International Financial Operations - Arbitrage, Hedging, Speculation, Financing and Investment

Cross-border transactions involve a variety of financial operations, including arbitrage, hedging, speculation, financing and investment. These inter-related operations give rise to foreign exchange exposure and affect the overall financial performance of multinational firms. The book aims to provide an integrated treatment of multinational financial operations, whilst taking into account some real world complexities such as bid/offer spreads, transaction costs, capital rationing, and market imperfections.

List of contents

Arbitrage 1 Arbitrage 2 Hedging 1 Hedging 2 Speculation 1 Speculation 2 Short Term Financing and Investment Decisions Long Term International Financing, Capital Structure and the Cost of Capital International Long-Term Portfolio Investment Foreign Direct Investment Conclusion

About the author

IMAD A. MOOSA is Professor of Finance at La Trobe University, Australia. Before becoming an academic in 1991, he was an investment banker for over ten years. He has published extensively in the fields of Finance and Macroeconomics.

Summary

Cross-border transactions involve a variety of financial operations, including arbitrage, hedging, speculation, financing and investment. These inter-related operations give rise to foreign exchange exposure and affect the overall financial performance of multinational firms. The book aims to provide an integrated treatment of multinational financial operations, whilst taking into account some real world complexities such as bid/offer spreads, transaction costs, capital rationing, and market imperfections.

Product details

• Authors: I Moosa, I. Moosa, Imad Moosa, Imad A. Moosa
• Publisher: Palgrave UK
• Languages: English
• Product format: Paperback / Softback
• Released: 14.01.2014
• EAN: 9781349433124
• ISBN: 978-1-349-43312-4
• No. of pages: 384
• Series: Finance and Capital Markets; Finance and Capital Markets Series; Finance and Capital Markets; Finance and Capital Markets Series
• Subjects: Social sciences, law, business > Business; B, Finance, Investment Banking, Corporate Finance, Financial Services, Finance, general, Securities, International Economics, Business Finance, Financial Economics, Management science, Investments and Securities, Investment & securities, Palgrave Economics & Finance Collection, Business enterprises—Finance, foreign direct investment;Investment;Portfolio