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.
