This case deals with a cash management problem for an international hotel based in Seoul, Korea. Although successful in its core hotel operations, the firm has not been as successful in managing its short term cash flow. Part of the firm's operating and materials costs are in US dollars although...

This study examines the relationship between equity market valuation and risk indicators that portend economic downswings. The indicators are implied options volatility, Treasury-Eurodollar (TED) spread and exchange rate. While implied volatility captures market risk in that it reflects the fear...

This study examines the impact of credit and market risks in the wake of the 2008 financial crisis. In the seven-year period before the collapse of the housing market in 2007, credit risk premiums rose steadily in an apparent reflection of the mounting household debt. However, the equity market...