Abstract: The paper explores the relevance of case-research method in understanding the critical parameters, factors and variables relevant in a complex situation and their inter se relationships. After examining the literature on the case research method the paper takes up the subject of forex risk management as a topic of study and attempts the case-research method to the understanding of this topic. The authors have compiled 64 cases relating to the topic and through a detailed analysis of these cases have arrived at the critical parameters and their inter-relationships. With a clear understanding of these, the authors have been able to come up with the framework of a generic strategy to manage the forex risk of firms. The authors conclude that case-research method is quite effective in unraveling the intricacies of a complex managerial situation.
Keywords: Case-research Method. Recognition of Patterns. Inductive Logic. Validation through examples. Generic strategy for Forex risk management.
Title: Effectiveness of Case-Research Method in Explaining the Intricacies of Forex Risk Management
Author: P Bala Bhaskaran, P K Priyan
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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