Synopses & Reviews
Prepare for success in international finance with this best-selling book's effective presentation of in-depth theory and practical applications. INTERNATIONAL FINANCIAL MANAGEMENT, 11E builds on the fundamental principles of corporate finance to provide the timely information and contemporary insights needed to prosper in today's global business environment. This book discusses a wide range of managerial topics using a strong corporate perspective. This edition highlights financial reform and its impact on the international finance today. An emphasis on the most recent financial changes and industry trends further prepares readers to understand and effectively manage within the dynamic field of international finance.
Review
"This text is concise and well written [in] covering the latest methods of ... financial management for multinational corporations doing business in highly integrated business environment. ..."
Synopsis
This book combines a strong foundation in international finance theory with current, practical applications. It provides thorough, up-to-date treatment of cutting-edge international finance issues along with traditional coverage of international financial management. This book is known for its readability and clear explanations, as well as its extensive use of hands-on, real-world applications and reader-oriented pedagogy.
About the Author
Dr. Jeff Madura presently serves as the SunTrust Bank Professor of Finance at Florida Atlantic University. He has written several successful finance texts, including INTERNATIONAL FINANCIAL MANAGEMENT. His research on international finance has been published in numerous journals, including Journal of Financial and Quantitative Analysis; Journal of Money, Credit and Banking; Financial Management; Journal of Financial Research; and Financial Review. Dr. Madura has received multiple awards for excellence in teaching and research, and has served as a consultant for international banks, securities firms, and other multi-national corporations. He earned his B.S. and M.A. from Northern Illinois University and his D.B.A. from Florida State University. Dr. Madura has served as a director for the Southern Finance Association and Eastern Finance Association and is also former president of the Southern Finance Association. Dr. Madura has received awards for excellence in teaching and research, and has served as a consultant for international banks, securities firms, and other multi-national corporations. He earned his B.S. and M.A. from Northern Illinois University and his D.B.A. from Florida State University. Dr. Madura has served as a director for the Southern Finance Association and Eastern Finance Association and is former president of the Southern Finance Association.
Table of Contents
Part I: THE INTERNATIONAL FINANCIAL ENVIRONMENT. 1. Multinational Financial Management: An Overview. 2. International Flow of Funds. 3. International Financial Markets. 4. Exchange Rate Determination. 5. Currency Derivatives. Part II: EXCHANGE RATE BEHAVIOR. 6. Government Influence on Exchange Rates. 7. International Arbitrage and Interest Rate Parity. 8. Relationships among Inflation, Interest Rates, and Exchange Rates. Part III: EXCHANGE RATE RISK MANAGEMENT. 9. Forecasting Exchange Rates. 10. Measuring Exposure to Exchange Rate Fluctuations. 11. Managing Transaction Exposure. 12. Managing Economic Exposure and Translation Exposure. Part IV: LONG-TERM ASSET AND LIABILITY MANAGEMENT. 13. Direct Foreign Investment. 14. Multinational Capital Budgeting. 15. International Corporate Governance and Control. 16. Country Risk Analysis. 17. Multinational Cost of Capital and Capital Structure. 18. Long-Term Debt Financing (new chapter name). Part V: SHORT-TERM ASSET AND LIABILITY MANAGEMENT. 19. Financing International Trade. 20. Short-Term Financing. 21. International Cash 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. Glossary. Direct Exchange Rates over Time (inside front and back covers). Index.