Policies Employed in the Management of Currency Risk: A Case Study Analysis of US and UK

Abstract

The objective of this paper is to extend research findings obtained in a preliminary survey of currency risk management in UK multinational companies (Collier and Davis, 1985) by presenting a case study analysis of currency risk management practice in large UK and US multinational companies. The research is specifically concerned with aspects of the management of foreign currency transaction and translation risk by multinational companies and the extent of risk aversion in the policies adopted.

Citation

Collier, P.A., Davis, E.W., Coates, J.B. and Longden, S.G. (1992), "Policies Employed in the Management of Currency Risk: A Case Study Analysis of US and UK", Managerial Finance, Vol. 18 No. 3, pp. 41-52. https://doi.org/10.1108/eb018452