The Impact of the Strategic Use of Financial Derivatives on the Effectiveness of Interest Rate Risk Management of Non-financial Firms in China
This study investigates the effectiveness of financial derivatives in managing interest rate risk for non-financial firms in China and analyzes the moderating role of market conditions in this relationship. Through an empirical analysis of panel data from non-financial firms listed on the Shanghai and Shenzhen stock markets between 2017 and 2022, the study finds that the use of financial derivativ
