Includes index.

Content: Part one: Foundations of international financial management -- Globalization and the multinational firm -- International monetary system -- Balance of payments -- Corporate governance around the world -- Part two:The foreign exchange market, exchange rate determination, and currency derivatives -- The market of foreign exchange -- International parity relationships and forecasting foreign exchange rates -- Future and options on foreign exchange -- Part three: Foreign exchange exposure and management -- Management of economic exposure -- Management of translation exposure -- Part four: World financial markets and institutions -- International banking and money market -- International bond market -- International equity markets -- Interest rate and currency swaps -- International portfolio investment -- Part five:Financial management of the multinational firm -- Foreign direct investment and cross-border acquisitions -- International capital structure and the cost of capital -- International capital budgeting --Multinational cash management -- International trade finance -- International tax environment and transfer pricing.