Renowned for its authoritative, comprehensive coverage of contemporary international finance. Globalization and the Multinational Enterprise; Financial Goals & Governance; The International Monetary System; The Balance of Payments; Current Multinational Financial Challenges: Crisis; The Foreign Exchange Market International Parity Conditions; Foreign Currency Derivatives; Interest Rate and Cross Currency Swaps; Foreign Exchange Rate Determination & Forecasting; Transaction Exposure; Operating Exposure; Translation Exposure; The Global Cost and Availability of Capital; Sourcing Equity Globally; Sourcing Debt Globally; International Portfolio Theory & Investment; Foreign Direct Investment Theory & Strategy; Multinational Capital Budgeting; Multinational Tax Management; Working Capital Management; International Trade Finance MARKET: For the leaders of tomorrow's multinational enterprises who will recognize and capitalize on the unique characteristics of global markets.
Very high number of errors in the end-of-chapter exercises. I will never, ever understand the fact that in higher education, it is completely appropriate to expect flawlessness from students, while selling them outrageously expensive textbooks that are full of typos, miscalculations, misprints and just plain incompetence.
It is a graduate level international finance book, so it sometimes becomes hard to understand if you are not good at the fundamental. But, otherwise, it is very comprehensive and the authors are prominent in their field.