Description
Book SynopsisTable of ContentsPart I. The international financial environment 1. Multinational financial management: an overview 2. International trade, measurement and theories 3. International financial markets and portfolio investment 4. Ethics Part II. Exchange rate behaviour 5. Exchange rate changes 6. Exchange rate history and the role of governments 7. Forecasting exchange rates 8. International arbitrage and covered interest rate parity 9. Relationships between inflation, interest rates and exchange rates Part III. Exchange rate risk management 10. Measuring exposure to exchange rate fluctuations 11. Market insurance: currency derivatives 12. Non-market methods of transaction management 13. Economic and translation exposure management Part IV. Long-term asset and liability management 14. Foreign direct investment 15. Country risk analysis 16. Long-term financing Part V. Short-term asset and liability management 17. Financing international trade 18. Short-term financing 19. International cash management 20. Concluding comments Appendix A: Answers to self-test questions Appendix B: Maths and statistics support Online additional reading 1. Multinational restructuring 2. Multinational cost of capital and capital structure 3. Multinational capital budgeting
