Multinational Business Finance - Global Edition

For courses on International Finance. Authoritative, comprehensive coverage of contemporary international finance. Renowned for its authoritative, comprehensive coverage of contemporary international finance, this market-leading text trains the leaders of tomorrow's multinational enterprises to recognize and capitalize on the unique characteristics of global markets. Because the job of a manager is to make financial decisions that increase firm value, the authors have embedded real-world mini-cases throughout to apply chapter concepts to the types of situations managers of multinational firms face. In the twelfth edition, Chapter 1 now includes a new mini-case "Porsche Changes Track", while the new Chapter 5 addresses the recent financial crises, providing an overview of the origins, dissemination, and repercussions of this credit crisis on the conduct of global business.

Sommario

Part I: Global Environment
 
Chapter 1: Globalization and the Multinational Enterprise
Chapter 2: Financial Goals & Governance
Chapter 3: The International Monetary System
Chapter 4: The Balance of Payments
Chapter 5: Current Multinational Financial Challenges: Crisis
 
Part II: Foreign Exchange Theory and Markets
 
Chapter 6: The Foreign Exchange Market
Chapter 7: International Parity Conditions
            Appendix: Algebraic Primer to International Parity Conditions
Chapter 8: Foreign Currency Derivatives
            Appendix: Currency Option Pricing Theory
Chapter 9: Interest Rate and Cross Currency Swaps
Chapter 10: Foreign Exchange Rate Determination & Forecasting
 
Part III: Foreign Exchange Exposure
 
Chapter 11: Transaction Exposure
            Appendix: Complex Options
Chapter 12: Operating Exposure
Chapter 13: Translation Exposure
 
Part IV: Financing the Global Firm
 
Chapter 14: The Global Cost and Availability of Capital
Chapter 15: Sourcing Equity Globally
Chapter 16: Sourcing Debt Globally
 
Part V: Foreign Investment Decisions
 
Chapter 17: International Portfolio Theory & Investment
Chapter 18: Foreign Direct Investment Theory & Strategy
Chapter 19: Multinational Capital Budgeting
 
Part VI: Managing Multinational Operations
 
Chapter 20: Multinational Tax Management
Chapter 21: Working Capital Management
Chapter 22: International Trade Finance

Info autore

Arthur I. Stonehill   Arthur I. Stonehill is a Professor of Finance and International Business, Emeritus, at Oregon State University, where he taught for 24 years (1966-1990). During 1991-1997 he held a split appointment at the University of Hawaii at Manoa and Copenhagen Business School. From 1997 to 2001 he continued as a Visiting Professor at the University of Hawaii at Manoa He has also held teaching or research appointments at the University of California, Berkeley, Cranfield School of Management (U.K.), and the North European Management Institute (Norway). He was a former president of the Academy of International Business, and was a western director of the Financial Management Association.  Professor Stonehill received a B.A. (History) from Yale University (1953), an M.B.A. from Harvard Business School (1957), and a Ph.D. in Business Administration from the University of California, Berkeley (1965). He was awarded honorary doctorates from the Aarhus School of Business (Denmark, 1989), the Copenhagen Business School (Denmark, 1992), and Lund University (Sweden, 1998). He has authored or co-authored nine books and twenty-five other publications. His articles have appeared in Financial Management, Journal of International Business Studies, California Management Review, Journal of Financial and Quantitative Analysis, Journal of International Financial Management and Accounting, International Business Review, European Management Journal, The Investment Analyst (U.K.), Nationaløkonomisk Tidskrift (Denmark), Sosialøkonomen (Norway), Journal of Financial Education, and others.
 
 
David K. Eiteman   David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA. He has also held teaching or research appointments at the Hong Kong University of Science & Technology, Showa Academy of Music (Japan), the National University of Singapore, Dalian University (China), the Helsinki School of Economics and Business Administration (Finland), University of Hawaii at Manoa, University of Bradford (U.K.), Cranfield School of Management (U.K.), and IDEA (Argentina). He is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and Western Finance Association.  Professor Eiteman received a B.B.A. (Business Administration) from the University of Michigan, Ann Arbor (1952), M.A. (Economics) from the University of California, Berkeley (1956), and a Ph.D. (Finance) from Northwestern University (1959).  He has authored or co-authored four books and twenty-nine other publications. His articles have appeared in The Journal of Finance, The International Trade Journal, Financial Analysts Journal, Journal of World Business, Management International, Business Horizons, MSU Business Topics, Public Utilities Fortnightly, and others.
   
Michael H. Moffett   Michael H. Moffett is Continental Grain Professor of Finance at Thunderbird School of Global Management. He was formerly Associate Professor of Finance at Oregon State University (1985-1993). He has also held teaching or research appointments at the University of Michigan, Ann Arbor (1991-1993), the Brookings Institution, Washington, D.C., the University of Hawaii at Manoa, the Aarhus School of Business (Denmark), the Helsinki School of Economics and Business Administration (Finland), the International Centre for Public Enterprises (Yugoslavia), and the University of Colorado, Boulder.
Professor Moffett received a B.A. (Economics) from the University of Texas at Austin (1977), an M.S. (Resource Economics) from Colorado State University (1979), an M.A. (Economics) from the University of Colorado, Boulder (1983), and Ph.D. (Economics) from the University of Colorado, Boulder (1985).  He has authored, co-authored, or contributed to six books and 15 other publications. His articles have appeared in the Journal of Financial and Quantitative Analysis, Journal of Applied Corporate Finance, Journal of International Money and Finance, Journal of International Financial Management and Accounting, Contemporary Policy Issues, Brookings Discussion Papers in International Economics, and others. He has contributed to a number of collected works including the Handbook of Modern Finance, the International Accounting and Finance Handbook, and the Encyclopedia of International Business. He is also co-author of two books in multinational business with Michael Czinkota and Ilkka Ronkainen,International Business (7th edition) and Global Business.

Riassunto

This is a Pearson Global Edition.  The Pearson Editorial team worked closely with educators around the world to include content especially relevant to students outside the United States.
 
For courses on International Finance.

Authoritative, comprehensive coverage of contemporary international finance.

Renowned for its authoritative, comprehensive coverage of contemporary international finance, this market-leading text trains the leaders of tomorrow's multinational enterprises to recognize and capitalize on the unique characteristics of global markets. Because the job of a manager is to make financial decisions that increase firm value, the authors have embedded real-world mini-cases throughout to apply chapter concepts to the types of situations managers of multinational firms face.

In the twelfth edition, Chapter 1 now includes a new mini-case “Porsche Changes Track”, while the new Chapter 5 addresses the recent financial crises, providing an overview of the origins, dissemination, and repercussions of this credit crisis on the conduct of global business.

Dettagli sul prodotto

• Autori: David K. Eiteman, Davis K. Eiteman, Michael H. Moffett, Arthur I. Stonehill
• Editore: Addison-Wesley Longman, Amsterdam
• Lingue: Inglese
• Formato: Copertina rigida
• Pubblicazione: 31.07.2011
• EAN: 9780136121565
• ISBN: 978-0-13-612156-5
• Pagine: 784
• Peso: 1040 g
• Serie: The Addison-Wesley Series in Finance; Prentice Hall; Prentice Hall
• Categorie: Scienze sociali, diritto, economia > Economia > Economia internazionale; Finanzwirtschaft