Fundamentals of Multinational

About the Author

is an associate professor of finance at Thunderbird, the Garvin Graduate School of International Management. He received a BA in economics from the University of Texas at Austin, an MS in resource economics from Colorado State University, and an MA and a PhD in economics from the University of Colorado, Boulder. http://www.dropshippers.co.za/

In addition to teaching, Moffett has authored, coauthored, or contributed to six books and fifteen other publications. Some of the publications his articles have appeared in include the Journal of Financial and Quantitative Analysis, the Journal of Applied Corporate Finance, and the Journal of International Money and Finance. http://www.dropshippers.co.za/

Arthur I. Stonehill is an emeritus professor of finance and international business at Oregon State University, where he taught for twenty-four years. After receiving his PhD in business administration from the University of California, Berkeley, he was awarded honorary doctorates from the Aarhus School of Business and the Copenhagen Business School in Denmark, and from Lund University in Sweden. http://www.dropshippers.co.za/

Stonehill has also authored or coauthored nine books and twenty-five other publications. His articles have appeared in numerous publications including Financial Management, the Journal of International Business Studies, and California Management Review. http://www.dropshippers.co.za/

David K. Eiteman is an emeritus professor of finance at the John E. Anderson Graduate School of Management at UCLA. He received his PhD in finance from Northwestern University and is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and the Western Finance Association. http://www.dropshippers.co.za/

Besides teaching, Eiteman has also authored or coauthored four books and twenty-nine other publications. His articles have appeared in various publications such as the Journal of Finance, the International Trade Journal, and the Financial Analysts Journal. http://www.dropshippers.co.za/

Table of Contents

Part I: Global Financial Environment

• Chapter 1: Globalization and the Multinational Enterprise
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Chapter 2: Financial Goals and Corporate Governance

Chapter 3: The International Monetary System http://www.dropshippers.co.za/

Chapter 4: The Balance of Payments

Chapter 5: The Foreign Exchange Market http://www.dropshippers.co.za/

Part II: Foreign Exchange Theory

Chapter 6: International Parity Conditions

Chapter 7: Foreign Exchange Rate Determination & Forecasting http://www.dropshippers.co.za/

Chapter 8: Foreign Currency Derivatives

Part III: Foreign Exchange Exposure

Chapter 9: Transaction Exposure

Chapter 10: Operating Exposure http://www.dropshippers.co.za/

Chapter 11: Translation Exposure

Part IV: Financing the Global Firm

Chapter 12: Global Cost and Availability of Capital

Chapter 13: Sourcing Equity Capital Globally http://www.dropshippers.co.za/

Chapter 14: Financial Structure and International Debt

Chapter 15: Interest Rate and Currency Swaps http://www.dropshippers.co.za/

Part V: International Investment Decisions

Chapter 16: International Portfolio Theory and Diversification

Chapter 17: Foreign Direct Investment Theory and Strategy http://www.dropshippers.co.za/

Chapter 18: Political Risk Assessment and Management

Chapter 19: Multinational Capital Budgeting http://www.dropshippers.co.za/

Part VI: Managing Multinational Operations

Chapter 20: International Trade Finance

Chapter 21: Multinational Tax Management http://www.dropshippers.co.za/

Chapter 22: Working Capital Management

• Additional chapter available on the Companion Website:
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Cross-Border Mergers, Acquisitions, and Valuation