Risk perception and foreign exchange risk management in microfinance

Priberny, Christopher and Dorfleitner, Gregor (2013) Risk perception and foreign exchange risk management in microfinance. Journal of Management and Sustainability 3 (2), pp. 68-78.

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Abstract

We study the perception of risks in the funding of microfinance institutions. A survey addressed to microfinance institutions and their funding organizations reveals that several risk types, among them foreign exchange (FX) risk, are not considered to be as important as reported in the relevant literature. We obtain further insights into the FX risk management of microfinance actors and reveal that many FX risk mitigation strategies and hedging tools are rarely used in practice.

Item Type:Article
Institutions: Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Finanzierung (Prof. Dr. Gregor Dorfleitner)
Projects:DFG-Projekt AR 530/1-1 "Ökonomische Analyse der Refinanzierung von Mikrokreditvergabe", Open Access Publizieren (DFG)
Interdisciplinary subject network:Immobilien- und Kapitalmärkte
Identification Number:
ValueType
10.5539/jms.v3n2p68DOI
Related URLs:
URLURL Type
http://www.ccsenet.org/journal/index.php/jms/indexPublisher
Classification:
NotationType
G21Journal of Economics Literature Classification
Keywords:sustainable finance, microfinance, FX risk, risk management, survey
Subjects:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Yes
Owner:Universitätsbibliothek Regensburg
Deposited On:17 Feb 2011 11:52
Last Modified:27 Mar 2013 11:31
Item ID:19650
Owner Only: item control page