Determinants of Effective Financial Risk Management in Malaysian companies

Minghan Wang

doi:10.54254/2754-1169/14/20230774

Research Article

Open access

Published on 13 September 2023

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Wang,M. (2023). Determinants of Effective Financial Risk Management in Malaysian companies. Advances in Economics, Management and Political Sciences,14,23-26.

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Determinants of Effective Financial Risk Management in Malaysian companies

Minghan Wang *^,1,

¹ University of Birmingham

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/14/20230774

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

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References

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Cite this article

Wang,M. (2023). Determinants of Effective Financial Risk Management in Malaysian companies. Advances in Economics, Management and Political Sciences,14,23-26.

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About volume

Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies

Conference website: https://2023.confbps.org/

ISBN：978-1-915371-71-3(Print) / 978-1-915371-72-0(Online)

Conference date: 26 February 2023

Editor：Canh Thien Dang, Javier Cifuentes-Faura

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.14

ISSN：2754-1169(Print) / 2754-1177(Online)

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