International Financial Management - Cheol Eun,Bruce Resnick

Description

International Financial Management combines the fundamental concepts of international finance with solid practical applications. This combination has made it the book of choice at a variety of institutions, including top business schools such as Wharton, Stanford, Northwestern, and INSEAD. Neither superficial nor overly theoretical, Eun and Resnick's approach offers a conceptually solid, yet still relevant, treatment of international financial topics that puts students on the right track to becoming effective global financial managers.

Key Features

A major restructuring allows instructors much greater flexibility in designing their courses. Once the basics are covered, instructors can choose to emphasize global financial markets or multinational financial management as they see fit.

All data and statistics are the most current available. Additionally, many new ?International Finance in Practice? boxes contain up-to-date real-world illustrations of chapter topics and concepts.

"Case Applications" incorporated into selected chapters enhance topics and help students apply theories and concepts to "real-world" situations.

"In More Depth" sections can provide additional insight into a particular topic at the instructor's discretion. These sections, clearly indicated in the text with green type, can be skipped with no loss of continuity. Selected end-of-chapter problems relating to this advanced material are also indicated in green type.

Thorough coverage of financial markets and financial management with the markets coverage presented early in the text, setting this text apart from the competition.

The text maintains its management focus and theoretical rigor, which means it fits well in elective and advanced undergraduate and graduate courses.

Chapter and sections are modular in nature, facilitating coverage of parts in different order to suit the needs of the instructor.

"International Finance in Practice" boxes from the popular press and actual companies show how the concepts being discussed are used in the real world.

Each chapter contains several numerical examples to more clearly explicate a concept.

Certified Financial Analyst (CFA) questions appear in the end-of-chapter material where appropriate.

Minicases at the end of each chapter help students relate the concepts to realistic situations.

Table of Contents

Brief Contents
PART ONE Foundations of International Financial Management
CHAPTER 1 Globalization and the Multinational Firm
CHAPTER 2 International Monetary System
CHAPTER 3 Balance of Payments
CHAPTER 4 Corporate Governance around the World
PART TWO The Foreign Exchange Market, Exchange Rate Determination, and Currency Derivatives
CHAPTER 5 The Market for Foreign Exchange
CHAPTER 6 International Parity Relationships and Forecasting Foreign Exchange Rates
CHAPTER 7 Futures and Options on Foreign Exchange
PART THREE Foreign Exchange Exposure and Management
CHAPTER 8 Management of Transaction Exposure
CHAPTER 9 Management of Economic Exposure
CHAPTER 10 Management of Translation Exposure
PART FOUR World Financial Markets and Institutions
CHAPTER 11 International Banking and Money Market
CHAPTER 12 International Bond Market
CHAPTER 13 International Equity Markets
CHAPTER 14 Interest Rate and Currency Swaps
CHAPTER 15 International Portfolio Investment
PART FIVE Financial Management of the Multinational Firm
CHAPTER 16 Foreign Direct Investment and Cross-Border Acquisitions
CHAPTER 17 International Capital Structure and the Cost of Capital
CHAPTER 18 International Capital Budgeting
CHAPTER 19 Multinational Cash Management
CHAPTER 20 International Trade Finance
CHAPTER 21 International Tax Environment
Glossary
Index

Supplements

Instructor's Resource CD (IM/TB/CTB/PP) to accompany International Financial Management
ISBN: 0072996889
Author(s): EUN