Authors: Cheol Eun, Bruce Resnick
ISBN-13: 9780073382340, ISBN-10: 0073382345
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: October 2008
Edition: 5th Edition
Cheol S. Eun (Ph.D., NYU, 1981) is a professor of finance and currently holds the Thomas R. Williams Chair in International Finance at Georgia Institute of Technology. Before joining Georgia Tech, he taught at Kent State University, University of Minnesota, and the University of Maryland, and at the Wharton School of the University of Pennsylvania. He has published extensively on international finance issues in such major journals as the Journal of Finance, JFQA, Journal of Banking and Finance, Journal of Portfolio Management, Management Science, and Oxford Economic Papers. Currently he is an associate editor of the Journal of Banking and Finance, Global Finance Journal, European Financial Management. Professor Eun has taught a variety of courses at the undergraduate, graduate, and executive levels and was the winner of the Krowe Teaching Excellence Award at the University of Maryland and has served as a consultant to many national and international organizations.
Bruce G. Resnick (D.B.A. Indiana, 1979) is a professor of management at the Babcock Graduate School of Management of Wake Forest University. Prior to coming to the Babcock School, he taught at Indiana University for ten years, the University of Minnesota for five years, and California State University for two years. Professor Resnick has also taught as a visiting professor at Bond University, Gold Coast, Queensland, Australia, and at the Helsinki School of Economics and Business Administration. Like Professor Eun, he has had research articles published in the most prestigious academic journals, and he has served as a consultant to a number of nonprofit and for-profit organizations in the selection of investment managers for organizational funds
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.
Ch. 1 | Globalization and the multinational firm | 4 |
Ch. 2 | International monetary system | 25 |
Ch. 3 | Balance of payments | 59 |
Ch. 4 | Corporate governance around the world | 78 |
Ch. 5 | The market for foreign exchange | 106 |
Ch. 6 | International parity relationships and forecasting foreign exchange rates | 132 |
Ch. 7 | Futures and options on foreign exchange | 162 |
Ch. 8 | Management of transaction exposure | 192 |
Ch. 9 | Management of economic exposure | 222 |
Ch. 10 | Management of translation exposure | 244 |
Ch. 11 | International banking and money market | 266 |
Ch. 12 | International bond market | 293 |
Ch. 13 | International equity markets | 313 |
Ch. 14 | Interest rate and currency swaps | 337 |
Ch. 15 | International portfolio investment | 356 |
Ch. 16 | Foreign direct investment and cross-border acquisitions | 394 |
Ch. 17 | International capital structure and the cost of capital | 422 |
Ch. 18 | International capital budgeting | 449 |
Ch. 19 | Multinational cash management | 467 |
Ch. 20 | International trade finance | 487 |
Ch. 21 | International tax environment | 498 |