| Autore |
Eiteman David K.
|
| Edizione | [Fourteenth, global edition.] |
| Pubbl/distr/stampa |
Boston : , : Pearson, , [2016]
|
| Descrizione fisica |
1 online resource (618 pages)
|
| Disciplina |
658.1599
|
| Collana |
Pearson series in finance
|
| Soggetto topico |
International business enterprises - Finance
|
| Formato |
Materiale a stampa  |
| Livello bibliografico |
Monografia |
| Lingua di pubblicazione |
eng
|
| Nota di contenuto |
Cover -- Title Page -- Copyright Page -- Preface -- Acknowledgments -- About the Authors -- Contents -- PART 1 Global Financial Environment -- Chapter 1 Multinational Financial Management: Opportunities and Challenges -- Financial Globalization and Risk -- The Global Financial Marketplace -- The Theory of Comparative Advantage -- What Is Different about International Financial Management? -- Market Imperfections: A Rationale for the Existence of the Multinational Firm -- The Globalization Process -- Summary Points -- MINI-CASE: Crowdfunding Kenya -- Questions -- Problems -- Internet Exercises -- Chapter 2 The International Monetary System -- History of the International Monetary System -- IMF Classification of Currency Regimes -- Fixed versus Flexible Exchange Rates -- A Single Currency for Europe: The Euro -- Emerging Markets and Regime Choices -- Globalizing the Chinese Renminbi -- Summary Points -- MINI-CASE: Iceland-A Small Country in a Global Crisis -- Questions -- Problems -- Internet Exercises -- Chapter 3 The Balance of Payments -- Fundamentals of BOP Accounting -- The Accounts of the Balance of Payments -- BOP Impacts on Key Macroeconomic Rates -- Trade Balances and Exchange Rates -- Capital Mobility -- Summary Points -- MINI-CASE: Global Remittances -- Questions -- Problems -- Internet Exercises -- Chapter 4 Financial Goals and Corporate Governance -- Who Owns the Business? -- The Goal of Management -- Publicly Traded versus Privately Held: The Global Shift -- Corporate Governance -- Summary Points -- MINI-CASE: Luxury Wars-LVMH vs. Hermès -- Questions -- Problems -- Internet Exercises -- PART 2 Foreign Exchange Theory and Markets -- Chapter 5 The Foreign Exchange Market -- Functions of the Foreign Exchange Market -- Structure of the Foreign Exchange Market -- Transactions in the Foreign Exchange Market.
Size of the Foreign Exchange Market -- Foreign Exchange Rates and Quotations -- Summary Points -- MINI-CASE: The Venezuelan Bolivar Black Market -- Questions -- Problems -- Internet Exercises -- Chapter 6 International Parity Conditions -- Prices and Exchange Rates -- Interest Rates and Exchange Rates -- Forward Rate as an Unbiased Predictor of the Future Spot Rate -- Prices, Interest Rates, and Exchange Rates in Equilibrium -- Summary Points -- MINI-CASE: Mrs. Watanabe and the Japanese Yen Carry Trade -- Questions -- Problems -- Internet Exercises -- Appendix: An Algebraic Primer to International Parity Conditions -- Chapter 7 Foreign Currency Derivatives: Futures and Options -- Foreign Currency Futures -- Currency Options -- Option Pricing and Valuation -- Advanced Topic: Currency Option Pricing Sensitivity -- Summary Points -- MINI-CASE: KiKos and the South Korean Won -- Questions -- Problems -- Internet Exercises -- Appendix: Currency Option Pricing Theory -- Chapter 8 Interest Rate Risk and Swaps -- Interest Rate Foundations -- Interest Rate Risk -- Interest Rate Futures and FRAs -- Interest Rate Swaps -- Cross-Currency Swaps -- Summary Points -- MINI-CASE: Argentina and the Vulture Funds -- Questions -- Problems -- Internet Exercises -- Chapter 9 Foreign Exchange Rate Determination -- Exchange Rate Determination: The Theoretical Thread -- Currency Market Intervention -- Disequilibrium: Exchange Rates in Emerging Markets -- Forecasting in Practice -- Summary Points -- MINI-CASE: Russian Ruble Roulette -- Questions -- Problems -- Internet Exercises -- PART 3 Foreign Exchange Exposure -- Chapter 10 Transaction Exposure -- Types of Foreign Exchange Exposure -- Why Hedge? -- Ganado's Transaction Exposure -- Risk Management in Practice -- Advanced Topics in Hedging -- Summary Points -- MINI-CASE: China Noah Corporation -- Questions -- Problems.
