Describes policy Philips Electronics and problems related to currency risk and hedging. Explains the centralization and decentralization of currency hedging, the economic role compared to the role of the transaction, the difficulties capturing the information centrally, and assigning currency gains and losses in matrix management. "Hide
by Richard F. Meyer Source: Harvard Business School 18 pages. Publication Date: October 13, 1994. Prod. #: 295055-PDF-ENG
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