Interdisciplinary approach for determining the essence of derivatives

Abstract

The research of key aspects of transactions with derivatives in different spheres was conducted. Particularly have been analyzed fundamental approaches to the description of how futures market works, influence of hedging with derivatives on the company’s value, significant aspects of accounting, taxations and legal qualification of transactions with derivatives. As a result it was noted that each area may be important for the company and should be taken into account. The essence of transactions with derivatives and related risks will be understood better, if the company’s staff relies on the interdisciplinary approach, which is proposed in the article. JEL: G10, G30