Corporate Foreign Exchange Risk Management

ISBN-13: 9781119598862 / Angielski / Twarda / 2020 / 224 str.

Lars Oxelheim; Alf Alviniussen; Hakan Jankensgard

Spis treści

Acknowledgements viiAbout the Authors ixPreface xiiiKey Terms and Abbreviations xviiIntroduction 1Chapter 1: Why Manage Foreign Exchange Risk? 15Chapter 2: Commercial Exposure to FX 29Chapter 3: Net Income Exposure to FX 49Chapter 4: Balance Sheet Exposure to FX 65Chapter 5: FX Derivatives Explained 83Chapter 6: Hedge Accounting Explained 105Chapter 7: Centralizing Exposure Management 127Chapter 8: Integrated Risk Management 141Chapter 9: Managing FX Risk Exposures 159Chapter 10: Communicating FXRM 177Index 199

O autorze

HÅKAN JANKENSGÅRD is Associate Professor in Corporate Finance at Lund University where he teaches a Master-level course in corporate risk management. He has done extensive academic research on firms' risk management strategies and frameworks for integrated risk management. Previously, Dr Jankensgård was corporate risk manager at Norsk Hydro.ALF ALVINIUSSEN has 42 years of experience in leading positions within Corporate Finance and Treasury at Norsk Hydro ASA. Mr Alviniussen is now an independent consultant and since 2013 a member of Stakeholder Groups of the EU regulatory bodies European Banking Authority (EBA) and European Insurance and Occupational Pension Authority (EIOPA).LARS OXELHEIM is professor of International Business and Finance at the University of Agder, Kristiansand, Norway and affiliated with the Research Institute of Industrial Economics (IFN), Stockholm, Sweden. His research interests include the interplay between the firm and its macroeconomic environment, encompassing economic and financial integration as well as managerial aspects, corporate governance, and risk management. He has published some 45 books and numerous academic articles many of which address macroeconomic influences on corporate performance.