Özet:

In this study, we examine financial risk, risk management practices, use of derivatives and foreign exchange positions and the diclosures of financial risks of the companies. For this purposes we use the financial tables and footnotes of 67 non-financial firms in ISE100 index The findings of the study reveal that the companies are exposed to liquidity, credit, foreign exchange an interest rate risk respectively. Although the firms declare that they face the risk, but they don’t report their risk management techniques in detail. Most of the firms faced with credit risk explain their credit risk management techniques, however a few of them inform about the management techniques of risks other than credit risk.The most important result of the study is the level of dervatives usage. Although the companies in the sample are big, a few number of the company use derivative . Also disclosure of risk management does not provide sufficient information to the public

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