Wykorzystanie instrumentów pochodnych do zarządzania ryzykiem kursowym w przedsiębiorstwie

• Authors: Natalia Iwaszczuk , Jadwiga Orłowska-Puzio

Title variants

EN

The Use of Derivatives for the Foreign Exchange Risk Management in the Enterprise

• Languages of publication: PL

Abstracts

EN

Derivatives are the subject to a lot of research for several years. Their use for risk management in the enterprise has many supporters as well as opponents. Meanwhile, traders operating across borders, are facing the problem of securing their own interests against changes in market factors. The exchange rate is the main factor that fluctuations play an important role in their case. The same issue of the exchange rate were widely discussed in the literature over the years. Thus, in this study, our attention was focused on the construction of a currency option strategy proposed use in the management of the foreign exchange risk.

Keywords

PL

Instrumenty pochodne; Opcje; Ryzyko kursowe; Ryzyko walutowe; Zarządzanie przedsiębiorstwem; Zarządzanie ryzykiem finansowym

EN

Currency risk; Derivatives; Enterprise management; Exchange risk; Financial risk management; Options

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 174
• Pages: 160-172

Contributors

author

Natalia Iwaszczuk

author

Jadwiga Orłowska-Puzio

References

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• X. Xu, S.J. Taylor: The Term Structure of Volatility Implied by Foreign Exchange Options. "Journal of Financial and Quantitative Analysis" 1994, Vol. 29, s. 57-74.
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Identifiers

ISSN

2083-8611