Global Corporate Finance

A Focused Approach

Global Corporate Finance, 2nd edition written by a son-father team introduces students and practitioners to those principles essential to the understanding of global financial problems and the policies that global business managers contend with. The objective of this book is to equip current and future business leaders with the tools they need to interpret the issues, to make sound global financial decisions, and to manage the wide variety of risks that modern businesses face in a competitive global environment. In line with its objective, the book stresses practical applications in a concise and straightforward manner, without a complex treatment of theoretical concepts. Instructors who want students to possess practical, job-oriented skills in international finance will find this unique text ideal for their needs. Suitable for both undergraduate- and graduate-level courses in international finances, this book is clearly the "go-to" book on one most important aspect of corporate finance.

The revised, 2nd edition offers updates to the chapters, answers to some end-of-chapter problems, and a number of practical case-studies. It also comes with a complete set of online ancillary materials, including an Instructor's Manual, a test bank of 500 multiple-choice questions, two sets of PowerPoint lecture slides, and separate, detailed lecture notes.

The ancillary materials are available upon request for instructors who adopt this book as a course text.

Contents:

• The Global Financial Environment:

  • Globalization and the Global Company
  • Motives for World Trade and Foreign Investment
  • Balance of Payments and International Monetary System

• Corporate Foreign Exchange Risk Management:

  • The Foreign Exchange Market and Parity Conditions
  • Currency Futures and Options
  • Financial Swaps
  • Managing Transaction Exposure and Economic Exposure
  • Translation Exposure Management

• The Global Financing Strategy:

  • International Financial Markets
  • Financing International Transactions

• The Global Investment Strategy:

  • International Working Capital Management
  • International Portfolio Investment
  • The Cost of Capital for Foreign Projects
  • Foreign Direct Investment Analysis
  • Corporate Performance of Foreign Operations

Readership: Students in the fields of International Finance and Corporate Finance, MBA students.
Key Features:

• Global Corporate Finance is the most straightforward, the most international oriented, and the most practical textbook in the market, yet it is still comprehensive, hence very suitable as a textbook or reference book
• An analytical mini case concludes each chapter, which presents situations for which students must analyze possible actions based on what they have learned in the chapter
• Internet exercises at the end of each closing case have been added to explain how the Internet may be used to access international financial data and obtain information on the case concepts
• A great text for instructors who want students to possess practical, job-oriented skills in international finance