Multinational Finance

Series
Financial Times
Author
Adrian Buckley  
Publisher
Pearson
Cover
Softcover
Edition
5
Language
English
Total pages
808
Pub.-date
December 2003
ISBN13
9780273682097
ISBN
0273682091
Related Titles


Product detail

Product Price CHF Available  
9780273682097
Multinational Finance
74.20 approx. 7-9 days

Description

Multinational Finance is an authoritative and comprehensive description of the theory and practice of international finance and its management. This fifth edition builds on the strengths of previous editions, offering a user-friendly guide to the subject that moves through the basics to the advanced with clarity and conciseness. The content has been thoroughly revised to incorporate the most up to date information in terms of markets, coverage of new financial instruments, and the latest empirical work (in particular in relation to discount rates and required rates of return). A key feature of this edition is its strong European orientation, a theme that runs throughout the book and makes Multinational Finance unique in its field.

Multinational Finance is recommended for undergraduate, MBA and other postgraduate courses in international financial management taken as a part of a degree programme in finance or international business. The book also caters for professionals in the financial field.

 

Features

  • Strong European orientation with full coverage of markets and issues relating to this region make the book ideal for courses in Europe.
  • Plenty of exercises and multiple choice questions are provided for each part to allow students to track their own progress.
  • Each chapter ends with an extensive summary, sign-posted with bullet points to ease the revision of key points.
  • Much-praised, comprehensive glossary.

New to this Edition

  • Up-to-date coverage of international accounting (IFRS) and recent empirical studies.
  • Foreign exchange coverage fully revised with Euro currency referenced throughout the book.
  • Improved coverage of essential areas and issues such as international capital budgeting, and country risk bring students entirely up-to-date.
  • Two-colour text design greatly improves readability.
  • Companion website with extra support for both lecturers and students.
  • New end of chapter questions with answers provided at the back of the book.
  • Table of Contents

    Preface and acknowledgements
    PART A: ESSENTIAL BACKGROUND
    1. Introduction
    2. The international monetary system
    3. Corporate finance around the world
    PART B: FOREIGN EXCHANGE
    4. Exchange rates: the basic equations
    5. Foreign exchange markets
    6. The balance of payments
    7. Theories and empiricism on exchange rate movements
    8. Definitions of foreign exchange risk
    9. Financial accounting and foreign exchange
    TEST BANK 1
    Exercises
    Multiple choice questions
    PART C: HEDGING 
    10. Does foreign exchange exposure matter?
    11. Principles of exposure management
    12. Internal techniques of exposure management
    13. External techniques of exposure management
    TEST BANK 2
    Exercises
    Multiple choice questions
    PART D: DERIVATIVES
    14. Swaps
    15. Financial futures and foreign exchange
    16. Options
    17. Currency options
    18. Interest rate risk
    19. Financial engineering
    TEST BANK 3
    Exercises
    Multiple choice questions
    PART E: INTERNATIONAL CAPITAL BUDGETING
    20. The internationalization process
    21. Exchange controls and corporate tax in international investment
    22. The international capital budgeting framework
    23. The international capital budgeting model
    24. International investment: what discount rate?
    25. Country risk analysis and political risk
    26. International capital budgeting: the practicalities
    TEST BANK 4
    Exercises
    Multiple choice questions
    PART F: INTERNATIONAL FINANCING
    27. International debt instruments
    28. Financing the multinational and its overseas subsidiaries
    29. Cash management
    30. Project finance
    31. Financing international trade and minimizing credit risk
    PART G: MISCELLANEOUS
    32. Miscellaneous issues in multinational finance
    TEST BANK 5
    Exercises
    Multiple choice questions
    Suggested answers to selected exercises Suggested answers to end of chapter questions
    Solutions to multiple choice questions
    Appendix 1: Present value of $1
    Appendix 2: Present value of $1 received annually for n years
    Appendix 3: Table of areas under the normal curve
    Appendix 4: Black and Scholes value of call option expressed as a percentage of the share price
    Appendix 5: Present value of $1 with a continuous discount rate, r , for T periods.
    Values of e-rt Appendix 6: SWIFT codes
    Glossary
    References
    Index  

    Back Cover

    Multinational Finance

    is an authoritative and comprehensive description of the theory and practice of international finance and its management.

    This fifth edition builds on the strengths of previous editions, offering a user-friendly guide to the subject that moves through the basics to the advanced with clarity and conciseness. The content has been thoroughly revised to incorporate the most up-to-date information in terms of markets, coverage of new financial instruments, and the latest empirical work (in particular in relation to discount rates and required rates of return). A key feature of this edition is its strong European orientation, a theme that runs throughout the book and makes Multinational Finance unique in its field.

    New to this edition:

    • Up-to-date coverage of international accounting (IFRS) and recent empirical studies.
    • Foreign exchange coverage fully revised with euro currency referenced throughout the book.
    • Improved coverage of essential areas and issues such as international capital budgeting and country risk bring students entirely up to date.
    • Two-colour text design greatly improves readability.
    • Companion Website with extra support for both lecturers and students at www.booksites.net/buckley.
    • New end of chapter questions with answers provided at the back of the book.

    Features:

    • Strong European orientation with full coverage of markets and issues relating to this region make the book ideal for courses in Europe.
    • Plenty of exercises and multiple choice questions are provided for each part to allow students to track their own progress.
    • Each chapter ends with an extensive summary, sign-posted with bullet points to ease the revision of key points.
    • Much-praised, comprehensive glossary.

    Multinational Finance is recommended for undergraduate, MBA and other postgraduate courses in international financial management taken as a part of a degree programme in finance or international business. The book also caters for professionals in the financial field.

    The author

    Dr Adrian Buckley is Professor of International Finance at Cranfield School of Management, Cranfield University, and a Visiting Professor at the Free University, Amsterdam.


    Instructor Resources