Financial Derivatives and Bank Risk: Evidence from D-8 Countries

Purpose: The study aims to investigate the impact of financial derivatives use on bank risk. For this purpose, banks operating in D-8 countries, are investigated. 
 Design/Methodology: While relationship between risk and derivative utilize is examined, some bank-specific control variables added model. Due sample structure endogeneity problem study, hypotheses were tested again by using Generalized Moments Method.
 Findings: analysis results showed a statistically significant negative reduced bank's risk.
 Limitations: From Iran Bangladesh excluded from because inaccessibility data related derivatives.
 Originality/Value: "Banking Risk Use Derivative Financial Instruments" literature mainly developed there gap how developing countries. This contribute revealing which classified as