FOREIGN EXCHANGE^ RISK MANAGEMENT PRACTICES AND …

FOREIGN EXCHANGE^ RISK MANAGEMENT PRACTICES AND USE OF PRODUCTS BY THE MANUFACTURING FIRMS IN THE WESTERN REGION OF MELBOURNE

Submitted by

ANTHONY DUROJAIYE MAYUNGBE

In partial fulfillment of the requirements for the Degree of Master of Business in Accounting and Finance

FACULTY OF BUSINESS VICTORIA UNIVERSITY OF TECHNOLOGY

AUGUST 1993.

FTS T 658.155099451 MAY 30001001863309 Mayungbe, Anthony Durojaiye Foreign exchange risk management practices and use of products by the

DECLARATION I hereby declare that this thesis contains no materials which has been accepted for the award of any other degree or diany University. To the best of my knowledge and belief, it contains no materials previously published or written by another person, except where due reference has been made in the text.

Anthony Durojaiye Mayungbe

DEDICATION To my mother Madam B.F Mayungbe

and My wife and Children

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ACKNOWLEDGEMENTS I wish to thank the Australian Intemationl Development Assistance Bureau for providing the award for this study. My sincere appreciation goes to Associate Professor Mary E.Sweeney, Department of Accounting and Law, Victoria University of Technology, for her unalloyed support in supervising the thesis. My appreciation also goes to Mrs F. A. Omodara for her relendess effort towards the success of my studies in Australia. I also thank Mr. LA. Oladapo for his assistance in the pursuit of my post graduate studies. Above all, I devote my sincere thanks to my friend. Late Mr. M. A. Adetona who contributed immensely towards my academic achievements.

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