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 nine 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 has 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
Chapter 1:Globalization and the Multinational Firm
Chapter 2:International Monetary System
Chapter 3:Balance of Payments
Chapter 4:Corporate Governance Around the World
PART TWO:The Foreign Exchange Market, Exchange Rate Determination, and CurrencyDerivatives
Chapter 5:The Market for Foreign Exchange
Chapter 6:International Parity Relationships and Forecasting Foreign Exchange Rates
Chapter 7:Futures and Options on Foreign Exchange
PART THREE:Foreign Exchange Exposure and Management
Chapter 8:Management of Transaction Exposure
Chapter 9:Management of Economic Exposure
Chapter 10:Management of Translation Exposure
PART FOUR:World Financial Markets and Institutions
Chapter 11:International Banking and Money Market
Chapter 12:International Bond Market
Chapter 13:International Equity Markets
Chapter 14:Interest Rate and Currency Swaps
Chapter 15:International Portfolio Investment
PART FIVE:Financial Management of the Multinational Firm
Chapter 16:Foreign Direct Investment and Cross-Border Acquisitions
Chapter 17:International Capital Structure and the Cost of Capital
Chapter 18:International Capital Budgeting
Chapter 19:Multinational Cash Management
Chapter 20:International Trade Finance
Chapter 21: International Tax Environment and Transfer Pricing
