Peculiarities of derivatives management in non-financial organizations
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PANKOV, Pavel. Peculiarities of derivatives management in non-financial organizations. In: Paradigme moderne în dezvoltarea economiei naționale și mondiale, 29-30 octombrie 2021, Chişinău. Chişinau, Moldova: Centrul Editorial-Poligrafic al USM, 2021, pp. 183-188. ISBN 978-9975-158-88-6.
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Paradigme moderne în dezvoltarea economiei naționale și mondiale 2021
Conferința "Modern paradigms in the development of the national and world economy"
Chişinău, Moldova, 29-30 octombrie 2021

Peculiarities of derivatives management in non-financial organizations


Pag. 183-188

Pankov Pavel
 
Polotsk State University, Republic of Belarus
 
 
Disponibil în IBN: 7 martie 2024


Rezumat

In the article have been considered peculiarities of derivatives usage by non-financial organizations in order to determine those aspects that require special attention from management in the process of making and implementing managerial decisions in this area. Among such peculiarities have been proposed the following issues: legislative regulation; the ratio of hedging and speculative operations as the main purposes of derivatives usage; contradictory practice of application in order to hedge risks; increased risk, related to derivatives; the ratio of price and value of derivatives; the role of physical movement of goods in strategies of derivatives usage; hedge accounting application; tax consequences of derivatives usage. For each of the proposed peculiarities have been proposed managerial aspects, which are relevant in the context of making and implementing management decisions. Such systematization of the peculiarities of derivatives usage will allow the management of non-financial organizations to better understand the details of the operations carried out, as well as to allocate managerial resources in the process of managing derivatives more efficiently.

Cuvinte-cheie
derivatives, hedging, speculative operations, non-financial organizations, management