Perception of Financial And Payment Terms Risks: The Analysis of Aegean Exporters

  • Aykan Candemir Ege University, Faculty of Economics and Business Administration
  • Ali Erhan Zalluhoğlu Ege University, Faculty of Economics and Business Administration
  • Erdal Demiralay HRM (Human Resources Management)
Keywords: Risk perception, international trade, payment terms, financial risk, exporting firms.

Abstract

In recent years, the volume of international trade has increased enormously due to the effects of globalization and liberalization of trade. However, political and economic changes, changes in consumer demand, market structures, product and market life cycles, domestic and foreign competition and the degree of effects caused by these changes became more and more significant. Such changes force the firms making or intending to make business globally to implement dynamic strategies and action plans. Considering above mentioned points, this study aims to explore the risks perceived by the exporting firms about financial risk and payment terms within the context of international trade. The firms are analyzed depending on various criteria (i.e. export intensity, firm size, sectors, geographical locations, export activity, age of the firms, export experience). The results of the study indicates that risk perceptions of exporter firms operating in the Aegean Region of Turkey vary by operating in various sectors, sizes, geographical location, types of export activity, age. On the other hand export intensity and experience of exporters do not affect the risk perceptions of exporter firms significantly.

Author Biographies

Aykan Candemir, Ege University, Faculty of Economics and Business Administration
Assistant Professor, Department of Business Administration
Ali Erhan Zalluhoğlu, Ege University, Faculty of Economics and Business Administration
Research Assistant, Department of Business Administration
Published
2011-10-08
How to Cite
Candemir, A., Zalluhoğlu, A., & Demiralay, E. (2011). Perception of Financial And Payment Terms Risks: The Analysis of Aegean Exporters. International Journal of Contemporary Economics and Administrative Sciences, 1(3), 188-207. Retrieved from http://ijceas.com/index.php/ijceas/article/view/16
Section
Articles