International Corporate Finance + Website Value Creation with Currency Derivatives in Global Capital Markets

by Jacque, Laurent L.

• ISBN13: 9781118781869
• ISBN10: 1118781864
• Edition: 1st
• Format: Paperback
• Copyright: 2014-03-24
• Publisher: Wiley

Summary

A thorough introduction to corporate finance from a renowned professor of finance and banking

As globalization redefines the field of corporate finance, international and domestic finance have become almost inseparably intertwined. It's increasingly difficult to understand what is happening in capital markets without a firm grasp of currency markets, the investment strategies of sovereign wealth funds, carry trade, and foreign exchange derivatives products. International Corporate Finance offers thorough coverage of the international monetary climate, including Islamic finance, Asian banking, and cross-border mergers and acquisitions. Additionally, the book offers keen insight on global capital markets, equity markets, and bond markets, as well as foreign exchange risk management and how to forecast exchange rates.

• Offers a comprehensive discussion of the current state of international corporate finance
• Provides simple rules and pragmatic answers to key managerial questions and issues
• Includes case studies and real-world decision-making situations

For anyone who wants to understand how finance works in today's hyper-connected global economy, International Corporate Finance is an insightful, practical guide to this complex subject.

Table of Contents

Preface

Acknowledgments

1. What is International Corporate Finance?

PART I: THE INTERNATIONAL MONETARY ENVIRONMENT

2. Exchange Rates Regimes

3. Yesterday and Yesteryear:  A Brief history of the International Monetary System

4. The Balance of Payments

PART II: THE WORLD  MARKET FOR FOREIGN EXCHANGE AND CURRENCY DERIVATIVES

5. The Foreign Exchange Market 

6. Interest Rate Arbitrage and Parity

7. Currency Futures and Currency Options

PART III: GLOBAL CAPITAL MARKETS AND THE FUNDING DECISION

8. The International Financial Sector and the Dynamics of Global Capital Markets

9. Raising Capital from Global  Equity Markets

10. Sourcing Debt from Global Bond Markets

11. International Trade Financing

12. Asian Finance and Banking

13. Islamic Finance and Banking

PART IV: FOREIGN EXCHANGE RISK MANAGEMENT

14. The Case for  Hedging Currency Risk

15. Forecasting  Exchange Rates

16. Managing Transaction Exposure

17. Managing Translation Exposure

18. Managing Economic Exposure

PART V: INTERNATIONAL VALUATION AND THE INVESTMENT DECISION

19. Foreign Market Entry Strategies and Country Risk Management

20. International Capital Budgeting

21. Cross-Border Mergers and Acquisitions

22. Project Finance

23. Global Investment

PART VI: TREASURY MANAGEMENT FOR MULTINATIONAL CORPORATIONS

 24. Financial Planning and Controlling for Multinational Corporations

 25. Short-Term Financing, Cash and Working Capital Management

Appendix: Answers to Selected Problems

About the Companion Website

About the Author

Index