Professional Documents
Culture Documents
2016PGP063
Title: Hedging Practices Used by Indian Companies in Managing Foreign
Exchange Risk
Objective: The author has studied the hedging practices for managing foreign
exchange risk of 50 export oriented Indian companies on various parameters like
hedging coverage, hedging policy decision, hedging tenure, hedging
instruments, number of currencies for hedging, hedging approach and
involvement, hedging strategies execution and hedging benefits and
implementation of their hedging practices.
Findings:
Overall it is a good research paper. The various parameters for analysing the
research paper are as follows:
1. Purpose clearly defined: The author has clearly defined the purpose of
the study. The author studied the various hedging practices followed by 50
export oriented companies and their outcomes.
2. Research Process Detailed: The author has explicitly explained the
research process. The steps are also mentioned clearly.
3. Research design thoroughly planned: The author explains the various
steps in sampling, questionnaire preparation, survey and statistical
analysis. The author also explains the data and methodology for the
research under a separate heading.
4. High ethical standards applied: The author has carried out the with
the highest standards of ethics. The sample of 50 companies was chosen
applying certain selection parameters for ensuring effectiveness of the
research. The data was also collected properly and through proper
channels.
5. Limitations frankly revealed: The author has mentioned the limitations
of the research under a heading. He emphasises on the limitations based
on the reliability of information/opinion gathered for the research
6. Adequate analysis for decision makers needs: The sample
companies chosen, the quality of questions in questionnaire, the literature
survey and the analysis done by the author shows that adequate analysis
has been done.
7. Findings presented unambiguously: The author has clearly mentioned
the findings. The author has also explained the findings explicitly from the
analysis of the answers from the questionnaire.
8. Conclusions justified: The author has concluded properly from his
findings from questionnaire answers and literature survey.
9. Researchers experience reflected: The author has used his previous
experiences to identify the research objective and proceeding to prepare a
good questionnaire.