Three Approaches to Risk Management-and How and Why Swedish Companies Use Them

Author:

Amberg Niklas1,Friberg Richard2

Affiliation:

1. NIKLAS AMBERG is a Ph.D. student at the Stockholm School of Economics. His research lies at the intersection of corporate finance and macroeconomics and mainly focuses on the interactions between financial markets and the real economy. Some of his recent projects deal with questions such as how bank distress affects employment and investment at non-financial firms and how recessions and banking crises affect reallocation patterns.

2. RICHARD FRIBERG is Jacob Wallenberg Professor and Chairman of the Economics Department at the Stockholm School of Economics. Much of his research, including articles published in the American Economic Review and the Journal of Finance , has focused on how firms manage exchange rate risk. His book, Managing Risk and Uncertainty: A Strategic Approach , was recently published by MIT Press.

Publisher

Wiley

Subject

Management of Technology and Innovation

Reference35 articles.

1. Exchange-rate hedging: Financial vs. operational strategies;George;American Economic Review Papers and Proceedings,2001

2. Resolving the exposure puzzle: The many facets of exchange rate exposure;Bartram;Journal of Financial Economics,2010

3. Why do US firms hold so much more cash than they used to?;Bates;Journal of Finance,2009

4. BMW Group 2014 Annual Report bmwgroup.com

5. 1998 Wharton survey of financial risk management by US non-financial firms;Bodnar;Financial Management,1998

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