In this essay, we discuss the requirements of a successful management of a company's exposure to foreign exchange risks. We argue that the company's performance is affected by foreign exchange risks at many different levels, which together with other risk factors calls for a holistic approach to the exposure. We highlight Enterprise Risk Management (ERM) as the best operationalization of such an approach.
Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives
Foreign Exchange Risk Management
Book Chapter
Reference
Oxelheim, Lars, Alf Alviniussen and Håkan Jankensgård (2021). “Foreign Exchange Risk Management”. In John Fraser, Robert Quail and Betty J. Simkins (Eds.), Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives (631–653). Hoboken, NJ: John Wiley & Sons.
Oxelheim, Lars, Alf Alviniussen and Håkan Jankensgård (2021). “Foreign Exchange Risk Management”. In John Fraser, Robert Quail and Betty J. Simkins (Eds.), Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives (631–653). Hoboken, NJ: John Wiley & Sons.
Authors
Lars Oxelheim, Alf Alviniussen,
Håkan Jankensgård
Editors
John Fraser,
Robert Quail,
Betty J. Simkins
