RMC. The item under financial risk, 'credit' was rated by the respondents as the most important disclosure. …

Purpose –This paper aims to explore the possible use of credit derivatives by corporate treasurers. Corporations have … example, interest rate and foreign exchange risk. Credit risk, on the other hand, has proven a more difficult animal to tame …. Whilst avenues for the management of credit risk do exist, for example, by the use of traditional insurance products and …

. Findings – It is found that companies are more likely to minimize losses and maximize profits if they can obtain credit at a … positive profits. The corollary lesson is that credit is valuable, and having substantial credit obtainable at low rates is so …