Global Corporate Finance

Part 1 The global financial environment: motives for world trade and foreign investment; the balance of payments; the International Monetary System. Part 2 Foreign exhange risk management: an overview of the foreign exchange market; currency futures and options; financial swaps; foreign exchange risk management. Part 3 Financing international transactions: international financial markets; international banking operations and country risk analysis; financing foreign trade; financing foreign investment. Part 4 Global asset management: current asset management; international portfolio investment; foreign direct investment strategy; multinational capital budgeting analysis; the cost of capital for foreign projects; political risk management. Part 5 Global reporting and controlling: multinational accounting; international taxation; international transfer pricing. Part 6 Case problems in global corporate finance: case 1 - US trade policy for Japan and Korea; case 2 - a North American Free Trade Agreement; case 3 - Caterpillar Tractor Co; case 4 - the Columbian Peso; case 5 - Merck & Co Inc; case 6 - Dozier Industries; case 7 - Electrolux acquisitions; case 8 - NUMMI; case 9 - Ford reinvestment in South Africa; case 10 - World Electronic Corporation; case 11 - Advanced Technology Company; case 12 - Daimler-Benz; answers to selected end-of-chapter problems.