The Impact of Risk Management in Multinational Corporations Hedging

Abstract

This paper showed the impact risk management in Multinational Corporations and how firms utilized hedging policies. The paper consist different variables in which firm value are dependent variable while independent variables are profitability, firm size, leverage and growth options. This study finds that hedging does not significantly effect on firm value while other financial factors such as profitability impact the value of firm. By selecting Media sector the paper examines, calculate and compare the company’s results.