Call Boomerang Books 1300 36 33 32

Description - Corporate Decision-Making with Macroeconomic Uncertainty by Lars Oxelheim

Very few firms make any attempt in their annual reports to inform market participants about the impact of macroeconomic developments on performance. However, the market is not oblivious to this fact, so the firm, as well as financial analysts, need to pay attention. Corporate Decision-Making with Macroeconomic Uncertainty: Performance and Risk Management develops and presents in an easily comprehensible way the essential elements of a corporate strategy for managing uncertainty in the macroeconomic environment. This Macroeconomic Uncertainty Strategy, or MUST, enhances firm value by allowing management and external stakeholders to distinguish between changes in the intrinsic competitiveness of the firm and changes in performance caused by macroeconomic fluctuations. These fluctuations, manifested as changes in exchange rates, interest rates, and inflation rates, are beyond management's control, but they have a substantial impact on performance. The book includes methods to identify the impact of these fluctuations, to develop strategies for macroeconomic risk management, to develop reports to external stakeholders, to evaluate the relative performance of subsidiaries and business units in multinational companies, and to evaluate performance as part of the due diligence process in an M & A context. The authors' use of value-based management, various performance measurements, and the concept of real options makes the book rich and compelling.

Buy Corporate Decision-Making with Macroeconomic Uncertainty by Lars Oxelheim from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780195335743
ISBN-10: 0195335740
Format: Hardback
(241mm x 160mm x 18mm)
Pages: 256
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 1-Aug-2008
Country of Publication: United States

Book Reviews - Corporate Decision-Making with Macroeconomic Uncertainty by Lars Oxelheim

» Have you read this book? We'd like to know what you think about it - write a review about Corporate Decision-Making with Macroeconomic Uncertainty book by Lars Oxelheim and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - Lars Oxelheim

Lars Oxelheim is Professor of International Business and Finance at Lund University. He is an affiliate of the Research Institute of Industrial Economics (IUI), Stockholm and of the Fudan University, Shanghai. Clas Wihlborg is Professor of Finance at the Copenhagen Business School and Director of the Center for Law, Economics and Financial Institutions. He has held faculty positions at leading US and European universities.