Abstract:
International Financial Management, Ninth Edition, is organized fi rst to provide a
background on the international environment and then to focus on the managerial
aspects from a corporate perspective. Managers of MNCs will first need to understand
the environment before they can manage within it.
Description:
Each chapter is self-contained, so that professors can use classroom time to focus
on the more comprehensive topics and rely on the text to cover the other concepts.
The management of long-term assets (chapters on direct foreign investment, multinational
capital budgeting, multinational restructuring, and country risk analysis)
is covered before the management of the long-term liabilities (chapters on capital
structure and long-term financing), since the financing decisions are dependent on the investments.
