Volume : IV, Issue : XII, December - 2014

An Inquiry Into the Forex Risk Management Practices of Indian Firms.

P. Bala Bhaskaran, P K Priyan

Abstract :

With increasing globalization, the foreign exchange exposure of Indian firms has been increasing. This paper explores whether the Indian firms are competent to handle the associated risk. The authors have adopted a survey of experts associated with the forex risk management among the Indian firms and also the caseresearch method to explore this research question. The survey covered 143 respondents and the case–research method analyzed 64 cases – 25 international firms and 39 Indian firms – as part of the research. The findings indicated that most of the Indian firms have acquired fair amount of proficiency in handling the forex risk though there is a small number of firms who have not initiated forex risk management despite being impacted by it. The paper has also been able to identify the nature of forex risk affecting the firms and has been able to come up with a generic strategy to handle forex risk by firms.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

P. Bala Bhaskaran,P K Priyan An Inquiry Into the Forex Risk Management Practices of Indian Firms. Indian Journal of Applied Research, Vol.4, Issue : 12 December 2014

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