Fundamentals of Multinational Finance, 6th edition

  • David K. Eiteman, 
  • Arthur I. Stonehill, 
  • Michael H. Moffett

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Overview

Fundamentals of Multinational Finance teaches you about global markets and how to lead organizations through a constantly changing global environment. Via illuminating case studies and real-world examples, the text introduces the fundamental concepts and tools you need to know 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. It reflects a business world trying to find a new balance between business startups like the micro-multinational, a maturing China, and a separatist Britain (Brexit). It also explores attempts by governments globally to channel, regulate and tax multinational firms that continue to grow in stature and strength.

Published by Pearson (September 18th 2020) - Copyright © 2021

ISBN-13: 9780136879411

Subject: Finance

Category: International Banking & Finance

Overview

PART 1: GLOBAL FINANCIAL ENVIRONMENT

  1. Multinational Fin Mgmt: Challenges & Opportunities
  2. The International Monetary System
  3. The Balance of Payments
  4. Financial Goals and Corporate Governance

PART 2: FOREIGN EXCHANGE THEORY & MARKETS

  1. The Foreign Exchange Market
  2. International Parity Conditions

Appendix: An Algebraic Primer to Parity Conditions

  1. Foreign Currency Futures & Options
  2. Interest Rate Derivatives & Swaps
  3. Exchange Rate Determination & Forecasting

PART 3: FOREIGN EXCHANGE EXPOSURE

  1. Transaction Exposure
  2. Translation Exposure
  3. Operating Exposure

PART 4: FINANCING THE GLOBAL FIRM

  1. The Global Cost and Availability of Capital
  2. Funding the Multinational Firm
  3. Multinational Tax Management
  4. International Trade Finance

PART 5: FOREIGN INVESTMENTS & OPERATIONS

  1. Foreign Direct Investment & Political Risk
  2. Multinational Capital Budgeting & Cross-Border Acquisitions

Answers to selected end-of-chapter problems

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