Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises

Detalhes bibliográficos
Autor(a) principal: Skabeeva, Larisa
Data de Publicação: 2022
Outros Autores: Shaliapina, Marina, Panova, Nataliia, Nikolskaya, Elena, Lebedeva, Olga
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Anais Brasileiros de Estudos Turísticos
Texto Completo: https://periodicos.ufjf.br/index.php/abet/article/view/37857
Resumo: The study takes a look at the approaches to the foreign exchange risk management of tourism and hospitality industry enterprises as the expansion of foreign economic activity requires improving the efficiency of managing such risks. Transfer pricing is considered one of the most effective methods for regulating foreign exchange risk. The conceptual principles of foreign exchange risk management are developed with consideration of the place and goals of an enterprise in the tourism and hospitality industry, as well as the features of the internal and external environments, that create the prerequisites for increasing the efficiency of the organizational and economic mechanism. It is concluded that approaches to developing a program to improve the efficiency of managing risks under study determine the optimal combination of organizational and software-integrated aspects that reduce the level of risk to the optimum, given a steady increase in competitiveness and profitability.
id UFJF-2_5404262bdf073a441a91b44646434d0c
oai_identifier_str oai:periodicos.ufjf.br:article/37857
network_acronym_str UFJF-2
network_name_str Anais Brasileiros de Estudos Turísticos
repository_id_str
spelling Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry EnterprisesMejora de la Gestión del Riesgo Cambiario en las Empresas de Turismo y HosteleríaMelhoria da Gestão do Risco Cambial nas Empresas do Turismo e da Indústria HoteleiraTourism and hospitality industryEfficiencyMechanismDevelopmentProgramTurismo y hosteleríaEficienciaMecanismoDesarrolloProgramaTurismo e indústria hoteleiraEficáciaMecanismoDesenvolvimentoProgramaThe study takes a look at the approaches to the foreign exchange risk management of tourism and hospitality industry enterprises as the expansion of foreign economic activity requires improving the efficiency of managing such risks. Transfer pricing is considered one of the most effective methods for regulating foreign exchange risk. The conceptual principles of foreign exchange risk management are developed with consideration of the place and goals of an enterprise in the tourism and hospitality industry, as well as the features of the internal and external environments, that create the prerequisites for increasing the efficiency of the organizational and economic mechanism. It is concluded that approaches to developing a program to improve the efficiency of managing risks under study determine the optimal combination of organizational and software-integrated aspects that reduce the level of risk to the optimum, given a steady increase in competitiveness and profitability.El estudio examina los enfoques de la gestión del riesgo cambiario de las empresas del sector del turismo y la hostelería, ya que la expansión de la actividad económica en el extranjero exige mejorar la eficacia de la gestión de dichos riesgos. Los precios de transferencia se consideran uno de los métodos más eficaces para regular el riesgo cambiario. Los principios conceptuales de la gestión del riesgo cambiario se desarrollan teniendo en cuenta el lugar y los objetivos de una empresa en la industria del turismo y la hostelería, así como las características del entorno interno y externo, que crean los requisitos previos para aumentar la eficiencia del mecanismo organizativo y económico. Se concluye que los enfoques para el desarrollo de un programa de mejora de la eficiencia de la gestión de los riesgos objeto de estudio determinan la combinación óptima de aspectos organizativos y de software integrados que reducen el nivel de riesgo al óptimo, dado un aumento constante de la competitividad y la rentabilidad.O estudo analisa as abordagens à gestão do risco cambial das empresas do turismo e da indústria hoteleira, uma vez que a expansão da actividade económica estrangeira exige a melhoria da eficiência da gestão de tais riscos. Os preços de transferência são considerados um dos métodos mais eficazes para regular os riscos cambiais. Os princípios conceituais de gestão do risco cambial são desenvolvidos tendo em consideração o lugar e os objectivos de uma empresa na indústria do turismo e da hotelaria, bem como as características do ambiente interno e externo, que criam os pré-requisitos para aumentar a eficiência do mecanismo organizacional e econômico. Conclui-se que as abordagens ao desenvolvimento de um programa para melhorar a eficiência da gestão de riscos em estudo determinam a combinação óptima de aspectos organizacionais e de software integrados que reduzem o nível de risco ao óptimo, dado um aumento constante da competitividade e rentabilidade.Universidade Federal de Juiz de Fora/UFJF2022-11-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.ufjf.br/index.php/abet/article/view/3785710.5281/zenodo.7402526Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Special Issue (2022): "Special Issue of Collected Papers from Russia and Eurasia: Tourism in an Eastern Context and Perspective"Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Special Issue (2022): "Special Issue of Collected Papers from Russia and Eurasia: Tourism in an Eastern Context and Perspective"Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Edição