial companies listed
in the ISE-100 Indices, which represent 86 % of the market capitalization, use derivatives mainly
for hedging purposes. However, the evidence that they usually prefer reporting their gains/losses
arising from these transactions as “held for trading” instead of applying “hedge accounting”,
since they could not meet the compulsory criterions described in the IAS 39.
copyrightnote: I certify that I have the right to deposit this contribution in its published format with MPRA
creators_name: Yakup, Selvi
creators_name: Asli, Turel
creators_id: selviyak@istanbul.edu.tr
creators_id: gunduzay@istanbul.edu.tr
date: 2010
date_pub: 2010
full_text_status: public
identifierabstract: http://mpra.ub.uni-muenchen.de/29509/
ispublished: pub
journal: Annales Universitatis Apulensis Series Oeconomica
keywords: Derivative Instruments, IAS 39, IFRS 7, Hedge Accounting,
language: en
pagerange: 663-671
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subjects: M41
subjects: M4
title: Derivatives Usage in Risk Management By Turkish Non-Financial Firms and Banks: A Comparative Study
volume: 2
citation:   Yakup, Selvi and Asli, Turel  (2010): Derivatives Usage in Risk Management By Turkish Non-Financial Firms and Banks: A Comparative Study.  Published in: Annales Universitatis Apulensis Series Oeconomica , Vol. 2,   (2010): pp. 663-671.  
document_url: https://mpra.ub.uni-muenchen.de/29509/2/MPRA_paper_29509.pdf