Description
Book SynopsisMichael H. Moffett is Continental Grain Professor in Finance at the Thunderbird School of Global Management, where he has been since 1994. He has authored, co-authored, or contributed to a number of books, articles, and other publications. He has co-authored two books with Art Stonehill and David Eiteman: Multinational Business Finance, and this book, Fundamentals of Multinational Finance.
Arthur I. Stonehill is a Professor of Finance and International Business, Emeritus, at Oregon State University, where he taught for 24 years (1966-1990). 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 has authored or co-authored nine books and twenty-five other publications.
David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Ma
Table of Contents
PART I: GLOBAL FINANCIAL ENVIRONMENT
- Multinational Fin Mgmt: Challenges & Opportunities
- The International Monetary System
- The Balance of Payments
- Financial Goals and Corporate Governance
PART II: FOREIGN EXCHANGE THEORY & MARKETS
- The Foreign Exchange Market
- International Parity Conditions
- Appendix: An Algebraic Primer to Parity Conditions
- Foreign Currency Futures & Options
- Interest Rate Derivatives & Swaps
- Exchange Rate Determination & Forecasting
PART III: FOREIGN EXCHANGE EXPOSURE
- Transaction Exposure
- Translation Exposure
- Operating Exposure
PART IV: FINANCING THE GLOBAL FIRM
- The Global Cost and Availability of Capital
- Funding the Multinational Firm
- Multinational Tax Management
- International Trade Finance
PART V: FOREIGN INVESTMENTS OPERATIONS
- Foreign Direct Investment & Political Risk
- Multinational Capital Budgeting & Cross-Border Acquisitions