Forwards and swaps: A study of risk management in the Philippines

• Main Authors: Agcaoili, Dexter M., Ang, Clifford S.
• Format: text
• Published: Animo Repository 2003
• Subjects: Risk management—Philippines; Derivative securities—Philippines; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/5518
• Institution: De La Salle University

The Asian Financial Crisis has highlighted the importance of Corporate Risk Management in addressing the risks that foreign exchange and interest rate exposures bring. We study 30 of the largest firms in the Philippines and find that 50% of the sampled firms use derivative products for risk manageme...