ABSTRACT
This chapter, which is the last chapter, summarises and brings together the implications, recommendations and suggestion for future research. This study has several implications regarding the need for risk management efficiency measurement that integrates a dollar-offset ratio with the DEA method. Based on this integrated approach, a mechanism for developing a new approach that includes contextual as well as methodological elements is set out. Based on this measurement approach, strategies are provided for banks to improve their strategic risk management practices, as well as reduce the impacts from external risks, such as changes in interest rates and exchange rates. Furthermore, as risk management strategies based on derivative usages will continue to be important business tools for managing banks’ risk management activities, they are expected to improve banks’ risk management policies by helping banks to keep abreast of recent developments in the field of efficiency studies in management accounting, specifically in hedge accounting used by banks in the Asia-Pacific region.
