Fundamentals of Multinational Finance

by Moffett, Michael H.; Stonehill, Arthur I.; Eiteman, David K.

• ISBN13: 9780321541642
• ISBN10: 0321541642
• Edition: 3rd
• Format: Paperback
• Copyright: 2009-01-01
• Publisher: Addison Wesley

Summary

By grounding concepts in the context of illuminating case studies and real-world examples,Fundamentals of Multinational Finance, 3/e familiarizes finance and international business readers with the fundamental concepts and tools necessary to implement an effective global financial management strategy.Global Financial Environment:Globalization and the Multinational Enterprise; Financial Goals and Corporate Governance; The International Monetary System; The Balance of Payments; The Foreign Exchange Market.Foreign Exchange Theory:International Parity Conditions; Foreign Exchange Rate Determination & Forecasting; Foreign Currency Derivatives.Foreign Exchange Exposure:Transaction Exposure; Operating Exposure; Translation Exposure.Financing the Global Firm:Global Cost and Availability of Capital; Sourcing Equity Capital Globally; Financial Structure and International Debt; Interest Rate and Currency Swaps.International Investment Decisions:International Portfolio Theory and Diversification; Foreign Direct Investment Theory and Strategy; Political Risk Assessment and Management; Multinational Capital Budgeting.Managing Multinational Operations:International Trade Finance; Multinational Tax Management; Working Capital Management; Cross-Border Mergers, Acquisitions, and Valuation. For all readers interested in global financial management.

Author Biography

David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA.

Table of Contents

Global Financial Environment

Globalization and the Multinational Enterprise

Financial Goals and Corporate Governance

The International Monetary System

The Balance of Payments

The Foreign Exchange Market

Foreign Exchange Theory

International Parity Conditions

Foreign Exchange Rate Determination & Forecasting

Foreign Currency Derivatives

Foreign Exchange Exposure

Transaction Exposure

Operating Exposure

Translation Exposure

Financing the Global Firm

Global Cost and Availability of Capital

Sourcing Equity Capital Globally

Financial Structure and International Debt

Interest Rate and Currency Swaps

International Investment Decisions

International Portfolio Theory and Diversification

Foreign Direct Investment Theory and Strategy

Political Risk Assessment and Management

Multinational Capital Budgeting

Managing Multinational Operations

International Trade Finance

Multinational Tax Management

Working Capital Management

Answers to Selected End-of-Chapter Problems

Glossary

Index

Table of Contents provided by Blackwell. All Rights Reserved.