Tomorrows business leaders will be confronted with myriad challenges that will test their ability to not only comprehend global markets but also to lead their organizations through the constantly changing global environment. By grounding concepts in the context of illuminating case studies and real-world examples, Fundamentals of Multinational Finance familiarizes finance and international business students with the fundamental concepts and tools necessary to implement an effective global financial management strategy.
Part I: Global Financial Environment Chapter 1: Globalization and the Multinational Enterprise Chapter 2: Financial Goals and Corporate Governance Chapter 3: The International Monetary System Chapter 4: The Balance of Payments Chapter 5: The Foreign Exchange Market Part II: Foreign Exchange Theory Chapter 6: International Parity Conditions Chapter 7: Foreign Exchange Rate Determination & Forecasting Chapter 8: Foreign Currency Derivatives Part III: Foreign Exchange Exposure Chapter 9: Transaction Exposure Chapter 10: Operating Exposure Chapter 11: Translation Exposure Part IV: Financing the Global Firm Chapter 12: Global Cost and Availability of Capital Chapter 13: Sourcing Equity Capital Globally Chapter 14: Financial Structure and International Debt Chapter 15: Interest Rate and Currency Swaps Part V: International Investment Decisions Chapter 16: International Portfolio Theory and Diversification Chapter 17: Foreign Direct Investment Theory and Strategy Chapter 18: Political Risk Assessment and Management Chapter 19: Multinational Capital Budgeting Part VI: Managing Multinational Operations Chapter 20: International Trade Finance Chapter 21: Multinational Tax Management Chapter 22: Working Capital Management Additional chapter available on the Companion Website: Cross-Border Mergers, Acquisitions, and Valuation