Please use this identifier to cite or link to this item:
Title: The foreign exchange exposure of domestic companies in Eurozone : case of the Baltic states
Authors: Rupeika-Apoga, Ramona
Nedovis, Roberts
Keywords: Foreign exchange -- Accounting
Eurozone -- Economic conditions
Financial risk
Baltic States -- Economic conditions
Issue Date: 2016
Publisher: University of Piraeus. International Strategic Management Association
Citation: Rupeika-Apoga, R., & Nedovis, R. (2016). The foreign exchange exposure of domestic companies in Eurozone : case of the Baltic states. European Research Studies Journal, 19(1), 165-178.
Abstract: In this paper we are looking for answers: are domestic companies operating in small market economies such as the Baltics with little or no direct foreign involvement also at risk, taking into account that our companies mainly as a mean of exchange are using euro. The aim of this study is to examine the foreign exchange rate exposure of domestic corporations in the Baltic States. The study shows that companies in the Baltic States tend not to manage their foreign exchange risk properly and some of the companies are thus exposed to significant losses due to fluctuations in currency exchange rates. The VaR estimates are proposed and evaluated as a method to measure the position that is necessary to hedge.
Appears in Collections:European Research Studies Journal, Volume 19, Issue 1

Files in This Item:
File Description SizeFormat 
ERSJ,_19(1)_-_A11.pdf401.77 kBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.