The Valuation of Market Risks in IT Companies

Student: Voitelev Vladimir

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

This study investigated foreign exchange rate risk and interest rate risk exposure of 121 samples of listed IT companies for the period 2010-2015. Jorion model approach is used to measure the exposure, moreover world market index was included into the model. However, there are a lot of companies from different countries, world exchange rate index TWEXB was used. The results indicate from 8 % to 27% companies affected from the exchange rate changes and find significant exposure to interest rate risk (from 10% to 80%).

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