Internet Exercises -- Appendix: Complex Option Hedges -- Chapter 11 Translation Exposure -- Overview of Translation -- Translation Methods -- Ganado Corporation's Translation Exposure -- Managing Translation Exposure -- Summary Points -- MINI-CASE: McDonald's, Hoover Hedges, and Cross-Currency Swaps -- Questions -- Problems -- Internet Exercises -- Chapter 12 Operating Exposure -- A Multinational's Operating Exposure -- Measuring Operating Exposure: Ganado Germany -- Strategic Management of Operating Exposure -- Proactive Management of Operating Exposure -- Summary Points -- MINI-CASE: Toyota's European Operating Exposure -- Questions -- Problems -- Internet Exercises -- PART 4 Financing the Global Firm -- Chapter 13 The Global Cost and Availability of Capital -- Financial Globalization and Strategy -- International Portfolio Theory and Diversification -- The Demand for Foreign Securities: The Role of International Portfolio Investors -- The Cost of Capital for MNEs Compared to Domestic Firms -- Summary Points -- MINI-CASE: Novo Industri A/S (Novo) -- Questions -- Problems -- Internet Exercises -- Chapter 14 Raising Equity and Debt Globally -- Designing a Strategy to Source Capital Globally -- Optimal Financial Structure -- Optimal Financial Structure and the Multinational -- Raising Equity Globally -- Depositary Receipts -- Private Placement -- Foreign Equity Listing and Issuance -- Raising Debt Globally -- Summary Points -- MINI-CASE: Petrobrás of Brazil and the Cost of Capital -- Questions -- Problems -- Internet Exercises -- Appendix: Financial Structure of Foreign Subsidiaries -- Chapter 15 Multinational Tax Management -- Tax Principles -- Multinational Tax Management -- Tax Havens and International Offshore Financial Centers -- Google: An Illustrative Case of Profit Repositioning -- Corporate Inversion -- Summary Points.
MINI-CASE: Apple's Global iTax Strategy -- Questions -- Problems -- Internet Exercises -- Chapter 16 International Trade Finance -- The Trade Relationship -- Benefits of the System -- Key Documents -- Government Programs to Help Finance Exports -- Trade Financing Alternatives -- Forfaiting: Medium- and Long-Term Financing -- Summary Points -- MINI-CASE: Crosswell International and Brazil -- Questions -- Problems -- Internet Exercises -- PART 5 Foreign Investments and Investment Analysis -- Chapter 17 Foreign Direct Investment and Political Risk -- Sustaining and Transferring Competitive Advantage -- The OLI Paradigm and Internationalization -- Deciding Where to Invest -- Modes of Foreign Investment -- Illustrative Case: Corporate Competition from the Emerging Markets -- Predicting Political Risk -- Country-Specific Risk: Transfer Risk -- Country-Specific Risk: Cultural and Institutional Risk -- Global-Specific Risk -- Summary Points -- MINI-CASE: Strategic Portfolio Theory, Black Swans, and [Avoiding] Being the Turkey -- Questions -- Internet Exercises -- Chapter 18 Multinational Capital Budgeting and Cross-Border Acquisitions -- Complexities of Budgeting for a Foreign Project -- Illustrative Case: Cemex Enters Indonesia -- Real Option Analysis -- Project Financing -- Cross-Border Mergers and Acquisitions -- Summary Points -- MINI-CASE: Elan and Royalty Pharma -- Questions -- Problems -- Internet Exercises -- Answers to Selected End-of-Chapter Problems -- Glossary.
|
| Record Nr. | UNINA-9910154927603321 |
Info
Managing human resources in the oil & gas industry / / Steve Werner; Andrew Inkpen; Michael H. Moffett
