Multinational Finance

Some key facts about multinational finance; the international monetary system to 1945; the international monetary system since 1945; exchange rates - the basic equations; the foreign exchange market; the balance of payments; theories of exchange rate movements; definitions of foreign exchange; financial accounting and foreign exchange; empirical studies of foreign exchange markets; does foreign exchange exposure matter; information for exposure management; internal techniques of exposure management; external techniques of exposure management; swaps; financial futures and foreign exchange; currency options; international debt instruments; interest rate risk; financing international trade and minimizing credit risk; international capital budgeting; international capital budgeting - the practicalities; political risk; why hedge anyway?; economic exposure revisited; corporate hedging policies; financing the multinational and its overseas subsidiaries; measuring the cost of international borrowing; project finance; international taxation; exchange controls; the evolution and evaluation of international strategy and takeovers; cash management; performance measurement; financial engineering; miscellaneous issues in multinational finance.