印度通过对冲进行货币风险管理

Q4 Business, Management and Accounting

International Journal of Business and Globalisation Pub Date : 2023-01-01 DOI:10.1504/ijbg.2023.133267

Varuna Kharbanda, Archana Singh

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引用次数: 0

摘要

本研究试图通过对30位印度公司司库进行深度访谈，了解印度公司的套期保值实践，了解其套期保值有效性方法。本研究进一步评估了远期合约的有效性，这是这些公司最常用的衍生品合约。结果确定一个月远期是管理货币风险的最有效的衍生工具，面临这种风险的公司的财务主管应该使用。随着评估套期保值有效性的重要性和压力的增加，这些结果对于公司的财务主管和政策制定者理解和确定衡量套期保值有效性的更好模型是有用的。

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Currency risk management in India through hedging

This study attempts to understand the hedging practices of Indian companies and comprehend their hedging effectiveness methods by conducting in-depth interviews with 30 treasurers of Indian companies. The study further evaluates the effectiveness of the forwards, which is the most used derivatives contract by these companies. The results identify the one-month forwards as the most effective derivative instrument for managing the currency risk which the treasurers of the companies facing this risk should use. In the wake of rising importance and stress on evaluating the effectiveness of hedging, these results are useful for the treasurers of the companies and the policy makers to understand and identify better models for measuring hedging effectiveness.

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来源期刊

International Journal of Business and Globalisation Business, Management and Accounting-Business, Management and Accounting (all)

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： IJBG proposes and fosters discussion on various aspects of business and globalisation, including the physical environment and poverty. Topics covered include: - Internationalisation of SMEs - Cross-cultural business - Globalisation and poverty - Business ethics in the global environment - Emerging economies - Immigrant minorities in business - Indigenous enterprises and the global economy - International tourism - Eco-tourism - Sustainable development - Environmental degradation - The impact of oil and gas - Human mobility in a globalised world - Competition in a global economy - Localisation/glocalisation strategies within contemporary globalisation.