International Financial Management - Cheol Eun,Bruce Resnick

About the book
The overriding objective of the text is to teach students how to be effective global financial managers. The text covers the fundamentals of the macroeconomic environment of international financial management, discusses the financial environment in which the multinational firm and its managers must function, and covers foreign exchange management and financial management in a multinational firm.

Key features

This edition emphasizes rigorous business strategy, even more than accessibility, so that students are put in the role of the financial manager to make real world decisions.

Thorough information and follow up on the effects of the Euro and the Asian Currency Crisis, hot topics in International Finance. The authors build upon the information provided in the Postscript 2000 Edition

Each chapter includes related web resources that provide real world support to the topics discussed.

Thorough coverage of financial markets and financial management with the markets coverage presented early in the text - setting this text apart from the competition.

The text maintains its management focus and theoretical rigor, which means it fits well in elective and advanced undergraduate and graduate courses.

Chapter and sections are modular in nature, facilitating coverage of parts in different order to suit the needs of the adopter.

Supplemental topics, which can be skipped without loss of continuity, are clearly marked within the text. Selected end-of-chapter problems (set off by an icon) are keyed to this advanced material. However, much of the material has been streamlined into the main text to provide a more refined presentation of the related topics.

?International Finance in Practice? boxes from the popular press and actual companies show how the concepts being discussed are used in the real world.

Each chapter contains several numerical examples to more clearly explicate a concept.

Selected end-of-chapter material contains mini-cases that push the student beyond questions and problems.

Table of contents

Part I Foundations of International Financial Management
Chapter 1 Globalization and the Multinational Firm
Chapter 2 International Monetary System
Chapter 3 Balance of Payments
Chapter 4 The Market for Foreign Exchange
Chapter 5 International Parity Relationships and Forecasting Foreign Exchange Rates
Part II World Financial Markets and Institutions
Chapter 6 International Banking and Money Market
Chapter 7 International Bond Market
Chapter 8 International Equity Markets
Chapter 9 Futures and Options on Foreign Exchange
Chapter 10 Currency and Interest Rate Swaps
Chapter 11 International Portfolio Investments
Part III Foreign Exchange Exposure and Management
Chapter 12 Management of Economic Exposure
Chapter 13 Management of Transaction Exposure
Chapter 14 Management of Translation Exposure
Part IV Financial Management of the Multinational Firm
Chapter 15 Foreign Direct Investment
Chapter 16 International Capital Structure and the Cost of Capital
Chapter 17 International Capital Budgeting
Chapter 18 Multinational Cash Management
Chapter 19 Exports and Imports
Chapter 20 International Tax Environment