Naslov
Hedging as a business risk protection instrument

Autori
Speranda, Ivo ; Trsinski, Zoran

Izvornik
Ekonomski vjesnik (0353-359X) 28 (2015), 2; 551-565

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
hedging ; protection ; risk ; cash flow ; efficiency

Sažetak
This paper deals with hedging which is one of trading techniques in the futures markets and also deals with role of hedging as a protecting strategy as well. Indirectly, the impact of hedging affects the competitiveness of the company by reducing overall operating expenses and increasing the level of competitiveness at the same time. Besides, stated, the theoretical fundaments of the hedging strategy are explained and survey on relevant theoretical findings and research on hedging and its importance in contemporary economic life. Basic types of risk in firms are clearly described, as well as principal hedging models which are in accordance to International Financial Reporting Standards. Finally, the paper deals with the financial aspects of hedging stressing the role and the importance of the principle of the financial leverage.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA