Macroeconomic Uncertainty
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Macroeconomic Uncertainty: International Risks and Opportunities for the Corporation

Macroeconomic Uncertainty: International Risks and Opportunities for the Corporation

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About the Book

A much needed bridge between financial and commercial decision making is provided by this comprehensive coverage of macroeconomic uncertainty. Exposure to macroeconomic events such as monetary and fiscal policies, oil price changes etc, are measured as coefficients of cash flow sensitivity to actual events, or to exchange rates, interest rates, inflation, and prices in such a way that the exposure to each variable is isolated from the exposure to other variables. An important aspect of risk management is the selection of an operational strategy, based on which exposures can be hedged and covered. The basis for such strategy selection is discussed and information needs associated with each strategy are identified. This book should be of interest to senior managers in finance, marketing or production, company treasurers, bankers, auditors, and advanced students of international business, strategic planning or economics. The cloth edition of this book was published in 1987.

Table of Contents:
The International Environment of the Firm; Corporate Risks: Who Cares?; Managing Corporate Macroeconomic Exposure--A Review of Current Approaches; Appendix III.1: Measuring Translation Exposure Under FASB 8 and FASB 52: An Example; Appendix III.2: The Purchasing Power Parity Theory and Real Exchange Rate Theories Appendix III.3: Fisher Open: Interest Rates and Expected Exchange Rates Changes; A Comprehensive Approach to Measuring and Hedging Macroeconomic Exposure; Appendix IV.1: The Exposure of Manufacturing Industries: Econometrics A Framework for Determination of Exposure Management Strategy and Information Needs; The Impact of Macroeconomic Disturbances on the Firm--A Scenario Approach; Evaluation and Feedback; Concluding Remarks; Index.


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Product Details
  • ISBN-13: 9780471920137
  • Publisher: John Wiley and Sons Ltd
  • Publisher Imprint: John Wiley & Sons Ltd
  • Edition: New edition
  • Language: English
  • Sub Title: International Risks and Opportunities for the Corporation
  • Width: 150 mm
  • ISBN-10: 0471920134
  • Publisher Date: 29 Jun 1988
  • Binding: Paperback
  • Height: 230 mm
  • Returnable: N
  • Weight: 400 gr


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