Table of contents
Conventional Hedging: An Inadequate Response to Long‐Term Foreign Exchange Exposure
Robert Grant, Luc A. SoenenSince the demise of the Bretton Woods System of quasi‐fixed exchange rates in the early seventies, unanticipated exchange rate movements are a fundamental feature of the…
Foreign Exchange Management: New Opportunities and a New Perspective
Christine R. HekmanForeign exchange exposure management has traditionally been viewed by corporate line management as a specialized and arcane corporate function. From its organizational position in…
Management of Accounting Exposure to Currency Changes: Role and Evidence of Agency Costs
Raj AggarwalThis paper contends that, contrary to conventional wisdom, it may be rational to manage translation exposure. Accounting procedures for the translation of foreign currency…
Use of Currency Options to Enhance Exchange Rate Forecasts
Jeff Madura, Alan L. Tucker, Emilio ZarrukSince the early 1980s, currency options have become a popular means for hedging foreign currency positions or speculating on anticipated movements in exchange rates. Yet, they can…
ECU Spot Rates, Interest Rates and Yields: Are There Arbitrage Opportunities?
Piet SercuFacts vs Fantasies about the ECU. Advantages frequently ascribed to the ECU include the following:
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson