International Financial Management: Theory and Application

INTERNATIONAL INVESTMENT AND THE MULTINATIONAL FIRM: THEORETICAL BASES.International Portfolio Investment.Direct Investment.Capital Market Integration and Asset Valuation.THE CURRENCY FACTOR.Determinants of Exchange Rates.Financial Parity Relationships and Market Efficiency.Purchasing Power Parity and the Real Exchange Rate.FINANCIAL MANAGEMENT OF INTERNATIONAL OPERATIONS.Foreign Exchnage Risk Management.Accounting for Exchange Fluctuations and Measuring Performance.Taxation and Financial Logistics.INVESTMENT AND LONG TERM FINANCING.Financing Decisions and Techniques.Capital Budgeting.