Geoff Turck Paper Abstract Stock Price Return Volatility and Derivative Disclosures of a Sample of National Commercial Banks This study is designed to investigate a possible association between the disclosures recently required under SFAS No. 119 for derivative financial instruments and observed market phenomena. I investigate the relation between hedging policy and stock return volatility within the banking industry. Each bank's hedging policy is determined from annual reports employing the methodology contained in Venkatachalam (1996). University of Oregon Homepage Copyright © 1998 by Department of Accounting, University of Oregon.