A reflection on Iran's export guarantee fund's credit coverage and how it affects the development of international activities of companies

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Research/Original Article (دارای رتبه معتبر)
Abstract:

Expanding the scope of business activities beyond the borders of countries, of which export is the most common method; is a matter whose importance is not hidden for companies and economic policy makers. But it requires the existence of conditions, which are more difficult for small and medium-sized companies. Information related to cross-border trade, empirical knowledge and physical facilities are some of the limitations of companies in this regard. The Export Guarantee Fund is one of the most important institutions responsible for preparing exports in the country, and credit insurance coverage is one of its most important tools in this regard, which provides a new capacity to overcome the complexities of export, because the said coverage is not only compensate the companies in case of happening the accident , but also the insurance coverage provided by the fund reduces the amount of risk faced by the exporting companies due to its infrastructure and requirements. This fact, along with the provided information, as well as facilitating the financing of companies, will provide the opportunity to develop business activities beyond the borders of the country. In this article, firstly, a classification of the nature of the export guarantee fund's credit coverage is provided, and secondly, the effect of these coverages on the development of the international activities of companies will be considered.

Language:
Persian
Published:
Journal of International Business Management, Volume:6 Issue: 1, 2023
Pages:
121 to 139
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