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JCTM - Online Version

ETPG's official publication is Journal of Corporate Treasury Management (JCTM), both the hardcopy and online (listed below) versions are included in the ETPG membership.

Volume 3 - 2010, issue 3:
Guest Editorial, Mike Gallanis and Marika Pappas

Guest Editorial, Jiro Okochi

Embedded derivatives, Nawal Dalal

Cash management: Asset-based lending, Simon Featherstone

The World Currency Unit: What does this mean for treasurers?, Ian Hillier-Brook

SWIFT for Corporates: A better value proposition post-financial crisis, Jeanne Capachin

Risk management in 2010: The role of the corporate treasurer, Thomas de Freitas

Banks and corporates: The efficiency of liquidity transmission, Peter Glössner, Christian Hoffmann, Florian Merzr

Nonprofit financial objectives and financial responses to a tough economy, John Zietlow

The value of working capital programmes in the credit crunch, Wim Westerman

Accounting and tax treatment of derivative instruments: The Belgian case, Kurt De Haen

Definitions and applications of basic investment mathematics: Complex bonds and hybrid securities, Dubos J. Masson


Volume 3 - 2010, issue 2:
Editorial, Dave Robertson

Guest Editorial, Petr Polak

Guest Editorial, Anne Boden

How much liquidity to hold? An autoregressive conditional heteroskedastic model, Michael Hunstad

Internal controls and the cost of fraud: An empirical investigation, Deborah L. Murphy and Samuel L. Tibbs

An old favourite faces a new paradigm: Reassessing the broker cash management model, Lance Pan

Moving on up: The current recruitment market within treasury, Guy Middleton

Trends in cash, liquidity and working capital management automation: The role of technology, Enrico Camerinelli

Taxation Review — Tax consequences of investment management and foreign exchange treasury decisions, Patrice Delacroix and Edouard d'Oreye

Taxation Review — Foreign exchange tax risk management: Keeping pace in the volatile world of currencies, Kurt De Haen, Diana Pacsorasz, Martin van Harten, et al

Panel Discussion — Liquidity and risk

Book Review — Wall Street Revalued: Imperfect Markets and Inept Central Bankers


Volume 3 - 2009, issue 1:
Editorial, Dave Robertson

Guest Editorial, Bart Snijders, Halit Gonenc, Wim Westerman

Transparency in treasury: A holistic view of risk, Andrew Woods

Corporate treasury's role in troubled times,François Masquelier

Hawala: The fund transfer methodology that evades surveillance, Sassan Cyrus Parandeh

Treasury investing through the liquidity crisis, Kirk D. Black

Reflecting on the 2007 money fund debacle: The six advantages of separately managed accounts, Lance Pan

Effectiveness of investments in operating cash, Grzegorz Michalski

Corporate treasury market price risk management: A practical approach for strategic decision-making, Mazin A. M. Al Janabi

Greenspan's conundrum: Solved, Damir Tokic

Managing foreign exchange risk in volatile global markets, F. John Mathis

Definitions and applications of basic investment mathematics: Equities, Dubos J. Masson

Credit guarantees in distorted financial markets: The transfer pricing perspective, Michel van der Breggen and Wouter de Geus


Volume 2 - 2009, issue 4:
Editorial, Dave Robertson

Counterparty risk exposure management, Anup Marda & Laurie McCulley

Treasury's role as the custodian of value for intellectual property and critical information: The impact of operational security on valuation, L. Burke Files

Presidential executive orders and the advent of legal risk management in NGO treasuries, Sassan Cyrus Parandeh

Hyper-management of working capital: Technology supports the work of corporate treasury, Thomas W. Warsop, III

Dealing with the SEPA direct debit scheme: Implications for corporate treasurers, Massimo Battistella

Location criteria for establishing treasury centres in South-East Asia, Petr Polak & Rady Roswanddy Roslan

The corporate scramble for Africa, Munir S. Nanji

Definitions and applications of basic investment mathematics , Dubos J. Masson

Today's treasury job market from a recruiter's point of view: An interview with Richard Bond

