A RESEARCH ON MEASURING THE EXCHANGE RISK IN STRATEGICAL FINANCIAL MANAGEMENT APPLIED IN COMPANIES

Year 2017, , 84 - 92, 30.06.2017

Mustafa Yurttadur , Ender Celiktas

https://doi.org/10.17261/Pressacademia.2017.522

Abstract

The
strategical financial management in companies could be defined as assuring the
required reserves to continue the company’s existence under favorable
conditions, also protecting and efficient use of these reserves; applying cash
flow in the correct way; helping to occur the policies which the companies will
follow as a result of being evaluated each internal and external developments.
Within this scope of assessment, there is need to analyze the problems of
businesses at the stages of ‘measuring the exchange risk in strategical
financial management’ on two principal axes as internal and external dynamics.
The purpose of this study which is actualized to measure the exchange risk in
strategical financial management is to reveal the effect of the exchange risk
of the companies about financial management and how the companies are affected
by the negative developments at the end of measuring the exchange risk
correctly. After being described the terms that create the content of the
study, the relations between these terms and literature are tried to be
supported by the primary studies to achieve this purpose. The hypothesizes of
the research are started to be improved by the generating the theoretic frame.
First of all, research was actualized by the survey for this purpose to reveal
how important the frame of strategical financial management and the accuracy of
measuring the exchange risk in strategical financial management are. The same
data was tested by the hypothesizes beside being evaluated the obtained data
with the help of statistical analysis. It is observed by the result of analysis
that the strategical financial management is significant for the financial
structures of the companies and the existence a meaningful relationship between
the correct measuring of exchange risk and right financial decisions. 

Keywords

Financial management, strategical financial management, exchange risk, measuring the exchange risk, financial decisions

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