ESCP Europe

International Financial is written based on two distinct parts: emphasis on the basics and emphasis on a managerial perspective. As capital markets of the world become more integrated, a solid understanding of international finance has become essential for astute corporate decision making. International Financial Management provides students with a foundation for analysis that will serve them well in their careers ahead. The decision-making process is presented through the text with the goal of teaching students how to make informed managerial decisions in an evolving global financial landscape. This new global edition includes new and expanded coverage or recent economic developments, such as the global financial crisis, the sovereign debt crisis in Europe, the Eurozone crisis, and trends in cross-border investment. International Finance also draws on numerous examples across the globe, using topical events such as the Satyam scandal, European farmers embracing hedging, and outsourcing in South America to help apply the theory through real life events. from back cover.

PART ONE: FOUNDATIONS OF INTERNATIONAL FINANCIAL MANAGEMENT --- Chapter 1: Globalization and the multinational firm --- Chapter 2: International monetary system --- Chapter 3: Balance of payments --- Chapter 4: Corporate governance around the world --- PART TWO: THE FOREIGN EXCHANGE MARKET, EXCHANGE RATE DETERMINATION, AND CURRENCY DERIVATIVES ---Chapter 5: The market for foreign exchange --- Chapter 6: International parity relationships and forecasting foreign exchange rates --- Chapter 7: Futures and options on foreign exchange --- PART THREE: FOREIGN EXCHANGE EXPOSURE AND MANAGEMENT --- Chapter 8: Management of transaction exposure --- Chapter 9: Management of economic exposure --- Chapter 10: Management of translation exposure --- PART FOUR: WORLD FINANCIAL MARKETS AND INSTITUTIONS --- Chapter 11: International banking and money market --- Chapter 12: International bond market --- Chapter 13: International equity markets --- Chapter 14: Interest rate and currency swaps --- Chapter 15: International portfolio investment --- PART FIVE: FINANCIAL MANAGEMENT OF THE MULTINATIONAL FIRM --- Chapter 16: Foreign direct investment and cross-border acquisitions ---Chapter 17: International capital structure and the cost of capital --- Chapter 18: International capital budgeting --- Chapter 19: Multinational cash management --- Chapter 20: International trade finance --- Chapter 21: International tax environment and transfer pricing --- Glossary --- Index..