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Multinational Business Finance

ISBN: 9780201635386 | 0201635380
Edition: 9th
Format: Hardcover
Publisher: Addison-Wesley
Pub. Date: 7/1/2000

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SummaryTable of ContentsAuthor Biography
The Ninth Edition of this market leader communicates the complexities of international finance clearly and authoritatively. Maintaining its hallmark managerial focus, the new edition features a streamlined presentation, expanded attention to emerging markets, several new chapters, and four new decision cases with an emerging-markets focus.
PART 1 The International Financial Environment
International Financial Management and the Multinational Firm
The International Monetary Environment
Foreign Exchan... MORE
Appendix: Algebraic Parity Conditions
The Foreign Exchange Market
Foreign Currency Options
PART 2 Measuring and Managing Foreign Exchange Exposure
Transaction Exposure
Decision Case: Lufthansa
Decision Case: Zapa Chemical and Bu Ba
Operating Exposure
Accounting Exposure
Decision Case: Tektronix (C)
Interest Rate Exposure and Swaps
Decision Case: British Columbia Hydro
PART 3 Financing the Global Firm
Global Cost of Capital and Financial Structure
Sourcing Equity Globally
Sourcing Debt Globally
PART 4 Foreign Investment Decisions
Corporate Strategy and Foreign Direct Investment
Multinational Capital Budgeting
Decision Case: P.T. Semen Gresik
International Acquisitions and Valuation
Adjusting for Risk in Foreign Investments
PART 5 Managing Multinational Operations
Multinational Taxation
Respositioning Funds
Decision Case: Northwestern Paper Company
Working Capital Management
Decision Case: The Far East Trading Company
Export and Import Financing
Evaluation of Performance
PART 6 Advanced Topics in Multinational Finance
International Portfolio Theory and the MNE
Advanced Topics in Currency Risk Management
Appendix A: Currency Option Pricing Theory
Appendix B: Cumulative Normal Probability Tables
Advanced Topics in Interest Rate Risk Management
Michael H. Moffett is Associate Professor of Finance at Thunderbird, The American Graduate School of International Management.

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