ZD果汁公司外汇风险管理研究

发布时间：2018-04-02 10:17

本文选题：外汇风险　切入点：外汇风险评价体系　出处：《黑龙江八一农垦大学》2017年硕士论文

【摘要】：自2008年金融危机后,人民币汇率出现更大程度的波动。随着人民币利率市场化的加深,人民币国际化的推进以及2016年人民币正式加入SDR等一系列事件,汇率的频繁波动给我国进出口企业经营带来了诸多不确定性因素。由于我国对外贸易的企业基本采用外币计价,因此汇率的变化给企业带来了外汇风险。尽管如此,大多数拥有进出口业务的企业对外汇风险的认识和管理依然停留在被动接受的初级阶段,缺乏主动有效的管理和应对,外汇风险不但会使进出口企业的资产利润等面临缩水,还会使企业价值大打折扣。因此,进出口企业如何防范外汇风险并加强外汇风险管理成为企业必须面对的关键问题。本文以山东省ZD果汁公司为研究对象,以降低ZD果汁公司外汇风险实现优化管理为目的展开研究。首先对国内外研究动态和“外汇风险”、“外汇风险管理”和“分散风险”等理论进行了阐述。其次,利用相关理论和实地调查法对ZD果汁公司的基本情况和经济风险、折算风险及交易风险进行识别与评估,并通过实地调研查找出ZD果汁公司在外汇风险管理上存在组织机构不健全、方法单一、缺少风险评价体系等问题。再次,在明确外汇风险评价目标及原则的基础上,利用层次分析法构建ZD果汁公司外汇风险评价体系,把ZD果汁公司的外汇风险进行量化和等级化,对公司决策具有参考价值。最后,针对之前发现的问题和评估的结果从方法、组织、监控等方面提出了降低ZD果汁公司外汇风险的对策建议,对ZD果汁公司和其他类似外贸公司的日常外汇风险管理具有现实意义。
[Abstract]:Since the financial crisis in 2008, the RMB exchange rate has increased volatility.With the deepening of RMB interest rate liberalization, the promotion of RMB internationalization and the entry of RMB into SDR in 2016, the frequent fluctuation of exchange rate brings many uncertain factors to the management of import and export enterprises in China.Foreign exchange rate changes bring foreign exchange risk to Chinese foreign trade enterprises.Nevertheless, the knowledge and management of foreign exchange risks in most enterprises with import and export operations remain at the initial stage of passive acceptance and lack of active and effective management and response.Foreign exchange risk will not only reduce the profits of import and export enterprises, but also reduce the value of enterprises.Therefore, how to prevent the foreign exchange risk and strengthen the foreign exchange risk management become the key problem that the import and export enterprises must face.The purpose of this paper is to reduce the foreign exchange risk of ZD juice company and optimize its management.Firstly, the research trends and theories of "foreign exchange risk", "foreign exchange risk management" and "decentralized risk" are expounded.The problems of ZD juice company in foreign exchange risk management, such as imperfect organization, single method and lack of risk evaluation system, are found through field investigation.Thirdly, on the basis of defining the objectives and principles of foreign exchange risk evaluation, the paper constructs the foreign exchange risk evaluation system of ZD juice company by using analytic hierarchy process, and quantifies and ranks the foreign exchange risk of ZD juice company, which has reference value for company decision-making.Finally, in view of the problems found before and the evaluation results, the countermeasures and suggestions to reduce the foreign exchange risk of ZD juice company are put forward from the aspects of method, organization, monitoring and so on.It is of practical significance to the daily foreign exchange risk management of ZD juice company and other similar foreign trade companies.
【学位授予单位】：黑龙江八一农垦大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.6;F426.82

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