International Financial Management, 14th Edition
- Length: 736 pages
- Edition: 14
- Language: English
- Publisher: Cengage Learning
- Publication Date: 2020-02-02
- ISBN-10: 0357130545
- ISBN-13: 9780357130544
- Sales Rank: #368954 (See Top 100 Books)
Gain the solid understanding of theory and practical insights you need for success in international finance today with Madura’s best-selling INTERNATIONAL FINANCIAL MANAGEMENT, 14E. This reader-friendly approach builds on the fundamental principles of corporate finance to provide timely information and an understanding of managerial topics in a global environment necessary to prosper in international business. Clear explanations help you fully understand the important role of multinational corporations in global commerce. New content explores tradeoffs in international trade policies, the realities behind popular theories, multinational capital budgeting, barriers to entry in international markets, and the most recent changes internationally. Numerous examples, self-tests, and hands-on exercises work with new MindTap online learning resources, including Excel Online practice and Aplia homework tools, to help you develop the skills and understanding necessary in international finance.
Cover Brief Contents Contents Dedication Preface About the Author Part 1: The International Financial Environment Chapter 1: Multinational Financial Management: An Overview 1-1 Managing the MNC 1-2 Why MNCs Pursue International Business 1-3 Methods to Conduct International Business 1-4 Valuation Model for an MNC 1-5 Organization of the Text Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 2: International Flow of Funds 2-1 Balance of Payments 2-2 Growth in International Trade 2-3 Factors Affecting International Trade Flows 2-4 International Capital Flows 2-5 Agencies that Facilitate International Flows Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc., Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 3: International Financial Markets 3-1 Foreign Exchange Market 3-2 International Money Market 3-3 International Credit Market 3-4 International Bond Market 3-5 International Stock Markets 3-6 International Financial Market Crises 3-7 How Financial Markets Serve MNCs Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Appendix 3: Investing in International Financial Markets Chapter 4: Exchange Rate Determination 4-1 Measuring Exchange Rate Movements 4-2 Exchange Rate Equilibrium 4-3 Factors That Influence Exchange Rates 4-4 Movements in Cross Exchange Rates 4-5 Capitalizing on Expected Exchange Rate Movements Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 5: Currency Derivatives 5-1 Forward Market 5-2 Currency Futures Market 5-3 Currency Options Market 5-4 Currency Call Options 5-5 Currency Put Options 5-6 Other Forms of Currency Options Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc., Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Appendix 5A: Currency Option Pricing Appendix 5B: Currency Option Combinations Part 1: Integrative Problem: The International Financial Environment Part 2: Exchange Rate Behavior Chapter 6: Government Influence on Exchange Rates 6-1 Exchange Rate Systems 6-2 A Single European Currency 6-3 Direct Intervention 6-4 Indirect Intervention Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Appendix 6: Government Intervention during the Asian Crisis Chapter 7: International Arbitrage and Interest Rate Parity 7-1 Locational Arbitrage 7-2 Triangular Arbitrage 7-3 Covered Interest Arbitrage 7-4 Interest Rate Parity (IRP) 7-5 Variation in Forward Premiums Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercise Online Articles with Real-World Examples Chapter 8: Relationships among Inflation, Interest Rates, and Exchange Rates 8-1 Purchasing Power Parity (PPP) 8-2 International Fisher Effect Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Part 2: Integrative Problem: Exchange Rate Behavior Part 3: Exchange Rate Risk Management Chapter 9: Forecasting Exchange Rates 9-1 Why Firms Forecast Exchange Rates 9-2 Forecasting Techniques 9-3 Assessment of Forecast Performance 9-4 Accounting for Uncertainty Surrounding Forecasts Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 10: Measuring Exposure to Exchange Rate Fluctuations 10-1 Relevance of Exchange Rate Risk 10-2 