Global corporate finance : text and cases / Suk H. Kim, Seung H. Kim.

CONTENTS

Introduction
reasons to study international finance
company goals and functions of financial management
multinational companies and their performance
e.tc

Motives for world trade and foreign investment
motives for foreign trade
economic integration
motives for foreign Investment
e.tc

The balance of payments
double-entry accounting
balance of payments accounts
the actual balance of payments
e.tc

The international monetary system
a successful foreign exchange system
a brief history of the international monetary system
the international monetary fund
e.tc

An overview of the foreign exchange market
dimensions of the foreign exchange market
major participants in the exchange market
e.tc

Currency futures and options
the currency futures market
the currency options market
future options
e.tc


Financial Swaps
the emergence of the swap market
plain vanilla swaps
motivation for swaps
e.tc

Exchange-Rate Forecasting
measuring exchange-rate changes
forecasting needs of the multinational company
forecasting floating exchange rates
e.tc

Foreign exchange risk management
foreign exchange exposures
translation exposure management
transaction exposure management
economic exposure management
e.tc

International Financial Markets
Eurocurrency markets
The Asian Currency market
the international capital market
e.tc

International banking operations and country
international banking operations
country risk analysis
The U.S debt analysis
e.tc

Financing Foreign trade
Basic documents in foreign trade
the payment terms of export transactions
sources of financing foreign trade
e.tc

Financing foreign investment
internal sources of funds
external sources of funds
development banks
e.tc

Current Asset management
basic concepts of current asset management
cash management
Accounts receivable management
inventory management
e.tc

International Portfolio Investment
Key terminologies
Benefits of international diversification
methods of international diversification
e.tc

Foreign Direct Investment Strategy
an overview of foreign direct investment
direct investment in the third world
international mergers and acquisitions
e.tc

Multinational capital expenditure analysis
the foreign investment decision process
portfolio theory
capital budgeting theory and practice
e.tc

The cost of capital for foreign projects
The weighted average cost of capital
optimum capital structure
the cost of capital in the US and Japan
e.tc

Political risk management
the nature of political risks
types of political risk
forecasting political risk
e.tc

Multinational Accounting
major issues in multinational accounting
global control systems and performance evaluation
Foreign corrupt practices Act
e.tc

International taxation
national tax environments
Parent-country taxation of multinational operations
tax incentives for foreign investment
taxation of US citizens abroad
e.tc


International transfer pricing
Transfer pricing objectives
section 482 of the US Internal revenue code, and transfer pricing
e.tc

Includes bibliographical references and indexes.