INTERNATIONAL CORPORATE FINANCE, 10e, Indian Edition builds on fundamental principles of corporate finance to provide the information and insights you need to succeed in today's dynamic global business environment. This thorough text includes a detailed introduction to the world of international finance, in which multinational corporations continue to expand and play an increasingly important role in global commerce. The text then focuses on a wide range of managerial topics from a corporate perspective, combining in-depth coverage of essential financial theory with a strong emphasis on hands-on, real-world applications. Known for its reader-friendly style and clear explanations, INTERNATIONAL CORPORATE FINANCE, 10e, Indian Edition gives you the tools to understand and manage within the exciting field of international finance.
Key Features: * The tenth edition features extensive updates throughout the text, including coverage of the ongoing global financial and credit crises, which are highlighted for easy reference. * New "Credit Crisis" term paper suggestions at the end of Chapter One invite students to begin exploring key concepts within a practical and immediately relevant context. * A special section at the end of each chapter includes references students can use to find additional information on topics of interest or areas where they could benefit from further study. * Questions and Applications to conclude each chapter have been expanded and revised, giving students a variety of timely and relevant exercises and examples to help them master and apply course material. * The text now includes a new exchange rate trends list, providing additional emphasis on this important aspect of international finance. * A diagram at the beginning of each part of the text illustrates, in general terms, how key concepts are related, while lists of objectives open each chapter, giving students a useful preview of upcoming material to help guide their reading and studying. * Key features and topics are highlighted throughout the text for convenient reference, including coverage of international corporate governance and websites with useful information related to key concepts. * Internet and Excel exercises throughout the text introduce students to relevant information and resources online and guide them to use spreadsheets to apply important concepts. * A "Self Test" at the end of each chapter allows students to evaluate their understanding of key concepts, while midterm and final xams, covering macro and market condition chapters and managerial chapters, respectively, facilitate a more comprehensive review. * Point/Counterpoint exercises stimulate critical thinking by introducing a controversial topic, presenting two opposing views, and challenging students to decide which opinion they support and to explain their reasoning.
Table of Contents Part I: 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 Integrative Problem for Part I
Part II: 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 Integrative Problem for Part II
Part III: EXCHANGE RATE RISK MANAGEMENT 9. Forecasting Exchange Rates 10. Measuring Exposure to Exchange Rate Fluctuations 11. Managing Transaction Exposure 12. Managing Economic Exposure and Translation Exposure Integrative Problem for Part III
Part IV: LONG-TERM ASSET AND LIABILITY MANAGEMENT 13. Direct Foreign Investment 14. Multinational Capital Budgeting Appendix 14: Incorporating International Tax Laws in Multinational Capital Budgeting 15. International Corporate Governance and Control 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 V: SHORT-TERM ASSET AND LIABILITY MANAGEMENT 19. Financing International Trade 20. Short-Term Financing 21. International Cash Management Appendix 21: Investing in a Portfolio of Currencies Integrative Problem for Part V
Appendix A: Answers to Self Test Questions Appendix B: Supplemental Cases Appendix C: Using Excel to Conduct Analysis Appendix D: International Investing Project Appendix E: Discussion in the Boardroom