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Multinational finance : evaluating opportunities, costs, and risks of operations / Kirt C. Butler

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Wiley financePublisher: New York : John Wiley & Sons, Incorporated, c2012Edition: 5th ed (Online-Ausg.)Description: Online-Ressource (1 online resource (xxi, 681 p.)) : illISBN:
  • 9781283592574
  • 1283592576
  • 9781118285169
Subject(s): Additional physical formats: 9781118270127 | 9781118282762 | 9781118284865 | 9781118285169 | 1283592355 | Erscheint auch als: Multinational finance. Druck-Ausgabe 5. ed. Hoboken, NJ : Wiley, 2012. XXI, 681 S.DDC classification:
  • 658.1599
  • 658.15/99 23
  • BUS027000
RVK: RVK: QP 700LOC classification:
  • HG4027.5
Online resources: Summary: An in-depth treatment of the international financial arena Multinational Finance, Fifth Edition assumes the viewpoint of the financial manager of a multinational corporation with investment or financial operations in more than one country. This book provides a framework for evaluating the many opportunities, costs, and risks of multinational operations in a manner that allows readers to see beyond the math and terminology surrounding this field to realize the general principles of multinational financial management. Logically organized and written in a clear, non-technical style, this book includes information on international finance topics such as foreign exchange, currency and derivatives markets, currency risk (transaction, operating, and translation) management, country risk, international taxation, capital structure, cost of capital, and international portfolio diversification. It also offers unique chapters on multinational treasury management, the rationale for hedging currency risks, options on real assets, international corporate governance, asset pricing, and portfolio management. Emphasizes the managerial aspects of multinational finance with graphs, figures, and the use of numerous real-world examples Expands on the treatment of parity disequilibria to include exchange rate expectations that differ from parity and a project's operating exposure to currency risk Provides an overview and comparison of the various derivative instruments and their use in risk hedging Contains valuable insights on valuation and management of a multinational corporation's investments If you're looking for the best way to gain a firm understanding of multinational finance, look no further than the fifth edition of this classic text.Summary: Intro -- Multinational Finance -- Contents -- Preface -- Acknowledgments -- Part 1 The International Financial Environment -- Chapter 1 An Introduction to Multinational Finance -- 1.1 The Goals of the Multinational Corporation -- 1.2 The Challenges of Multinational Operations -- 1.3 The Opportunities of Multinational Operations -- 1.4 Financial Management of the Multinational Corporation -- 1.5 Summary -- Key Terms -- Conceptual Questions -- Chapter 2 World Trade and the International Monetary System -- 2.1 Integration of the World's Markets -- 2.2 Balance-of-Payments Statistics -- 2.3 Exchange Rate Systems -- 2.4 A Brief History of the International Monetary System -- 2.5 The Global Financial Crisis of 2008 -- 2.6 Summary -- Key Terms -- Conceptual Questions -- Problems -- Suggested Readings -- Chapter 3 Foreign Exchange and Eurocurrency Markets -- 3.1 Characteristics of Financial Markets -- 3.2 The Eurocurrency Market -- 3.3 The Foreign Exchange Market -- 3.4 Foreign Exchange Rates and Quotations -- 3.5 The Empirical Behavior of Exchange Rates -- 3.6 Summary -- Key Terms -- Conceptual Questions -- Problems -- Suggested Readings -- Chapter 4 The International Parity Conditions and Their Consequences -- 4.1 The Law of One Price -- 4.2 Exchange Rate Equilibrium -- 4.3 Interest Rate Parity and Covered Interest Arbitrage -- 4.4 Less Reliable International Parity Conditions -- 4.5 The Real Exchange Rate -- 4.6 Exchange Rate Forecasting -- 4.7 Summary -- Key Terms -- Conceptual Questions -- Problems -- Suggested Readings -- Appendix 4A: Continuous Compounding -- Problems -- Part 2 Derivative Securities for Financial Risk Management -- Chapter 5 Currency Futures and Futures Markets -- 5.1 Financial Futures Exchanges -- 5.2 The Operation of Futures Markets -- 5.3 Futures Contracts -- 5.4 Forward versus Futures Market Hedges.PPN: PPN: 809881195Package identifier: Produktsigel: ZDB-26-MYL | ZDB-30-PAD | ZDB-30-PBE | ZDB-30-PQE
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