Fundamentals of Multinational Finance

By grounding concepts in the context of illuminating case studies and real-world examples,Fundamentals of Multinational Finance, 3/e familiarizes finance and international business readers with the fundamental concepts and tools necessary to implement an effective global financial management strategy.Global Financial Environment:Globalization and the Multinational Enterprise; Financial Goals and Corporate Governance; The International Monetary System; The Balance of Payments; The Foreign Exchange Market.Foreign Exchange Theory:International Parity Conditions; Foreign Exchange Rate Determination & Forecasting; Foreign Currency Derivatives.Foreign Exchange Exposure:Transaction Exposure; Operating Exposure; Translation Exposure.Financing the Global Firm:Global Cost and Availability of Capital; Sourcing Equity Capital Globally; Financial Structure and International Debt; Interest Rate and Currency Swaps.International Investment Decisions:International Portfolio Theory and Diversification; Foreign Direct Investment Theory and Strategy; Political Risk Assessment and Management; Multinational Capital Budgeting.Managing Multinational Operations:International Trade Finance; Multinational Tax Management; Working Capital Management; Cross-Border Mergers, Acquisitions, and Valuation. For all readers interested in global financial management.

David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA.