Sample survey research on financial risk management: A case of Croatian companies

The paper presents the authors' sample survey research findings on statistically significant dependence of usage of financial risks management instruments on characteristics of Croatian firms, such as ownership type and application of controlling function. The main activity and managers' need for further education about risk protection did not appear to be in significant dependence on managing risks activity. The liquidity risk appeared to be more serious than currency risk and interest rate risk. Low practical efficiency of instruments was the main reason for non-usage of more protection.