Title: Corporate risk-management practices in Slovenian companies

Authors: Danijela Milos Sprcic, Zeljko Sevic, Metka Tekavcic

Addresses: Faculty of Business and Economics, Department of Finance, University of Zagreb, Trg. J.F.Kennedy-a br. 6, HR-10 000 Zagreb, Croatia. ' Department of Accounting and Finance, University of Greenwich Business School, Old Royal Naval College, 30 Park Row, Greenwich, London SE10 9LS, England, UK. ' Faculty of Economics, Department of Management, University of Ljubljana, Kradeljeva ploscad 17, SI-1000 Ljubljana, Slovenia

Abstract: The paper presents the original research results on the corporate risk-management practices in the large Slovenian non-financial companies. The implementation of different risk-management strategies and the use of risk-management instruments are thoroughly investigated, primarily through a survey of risk-management practitioners. The survey has revealed that the vast majority of analysed companies are using some form of interest rate, foreign exchange or commodity price risk-management and those companies are highly influenced by the price risk, whilst currently and interest-rate risk exposures have lower impact on their performance. Companies quite often do not have documented their policies and often are just following the flow and practice fashion.

Keywords: interest rate risks; commodity price risk; exchange rate risk; risk management instruments; large companies; Slovenia; non-financial companies.

DOI: 10.1504/IJTGM.2008.020432

International Journal of Trade and Global Markets, 2008 Vol.1 No.3, pp.281 - 297

Published online: 24 Sep 2008 *

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