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.
- ISBN10 0471920134
- ISBN13 9780471920137
- Publish Date 29 June 1988 (first published 1 July 1987)
- Publish Status Out of Print
- Out of Print 2 July 2001
- Publish Country GB
- Publisher John Wiley and Sons Ltd
- Imprint John Wiley & Sons Ltd
- Edition New edition
- Format Paperback
- Pages 268
- Language English