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Einsatz von Zinsoptionen im Zinsrisikomanagement von Unternehmen: ---

Einsatz von Zinsoptionen im Zinsrisikomanagement von Unternehmen: ---

          
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About the Book

Studienarbeit aus dem Jahr 2006 im Fachbereich BWL - Investition und Finanzierung, Note: 1,3, Fachhochschule Erfurt, Veranstaltung: Investition und Finanzierung, Sprache: Deutsch, Abstract: Laut § 91 Absatz 2 AktG sind Vorstände von Aktiengesellschaften verpflichtet, ein Risikomanagementsystem im Unternehmen zu implementieren, damit "den Fortbestand der Gesellschaft gefährden¬de Entwicklungen früh erkannt" und bekämpft werden können. Als Risikomanagement wird im Generellen die Unternehmensführung unter Berücksichtigung der Unsicherheit verstanden. Elementarer Bestandteil des gesamtunternehmerischen Risikomanagementsystems ist das finanzwirtschaftliche Risikomanagement, welches u. a. die Aufgabe hat, die aus dem Abschluss von Finanztiteln und -kontrakten resultierenden Risiken zu analysieren und zu steuern. Das finanzwirtschaftliche Risikomanagement wird zum einen in die Risikoanalyse und zum anderen in die Risikopolitik aufgeteilt. Risikoanalyse hat die Funktion, finanzwirtschaftliche Risiken zu identifizieren, zu messen und zu kontrollieren. Hingegen versteht man unter Risikopolitik die konkrete Steurung des Risikos durch den Einsatz von strategischen und operativen Maßnahmen. Ziel der Arbeit ist es, die operativen Maßnahmen der finanzwirtschaftlichen Risikopolitik zu beleuchten unter der Fokussierung v. a. auf den Einsatz von derivativen Finanzinstrumenten. Dazu erfolgt im Kapitel 2 zunächst eine Abgrenzung des Geldmarktes vom Kapitalmarkt. Ferner werden die grundlegenden Formen des Kapitalmarktes und die Zinsbildung auf beiden Märkten sowie die unterschiedlichen Zinsstrukturtypen erläutert. Im Kapitel 3 steht die Anleihe als eines der bedeutendsten Zinsinstrumente im Mittelpunkt der Betrachtungen, bevor in Kapitel 4 unter Bezugnahme auf das dritte Kapitel das Zinsänderungsrisiko und seine Auswirkungen erklärt werden. Die Möglichkeiten zur Begrenzung der Zinsänderungsrisiken sind Thema des fünften und sechsten Kapitels, wobei letzteres auf den eigentlichen B


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Product Details
  • ISBN-13: 9783640157211
  • Publisher: Grin Verlag
  • Publisher Imprint: Grin Verlag
  • Height: 210 mm
  • No of Pages: 76
  • Series Title: German
  • Sub Title: ---
  • Width: 148 mm
  • ISBN-10: 3640157214
  • Publisher Date: 06 Sep 2008
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 5 mm
  • Weight: 113 gr


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