Black-Scholes Not Always the Best Option

If your firm has gotten used to using the Black-Scholes Options Price Model (BSOPM) when valuing options and other derivatives, you may want to rethink your practice. The reason? The BSOPM may not be entirely accurate when pricing derivatives that are other than “plain vanilla.”

Currency Risk: To Hedge or Hedge Not?

In the global economy, treasurers increasingly need to know how and when to hedge against foreign exchange exposures.

Purchasing Cards’ New Velocity

Companies are enjoying growing benefits from their p-cards, thanks to better technology and carefully designed programs.

Good Deeds Deliver

“Especially in environmental matters, the link between socially responsible practices and shareholder returns is becoming evident. That’s because a company’s ability to deal successfully with environmental issues can be a credible measure of management quality, which is notoriously tricky to gauge, contends Frank Dixon, managing director with Innovest Strategic Value Advisors, New York. Management teams that excel in handling environmental issues, which come with a … [ Read more ]