1st Edition
by Lars Oxelheim (Author), Alf Alviniussen (Author), Hakan Jankensgard (Author)
A practical and accessible guide that demystifies ForEx risk for managers in all areas of business
Virtually
any organisation active in the global economy is impacted by
fluctuations in foreign exchange (FX or ForEx) markets. Managers need to
understand this increasingly complex issue and measure their firm’s
exposure to risk. Corporate Foreign Exchange Risk Management is
an in-depth yet accessible guide on effective ForEx exposure management.
Designed for professionals responsible for managing a profit & loss
or balance sheet influenced by ForEx fluctuations, it enables risk
managers to navigate the interconnected worlds of financial management
and economics.
This innovative guide integrates academic
discussion of the economics of risk management decisions and pragmatic
advice for various situations in which performance measures affected by
accounting standards are paid considerable attention. Readers are
provided with the tools and knowledge required to handle a broad range
of issues related to ForEx risk management. Clear, non-technical
chapters demystify concepts that often appear complicated and confusing
to managers. Written by globally-recognised experts in corporate
finance, risk management and international business, this book:
- Employs a reader-friendly narrative style to explain complex concepts
- Provides a clear, actionable risk management strategy which can be used in a variety of businesses
- Places all concepts in relatable, real-world contexts
- Explains important academic research to practitioners in plain English
- Includes
effective pedagogical tools and explanations, straightforward examples
and end-of-chapter summaries which highlight key points
Corporate Foreign Exchange Risk Management is
a must-read for any manager who deals with corporate exposure to ForEx
risk, as well as analysts wishing to better understand the relation
between corporate performance and ForEx fluctuations and students of
corporate risk management.
