Hagelin, N. & B. Pramborg, (2004), ‘Hedging foreign exchange exposure: Risk reduction from transaction and translation hedging’, Journal of International Financial Management & Accounting, vol. 15, no. 1, pp. 1-20.

Using a sample of Swedish firms this article investigates the risk reducing effect of foreign exchange exposure hedging. Further, it investigates risk reduction from using different hedging instruments, and particular interest is directed towards the impact of transaction exposure hedges and translation exposure hedges respectively. The authors find that firms' foreign exchange exposure is increasing with the level of inherent exposure, measured as the difference between revenues and costs denominated in foreign currency, and that it is decreasing with firm size. 

Holland, C.P, G. Lockett J.-M. Richard & I. Blackman (1994), ‘The evolution of a global cash management system’, Sloan Management Review, vol. 36, no. 1, pp. 37-51.

Marshall, A.P. (2000), ‘Foreign exchange risk management in UK, USA and Asia Pacific multinational companies’, Journal of Multinational Financial Management, vol, 10, no. 2, pp. 185-211.

The objective of this paper is to simultaneously survey the foreign exchange risk practices of large UK, USA and Asia Pacific multinational companies (MNCs). It investigated whether foreign exchange risk management practices vary internationally, including for the first time a large sample Asia Pacific MNCs. From 179 (30%) usable responses it is shown that there are statistically significant regional differences in the importance and objectives of foreign exchange risk management, the emphasis on translation and economic exposures, the internal/external techniques used in managing foreign exchange risk and the policies in dealing with economic exposures.

Polak, P. (2011), ‘Global challenges in corporate finance and treasury management – centralisation and internationalisation’, Journal of Corporate Treasury Management, vol. 4, no. 3, pp. 242-50.

Sikka, P. & H. Wilmott (2010), ‘The dark side of transfer pricing: Its role in tax avoidance and wealth retentiveness’, Critical Perspectives on Accounting, vol. 21, no. 4, pp. 342-56.
In conventional accounting literature, ?transfer pricing? is portrayed as a technique for optimal allocation of costs and revenues amongst divisions, subsidiaries and joint ventures within a group of related entities. Such representations of transfer pricing simultaneously acknowledge and occlude how it is deeply implicated in processes of wealth retentiveness that enable companies to avoid taxes and facilitate the flight of capital. A purely technical conception of transfer pricing calculations abstracts them from the politico-economic contexts of their development and use. The context is the modern corporation in an era of globalized trade and its relationship to state tax authorities, shareholders and other possible stakeholders.