Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi
Risk management is formally defined as the process by which an organization assesses and addresses its risk. It helps an organization to identify, evaluate, analyse, monitor, and mitigate the risks that threaten the achievement of an organization's strategic objectives in a disciplined and syst...
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my-uitm-ir.614602022-07-18T00:59:34Z Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi 2021-02 Ahmad Suhaimi, Ahmad Akmal Sadiq Economics Risk management. Risk in industry. Operational risk Financial management. Business finance. Corporation finance Risk management is formally defined as the process by which an organization assesses and addresses its risk. It helps an organization to identify, evaluate, analyse, monitor, and mitigate the risks that threaten the achievement of an organization's strategic objectives in a disciplined and systematic way. It has always been a matter of continuous concern to most corporations, especially, the changes in the exchange rate have been a major risk to firms involved in the imports and exports. Therefore, to minimize the risk associated, hedging can reduce underinvestment costs since it reduces the probability of financial distress by shielding future stream cash flow from the changes in the exchange rates. Choice of hedging instruments and determinants of derivatives hedging seems to reflect decision making of managers in developed countries as they tend to have less information asymmetry, efficient market for corporate control, better institutional and legal systems. Hence, this research intends to show the determinants of corporate hedging practice would be different outside developed countries, specifically, Malaysia due to different firm specific characteristics. 2021-02 Thesis https://ir.uitm.edu.my/id/eprint/61460/ https://ir.uitm.edu.my/id/eprint/61460/1/61460.pdf text en public degree UiTM Cawangan Johor Faculty of Business Management Abd Rahman, Nor Hadaliza Mazan, Diana Mohamad Shafi, Roslina (Dr.) |
institution |
Universiti Teknologi MARA |
collection |
UiTM Institutional Repository |
language |
English |
advisor |
Abd Rahman, Nor Hadaliza Mazan, Diana Mohamad Shafi, Roslina (Dr.) |
topic |
Economics Economics Economics |
spellingShingle |
Economics Economics Economics Ahmad Suhaimi, Ahmad Akmal Sadiq Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
description |
Risk management is formally defined as the process by which an organization assesses and addresses its risk. It helps an organization to identify, evaluate, analyse, monitor, and mitigate the risks that threaten the achievement of an organization's strategic objectives in a disciplined and systematic way. It has always been a matter of continuous concern to most corporations, especially, the changes in the exchange rate have been a major risk to firms involved in the imports and exports. Therefore, to minimize the risk associated, hedging can reduce underinvestment costs since it reduces the probability of financial distress by shielding future stream cash flow from the changes in the exchange rates. Choice of hedging instruments and determinants of derivatives hedging seems to reflect decision making of managers in developed countries as they tend to have less information asymmetry, efficient market for corporate control, better institutional and legal systems. Hence, this research intends to show the determinants of corporate hedging practice would be different outside developed countries, specifically, Malaysia due to different firm specific characteristics. |
format |
Thesis |
qualification_level |
Bachelor degree |
author |
Ahmad Suhaimi, Ahmad Akmal Sadiq |
author_facet |
Ahmad Suhaimi, Ahmad Akmal Sadiq |
author_sort |
Ahmad Suhaimi, Ahmad Akmal Sadiq |
title |
Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
title_short |
Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
title_full |
Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
title_fullStr |
Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
title_full_unstemmed |
Determinants of corporate hedging practice in Malaysia / Ahmad Akmal Sadiq Ahmad Suhaimi |
title_sort |
determinants of corporate hedging practice in malaysia / ahmad akmal sadiq ahmad suhaimi |
granting_institution |
UiTM Cawangan Johor |
granting_department |
Faculty of Business Management |
publishDate |
2021 |
url |
https://ir.uitm.edu.my/id/eprint/61460/1/61460.pdf |
_version_ |
1783735234262466560 |