Renowned for its authoritative, comprehensive coverage of contemporary international finance, Multinational Business Finance trains the leaders of tomorrow's multinational enterprises to recognize and capitalize on the unique characteristics of global markets. Because the job of a manager is to make financial decisions that increase firm value, the authors have embedded real-world mini-cases throughout to apply chapter concepts to the types of situations managers of multinational firms face.

Multinational financial management : challenges and opportunities -- The international monetary system -- The balance of payments -- Financial goals and corporate governance -- The foreign exchange market -- International parity conditions -- Foreign currency futures and options -- Interest rate derivatives and swaps -- Exchange rate determination and forecasting -- Transaction exposure -- Translation exposure -- Operating exposure -- The global cost and availability of capital -- Raising equity and debt globally -- Multinational tax management -- International trade finance -- Foreign direct investment and political risk -- Multinational capital budgeting and cross-border acquisitions -- .