International Financial Management provides students with a foundation for analysis through a text that is well-organized, comprehensive, and provides up-to-date coverage of the topics. Like the first eight editions, it is written based on two tenets: emphasis on the basics and emphasis on a managerial perspective.
The scope and content of international finance have been fast evolving due to cycles of deregulations and regulations of financial markets, product innovations, and technological advancements. As capital markets of the world are becoming more integrated, a solid understanding of international finance has become essential for astute corporate decision making. Reflecting the growing importance of international finance as a discipline, we have seen a sharp increase in the demand for experts in the area in both the corporate and academic worlds.
International Financial Management discussion is written so that a self-contained treatment of each subject is presented in a user-friendly fashion. The text is intended for use at both the advanced undergraduate and MBA levels.
PART ONE: Foundations of International Financial Management
Ch. 1 Globalization and the Multinational Firm
Ch. 2 International Monetary System
Ch. 3 Balance of Payments
Ch. 4 Corporate Governance Around the World
PART TWO: The Foreign Exchange Market, Exchange Rate Determination, and Currency Derivatives
Ch. 5 The Market for Foreign Exchange
Ch. 6 International Parity Relationships and Forecasting Foreign Exchange Rates
Ch. 7 Futures and Options on Foreign Exchange
PART THREE: Foreign Exchange Exposure and Management
Ch. 8 Management of Transaction Exposure
Ch. 9 Management of Economic Exposure
Ch. 10 Management of Translation Exposure
PART FOUR: World Financial Markets and Institutions
Ch. 11 International Banking and Money Market
Ch. 12 International Bond Market
Ch. 13 International Equity Markets
Ch. 14 Interest Rate and Currency Swaps
Ch. 15 International Portfolio Investment
PART FIVE: Financial Management of the Multinational Firm
Ch. 16 Foreign Direct Investment and Cross-Border Acquisitions
Ch. 17 International Capital Structure and the Cost of Capital
Ch. 18 International Capital Budgeting
Ch. 19 Multinational Cash Management
Ch. 20 International Trade Finance
Ch. 21 International Tax Environment and Transfer Pricing