Especial (2022): "Edição Especial de Documentos Coletados da Rússia e Eurásia: Turismo numa Perspectiva e Contexto Orientais"2238-2925reponame:Anais Brasileiros de Estudos Turísticosinstname:Universidade Federal de Juiz de Fora (UFJF)instacron:UFJFenghttps://periodicos.ufjf.br/index.php/abet/article/view/37857/25256Copyright (c) 2022 Anais Brasileiros de Estudos Turísticoshttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccess Skabeeva, LarisaShaliapina, Marina Panova, Nataliia Nikolskaya, Elena Lebedeva, Olga 2024-03-22T21:17:16Zoai:periodicos.ufjf.br:article/37857Revistahttps://periodicos.ufjf.br/index.php/abet/indexPUBhttps://periodicos.ufjf.br/index.php/abet/oairevista.abet@ufjf.edu.br || thiago.pimentel@ufjf.edu.br2238-29252238-2925opendoar:2024-03-22T21:17:16Anais Brasileiros de Estudos Turísticos - Universidade Federal de Juiz de Fora (UFJF)false
dc.title.none.fl_str_mv Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
Mejora de la Gestión del Riesgo Cambiario en las Empresas de Turismo y Hostelería
Melhoria da Gestão do Risco Cambial nas Empresas do Turismo e da Indústria Hoteleira
title Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
spellingShingle Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
Skabeeva, Larisa
Tourism and hospitality industry
Efficiency
Mechanism
Development
Program
Turismo y hostelería
Eficiencia
Mecanismo
Desarrollo
Programa
Turismo e indústria hoteleira
Eficácia
Mecanismo
Desenvolvimento
Programa
title_short Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
title_full Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
title_fullStr Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
title_full_unstemmed Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
title_sort Improvement of Foreign Exchange Risk Management in Tourism and Hospitality Industry Enterprises
author Skabeeva, Larisa
author_facet Skabeeva, Larisa
Shaliapina, Marina
Panova, Nataliia
Nikolskaya, Elena
Lebedeva, Olga
author_role author
author2 Shaliapina, Marina
Panova, Nataliia
Nikolskaya, Elena
Lebedeva, Olga
author2_role author
author
author
author
dc.contributor.author.fl_str_mv Skabeeva, Larisa
Shaliapina, Marina
Panova, Nataliia
Nikolskaya, Elena
Lebedeva, Olga
dc.subject.por.fl_str_mv Tourism and hospitality industry
Efficiency
Mechanism
Development
Program
Turismo y hostelería
Eficiencia
Mecanismo
Desarrollo
Programa
Turismo e indústria hoteleira
Eficácia
Mecanismo
Desenvolvimento
Programa
topic Tourism and hospitality industry
Efficiency
Mechanism
Development
Program
Turismo y hostelería
Eficiencia
Mecanismo
Desarrollo
Programa
Turismo e indústria hoteleira
Eficácia
Mecanismo
Desenvolvimento
Programa
description The study takes a look at the approaches to the foreign exchange risk management of tourism and hospitality industry enterprises as the expansion of foreign economic activity requires improving the efficiency of managing such risks. Transfer pricing is considered one of the most effective methods for regulating foreign exchange risk. The conceptual principles of foreign exchange risk management are developed with consideration of the place and goals of an enterprise in the tourism and hospitality industry, as well as the features of the internal and external environments, that create the prerequisites for increasing the efficiency of the organizational and economic mechanism. It is concluded that approaches to developing a program to improve the efficiency of managing risks under study determine the optimal combination of organizational and software-integrated aspects that reduce the level of risk to the optimum, given a steady increase in competitiveness and profitability.
publishDate 2022
dc.date.none.fl_str_mv 2022-11-30
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.ufjf.br/index.php/abet/article/view/37857
10.5281/zenodo.7402526
url https://periodicos.ufjf.br/index.php/abet/article/view/37857
identifier_str_mv 10.5281/zenodo.7402526
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://periodicos.ufjf.br/index.php/abet/article/view/37857/25256
dc.rights.driver.fl_str_mv Copyright (c) 2022 Anais Brasileiros de Estudos Turísticos
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2022 Anais Brasileiros de Estudos Turísticos
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Federal de Juiz de Fora/UFJF
publisher.none.fl_str_mv Universidade Federal de Juiz de Fora/UFJF
dc.source.none.fl_str_mv Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Special Issue (2022): "Special Issue of Collected Papers from Russia and Eurasia: Tourism in an Eastern Context and Perspective"
Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Special Issue (2022): "Special Issue of Collected Papers from Russia and Eurasia: Tourism in an Eastern Context and Perspective"
Anais Brasileiros de Estudos Turísticos; ABET, Vol. 12, Edição Especial (2022): "Edição Especial de Documentos Coletados da Rússia e Eurásia: Turismo numa Perspectiva e Contexto Orientais"
2238-2925
reponame:Anais Brasileiros de Estudos Turísticos
instname:Universidade Federal de Juiz de Fora (UFJF)
instacron:UFJF
instname_str Universidade Federal de Juiz de Fora (UFJF)
instacron_str UFJF
institution UFJF
reponame_str Anais Brasileiros de Estudos Turísticos
collection Anais Brasileiros de Estudos Turísticos
repository.name.fl_str_mv Anais Brasileiros de Estudos Turísticos - Universidade Federal de Juiz de Fora (UFJF)
repository.mail.fl_str_mv revista.abet@ufjf.edu.br || thiago.pimentel@ufjf.edu.br
_version_ 1798044891615330304

Registros relacionados