CONTENTS : PART ONE Foundations of International Financial Management CHAPTER 1 Globalization and the Multinational Firm CHAPTER 2 International Monetary System CHAPTER 3 Balance of Payments CHAPTER 4 Corporate Governance around the World PART TWO The Foreign Exchange Market, Exchange Rate Determination, and Currency Derivatives CHAPTER 5 The Market for Foreign Exchange CHAPTER 6 International Parity Relationships and Forecasting Foreign Exchange Rates CHAPTER 7 Futures and Options on Foreign Exchange PART THREE Foreign Exchange Exposure and Management CHAPTER 8 Management of Transaction Exposure CHAPTER 9 Management of Economic Exposure CHAPTER 10 Management of Translation Exposure PART FOUR World Financial Markets and Institutions CHAPTER 11 International Banking and Money Market CHAPTER 12 International Bond Market CHAPTER 13 International Equity Markets CHAPTER 14 Interest Rate and Currency Swaps CHAPTER 15 International Portfolio Investment PART FIVE Financial Management of the Multinational Firm CHAPTER 16 Foreign Direct Investment and Cross-Border Acquisitions CHAPTER 17 International Capital Structure and the Cost of Capital CHAPTER 18 International Capital Budgeting CHAPTER 19 Multinational Cash Management CHAPTER 20 International Trade Finance CHAPTER 21 International Tax Environment Glossary Index