Multinational Finance

By Kirt C. Butler

Book Overview

Multinational Finance assumes the viewpoint of the financial manager of a multinational corporation with investment or financial operations in more than one country. The text provides a framework for evaluating the many opportunities, costs, and risks of multinational operations in a manner that allows readers to see beyond the algebra and terminology to the general principles of multinational financial management. Multinational Finance includes coverage of traditional topics such as foreign exchange and Eurocurrency markets, multinational treasury management, management of currency risk exposures (transaction, operating, and translation), country risk, multinational capital structure and cost of capital, taxation of foreign source income, and international portfolio diversification. Also included are distinctive chapters on the economic rationale for hedging currency risks, derivatives markets (with separate chapters on currency futures, options, and swaps), real options in international markets, international corporate governance, and international asset pricing. Intended for MBA and advanced undergraduate classes, the text requires only a single preparatory course in finance. Chapters that extend material from the first course begin with a brief review of the fundamentals. Numerous graphs and figures assist the reader in understanding key financial concepts and techniques are used in practice. Advanced material is placed in chapter appendices, so that study can be tailored to each individual's objectives.

• Format: Paperback
• Language: English
• ISBN: 1405181184
• ISBN13: 9781405181181
• Release Date: January 2008
• Publisher: Wiley & Sons, Incorporated, John
• Length: 696 Pages
• Weight: 3.76 lbs.
• Dimensions: 1.6" x 7.9" x 9.9"

Customer Reviews

great

I got a very good price, a great book, and the shipping time was good.

Good CS

The seller sent the book out the same day. That was great but the postal service dropped the ball. The book was routed to vermont instead of virginia but the seller offered a refund and was very empathetic.

A Handy Reference Book for MBA Level

This textbook is used in our MBA International Finance course (1 semester) and we basically covered about 80% of the materials in the class. The book is well organised and, most importantly, the notations are very clear which helps understanding the materials. Each chapter include a list of references so that students who need to do further research (e.g. for their projects) can start from there. There are also extensive references to the current developments in international finance arena including internet links. We used the Conceptual Questions and Problems at the end of each chapter for revision purpose as well. I do not find much numerical errors as other reviewers mentioned in 2nd edition. Overall I find it very well-written and was useful for my learning experience.