Abstract
The 1980s were a decade of extraordinary market changes and were characterised by financial and political volatility. One of the features of this era was the unprecedented change in international corporate finance, as a result of economic policies of governments in the OECD area, which manifested itself in the development of global markets in finance and trade. A feature of these changes was the development within multinational corporations of entire departments to manage their financial risks in terms of foreign exchange and interest rate exposures, commodities trading and insurance.
Drafted by Aidan O’Connor, Doctoral Assistant at the University of Lausanne (HEC), on the basis of notes made by Mr Simon.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 1993 Ecole des Hautes Etudes Commerciales
About this chapter
Cite this chapter
Simon, D. (1993). Highlights on BP’s New Distribution of Functions. In: Mikdashi, Z. (eds) Financial Strategies and Public Policies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12177-9_2
Download citation
DOI: https://doi.org/10.1007/978-1-349-12177-9_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-12179-3
Online ISBN: 978-1-349-12177-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)