International Financial Economics

Zusatztext "This text provides an exciting, fresh approach to international financial management. Masterfully written by a recognized leader in the field, International Financial Economics is unique for its clarity, creativity, and coverage. O'Brien explains the material thoroughly, yet concisely, by relying on economic intuition and artfully weaving together theoretical concepts and fascinating examples. The book will be appealing to a variety of audiences. It is appropriately sophisticated for MBA students, but accessible to undergraduates, and up-to-date for practitioners in finance. I highly recommend this text for anyone seeking answers to the complex problems in international finance."--Reid W. Click, George Washington University Informationen zum Autor Thomas J. O'Brien is Professor and Head of the Finance Department at the University of Connecticut. He is the author and coauthor of several books on financial management and has published numerous articles in professional journals including the Journal of Finance, Financial Management, European Financial Management, and the Financial Analyst's Journal. Klappentext Completely updated and revised! the second edition of International Financial Economics: Corporate Decisions in Global Markets applies the principles of financial economics to explain how international corporate finance decisions are made in the real world. Written from a practical! financial perspective versus one of pure economic theory! the text is divided into three sections. The first section provides a comprehensive discussion of exchange rates. The next section offers an in-depth look at a firm's foreign exchange exposure measurement andhedging. The material highlights the connection between foreign exchange exposure in profit and foreign exchange exposure in equity! as well as the impact of foreign currency debt and currency swaps. The third section examines overseas investment decisions in both countries integrated with theglobal financial market and those still segmented from it. Coverage emphasizes the cost of capital and accounting for overseas investments and hedging of foreign exchange risk. International Financial Economics: Corporate Decisions in Global Markets is ideal for advanced undergraduate and graduate courses in global financial management. FeaturesBLEmploys a practical! financial perspective with real-world applicationsBLIncludes expanded material on currency swaps to show their role in foreign exchange exposure managementBLOffers a detailed description of economic foreign exchange exposureBLProvides additional material on overseas investment decisions when exchange rates are not correctly valued Zusammenfassung The text applies principles and theory of financial economics to international corporate finance decisions. The text emphasises 1) a firm's foreign exchange exposure measurement and hedging, and 2) overseas investment decision in both developed countries that are integrated with the global finance market and emerging countries that are still somewhat segmented....

Zusammenfassung

Completely updated and revised, the second edition of International Financial Economics: Corporate Decisions in Global Markets applies the principles of financial economics to explain how international corporate finance decisions are made in the real world.

Written from a practical, financial perspective versus one of pure economic theory, the text is divided into three sections. The first section provides a comprehensive discussion of exchange rates. The next section offers an in-depth look at a firm's foreign exchange exposure measurement and hedging. The material highlights the connection between foreign exchange exposure in profit and foreign exchange exposure in equity, as well as the impact of foreign currency debt and currency swaps. The third section examines overseas investment decisions in both countries integrated with the global financial market and those still segmented from it. Coverage emphasizes the cost of capital and accounting for overseas investments and hedging of foreign exchange risk.

International Financial Economics: Corporate Decisions in Global Markets is ideal for advanced undergraduate and graduate courses in global financial management.

Features
BLEmploys a practical, financial perspective with real-world applications
BLIncludes expanded material on currency swaps to show their role in foreign exchange exposure management
BLOffers a detailed description of economic foreign exchange exposure
BLProvides additional material on overseas investment decisions when exchange rates are not correctly valued

Produktdetails

• Autoren: Thomas J. brien, O&apos, Thomas J. O'Brien, Thomas J. (Chairperson O'Brien
• Verlag: Oxford University Press
• Sprache: Englisch
• Produktform: Fester Einband
• Erschienen: 31.10.2004
• EAN: 9780195175042
• ISBN: 978-0-19-517504-2
• Seiten: 302
• Abmessung: 195 mm x 243 mm x 20 mm
• Themen: Schule und Lernen > Unterrichtsvorbereitung > Berufliche Bildung; Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Internationale Wirtschaft