International Financial Management is written based on two distinct parts: emphasis on the basics and emphasis on a managerial perspective. As capital markets of the world become more integrated, a solid understanding of international finance has become essential for astute corporate decision making. International Financial Management, Sixth Edition, provides students with a foundation for analysis that will serve them well in their careers ahead. The decision-making process is presented through the text with the goal of teaching students how to make informed managerial decisions in an evolving global financial landscape. International Financial Management has been completely updated with the most current data tables and statistics in the field today.
The overriding objective of the text is to teach students how to be effective global financial managers. The text covers the fundamentals of the macroeconomic environment of international financial management, discusses the financial environment in which the multinational firm and its managers must function, and covers foreign exchange management and financial management in a multinational firm.
Contents
- Ch. 1 Globalization and the multinational firm
- Ch. 2 International monetary system
- Ch. 3 Balance of payments
- Ch. 4 Corporate governance around the world
- Ch. 5 The market for foreign exchange
- Ch. 6 International parity relationships and forecasting foreign exchange rates
- Ch. 7 Futures and options on foreign exchange
- Ch. 8 Management of transaction exposure
- Ch. 9 Management of economic exposure
- Ch. 10 Management of translation exposure
- Ch. 11 International banking and money market
- Ch. 12 International bond market
- Ch. 13 International equity markets
- Ch. 14 Interest rate and currency swaps
- Ch. 15 International portfolio investment
- Ch. 16 Foreign direct investment and cross-border acquisitions
- Ch. 17 International capital structure and the cost of capital
- Ch. 18 International capital budgeting
- Ch. 19 Multinational cash management
- Ch. 20 International trade finance
- Ch. 21 International tax environment
About the Author
- Cheol S. Eun (Ph.D., NYU, 1981) is a professor of finance and currently holds the Thomas R. Williams Chair in International Finance at Georgia Institute of Technology. Before joining Georgia Tech, he taught at Kent State University, University of Minnesota, and the University of Maryland, and at the Wharton School of the University of Pennsylvania. He has published extensively on international finance issues in such major journals as the Journal of Finance, JFQA, Journal of Banking and Finance, Journal of Portfolio Management, Management Science, and Oxford Economic Papers. Currently he is an associate editor of the Journal of Banking and Finance, Global Finance Journal, European Financial Management. Professor Eun has taught a variety of courses at the undergraduate, graduate, and executive levels and was the winner of the Krowe Teaching Excellence Award at the University of Maryland and has served as a consultant to many national and international organizations.
- Bruce G. Resnick (D.B.A. Indiana, 1979) is a professor of management at the Babcock Graduate School of Management of Wake Forest University. Prior to coming to the Babcock School, he taught at Indiana University for ten years, the University of Minnesota for five years, and California State University for two years. Professor Resnick has also taught as a visiting professor at Bond University, Gold Coast, Queensland, Australia, and at the Helsinki School of Economics and Business Administration. Like Professor Eun, he has had research articles published in the most prestigious academic journals, and he has served as a consultant to a number of nonprofit and for-profit organizations in the selection of investment managers for organizational funds.
Product Details
- Hardcover: 576 pages
- Publisher: McGraw-Hill/Irwin; 6 edition (April 8, 2011)
- Language: English
- ISBN-10: 0078034655
- ISBN-13: 978-0078034657
List Price: $173.13