Journal of Risk Management and Insurance: Vol. 19 No. 1 (2015)
(Assumption University Press, 2015)
This research studied the risk management of price volatility/or sugar in Thailand, due to intense competition from other countries. It considers four hedging instruments and explores which are used (if any) and the criteria used to select these. Data was collected from the owner or manager in 47 Thai sugar mills. The data was analyzed using arithmetic mean, median, mode, interquartile range, and standard deviation.