Publicação
Navigating financial risk management in Royal Caribbean Group: a study of interest rate risk
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Anjos, Fernando | |
| dc.contributor.author | Oliveira, Maria Margarida Brito de | |
| dc.date.accessioned | 2025-08-11T13:36:20Z | |
| dc.date.available | 2025-08-11T13:36:20Z | |
| dc.date.issued | 2025-01-21 | |
| dc.date.submitted | 2024-12-17 | |
| dc.description.abstract | This work investigates the financial risk management (FRM) practises of Royal Caribbean Group (RCG), focusing on its management of interest rate risk. Using a combination of financial impact modelling and market valuation analysis, the study evaluates RCG's current hedging strategies, including interest rate swaps, and their effectiveness in mitigating volatility, ensuring cash flow stability, and enhancing market confidence. Findings reveal that while RCG's existing strategies effectively reduce the downside risk (swaps lower volatility of interest expenses by 11.2%, for the 12 years), they limit potential gains when there are favourable market conditions. Recommendations include indexing new loans and their corresponding swap agreements to EURIBOR instead of SOFR for improved alignment with macroeconomic trends. | pt_PT |
| dc.identifier.tid | 203961390 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/186306 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Financial risk management | pt_PT |
| dc.subject | Market risk | pt_PT |
| dc.subject | Hedging strategies | pt_PT |
| dc.subject | Corporate finance | pt_PT |
| dc.subject | Financial instruments | pt_PT |
| dc.subject | Interest rate risk | pt_PT |
| dc.title | Navigating financial risk management in Royal Caribbean Group: a study of interest rate risk | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics | pt_PT |