Multinational Business Finance, Global Edition, 16th edition

Published by Pearson (February 9, 2024) © 2023

  • David K. Eiteman Retired; UCLA Anderson
  • Arthur I. Stonehill Retired; Oregon State University
  • Michael H. Moffett Thunderbird School of Global Management at Arizona State University
Products list
Products list

This product is expected to ship within 5-7 business days for Australian customers.

Products list

Multinational Business Finance trains the leaders of tomorrow's multinational enterprises to recognize and capitalize on the unique characteristics of global markets. Because the job of a manager is to make financial decisions that increase a firm's value, the authors have embedded real-world mini-cases throughout, applying chapter concepts to the types of situations managers of real multinational firms encounter.

The 16th Edition attempts to capture the rapid evolution of our global marketplace. It takes a closer look at the types of organizations that permeate the widespread arena, competition and opportunities in emerging markets. It also examines how financial leadership can integrate the strategic and financial challenges that global businesses face today.

PART I: GLOBAL FINANCIAL ENVIRONMENT

  • 1. Multinational Financial Management: Challenges and Opportunities
  • 2. International Monetary System
  • 3. The Balance of Payments
  • 4. Financial Goals, Corporate Governance and the Market for Corporate Control

PART II: FOREIGN EXCHANGE THEORY & MARKETS

  • 5. The Foreign Exchange Market
  • 6. International Parity Conditions
  • Appendix: An Algebraic Primer to International Parity Conditions
  • 7. Foreign Currency Derivatives: Futures & Options
  • Appendix: Currency Option Pricing Theory
  • 8. Interest Rate Risk and Swaps
  • 9. Foreign Exchange Rate Determination & Intervention

PART III: FOREIGN EXCHANGE EXPOSURE

  • 10. Transaction Exposure
  • Appendix A: Complex Option Hedges
  • Appendix B: The Optimal Hedge Ratio and Hedge Effectiveness
  • 11. Translation Exposure
  • 12. Operating Exposure

PART IV: FINANCING THE GLOBAL FIRM

  • 13. Global Cost and Availability of Capital
  • 14. Funding the Multinational Firm
  • 15. Multinational Tax Management
  • 16. International Trade Finance

PART V: FOREIGN INVESTMENTS AND INVESTMENT ANALYSIS

  • 17. Foreign Direct Investment & Political Risk
  • 18. Multinational Capital Budgeting & Cross-Border Acquisitions
  • Answers to select end-of-chapter problems

Need help? Get in touch