The credit crunch: Unexpected tax consequences that may materially impact treasury operations , Philippe Vyncke


Volume 2 - 2009, issue 3:
Editoria, David Robertson

Discount rates since the credit crunch, Wim Westerman

Fair valuing credit: How the credit component must now be measured for derivative fair values, Jiro Okochi

Treasury outsourcing in the current environment, Pat Leavy

Surviving the global financial crisis by adopting a unified payments hub approach , Parth Desai

The corporate treasurer — Playing the leading role, Sally Hart

Credit claims: Further steps towards collateralisation, Godfried De Vidts and Nathalie Aubry

Unclaimed property: Considerations for corporate treasury and finance personnel, Josiah S. Osibodu & Stephen J. Galvin

Financial supply chain management, Michael Sugirin

Corporate asset/liability management: Time to revisit the fixed to floating paradigm, D. Anthony Scaglione

The Single Euro Payments Area: A strategic business opportunity, Joris C. Barbas

Optimising the business of treasury through technology, Michael Bosacco and Helene Rosenberg

A real-life example of the upfront Belgian tax ruling regarding treasury centres, Kurt De Haen & Philippe de Clippele

Protecting against a collapsed lender, David Campbell and Derek Hrydziuszko

What should corporate treasurers do differently as a result of the recent market turmoil? , Panel Discussion


Volume 2 - 2008, issue 2:
How does Basel II affect corporate treasury?, Magnus Lind

Some thoughts on financial crises and ‘risk management’, Jarl Kallberg

Valuing cash flows, Wim Westerman

Ten steps towards maximising global liquidity, Jane Casey

The bulletproof treasury operation: How best practices produce quantifiable results, Michael A. Gallanis

Investing in climate change: The impact of climate change regulation on businesses, N. Yuvaraj Dinesh Babu

New foreign exchange challenges for corporate treasury professionals: Potential causes, symptoms (and solutions), Corey Edens

Capital expenditures with a multinational enterprise, John Hall, Wim Westerman

Outsourcing treasury: How much and to whom? Learning from experience, Mark Schwartz

Controlling working capital in multinational enterprises, André Dorsman, Dimitrios Gounopoulos

Managing cash in Russia: Best practice, Krisztina Filo

Implementing hedge accounting treasury operations, Manish Sarraf, Nawal Dalal

Using technology to build a nimble and proactive treasury organisation, Leslie Regino, Simone Bernardelli

Considering intragroup transfer pricing principles in treasury management, David Ledure, Paul Bertrand


Volume 2 - 2008, issue 1:
Editorial, Tamsin Curtis

Are treasurers right to fear record UK corporate defaults in 2008?, Trevor Williams

The convergence of technology, demand and market factors: Embracing the ‘best-of-breed’, Scott Montigelli

Foreign Corrupt Practices Act: The global treasury role, Sassan Cyrus Parandeh

How safe are money market funds? Risk assessment and selection criteria, Lance Pan

Tax-efficient global cash management, Sue Mainwaring

Effects of issuing warrants and corporate bonds on traded options, Qiuling Hua, Jia Li, Chengrong Yang

Commodity hedging: Best practices for modelling commodity exposures, Jiro Okochi

Treasury ebbs and flows: How do treasuries successfully go with the flow of company expansion and contraction?, Barry Yohannes

Improving management reporting and decision making to drive excellence, Lars Hübinette

Credit rating agencies: A primer for corporate treasurers, Angus Duff, Sandra Einig

Treasury in Asia: Challenge, change and opportunity, Damian Glendinning

Notional interest deduction: Current Belgian market practice, Kurt De Haen, Philippe de Clippele, Leen De Bock

Tax and accounting for treasurers: Why hedging is getting more complex, Jeremy Rayner, Steve O'Brien


Volume 1 - 2008, issue 4:
Strategies for share buybacks, Joerg Wiemer, Steffen Diel

Allocating your surplus cash: Money market funds, Donald Aiken

Enhancing and proving the rising strategic importance of treasury in corporate finance, Christophe Van Nevel

