Popis: |
It has become essential to effectively manage the interest rate and foreign exchange risks due to their increased importance for the Russian non-financial companies. No complex investigation on risk management practice has ever been done in Russia, as compared to the foreign countries. The author analyzes the results of a survey of interest rate and foreign exchange risk management in the Russian non-financial companies. The survey covers the approaches to risk identification, its valuation and management with the emphasis on financial hedging and the types of derivatives used. The results could be helpful for companies' top-management as a guideline for a comparative analysis of their company's position in a market and help modify their risk management practices. Moreover, the results could be used by analytics and researches for the further investigation. |