Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK
The weather has an enormous impact on the cash flow of a company. Weather risk has serious implications for a plethora of industries ranging from energy producers, agro industries, beverages producers to ski resorts and golf courses. According to US Department of Commerce, $1 trillion of their econo...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2005
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| Online Access: | https://eprints.nottingham.ac.uk/20010/ |
| _version_ | 1848792000691699712 |
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| author | Ray, Chiranjib |
| author_facet | Ray, Chiranjib |
| author_sort | Ray, Chiranjib |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The weather has an enormous impact on the cash flow of a company. Weather risk has serious implications for a plethora of industries ranging from energy producers, agro industries, beverages producers to ski resorts and golf courses. According to US Department of Commerce, $1 trillion of their economy is sensitive to weather. An estimated 70 per cent of all businesses are affected by weather that extends across geographic and market borders.
A literature review revealed that the end-users of weather derivatives are mostly energy and utilities companies. Not much has been written about the use of weather derivatives by the beverages industry. This dissertation tries to explore the level of understanding of the management in the beverages sector about the potential merits and de-merits of weather derivatives as a risk management tool. Interviews and a questionnaire are used to analyse the level of awareness about this risk mitigating tool within the industry.
A lot of interesting issues emerged during this research that explained the apparent lack of enthusiasm among the breweries and beverages companies to embrace weather derivatives more wholeheartedly as witnessed in the energy sector. |
| first_indexed | 2025-11-14T18:37:27Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-20010 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:37:27Z |
| publishDate | 2005 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-200102018-02-03T09:02:19Z https://eprints.nottingham.ac.uk/20010/ Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK Ray, Chiranjib The weather has an enormous impact on the cash flow of a company. Weather risk has serious implications for a plethora of industries ranging from energy producers, agro industries, beverages producers to ski resorts and golf courses. According to US Department of Commerce, $1 trillion of their economy is sensitive to weather. An estimated 70 per cent of all businesses are affected by weather that extends across geographic and market borders. A literature review revealed that the end-users of weather derivatives are mostly energy and utilities companies. Not much has been written about the use of weather derivatives by the beverages industry. This dissertation tries to explore the level of understanding of the management in the beverages sector about the potential merits and de-merits of weather derivatives as a risk management tool. Interviews and a questionnaire are used to analyse the level of awareness about this risk mitigating tool within the industry. A lot of interesting issues emerged during this research that explained the apparent lack of enthusiasm among the breweries and beverages companies to embrace weather derivatives more wholeheartedly as witnessed in the energy sector. 2005 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/20010/1/05MBAlixcr2.pdf Ray, Chiranjib (2005) Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK. [Dissertation (University of Nottingham only)] (Unpublished) WEATHER DERIVATIVES |
| spellingShingle | WEATHER DERIVATIVES Ray, Chiranjib Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title | Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title_full | Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title_fullStr | Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title_full_unstemmed | Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title_short | Weather Derivatives as A Risk Management Tool for Beverages Manufacturers and Breweries in The UK |
| title_sort | weather derivatives as a risk management tool for beverages manufacturers and breweries in the uk |
| topic | WEATHER DERIVATIVES |
| url | https://eprints.nottingham.ac.uk/20010/ |