{"product_id":"multinational-financial-management-isbn-9781394187836","title":"Multinational Financial Management","description":"\u003cp\u003e\u003cb\u003eProvides a conceptual framework for analyzing key financial decisions of multinational firms\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eNow in its twelfth edition, \u003ci\u003eMultinational Financial Management\u003c\/i\u003e provides a comprehensive and up-to-date survey of all essential areas of the international financial market environment, including the determination of the cost of capital for international projects, capital budgeting, financial structure, transfer pricing, risk management, and portfolio investment. Written with the large multinational corporation in mind, this leading textbook offers a wealth of numerical and institutional examples that demonstrate the use of financial analysis and reasoning to solve complex international financial problems. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eMultinational Financial Management\u003c\/i\u003e is a self-encompassing treatment of multinational financial management that simplifies complex concepts, provides the theoretical knowledge required to examine decision problems, and supplies the practical analytical techniques needed to clarify the ambiguous guidelines commonly used by international financial executives. Throughout the text, the authors show how the international dimension of finance creates difficulties that are not encountered in domestic finance, such as multiple currencies, segmented capital markets, political risks, and international taxation issues. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eMultinational Financial Management, Twelfth Edition,\u003c\/i\u003e remains the ideal textbook for upper-level undergraduate and master's degree courses in International Finance and International Financial Management, as well as bank management, financial management, and other executive development programs. \u003c\/p\u003e\u003cp\u003ePreface xxi\u003c\/p\u003e \u003cp\u003eAbout the Authors xxvii\u003c\/p\u003e \u003cp\u003eList of Figures xxix\u003c\/p\u003e \u003cp\u003eList of Tables xxxiii\u003c\/p\u003e \u003cp\u003eWorld Currencies and Symbols xxxvii\u003c\/p\u003e \u003cp\u003eAcronyms and Symbols xliii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I The International Financial Management Environment\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Introduction: Multinational Corporations and Financial Management 3\u003c\/p\u003e \u003cp\u003e2 The Determination of Exchange Rates 40\u003c\/p\u003e \u003cp\u003e3 The International Monetary System 67\u003c\/p\u003e \u003cp\u003e4 Parity Conditions in International Finance and Currency Forecasting 107\u003c\/p\u003e \u003cp\u003e5 The Balance of Payments and International Economic Linkages 145\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II the Foreign Exchange and Derivative Markets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6 The Foreign Exchange Market 175\u003c\/p\u003e \u003cp\u003e7 Currency Futures and Options Markets 201\u003c\/p\u003e \u003cp\u003e8 Currency, Interest rate, and Credit Derivatives and Swaps 228\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Foreign Exchange Risk Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9 Measuring and Managing Translation and Transaction Exposure 261\u003c\/p\u003e \u003cp\u003e10 Measuring and Managing Economic Exposure 305\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV the International Capital Markets and Portfolio Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11 International Financing and National Capital Markets 345\u003c\/p\u003e \u003cp\u003e12 The Euromarkets 371\u003c\/p\u003e \u003cp\u003e13 International Portfolio Management 392\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V International Capital Budgeting\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14 Country Risk Analysis 419\u003c\/p\u003e \u003cp\u003e15 The Cost of Capital for Foreign Investments 452\u003c\/p\u003e \u003cp\u003e16 Corporate Strategy and Foreign Direct Investment 484\u003c\/p\u003e \u003cp\u003e17 Capital Budgeting for the Multinational Corporation 503\u003c\/p\u003e \u003cp\u003e18 Managing the Internal Capital Markets of Multinational Corporations 539\u003c\/p\u003e \u003cp\u003eGlossary G- 1\u003c\/p\u003e \u003cp\u003eIndex I- 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAlan C. Shapiro\u003c\/b\u003e the Ivadelle and Theodore Johnson Professor of Banking and Finance Emeritus and past chairman of the Department of Finance and Business Economics at the Marshall School of Business, University of Southern California. Dr. Shapiro has served on the board of directors of numerous corporations such as the Pacific Corporate Group, Remington Oil and Gas Corporation, OKC Corporation, and was a government-appointed director for the Lincoln Federal Savings Bank. He has published scholarly articles in the \u003ci\u003eJournal of Finance, Review of Financial Studies, Harvard Business Review,\u003c\/i\u003e and \u003ci\u003eManagement Science.\u003c\/i\u003e He has won several teaching awards and has held visiting positions at Yale University, UCLA, the US Naval Academy, the Stockholm School of Economics, and the University of British Columbia. Dr. Shapiro has been a pioneer in the field of international finance where his textbooks have helped define the field. His dedication in educating several generations of corporate executives was recognized by BusinessWeek which ranked him as one of the top ten business school professors in the U.S.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePaul Hanouna\u003c\/b\u003e is an Associate Professor of Finance at Villanova University. He has held visiting positions at Santa Clara University, the Indian School of Business in Hyderabad, Copenhagen Business School, and HEC Paris. He has been a resident fellow at the Federal Deposit Insurance Corporation, a financial economist at the Securities and Exchange Commission, and a consultant for the International Monetary Fund. Dr. Hanouna specializes in corporate and international finance and his research has been published in journals such as the \u003ci\u003eJournal of Banking and Finance, Journal of Corporate Finance, Journal of Economic Dynamics and Control,\u003c\/i\u003e and \u003ci\u003eJournal of Financial Intermediation,\u003c\/i\u003e and presented at leading international conferences.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAtulya Sarin\u003c\/b\u003e is a Professor of Finance at the Leavey School of Business at Santa Clara University. He has taught numerous graduate and undergraduate courses, including International Finance, and has won numerous academic honors and awards, including the Dean's Award for Research and Extraordinary Performance. Dr. Sarin has published over 25 articles in leading finance, economics, and management journals such as the \u003ci\u003eJournal of Finance, Journal of Financial Economics, Journal of Applied Corporate Finance, Academy of Management Journal,\u003c\/i\u003e and \u003ci\u003eJournal of Financial and Quantitative Analysis.\u003c\/i\u003e Dr. Sarin specializes in economic analyses of global transfer pricing issues and has served as an expert witness and consulted for firms ranging in size from small, closely held companies to international conglomerates, and representing many different industries, as well for government agencies and departments.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989661860069,"sku":"NP9781394187836","price":146.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394187836.jpg?v=1761785004","url":"https:\/\/k12savings.com\/products\/multinational-financial-management-isbn-9781394187836","provider":"K12savings","version":"1.0","type":"link"}