Published : 2017-10-30

Remarks on a Currency Risk Management System as the Basis for Successful Global Cooperation of Enterprises

Valentyna Ksendzuk



Abstract

The effectiveness of economic activity is measured in terms of profit earned in the reporting period. Financial results are determined by a number of internal and external factors, one of which is currency risk. Implementation of a system of currency risk management minimizes one of the factors that influence the effectiveness of foreign trade transactions and can improve the conditions of international cooperation. The aim of the article is to propose the idea of creating a system of currency risk management to be operated by a separate unit within a company and to analyse its impact on the other departments.(original abstract)

Keywords:

Risk management, Financial risk management, Currency risk, Foreign trade, Enterprises cooperation



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Ksendzuk, V. (2017). Remarks on a Currency Risk Management System as the Basis for Successful Global Cooperation of Enterprises. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 76(5). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/799

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Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
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Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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