International Financial Management

Author: Zhang Chaoying
Publisher:
Publish Date: 2005-02-01
Features: This textbook focuses on the financial activities of multinational corporations, exploring and researching issues such as working capital management, financing management, investment management, and risk avoidance in multinational operations. It reveals the patterns and essence of financial activities in multinational groups. The book is divided into five parts and thirteen chapters. Part I introduces the basics of international financial management, including three chapters: Overview of International Financial Management, Foreign Exchange Markets, and Money Futures and Options Markets. Part II covers the knowledge of foreign exchange risk management, including two chapters: Foreign Exchange Rate Forecasting and Foreign Exchange Risk Management. Part III introduces the knowledge of international financing management, including three chapters: International Credit Financing, International Securities Financing, and Specific Direction Financing. Part IV introduces the knowledge of international investment management, including three chapters: Overview of International Investment, International Direct Investment Management, and International Securities Investment Management. The final part focuses on international tax management, providing a comprehensive introduction to the avoidance and methods of international double taxation.
This textbook is tailored to the operational characteristics of multinational groups, with financial activities as the main thread and risk avoidance as the core. It begins with an introduction to the fundamental theories of exchange rates and gradually delves deeper in a systematic and progressive manner, providing a relatively thorough explanation of the principles and methods of financial management for multinational corporations. In terms of risk avoidance techniques, it primarily introduces the application of derivative financial instruments. Regarding investment and financing, it mainly covers international investment and financing methods and markets. In working capital management, it emphasizes the methods of managing the stock and flow of funds.
To support teaching and facilitate learning, each chapter includes a large number of exercises, and the book is accompanied by teaching slides and an exercise answer CD-ROM, which can help learners better master the relevant knowledge.