Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry
The aim of the paper is to analyze risk management practice adopted by the Romanian metallurgical enterprises and to identify new tools for hedging price risk. Romanian metallurgical companies recognize the main risks that their businesses are facing: increased prices of raw materials and energy, fo...
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Croatian Metallurgical Society
2013-10-01
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Online Access: | http://hrcak.srce.hr/file/148605 |
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doaj-acd4ce2b64a8476b8471c3a6aa3902642020-11-25T00:23:35ZengCroatian Metallurgical SocietyMetalurgija0543-58461334-25762013-10-01524518520Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry S. G. AntonThe aim of the paper is to analyze risk management practice adopted by the Romanian metallurgical enterprises and to identify new tools for hedging price risk. Romanian metallurgical companies recognize the main risks that their businesses are facing: increased prices of raw materials and energy, foreign exchange risk, and lower (domestic) demand for company’s products. Another important finding is that the perception of financial risks has improved in the last years and the companies started to use financial derivatives in order to hedge some financial risks. Nevertheless, Romanian metallurgical companies have proved to be reluctant to fully implement and adhere to suffi cient risk management practices.http://hrcak.srce.hr/file/148605metallurgyRomaniafinancial riskrisk management |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
S. G. Anton |
spellingShingle |
S. G. Anton Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry Metalurgija metallurgy Romania financial risk risk management |
author_facet |
S. G. Anton |
author_sort |
S. G. Anton |
title |
Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry |
title_short |
Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry |
title_full |
Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry |
title_fullStr |
Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry |
title_full_unstemmed |
Who manages financial risk? An empirical examination of risk management practices in the romanian metallurgical industry |
title_sort |
who manages financial risk? an empirical examination of risk management practices in the romanian metallurgical industry |
publisher |
Croatian Metallurgical Society |
series |
Metalurgija |
issn |
0543-5846 1334-2576 |
publishDate |
2013-10-01 |
description |
The aim of the paper is to analyze risk management practice adopted by the Romanian metallurgical enterprises and to identify new tools for hedging price risk. Romanian metallurgical companies recognize the main risks that their businesses are facing: increased prices of raw materials and energy, foreign exchange risk, and lower (domestic) demand for company’s products. Another important finding is that the perception of financial risks has improved in the last years and the companies started to use financial derivatives in order to hedge some financial risks. Nevertheless, Romanian metallurgical companies have proved to be reluctant to fully implement and adhere to suffi cient risk management practices. |
topic |
metallurgy Romania financial risk risk management |
url |
http://hrcak.srce.hr/file/148605 |
work_keys_str_mv |
AT sganton whomanagesfinancialriskanempiricalexaminationofriskmanagementpracticesintheromanianmetallurgicalindustry |
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1725356232835858432 |