Transaction Exposure 10-3 Economic Exposure 10-4 Translation Exposure Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 11: Managing Transaction Exposure 11-1 Policies for Hedging Transaction Exposure 11-2 Hedging Exposure to Payables 11-3 Hedging Exposure to Receivables 11-4 Limitations of Hedging 11-5 Alternative Methods to Reduce Exchange Rate Risk Summary Point/Counter-Point Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Appendix 11: Nontraditional Hedging Techniques Chapter 12: Managing Economic Exposure and Translation Exposure 12-1 Managing Economic Exposure 12-2 A Case Study on Hedging Economic Exposure 12-3 Managing Exposure to Fixed Assets 12-4 Managing Translation Exposure Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Part 3: Integrative Problem: Exchange Risk Management Part 4: Long-Term Asset and Liability Management Chapter 13: Direct Foreign Investment 13-1 Motives for Direct Foreign Investment 13-2 Benefits of International Diversification 13-3 Host Government Impact on DFI 13-4 Assessing the Feasibility of Potential DFI Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 14: Multinational Capital Budgeting 14-1 Subsidiary versus Parent Perspective 14-2 Input for Multinational Capital Budgeting 14-3 Multinational Capital Budgeting Example 14-4 Other Factors to Consider 14-5 Adjusting Project Assessment for Risk Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Appendix 14: Incorporating International Tax Law in Multinational Capital Budgeting Chapter 15: International Corporate Governance and Control 15-1 International Corporate Governance 15-2 International Corporate Control 15-3 Factors Affecting Target Valuation 15-4 A Case Study of Valuing a Foreign Target 15-5 Disparity in Foreign Target Valuations 15-6 Other Corporate Control Decisions 15-7 Corporate Control Decisions as Real Options Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 16: Country Risk Analysis 16-1 Country Risk Characteristics 16-2 Measuring Country Risk 16-3 Incorporating Risk in Capital Budgeting 16-4 Preventing Host Government Takeovers Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercise Online Articles with Real-World Examples Chapter 17: Multinational Capital Structure and Cost of Capital 17-1 Components of Capital 17-2 The MNC’s Capital Structure Decision 17-3 Subsidiary versus Parent Capital Structure Decisions 17-4 Multinational Cost of Capital 17-5 Cost of Capital Across Countries Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercise Online Articles with Real-World Examples Chapter 18: Long-Term Debt Financing 18-1 Debt Denomination Decisions of Foreign Subsidiaries 18-2 Debt Denomination Analysis: A Case Study 18-3 Strategies to Hedge Foreign Financing 18-4 Debt Maturity Decision 18-5 Fixed-Rate versus Floating-Rate Debt Decision Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Part 4: Integrative Problem: Long-Term Asset and Liability Management Part 5: Short-Term Asset and Liability Management Chapter 19: Financing International Trade 19-1 Payment Methods for International Trade 19-2 Trade Finance Methods 19-3 Agencies that Facilitate International Trade Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercise Online Articles with Real-World Examples Chapter 20: Short-Term Financing 20-1 Sources of Foreign Financing 20-2 Financing with a Foreign Currency 20-3 Financing with a Portfolio of Currencies Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Chapter 21: International Cash Management 21-1 Multinational Working Capital Management 21-2 Centralized Cash Management 21-3 Optimizing Cash Flows 21-4 Investing Excess Cash Summary Point/Counterpoint Self-Test Questions and Applications Blades, Inc. Case Small Business Dilemma Internet/Excel Exercises Online Articles with Real-World Examples Part 5: Integrative Problem: Short-Term Asset and Liability Management Appendix A: Answers to Self-Test Questions Appendix B: Supplemental Cases Appendix C: Using Excel to Conduct Analysis Appendix D: International Investing Project Appendix E: Discussion in the Boardroom Appendix F: Use of Bitcoin to Conduct International Transactions Glossary Index
Donate to keep this site alive
1. Disable the AdBlock plugin. Otherwise, you may not get any links.
2. Solve the CAPTCHA.
3. Click download link.
4. Lead to download server to download.