Part One: Foundations of International Financial Management Chapter 1: Globalization and the Multinational Firm Chapter 2: International Monetary System Chapter 3: Balance of Payments Chapter 4: Corporate Governance Around the World Part Two: The Foreign Exchange Market, Exchange Rate Determination, and Currency Derivatives Chapter 5: The Market for Foreign Exchange Chapter 6: International Parity Relationships and Forecasting Foreign Exchange Rates Chapter 7: Futures and Options on Foreign Exchange Part Three: Foreign Exchange Exposure and Management Chapter 8: Management of Transaction Exposure Chapter 9: Management of Economic Exposure Chapter 10: Management of Translation Exposure Part Four: World Financial Markets and Institutions Chapter 11: International Banking and Money Market Chapter 12: International Bond Market Chapter 13: International Equity Markets Chapter 14: Interest Rate and Currency Swaps Chapter 15: International Portfolio Investment Part Five: Financial Management of the Multinational Firm Chapter 16: Foreign Direct Investment and Cross-Border Acquisitions Chapter 17: International Capital Structure and the Cost of Capital Chapter 18: International Capital Budgeting Chapter 19: Multinational Cash Management Chapter 20: International Trade Finance Chapter 21: International Tax Environment and Transfer Pricing. End Chapter Exercises may differ. This is an important decision to be taken by the management of the organization. About the Author: Cheol S. Part 4: International Investment Decision 11. As capital markets of the world become more integrated, a solid understanding of international finance has become essential for astute corporate decision making.
Williams Professor of International Finance at the DuPree College of Management, Georgia Institute of Technology. New Case Studies and Study Topics added. This article is an , as no other articles. Part 6: Management of Short-term Funds 21. Definition of International Financial Management International Financial Management refers to the financial decisions which are taken in the area of International business. He serves as a consultant to national and international organizations, including the World Bank and the Korean Development Institute, advising on capital market liberalization, global capital and exchange risk management. Part 2: Markets for Foreign Exchange and Derivatives 5.
It is also used by organization and non-profit institutions. Part 7: Miscellaneous Issues 23. The functions are almost same. Several of the new illustration boxes and examples provide insights about the Chinese economy and its place in global business. The book gave great examples and was pretty up to date with today's society and economic problems. Please to this page from ; try the for suggestions. Part 3: Foreign Exchange Exposure Management 8.
The authors have incorporated the analysis of data in each relevant chapter, allowing students to learn how well—or poorly—current theories are supported by the data. International Financial Management provides students with a foundation for analysis that will serve them well in their careers ahead. The financial participation of the trader's exporters and importers and the international transactions flowed significantly. Key Features: The main features of the book are as follows: 1. A sound management of international finances can help an organization achieve same efficiency and effectiveness in all markets.
Choose expedited shipping for superfast delivery 2-4 business days. Eun, Georgia Institute of Technology, Bruce G. Proper Management of International Finance helps the organization in achieving efficiency in long run. The Bretton Woods conference acted as a catalyst for the formation of essential international institutions that play a foundational role in the global economy. International or foreign trading is arguably the most important factor in the prosperity and growth of economies that participate in the exchange. Not for sale in the U. Dr Madura has served as a consultant for international banks, securities firms and other multinational corporations.
It is different because of the different currency of different countries, dissimilar political situations, imperfect markets, diversified opportunity sets. Political Risks: Political risk may include any change in the economic environment of the country viz. An emphasis on the most recent financial changes and industry trends further prepares readers to understand and effectively manage within the dynamic field of international finance. He has held appointments at the University of Minnesota, the University of Maryland where he received the Krowe Teaching Excellence Award, the Wharton School of the University of Pennsylvania and the Esslingen University of Technology in Germany. The meaning and objective of financial management is same in International Financial Management. The system was developed to give structure to international monetary exchanges and policies and to maintain stability in all international finance transactions and interactions.
Evaluation and Management of Political Risk. Book Description International Financial Management blends the core concepts and theories of international finance with practical applications and examples. The advancement of technology and liberalization resulted in the idea of financial management both domestically and globally. These aspects are key elements of international finance. International Financial Management seamlessly blends theory with the analysis of data, examples, and practical case situations.
Taxation Rules, Contract Act etc. The meaning and objective of financial management do not change in international financial management but the dimensions and dynamics change drastically. Where relevant, the authors introduce and solve intricate cases that illustrate the application of theory. We may ship the books from multiple warehouses across the globe, including India depending upon the availability of inventory storage. The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. While retaining the major contents of the earlier editions, the new edition provides a clear understanding of the latest tools and techniques used in international finance. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.