Fundamentals of Multinational Finance, Global Edition, 6th edition

Published by Pearson (April 16, 2021) © 2021

  • David K. Eiteman Retired; UCLA Anderson
  • Arthur I. Stonehill University of Hawaii at Manoa
  • Michael H. Moffett Thunderbird School of Global Management at Arizona State University
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Title overview

For undergraduate courses in International Financial Management, International Business Finance, or International Finance

Fundamentals of Multinational Finance helps prepare tomorrow's business leaders to comprehend global markets and lead organisations through a constantly changing global environment. Via illuminating case studies and real­-world examples, students are introduced to the fundamental concepts and tools necessary to implement an effective global financial management strategy. The 6th Edition reflects the juxtaposed forces of an increasingly digital global marketplace and a resurgence of nationalist culture and identity. Financial forces, markets, and management are in many ways at the crux of this challenge. This edition reflects a business world trying to find a new balance between business startups like the micro-multinational, a maturing China, a separatist Britain (Brexit), and an attempt by governments globally to channel, regulate (and tax) multinational firms that continue to grow in stature and strength.

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Table of contents

  • PART I: GLOBAL FINANCIAL ENVIRONMENT
  • 1. Multinational Financial Management: Challenges & Opportunities
  • 2. The International Monetary System
  • 3. The Balance of Payments
  • 4. Financial Goals and Corporate Governance
  • PART II: FOREIGN EXCHANGE THEORY & MARKETS
  • 5. The Foreign Exchange Market
  • 6. International Parity Conditions
  • 7. Foreign Currency Futures & Options
  • 8. Interest Rate Derivatives & Swaps
  • 9. Exchange Rate Determination & Forecasting
  • PART III: FOREIGN EXCHANGE EXPOSURE
  • 10. Transaction Exposure
  • 11. Translation Exposure
  • 12. Operating Exposure
  • PART IV: FINANCING THE GLOBAL FIRM
  • 13. The Global Cost and Availability of Capital
  • 14. Funding the Multinational Firm
  • 15. Multinational Tax Management
  • 16. International Trade Finance
  • PART V: FOREIGN INVESTMENTS & OPERATIONS
  • 17. Foreign Direct Investment & Political Risk
  • 18. Multinational Capital Budgeting & Cross-Border Acquisitions
  • Answers to selected end-of-chapter problems

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