• Media type: E-Book
  • Title: Measuring Business Risk Through Cash Flow at Risk : Modeling and Hedging Choices in a Multinational Company Based in an Emerging Country
  • Contributor: Martínez González, Jorge Arturo [Author]; Santillán-Salgado, Roberto J. [Other]
  • Published: [S.l.]: SSRN, [2013]
  • Extent: 1 Online-Ressource (21 p)
  • Language: English
  • DOI: 10.2139/ssrn.2366111
  • Identifier:
  • Origination:
  • Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 10, 2006 erstellt
  • Description: This paper describes a real life experience of cash flow modeling in the context of Enterprise Risk Management (ERM). Increasing evidence supports the adoption of a disciplined approach to forecast “value-driving” variables and to develop functional relationships that estimate their impact on the value of the firm. We present a brief theoretical discussion of the arguments in favor and against the utilization of ERM techniques, and proceed to the presentation of the Measurement of Cash Flow at Risk model (MCFR) and the Risk Calibration Choices (RCC) model used at Cemex, a Multinational Company based in Mexico
  • Access State: Open Access