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Optimal Inventory and Credit-Granting Strategies under Inflation and Devaluation

Published online by Cambridge University Press:  19 October 2009

Alan Shapiro
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Extract

The recent wave of revaluations has again brought to the fore the foreign exchange risks with which most multinational corporations have to live constantly. While these latest parity changes have tended to increase the value of foreign currencies relative to the dollar, most exchange risks arise from pending devaluations.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 8 , Issue 1 , January 1973 , pp. 37 - 46
Copyright
Copyright © School of Business Administration, University of Washington 1973

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References

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