Rick Schmidt, MRI’s CFO, along with Mandy Wu, Schmidts’s assistant, and John Costello, a consultant and college finance professor, comprise a team set up to teach the firm’s directors and senior managers the basics of international financial management. The program includes 16 sessions, each lasting about 2 hours, and they are scheduled immediately before the monthly board meetings. Fourteen sessions have been completed, and the team is now preparing Session 15, which will deal with derivative securities and global risk management. Prior sessions have provided an overview of international finance, exchange rates, risk analysis, finaancial statements, international markets and security valuation, the cost of capital, capital budgeting, capital structure, cash distribution policy, and global working capital management.
For the risk management session, the team will explain how firms manage the risks created by oper-ating globlly. MRI’s directors recognize that risk is a part of doing business, and its role has grown as MRI has increased its international presence. Previous sessions have focused on business risk, financial risk, market risk, political risk, forecasting uncertaninties, and cash flow blockages. This session will deal with managing ezchange rate, interest rate, and commodity price risks. Schmidt has stressed to Wu that he wants MRI’s directors to understand that risk management does not eliminate risk, but rather, it reduces risk by mininmizing losses due to unexpected changes in market conditions.
- SPLv 51 0 年前最佳解答
MRI’s 財務長 Rick Schmidt與其助理 Mandy Wuand及另一位大學財務教授與顧問 John Costello組成一個小組針對公司董事及資深經理講授國際財務管理基礎。該課程總計16堂課，每堂課2小時，並安排於每月董事會議講授。目前為止已經完成14堂課，該小組目前正準備第15堂課有關衍生債券與全球風險管理。先前的課程已經提供了有關國際財務、匯率、風險管理、財務報表、國際市場與證券評價、資本成本、資本預算、資本結構、現金分配政策及全球運作資金管理之概念。
- 1 0 年前
- WinebearLv 51 0 年前
Bravo!! shiuesp 翻得很好！