Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 14 , 13 September 2023
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Access | Article
Determinants of Effective Financial Risk Management in Malaysian companies
* Author to whom correspondence should be addressed.
Abstract
This study was intended to create a theoretical framework of factors affecting the efficien-cy of financial risk management, including leadership, culture and communication. Litera-ture searches were conducted utilizing library databases and an analysis was made of pre-vious studies related to these topics. Foreign exposure is the major risk faced by infor-mation technology companies. The main reason for this is the substantial part of their in-come comes from foreign countries in foreign currencies. It is important to know here if Malaysian I.T. companies are suffering from loss due to foreign exchange movements, what measures they are taking to minimize risk, how much serious impact is suffered on its profitability. Also reviewed were models published by other authors in this field which were found most helpful in identifying how financial risk management can assist Root-square Technologies, the most rapidly growing, innovative I.T. Services & Enterprise I.T. company operated in Malaysia.
Keywords
accounting theory, financial risk management, root-square technologies
References
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2. Aebi, V., Sabato, G., Schmid, M.: Risk management, corporate governance, and bank performance in the financial crisis. Journal of Banking & Finance 36(12), 3209-3236 (2016).
3. Aziz, Y. A., Awang, K. W., Zaiton, S.: Challenges Faced by Micro, Small, and Medium Lodgings in Kelantan, Malaysia. International Journal of Economics and Management 6(1), 161-183 (2012).
4. McClelland, D. C., Rhinesmith, S., Kristensen, R.: The effects of power training on community action agencies. Journal of Applied Behavioural Sciences 11, 90-110 (1975).
5. Bolden, R.: Leadership Development in SMEs: Designing a customized solution. University of Exeter: Centre for Leadership Studies. (2007)
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-71-3
- ISBN (Online)
- 978-1-915371-72-0
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/14/20230774
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited