They used recently reported information on financial instruments with off-balance sheet risk, which firms in the U.S. have been required to report under SFAS No 105 since 1991, to investigate whether currency derivatives usage reduced firms' FX exposure.
They used recently reported information on financial instruments with off-balance sheet risk, which firms in the U.S. have been required to report under SFAS No 105 since 1991, to investigate whether currency derivatives usage reduced firms' FX exposure.
根据SFAS第105条的规定，美国企业自1991年起必须公布具有表外业务风险的金融工具的有关信息，他们最近利用这些信息研究了使用货币衍生品是否能够帮助企业规避外汇风险。