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International Financial Management,
13th Edition

Jeff Madura

ISBN-13: 9781337099738 | ISBN-10: 1337099732

Copyright 2018

| Published 2017

| 752 pages

List Price USD $249.95

Overview

Coupling in-depth coverage of essential theory with practical applications, Madura's INTERNATIONAL FINANCIAL MANAGEMENT, 13e, builds on the fundamental principles of corporate finance to provide the timely information and contemporary insights you need to prosper in today's global business environment. This best-seller introduces international finance with a focus on the important role that modern multinational corporations play in global commerce and discusses a wide range of managerial topics using a strong corporate perspective. Clear explanations, real-world applications, relevant examples, self-tests, and hands-on applications help you maximize your course success. In addition, MindTap Finance enables you to connect with your instructor, organize coursework, and access a range of study tools, including an e-book and apps -- all in one place.

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Meet the Authors

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Dr Jeff Madura is Emeritus Professor of Finance at Florida Atlantic University. He has written several successful finance texts, including Financial Markets and Institutions (now in its 12th edition). His research on international finance has been published in numerous journals, including Journal of Financial and Quantitative Analysis; Journal of Banking and Finance; Journal of Money, Credit and Banking; Journal of International Money and Finance; Financial Management; Journal of Financial Research; Financial Review; Journal of International Financial Markets, Institutions and Money; Global Finance Journal; International Review of Financial Analysis and Journal of Multinational Financial Management. Dr Madura has received multiple awards for excellence in teaching and research, and he has served as a consultant for international banks, securities firms and other multinational corporations. He served as a director for the Southern Finance Association and the Eastern Finance Association, and he is also former president of the Southern Finance Association.

  • Chapter 14, "Multinational Capital Budgeting," now includes more detailed information about how managers (and students) can use electronic spreadsheets to facilitate the international capital budgeting process and apply sensitivity analysis.
  • In Chapter 2, "International Flow of Funds," the balance of payments accounting coverage has been revised to make it consistent with the recent format used by the U.S. government for reporting specific accounts.
  • Chapter 10, "Measuring Exposure to Exchange Rate Fluctuations," includes an improved flow between sections and gives more emphasis to the value at risk method for assessing exchange rate exposure.
  • Chapter 8, "Relationships among Inflation, Interest Rates, and Exchange Rates," has been reworked to synthesize the relationships between the Fisher effect, purchasing power parity, and the international Fisher effect.
  • Delivering the most current coverage available, all chapters in the 13th edition have been thoroughly updated to include recent developments in international financial markets as well as the latest tools used to manage a multinational corporation.
  • Chapter 6, "Government Influence on Exchange Rates," now includes sections on black markets for currencies as well as the recent challenges of the European Central Bank to stabilize financial conditions in the eurozone.
  • The robust selection of chapter applications gives students plenty of hands-on practice and includes Point/Counter-Point exercises evaluating two alternative points of view, Critical Thinking Questions to prompt student short essays, Continuing Cases, Small Business Dilemmas, Internet/Excel Exercises, and Supplemental Cases.
  • End-of-chapter self-test questions and problems, a self-test midterm exam, and a self-test final exam help students assess their understanding of concepts -- and maximize their course success.
  • Reflecting the latest from real-world practice, INTERNATIONAL FINANCIAL MANAGEMENT heavily emphasizes the use of practical examples in every chapter.
  • Hands-on Experiential Exercises give students additional real-world practice. Discussion In The Boardroom features place students in the position of a board member of a multinational corporation. Running Your Own MNC requires students to use their entrepreneurial skills to create their own small multinational corporation. The International Investing Project enables students to make international portfolio decisions.
  • Timely updates throughout the 13th edition reflect the most current research and trends from the field. Up-to-date content prepares your students to deal with the most recent financial changes, developments, and emerging issues in international finance.
  • Each part ends with an Integrative Problem based on concepts covered within chapters contained in that part -- helping students build on the skills they are learning.

Table of Contents

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Part I: THE INTERNATIONAL FINANCIAL ENVIRONMENT.
1. Multinational Financial Management: An Overview.
2. International Flow of Funds.
3. International Financial Markets.
4. Exchange Rate Determination.
5. Currency Derivatives.
Part II: EXCHANGE RATE BEHAVIOR.
6. Government Influence on Exchange Rates.
7. International Arbitrage and Interest Rate Parity.
8. Relationships among Inflation, Interest Rates, and Exchange Rates.
Part III: EXCHANGE RATE RISK MANAGEMENT.
9. Forecasting Exchange Rates.
10. Measuring Exposure to Exchange Rate Fluctuations.
11. Managing Transaction Exposure.
12. Managing Economic Exposure and Translation Exposure.
Part IV: LONG-TERM ASSET AND LIABILITY MANAGEMENT.
13. Direct Foreign Investment.
14. Multinational Capital Budgeting.
15. International Corporate Governance and Control.
16. Country Risk Analysis.
17. Multinational Capital Structure and Cost of Capital.
18. Long-Term Debt Financing.
Part V: SHORT-TERM ASSET AND LIABILITY MANAGEMENT.
19. Financing International Trade.
20. Short-Term Financing.
21. International Cash Management.

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

Instructor's Companion Website for Madura's International Financial Management, 13th

ISBN13:9781337269988
ISBN10:1337269980
Find everything you need for your course in one place. This collection of book-specific lecture and class tools is available online via www.cengage.com/login. Access and download PowerPoint® presentations, images, instructor's manual, videos, and more.

Cengage Testing, powered by Cognero® for Madura's International Financial Management

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Cengage Learning Testing, powered by Cognero®, is a flexible, online system that allows you to import, edit, and manipulate content from the text's test bank or elsewhere, including your own favorite test questions. Create multiple test versions in an instant and deliver tests from your LMS, your classroom, or wherever you want.

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International Financial Management

  • ISBN-10: 1337099732
  • ISBN-13: 9781337099738

Price USD$ 249.95

eBook: International Financial Management 12Months

  • ISBN-10: 8000009862
  • ISBN-13: 9788000009865

Price USD$ 108.49

MindTap: International Financial Management 12Months

  • ISBN-10: 1337295973
  • ISBN-13: 9781337295970

Price USD$ 160.00

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