해외자원개발기업의 리스크 관리 방안에 관한 사례연구

A Case Study on the Management of the Risk for Overseas Resources Development Companies in South Korea

The objective of this paper is to perform a case study on some of Korean firms which undertake overseas resources development and to set up a ground for effective risk management policies from firms and government s perspective. Risks associated with overseas resources development can be classified into three categories such as technical risk, financial risk and political risk. For in-depth case study, the most active top 10 firms are selected and closely surveyed The result shows that most of the firms studied maintain sort of technical risk management system, even mostly relying on outsourcing. As for the financial risk management, simple hedging method using forward contracts are implemented in most of the firms and no other systematic risk management systems are attempted. Only political risks are found to be monitored in a continuous manner. This study suggests some policy implications such as improving technical capability, establishing independent risk management system, and introducing well orchestrated government s efforts with related finns.