Fundamentals of Multinational Finance

Fundamentals of Multinational Finance is intended for use in undergraduate International Financial Management, International Business Finance, or International Finance courses A focused, streamlined approach to creating a global financial management strategy Tomorrow's business leaders will be expected to comprehend global markets and lead their organizations through a constantly changing global environment. By grounding concepts in the context of illuminating case studies and real-world examples, Fundamentals of Multinational Finance familiarizes students with the fundamental concepts and tools necessary to implement an effective global financial management strategy. This edition includes the many new financial management challenges faced by today's business leaders-while still providing students with a streamlined text that gets straight to the important concepts.Part 1. Global Financial Environment 1. Multinational Financial Management: Opportunities and Challenges 2. The International Monetary System 3. The Balance of Payments 4. Financial Goals and Corporate Governance Part 2. Foreign Exchange Theory and Markets 5. The Foreign Exchange Market 6. International Parity Conditions 7. Foreign Currency Derivatives and Swaps 8. Foreign Exchange Rate Determination Part 3. Foreign Exchange Exposure 9. Transaction Exposure 10. Translation Exposure 11. Operating Exposure Part 4. Financing the Global Firm 12. The Global Cost and Availability of Capital 13. Raising Equity and Debt Globally 14. Multinational Tax Management 15. International Trade Finance Part 5. Foreign Investment Decisions 16. Foreign Direct Investment and Political Risk 17. Multinational Capital Budgeting and Cross-Border Acquisitions