Fundamentals of Multinational Finance, Global Edition
Produktdetaljer
Biografisk notat
Michael 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 Management at UCLA. Professor Eiteman received a B.BA. (Business Administration) from the University of Michigan, Ann Arbor (1952); M.A. (Economics) from the University of California, Berkeley (1956); and a Ph.D. (Finance) from Northwestern University (1959). He has authored or co-authored four books and twenty-nine other publications.
Fundamentals of Multinational Finance, 6th edition, Global Edition, by Michael Moffett, Arthur Stonehill, and David Eiteman, introduces you to the core concepts of effective global financial management strategy and gives you the tools necessary to implement it in the real world. With illuminating case studies and real-world examples, the text prepares you to comprehend global markets like a professional and lead organisations through a constantly changing global environment.
Packed with new and updated content, this 6th edition serves well for undergraduate courses in International Financial Management, International Business Finance, or International Finance.
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- 9781292215211 Fundamentals of Multinational Finance, Global Edition, 6th Edition
- 9781292215266 Fundamentals of Multinational Finance, Global Edition, 6th Edition MyLab® Finance
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This is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content relevant to students outside the United States.
- Multinational Fin Mgmt: Challenges & Opportunities
- The International Monetary System
- The Balance of Payments
- Financial Goals and Corporate Governance
- 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
- Transaction Exposure
- Translation Exposure
- Operating Exposure
- The Global Cost and Availability of Capital
- Funding the Multinational Firm
- Multinational Tax Management
- International Trade Finance
- Foreign Direct Investment & Political Risk
- Multinational Capital Budgeting & Cross-Border Acquisitions
- Answers to selected end-of-chapter problems
Download the detailed table of contents
- Multinational enterprises (MNEs) apply to organizations of all kinds that permeate business today.
- Country markets like China and India are economic drivers and primary challenges for global finance and management.
- Financial leadership. Leaders of MNEs face foreign exchange and political risks, but these present opportunities if properly understood.
- Creation and use of currency and interest rate derivatives for hedging and speculation is covered in selectively reorganized chapters.
- Raising equity capital and international portfolio theory complete a unified exploration of the global cost and availability of capital.
- Increased detail is given on changing currency regimes, theory, and practice, as emerging market currencies become ever-greater contributors to global cash flow.
- Sections introduce readers to the challenges faced by governments and central banks as cryptocurrencies like Bitcoin have shaken traditional definitions of "currency."
- Content helps students discover the growing complexity of major emerging markets, which are more open to capital movements, but also subject to sudden government or central bank intervention.
- Interest Rate Risk and Swaps. A new chapter has been introduced that details the various interest rate risks of the MNE and the practical use of interest rate and cross-currency swaps.
- The Foreign Exchange Market and Digital Trade. New material explores how the changing structure of the global foreign exchange market is posing challenges for private players and public regulators and overseers.
- Political Risk and Financial Losses. The chapter on foreign direct investment and political risk has been revised to reflect the growing use of restrictions on convertibility, transferability, and the possibility of repudiation or expropriation.
Produktdetaljer
Biografisk notat
Michael 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 Management at UCLA. Professor Eiteman received a B.BA. (Business Administration) from the University of Michigan, Ann Arbor (1952); M.A. (Economics) from the University of California, Berkeley (1956); and a Ph.D. (Finance) from Northwestern University (1959). He has authored or co-authored four books and twenty-nine other publications.