Abstract
The paper explores differences as well as commonalities in corporate risk management practices and risk exposures in the large non-financial Slovenian and Croatian companies. Comparative analysis of survey results have revealed that the majority of analysed companies in both Croatia and Slovenia are using some form of risk management to manage interest-rate, foreign exchange, or commodity price risk. Regarding the intensity of influence of financial risks on the performance of the analysed companies, the results have shown that the price risk has the highest influence among the Slovenian as well as the Croatian companies. Croatian companies are more affected by currency risk than the Slovenian companies, while the interest-rate risk has been ranged as less important in comparison with commodity price and currency risks.
Original language | English |
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Pages (from-to) | 63-81 |
Number of pages | 19 |
Journal | Zagreb International Review of Economics and Business |
Volume | 11 |
Issue number | 2 |
Publication status | Published - 1 Jan 2008 |
Keywords
- Slovenia
- Croatia
- corporate risk management
- finance