Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

An empirical comparative analysis of various issues of foreign trade among firms in South‐East Asian countries

An empirical comparative analysis of various issues of foreign trade among firms in South‐East... Purpose – The purpose of this paper is to conduct a comparative analysis of the various issues faced by firms involved in foreign trade in Brunei Darussalam and Singapore. It tries to delineate the issues or concerns in export and import trade that are significant, but of either same or different magnitudes in these countries. It also attempts to determine the concerns that are of lesser extent for both importers and exporters, and extent of usage of insurance against non‐payment of export debts, and/or loss of goods in transit. Design/methodology/approach – Judgment and snowball sampling methods are employed to collect data from various companies in these countries. The results are analyzed from two samples of 42 and 25 responding firms of Brunei Darussalam, and Singapore, respectively. Descriptive statistics is used to present and analyze the data. Findings – The paper highlights the various important issues related to foreign trade by firms. The issues that are significant, but are of the same magnitudes in these countries along with the issues that are of different magnitudes are mentioned. Furthermore, concerns of lesser extent for both importers and exporters along with a comparative analysis of buying insurance by firms are also mentioned. Research limitations/implications – The results are basically from the various trading companies involved in foreign trade in Brunei Darussalam and Singapore. The sample size of firms from Singapore may be another limiting factor. Originality/value – This study fills the gap in the existing literature about current issues prevalent in these countries. Furthermore, some suggestions to reduce the concerns of foreign trade are also mentioned in the paper. The findings may be useful for financial institutions interested in providing better services to the firms. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Journal of Risk Finance Emerald Publishing

An empirical comparative analysis of various issues of foreign trade among firms in South‐East Asian countries

Rajeshwar Sirpal
The Journal of Risk Finance , Volume 12 (5): 18 – Nov 8, 2011
Download PDF
18 pages

Loading next page...
 
/lp/emerald-publishing/an-empirical-comparative-analysis-of-various-issues-of-foreign-trade-KTKc9DMRyp
Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
1526-5943
DOI
10.1108/15265941111176118
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to conduct a comparative analysis of the various issues faced by firms involved in foreign trade in Brunei Darussalam and Singapore. It tries to delineate the issues or concerns in export and import trade that are significant, but of either same or different magnitudes in these countries. It also attempts to determine the concerns that are of lesser extent for both importers and exporters, and extent of usage of insurance against non‐payment of export debts, and/or loss of goods in transit. Design/methodology/approach – Judgment and snowball sampling methods are employed to collect data from various companies in these countries. The results are analyzed from two samples of 42 and 25 responding firms of Brunei Darussalam, and Singapore, respectively. Descriptive statistics is used to present and analyze the data. Findings – The paper highlights the various important issues related to foreign trade by firms. The issues that are significant, but are of the same magnitudes in these countries along with the issues that are of different magnitudes are mentioned. Furthermore, concerns of lesser extent for both importers and exporters along with a comparative analysis of buying insurance by firms are also mentioned. Research limitations/implications – The results are basically from the various trading companies involved in foreign trade in Brunei Darussalam and Singapore. The sample size of firms from Singapore may be another limiting factor. Originality/value – This study fills the gap in the existing literature about current issues prevalent in these countries. Furthermore, some suggestions to reduce the concerns of foreign trade are also mentioned in the paper. The findings may be useful for financial institutions interested in providing better services to the firms.

Journal

The Journal of Risk Finance – Emerald Publishing

Published: Nov 8, 2011

Keywords: Brunei Darussalam; Singapore; Foreign trade; Exports; Imports; Insurance; Issues of export or import trade; Insurance against non‐payment of export debt; Judgment sampling; Snowball sampling

References

  • Managing foreign exchange risk among Ghanaian firms
    Abor, J.
  • International payment risk: what are the best methods to ensure that an importer in a territory new to your firm will honour its debts?
    Boczko, A.
  • Investments
    Bodie, Z.; Kane, A.; Marcus, A.
  • The effect of exchange rate movements on non‐financial UK firms
    Bradley, K.; Moles, P.
  • Applied Business Research – Qualitative and Quantitative Methods
    Cavana, R.Y.; Delahaye, B.L.; Sekaran, U.
  • An Introduction to Derivatives & Risk Management
    Chance, D.M.
  • Letter of credit – how to secure your payment‐be aware of potential traps in L/C payment
    Chatterjee, A.K.
  • Hedging strategies for foreign exchange risks
    Cherin, A.C.; Salehizadeh, M.
  • Collecting your exporting dollars
    Collins, M.
  • Fundamentals of Investments – Valuation and Management
    Corrado, C.J.; Jordan, B.D.
  • Risky business
    Dhanani, A.
  • Risk management practices of German firms
    Fatemi, A.; Glaum, M.
  • Maximizing profitability in international trade
    Gatti, M.M.
  • Risk management practices of Islamic banks of Brunei Darussalam
    Hassan, A.
  • Managing risks in foreign exchange
    Lietaer, B.A.
  • International Financial Management
    Madura, J.
  • Optimal hedging and foreign exchange risk
    Nancy, B.
  • How is Foreign Exchange Risk Managed? An Empirical Study Applied to Two Swiss Companies
    Popov, V.; Stutzmann, Y.
  • Methods of payment and foreign‐exchange risk management among firms in Brunei Darussalam
    Sirpal, R.