Managing foreign exchange risk : essays commissioned in honor of the centenary of the Wharton School, University of Pennsylvania / edited by Richard J. Herring.

Format:

Book

Contributor:

Herring, Richard.

Global Interdependence Center.

Group of Thirty.

Wharton School.

Language:

English

Subjects (All):

Wharton School.

Foreign exchange--Congresses.

Foreign exchange.

Foreign exchange administration--Congresses.

Foreign exchange administration.

Genre:

Conference papers and proceedings.

Physical Description:

xiv, 235 pages : illustrations ; 24 cm

Other Title:

Foreign exchange risk.

Place of Publication:

Cambridge [Cambridgeshire] ; New York, NY : Cambridge University Press, 1983.

Summary:

Since the early 1970s exchange volatility has increased markedly. This increased volatility is a major concern not only for government policy makers but also corporations engaged in international activities, because their profitability may be sharply altered by unanticipated exchange rate movements. This situation has posed a challenge to academic researchers, but over the past decade considerable progress has been made in our ability to understand the causes of exchange rate fluctuations and their impact on economic foreign exchange risk and to assess investment opportunities generated by exchange rate fluctuations. This book is a collection of essays by academic experts from the fields of economics, finance, and accounting, and by several distinguished practitioners from international corporations and financial institutions. Together the essays present a broad, up-to-date survey of what we know about foreign exchange risk and how to cope with it.

Notes:

Based on essays and perspectives presented at a conference entitled Managing international risk, held in Philadelphia, Oct. 26-27, 1981, sponsored jointly by the Global Interdependence Center, the Group of Thirty, and the Wharton School, University of Pennsylvania.

Includes bibliographies and index.

ISBN:

052125079X

OCLC:

59241284