RISK TYPES OF CONSTRUCTION SECTOR AND FOREIGN EXCHANGE RATE RISK WHICH IS A FINANCIAL RISK Cover Image

İNŞAAT SEKTÖRÜNDE RİSK TÜRLERİ VE FİNANSAL BİR RİSK OLARAK KUR RİSKİ
RISK TYPES OF CONSTRUCTION SECTOR AND FOREIGN EXCHANGE RATE RISK WHICH IS A FINANCIAL RISK

Author(s): Ibrahim Yilmaz
Subject(s): Social Sciences, Economy, Sociology of the arts, business, education, Economic development, Financial Markets, Business Ethics, Sociology of Politics, Socio-Economic Research
Published by: Sage Yayınları
Keywords: Financial Risk; Construction Projects; Risk Category; Exchange Rate Risk; Currency Units;

Summary/Abstract: In this study, the resulting risk types in the construction sector and the exchange rate risks occurring in the construction projects using foreign currencies are examined. This purpose, two different types of risks, including strategic and operational categories, are established. Identifying two types of risk as general business risks and project risks, they are subdivided under the category of risk. In the subclassification, currency risk included within the scope of financial risks has arisen in construction projects carried out using different currencies. In order to measure the impact of exchange rate risks, construction projects whose revenues and costs of different currencies, have been taken as a sample. Revenue and cost calculations have been performed by taking into account changes in exchange rates over the years. In the calculations, differences have been detected in negative direction between initial projected cost and profit targets and multiyear occurred cost and profit.

  • Issue Year: 8/2016
  • Issue No: 32
  • Page Range: 521-529
  • Page Count: 9
  • Language: Turkish