International Financial Management » (10th Edition)

Jeff Madura is the SunTrust Bank Professor of Finance at Florida Atlantic University. He received his Ph.D. from Florida State University and has written several highly regarded textbooks, including FINANCIAL MARKETS AND INSTITUTIONS. His research on international finance has been published in numerous journals, including the JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS; JOURNAL OF MONEY, CREDIT AND BANKING; FINANCIAL MANAGEMENT; JOURNAL OF FINANCIAL RESEARCH; and FINANCIAL REVIEW. He has received multiple awards for excellence in teaching and research and has served as a consultant for international banks, securities firms, and other multinational corporations. He has also served as director for the Southern Finance Association and Eastern Finance Association and as president of the Southern Finance Association.

Discover how practical international finance can be with the unique blend of international finance theory and current applications found in INTERNATIONAL FINANCIAL MANAGEMENT, ABRIDGED EDITION, 9E. Using familiar companies such as Nike, author Jeff Madura clearly explains international finance in understandable terms with the support of hands-on applications. The book focuses on management decisions that maximize a firm's value. Readers examine some of the latest developments in international finance with the text's timely examples and extensive links to related Internet content. New Excel® exercises and a variety of multinational corporation projects help readers refine their international finance skills. This Abridged Edition provides flexibility and an economical text choice by offering all chapters from the Full Edition but makes several of the chapters that are less frequently used available online at http://academic.cengage.com/finance/madura. Readers develop the international finance management skills needed to succeed in today's ever-changing market with the balance of solid theory and practical applications found in Madura's INTERNATIONAL FINANCIAL MANAGEMENT, ABRIDGED EDITION, 9E.

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This textbook describes the current international economic environment in which multinational corporations operate. It covers the international financial environment, exchange rate behavior, exchange rate risk management, and asset and liability management in the long- and short-term. As it presumes a grasp of basic corporate finance, the book is suitable for use in upper-level undergraduate courses, or master's level courses. A companion CD-ROM contains projects, slides, exercises, and a study guide. Madura teaches finance at Florida Atlantic University. Annotation c. Book News, Inc., Portland, OR (booknews.com)

PART
1. THE INTERNATIONAL FINANCIAL ENVIRONMENT.
1. Multinational Financial Management: An Overview.
2. International Flow of Funds.
3. International Financial Markets.
Appendix
3. Investing in International Financial Markets.
4. Exchange Rate Determination.
5. Currency Derivatives.
Appendix
5. Currency Option Pricing.
PART
2. EXCHANGE RATE BEHAVIOR.
6. Government Influence on Exchange Rates.
Appendix
6. Government Intervention on the Asian Crisis.
7. International Arbitrage and Interest Rate Parity.
8. Relationships between Inflation, Interest Rates, and Exchange Rates.
PART
3. EXCHANGE RATE RISK MANAGEMENT.
9. Forecasting Exchange Rates.
10. Measuring Exposure to Exchange Rate Fluctuations.
Appendix
10. Estimating the Variability of a Currency Portfolio.
11. Managing Transaction Exposure.
12. Managing Economic Exposure and Translation Exposure. Integrative Problem for Part III.
PART
4. LONG-TERM ASSET AND LIABILITY MANAGEMENT.
13. Direct Foreign Investment.
14. Multinational Capital budgeting.
Appendix 14A. Incorporating International Tax Laws in Multinational Capital Budgeting.
15. Multinational Restructuring.
16. Country Risk Analysis.
17. Multinational Cost of Capital and Capital Structure.
Appendix
17. The Capital Structure Puzzle for Multinational Corporations.
18. Long-Term Financing. Integrative Problem for Part IV.
PART
5. SHORT-TERM ASSET AND LIABILITY MANAGEMENT.
19. Financing International Trade.
20. Short-Term Financing. 21.International Cash Management.
Appendix
21. Investing in a Portfolio ofCurrencies. Integrative Problem for Part V.