Multinational Business Finance, Global Edition

Book Description Renowned for its authoritative, comprehensive coverage of contemporary international finance, Multinational Business Finance trains the leaders of tomorrow’s multinational enterprises to recognize and capitalize on the unique characteristics of global markets. Because the job of a manager is to make financial decisions that increase firm value, the authors have embedded real-world mini-cases throughout to apply chapter concepts to the types of situations managers of multinational firms face.

Content

PART 1 - Global Financial Environment
Chapter 1. Multinational Financial Management: Opportunities and Challenges
Chapter 2. The International Monetary System
Chapter 3. The Balance of Payments
Chapter 4. Financial Goals and Corporate Governance

PART 2 - Foreign Exchange Theory and Markets
Chapter 5. The Foreign Exchange Market
Chapter 6. International Parity Conditions
Chapter 7. Foreign Currency Derivatives: Futures and Options
Chapter 8. Interest Rate Risk and Swaps
Chapter 9. Foreign Exchange Rate Determination

PART 3 - Foreign Exchange Exposure
Chapter 10. Transaction Exposure
Chapter 11. Translation Exposure
Chapter 12. Operating Exposure

PART 4 - Financing the Global Firm
Chapter 13. The Global Cost and Availability of Capital
Chapter 14. Raising Equity and Debt Globally
Chapter 15. Multinational Tax Management
Chapter 16. International Trade Finance

PART 5 - Foreign Investments and Investment Analysis
Chapter 17. Foreign Direct Investment and Political Risk
Chapter 18. Multinational Capital Budgeting and Cross-Border Acquisitions