Corporate Foreign Exchange Risk Manageme

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"Corporate Foreign Exchange Risk Management is a must-read for academics and practitioners teaching or working in the area of managing fx risk and international finance. The authors provide interesting insights on the many ways that fx risk impacts corporations. The book includes many illustrations and each chapter ends with Key Chapter Takeaways that I particularly enjoy reading. I highly recommend this book!" —Betty Simkins, Regents Professor of Finance and Williams Companies Chair in Business, Oklahoma State University; VP of Financial Education, Financial Management Association (FMA); member of Market Risk Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC) UNDERSTAND HOW FOREIGN EXCHANGE FLUCTUATIONS AFFECT YOUR ORGANIZATION Fluctuations in foreign exchange markets directly impact all organizations that actively participate in the global economic arena. Corporate Foreign Exchange Risk Management provides managers with a guide on how to manage foreign exchange risk that is accessible yet thorough, demystifying what can often be a complex topic. If you manage a balance sheet or profit and loss account affected by ForEx fluctuations, this book is an essential read. Exchange rate fluctuations can greatly affect corporate performance in the short and long terms. To navigate these ups and downs successfully, a manager must leverage knowledge of the economic principles of risk management, yet also have a thorough understanding of how risk management strategies form part of a firm's overall financial management. This guide offers the key tools and insights you need to manage the risk inherent in foreign exchange. 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.

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Pagina's: 224, Editie: Eerste editie, Hardcover, Wiley