This thorough, comprehensive introduction to international financial management provides an expert guide to the workings of international capital markets, the financing of international business, the complexities of international taxation and the use of financial instruments such as swaps and options. Written by professionals, the book guides the reader through each key topic, targeting the issues underpinning successful financial strategy in the global markets of the 1990s.
List of Figures. List of Tables. About the Editor and Contributors. Preface. Part 1: Introduction. 1. The Framework of International Corporate Finance Harvey A Poniachek. Part 2: International Financial and Capital Markets. 2. The Global Monetary and Financial System Harvey A Poniachek. 3. The Foreign-Exchange Market Harvey A Poniachek. Appendix: Foreign-Exchange Formulas and How to Operate in the Currency Market Christopher S Bourdain. 4. The International Money and Capital Markets. Harvey A Poniachek. 5. Financial Institutions in International Finance Alexander E Fleming. Part 3: International Business and Its Financing. 6. Multinationals and International Business John Hein. 7. International Trade and Its Fianncing Joseph A Arnett. 8. Foreign Direct Investment David Gold. 9. The Balance of Payments and Its Financing Joseph G Kvasnicka. Part 4: International Corporate Financial Management. 10. Financing of Foreign Operations by MNCs. Lawrence M Krackov. 11. Foreign Currency Exposure and Hedging Policies Harvey A Poniachek. Appendisx: CBS Inc.’s Foreign Exchange Exposure Management Practices Lawrence M Krackov. 12. International Cash Management and Positioning of Funds. David Spiselman. 13. MNC Taxation Richard M Hammer and Charles T Crawford. Part 5: Utilizing Currency Swaps and Options. 14. Currency Swaps Frank Ribeiro. 15. Currency Options Scott N Dillman. Part 6: Summary and Conclusion 16. Closing Comments Harvey A Poniachek. Appendices: Artificial Currencies Brenda Baskin, Assessing Country Risk: A Practical Approach Harvey A Poniachek. Index.