Increased volatility in the world's commodity markets and expanding opportunities to find cheaper financing are just two of the reasons why multinational corporate treasurers have developed strategies to reduce risk and enhance profits. "Strategic Risk Management" provides you with both the theory and practice of strategic risk management. The first part of the book explains what strategic hedging is and how it works in the real world of corporate finance. Part 2 discusses hedging strategies used by corporate giants such as Company Computers Eastman Kodak, Pitney Bowes, Baxter International and Merck & Co. Case studies show how each company developed successful strategies, took advantage of the new financial instruments and overcame the risks while reaping the rewards.

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