haku: @journal_id 571 / yhteensä: 1184
viite: 252 / 1184
Tekijä: | Grant, R. Soenen, L. |
Otsikko: | Strategic management of operating exposure |
Lehti: | European Management Journal
2004 : FEB, VOL. 22:1, p. 53-62 |
Asiasana: | Strategic management Exchange rates Risk management Foreign exchange |
Kieli: | eng |
Tiivistelmä: | The authors identify operating exposure as the most important and difficult to manage component of exchange risk. Their model identifies three components of foreign exchange exposure: direct operating exposure, the market demand effect, and the competitive effect. The size and relative importance of these components depends critically upon international market structure and firm strategies. |
SCIMA