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 also held teaching or research appointments at Oregon State University (1985 to 1993), the University of Michigan, Ann Arbor (1991 to 1993), the Brookings Institution, Washington, DC, 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. Moffett received a BA (Economics) from the University of Texas at Austin (1977), an MS (Resource Economics) from Colorado State University (1979), an MA (Economics) from the University of Colorado, Boulder (1983), and a PhD (Economics) from the University of Colorado, Boulder (1985). He has authored, co-authored, or contributed to a number of books, articles and other publications. He has coautho
Table of Contents
PART 1: GLOBAL FINANCIAL ENVIRONMENT
- Multinational Fin Mgmt: Challenges & Opportunities
- The International Monetary System
- The Balance of Payments
- Financial Goals and Corporate Governance
PART 2: 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 3: FOREIGN EXCHANGE EXPOSURE
- Transaction Exposure
- Translation Exposure
- Operating Exposure
PART 4: FINANCING THE GLOBAL FIRM
- The Global Cost and Availability of Capital
- Funding the Multinational Firm
- Multinational Tax Management
- International Trade Finance
PART 5: FOREIGN INVESTMENTS & OPERATIONS
- Foreign Direct Investment & Political Risk
- Multinational Capital Budgeting & Cross-Border Acquisitions
Answers to selected end-of-chapter problems
