THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA
The main objective of this paper is to determine the scope of the use of derivatives by companies in BiH for specific purposes of financial risk management. The aim is to provide a comparative analysis with companies from Slovenia and Croatia in order to determine if companies in BiH use the hedgin...
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Format: | Article |
Language: | English |
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Faculty of Economics, University of Tuzla
2012-11-01
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Series: | Economic Review |
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Online Access: | http://er.ef.untz.ba/index.php/er/article/view/171 |
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author | Emira Kozarević Izudin Kešetović Meldina Kokorović Jukan Beriz Čivić |
author_facet | Emira Kozarević Izudin Kešetović Meldina Kokorović Jukan Beriz Čivić |
author_sort | Emira Kozarević |
collection | DOAJ |
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The main objective of this paper is to determine the scope of the use of derivatives by companies in BiH for specific purposes of financial risk management. The aim is to provide a comparative analysis with companies from Slovenia and Croatia in order to determine if companies in BiH use the hedging instruments appropriately, and to suggest possible improvements of their practices for managing financial risks. The basic goals of the paper are to explore if companies in BiH use derivatives for risk management purposes to the same extent as Slovenian and Croatian companies and to determine if BiH companies properly hedge their financial risks. The paper also aims to give suggestions to BiH companies for improvements of their risk management practices in order to ensure more efficient and effective financial risk hedging by using derivatives, primarily available through banks on BiH financial markets.
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format | Article |
id | doaj-art-d1f7b331473a49be8f6d620a19aa612f |
institution | Kabale University |
issn | 1512-8962 2303-680X |
language | English |
publishDate | 2012-11-01 |
publisher | Faculty of Economics, University of Tuzla |
record_format | Article |
series | Economic Review |
spelling | doaj-art-d1f7b331473a49be8f6d620a19aa612f2025-02-10T00:31:27ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2012-11-01102THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINAEmira Kozarević0Izudin Kešetović1Meldina Kokorović Jukan2Beriz Čivić3Faculty of Economics, University of Tuzla, Bosnia and HerzegovinaFaculty of Economics, University of Tuzla, Bosnia and HerzegovinaFaculty of Economics, University of Tuzla, Bosnia and HerzegovinaFaculty of Economics, University of Tuzla, Bosnia and Herzegovina The main objective of this paper is to determine the scope of the use of derivatives by companies in BiH for specific purposes of financial risk management. The aim is to provide a comparative analysis with companies from Slovenia and Croatia in order to determine if companies in BiH use the hedging instruments appropriately, and to suggest possible improvements of their practices for managing financial risks. The basic goals of the paper are to explore if companies in BiH use derivatives for risk management purposes to the same extent as Slovenian and Croatian companies and to determine if BiH companies properly hedge their financial risks. The paper also aims to give suggestions to BiH companies for improvements of their risk management practices in order to ensure more efficient and effective financial risk hedging by using derivatives, primarily available through banks on BiH financial markets. http://er.ef.untz.ba/index.php/er/article/view/171use of derivativesfinancial risk managementcompaniesBosnia and Herzegovina (BiH) |
spellingShingle | Emira Kozarević Izudin Kešetović Meldina Kokorović Jukan Beriz Čivić THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA Economic Review use of derivatives financial risk management companies Bosnia and Herzegovina (BiH) |
title | THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA |
title_full | THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA |
title_fullStr | THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA |
title_full_unstemmed | THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA |
title_short | THE USAGE OF DERIVATIVES IN FINANCIAL RISK MANAGEMENT BY COMPANIES IN BOSNIA AND HERZEGOVINA |
title_sort | usage of derivatives in financial risk management by companies in bosnia and herzegovina |
topic | use of derivatives financial risk management companies Bosnia and Herzegovina (BiH) |
url | http://er.ef.untz.ba/index.php/er/article/view/171 |
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