Multinational business finance

The market-leading textbook in international finance, Multinational Business Finance is renowned for its authoritative coverage and clear explanations of contemporary international Finance. The thoroughly revised 10th edition features a new chapter on Political Risk, increased coverage of emerging markets, and an integrated focus on corporate governance issues.

Features

• Market-leading, lucid, accessible presentation of the complexities of international finance. Benefit: Professors view authors as authoritative sources in the field; students tend to keep the book as a reference tool.
• Managerial emphasis in an international context. Benefit: Helps train tomorrow's business leaders, who will operate in an increasingly global financial environment.
• Currency of coverage. Benefit: Keeps students abreast of contemporary issues and events - imperative for business and financial literacy.

Contents

• Global Financial Environment
  • Financial Goals and Corporate Governance
  • The International Monetary System
  • The Balance of Payments

• Foreign Exchange Theory and Markets
  • The Foreign Exchange Market
  • Foreign Currency Derivatives
  • International Parity Conditions
  • Foreign Exchange Rate Determination

• Foreign Exchange Exposure
  • Transaction Exposure
  • Operating Exposure
  • Accounting Exposure

• Financing the Global Firm
  • Global Cost and Availability of Capital
  • Sourcing Equity Globally
  • Financial Structure and International Debt
  • Interest Rate and Currency Swaps

• Foreign Investment Decisions
  • Foreign Direct Investment Theory and Strategy
  • Political Risk Assessment and Management
  • Multinational Tax Management
  • Multinational Capital Budgeting
  • Cross-Border Mergers, Acquisitions, and Valuation
  • International Portfolio Theory and Diversification

• Managing Multinational Operations
  • Repositioning Funds
  • Working Capital Management in the MNE
  • International Trade Finance
  • Advanced Topics in International Finance