This article examines the extent of derivative financial instrument use among US nonprofit health systems and the impact of these financial instruments on their cash flows, reported operating results, and financial risks. Our examination is conducted through a case study of New Jersey hospitals and health systems. We review the existing literature on interest rate derivative instruments and US ...

Based on IFRS laws, British companies have started providing their reporting systems according to International Standards Requirements regarding disclosing their financial derivatives since January 2005. In 2013, Iran revised its Accounting Standard No. 15 to include the derivative instruments. The present study aims at investigating the effect of this revision on financial derivatives and inst...

The 2008 Great Financial Crisis increased the fluctuations in the stock market in the US and other countries that were linked together through various channels. In this regard, derivative instruments, as one of the main elements of the world's financial markets, had an essential role in reducing the stock market fluctuations and contagion of the crisis. The primary purpose of this study is to e...

financial derivatives are new instruments through which hedging, investment and arbitrage are done in a modern economy. although the word 'derivative'primarily reminds us of options and futures, the major focus of the equity derivatives industry worldwide is on index derivatives. launching index options and index futures in tehran stock exchange, not only increases financial market de...

For many, derivatives are often associated with infamous financial events and scandals resulting from highly leveraged and speculative use of derivative financial instruments. The most common use of these instruments is, however, in the often quiet area of risk management rather than the charged atmosphere of high stakes betting. At the most basic level, a derivative is simply a financial instr...

This essay identifies two approaches to theorizing the relationship between financialization and contemporary art. The first departs from an analysis of how market logics in non-financial spheres are being transformed to facilitate financial circulation; the other considers valuation practices in financial markets (and those related to derivative instruments in particular) from a socio-cultural...