Includes index.

Contents: 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 for foreign exchange -- International parity relationships and forecasting foreign exchange rates -- Futures and options on foreign exchange -- Part three: Foreign exchange exposure and management: Management of transaction exposure -- 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.