Optimising a global cash management structure, Hendrik Blenken Blijdenstein, Wim Westerman

Global liquidity management: From vision to reality, Willem van Alphen, Alexander Huiskes

Handing over the keys: Shared service centres, regional treasuries and outsourcing, Mark Schwartz

Building the business-to-treasury bridge, Timo Hämäläinen

Centralising treasury: Improving visibility, access and control, Elyse A. Weiner

The changing foreign exchange market: New challenges and opportunities, Jonathan Butterfield

Lessons learned from treasury consolidations, Magnus Lind

Driving over-the-counter derivatives security, Kathleen Struye

Tax treasury trends in Europe: Key tax parameters treasurers must consider, Philippe Vyncke, Kurt De Haen, Philippe de Clippele


Volume 1 - 2008, issue 3:
Editorial, Tamsin Curtis

The US subcrime crisis and the inevitability of bubble psychology, Anita M. Prasad

How has the global credit crisis impacted the global and UK economy?, Trevor Williams

Managing the modern treasury, Bruce C. Lynn

The search for higher returns: Illustrating the three pillars of cash investment strategies , Lance Pan

Bank relationship strategy and management, Magnus Lind

A practitioner's guide to estimating weighted average cost of capital and determining capital structure, Roderic Hewlett

Treasury functions driving compliance effectiveness: A focus on anti-money laundering and the Foreign Corrupt Practices Act, Catherine Jourdan, Timothy Hesler, Angela Calapa

Selecting and structuring treasury technology to optimise performance, Michael A. Gallanis and Laurie McCulley

Treasury workstations, Susan Albonetti

Tax treasury trends in Europe: A Europe without interest withholding tax?, Kurt De Haen and Philippe de Clippele


Volume 1 - 2007, issue 2:
Editorial, Sonata Winchester

Managing through market crisis: The agency problem and lessons for treasurers, Chris Ballinger

Working capital: Measurements and techniques for the treasurer, Craig Jeffery

Uncovering hidden risks in cash portfolios: Eight portfolio potholes to avoid, Lance Pan

The role of key performance indicators for corporate treasury, Magnus Lind, Peter Bergström, Kenneth Andersson

New approaches to differentiating credit ratings for seniority level, Martin Fridson

A methodology for adding value to business unit performance through the management of financial risk variables, Nigel Grey

The changing European treasury landscape: Implications for corporate America, Mark Davies

The treasurer's role: Mixing strategy and tactics, Eric Ball

LDI+: A surplus-focused pension solution, Tony Kao, Milla Krasnopolsky

Strategies to improve banking partnerships and treasury productivity, Karl Witschonke

Returns, efficiency, compliance: Improving treasury investing with investment portal technology, Kirk D. Black

Multi-factor authentication for internet banking: The FFIEC guidance aftermath, Adam Dolby

Tax treasury trends in Europe: The impact of European Court of Justice decisions on the treasury function, Philippe Vyncke, Kurt de Haen


Volume 1 - 2007, issue 1:
Editorial, Sonata Winchester

Insurance solutions: Setting up a captive insurance company, Kevin Hoskinson

Criminals, hackers and competitors: Managing employee risk, Adrian Miedema

Cash-flow forecasting: A practical approach to accuracy, Richard B. Astorga

Beyond debt and equity: Securitisation as part of the capital structure, Colin Kilgour

Selecting a benchmark strategy, Didier Hirigoyen, Erik Johnson

Treasury management: An African perspective, Barry Wolde Yohannes

Best practice in corporate treasury management: The debate, Pat Leavy

Expansion of the leveraged loan market, Steven Miller

Know your lender, David Campbell, Darren Hanwell

Trends in technology: How Web 2.0 will impact the next generation of online treasury tools, Jennifer Ceran, Scott Montigelli

Tax treasury trends in Europe: Belgium and The Netherlands as preferred treasury locations, Philippe Vyncke, Kurt de Haen

IFRS 7: Impact of new risk disclosure requirements for corporate treasury, Jiro Okochi