| Issue |
SHS Web Conf.
Volume 207, 2024
2024 2nd International Conference on Digital Economy and Business Administration (ICDEBA 2024)
|
|
|---|---|---|
| Article Number | 04022 | |
| Number of page(s) | 7 | |
| Section | Global Trends, Public Policy, and Social Development | |
| DOI | https://doi.org/10.1051/shsconf/202420704022 | |
| Published online | 10 December 2024 | |
Foreign Exchange Gains and Losses of Multinational Enterprises Based on BMW
Faculty of Business and Management, United International College, Zhuhai, 519087, China
* Corresponding author: s230006072@mail.uic.edu.cn.
The exchange gains and losses of multinational corporations are among the issues that should be attention in financial management. This essay will research and offer suggestions on the exchange gains and losses in the 2023 annual report of BMW Group. It is a large public company with a relatively mature exchange rate management system. Whereas, financial problems remain due to exchange rate effects, such as suppressed income and balance sheets. Among them, BMW flexibly uses financial derivatives suitable for the company’s situation, which is worth learning from for small and medium-sized enterprises. This essay will discuss some new technologies and management methods in novel directions, such as dynamic currency hedging exchange rate risk, improving the independence of the board of directors, and linking equity and salary, to prevent and reduce exchange rate risk. The combination of traditional hedging methods with new technology and management will improve the management system of exchange rate risk.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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