International Financial Management (Paperback)

Designed for students taking courses in international finance, international financial management, multinational finance and multinational financial management, International Financial Management offers a variety of real-life examples, both numerical and institutional, that demonstrate the use of financial analysis and reasoning in solving international financial problems.

Alan C. Shapiro is the holder of the Ivadelle and Theodore Johnson Professorship in Banking and Finance and Professor of Finance and Business Economics at the University of Southern California. He has also been a Visiting Professor at Yale University, UCLA, the Stockholm School of Economics, University of British Columbia, and the U.S. Naval Academy. His specialties are corporate and international financial management.

Peter Moles is Senior Lecturer in Finance at the University of Edinburgh. He has 14 years’ experience in the City in international capital markets, corporate finance, money markets, the Eurobond market and risk management. His research interests are in capital structure; derivatives and risk management; and how management decisions are made and the difficulties associated with managing complex problems. Peter Moles is the co-author of Corporate Finance, published by John Wiley & Sons Ltd.

PART 1 THE GLOBAL FINANCIAL MANAGEMENT ENVIRONMENT
1 INTRODUCTION TO INTERNATIONAL FINANCIAL MANAGEMENT
2 EXCHANGE RATE DETERMINATION
3 THE INTERNATIONAL MONETARY SYSTEM
4 CURRENCIES: EXPECTATIONS, PARITIES, AND FORECASTING
5 THE INTERNATIONAL MONETARY SYSTEM AND THE BALANCE OF PAYMENTS
6 COUNTRY RISK
PART 2 CURRENCY AND DERIVATIVES MARKETS
7 CURRENCY MARKETS
8 CURRENCY DERIVATIVES
9 INTEREST RATE DERIVATIVES
PART 3 MANAGING CURRENCY RISKS
10 TRANSLATION AND TRANSACTION EXPOSURE
11 ECONOMIC EXPOSURE
PART 4 FINANCING INTERNATIONAL OPERATIONS
12 INTERNATIONAL AND DOMESTIC CAPITAL MARKETS
13 INTERNATIONAL FINANCIAL MARKETS
14 THE INTERNATIONAL COST OF CAPITAL
PART 5 INTERNATIONAL CAPITAL BUDGETING
15 INTERNATIONAL PORTFOLIO INVESTMENT
16 STRATEGIES FOR FOREIGN DIRECT INVESTMENT
17 INTERNATIONAL CAPITAL BUDGETING
PART 6 INTERNATIONAL MANAGEMENT OF WORKING CAPITAL
18 INTERNATIONAL TRADE MANAGEMENT
19 MANAGING WORKING CAPITAL
20 FINANCIAL MANAGEMENT FOR THE GLOBAL ENTERPRISE