DocumentCode
922435
Title
Exchange-rate fluctuations and transaction exposure in the multinational corporation
Author
Babbel, D.F.
Author_Institution
University of California, Finance & International Business Department, Graduate School of Business Administration, Berkeley, USA
Volume
129
Issue
4
fYear
1982
fDate
6/1/1982 12:00:00 AM
Firstpage
261
Lastpage
264
Abstract
Exchange-rate fluctuations can cause variations in the economic value of a firm conducting business in more than one currency. The paper examines the problem in a mean-variance framework. Strategies are derived for the preferred instrument of exchange-rate exposure management and the optimal degree of maintained exposure.
Keywords
economics; management; economics; exchange rate fluctuations; exchange-rate exposure management; mean-variance; multinational corporation; transaction exposure;
fLanguage
English
Journal_Title
Physical Science, Measurement and Instrumentation, Management and Education - Reviews, IEE Proceedings A
Publisher
iet
ISSN
0143-702X
Type
jour
DOI
10.1049/ip-a-1.1982.0049
Filename
4645444
Link To Document