000			07045cam a2200361 i 4500
999			_c89346 _d89346
005			20250514112043.0
008			250104b ||||| |||| 00| 0 eng d
010			_a 2023037527
020			_a9789811281952 _q(hardcover)
020			_z9789811281969 _q(ebook)
020			_z9789811281976 _q(ebook other)
040			_aDLC _beng _erda _cDLC _dDLC
041			_aeng
042			_apcc
050	0	0	_aHG4027.5 _b.K555 2024
082	0	0	_a658.15/99 _223/eng/20230810
100	1		_aKim, Suk H., _eauthor.
245	1	0	_aGlobal corporate finance : _ba focused approach / _cSuk H. Kim, University of Detroit Mercy, USA.
250			_aFourth edition.
264		1	_aNew Jersey : _bWorld scientific, _c[2024]
264		4	_c©2024
300			_axx, 427 pages : _billustrations ; _c26 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index.
505	0		_aCover Halftitle Title Copyright Currencies of the World Preface Acknowledgements About the Authors Contents PART ONE: THE GLOBAL FINANCIAL ENVIRONMENT Chapter 1. Globalization and the Global Company 1.1 Reasons to Study International Finance 1.2 Company Goals and Functions of Financial Management 1.3 MNCs and their Performance 1.4 Principles of Global Finance 1.5 Agency Theory and Corporate Governance 1.6 Environmental Differences 1.7 The Structure of the Book 1.8 Summary 1.9 Key Terms Bibliography Chapter 2. Motives for World Trade and Foreign Investment 2.1 Motives for Foreign Trade 2.2 Economic Integration 2.3 Motives for Foreign Investment 2.4 A Synthesis of Foreign Trade and Investment Theories 2.5 Summary 2.6 Key Terms 2.7 Problems Chapter 3. Balance of Payments and International Monetary System 3.1 An Overview of the Balance of Payments 3.2 A Successful Foreign Exchange System 3.3 The International Monetary Fund 3.4 Summary 3.5 Key Terms 3.6 Problems PART TWO: CORPORATE FOREIGN EXCHANGE RISK MANAGEMENT Chapter 4. The Foreign Exchange Market and Parity Conditions 4.1 Participants in the Exchange Market 4.2 Spot Exchange Quotation: Spot Exchange Rate 4.3 Forward Exchange Quotation: Forward Exchange Rate 4.4 International Parity Conditions 4.5 Arbitrages 4.6 Summary 4.7 Key Terms 4.8 Problems Chapter 5. Currency Futures and Options 5.1 The Currency Futures Market 5.2 The Currency Options Market 5.3 Futures Options 5.4 Summary 5.5 Key Terms 5.6 Problems Chapter 6. Financial Swaps 6.1 The Emergence of the Swap Market 6.2 Plain Vanilla Swaps 6.3 Motivations for Swaps 6.4 Summary 6.5 Key Terms 6.6 Problems Chapter 7. Managing Transaction Exposure and Economic Exposure 7.1 Basic Nature of Foreign Exchange Exposures 7.2 Transaction Exposure Management 7.3 Economic Exposure Management 7.4 Summary 7.5 Key Terms 7.6 Problems Chapter 8. Translation Exposure Management 8.1 Translation Rules 8.2 FASB No. 8 and FASB No. 52 8.3 Hedging Translation Exposure 8.4 Summary 8.5 Key Terms 8.6 Problems PART THREE: THE GLOBAL FINANCING STRATEGY Chapter 9. International Financial Markets 9.1 Eurocurrency Markets 9.2 Eurocurrency Interbank Market 9.3 The International Capital Market 9.4 International Loans 9.5 Financial Crises of Industrialized Countries 9.6 Summary 9.7 Key Terms 9.8 Problems Chapter 10. Financing International Transactions 10.1 Basic Documents in Foreign Trade 10.2 The Payment Terms of Export Transactions 10.3 Sources of Financing Foreign Trade 10.4 Internal Sources of Funds for Foreign Investment 10.5 External Sources of Funds for Foreign Investment 10.6 Development Banks 10.7 Summary 10.8 Key Terms 10.9 Problems PART FOUR: THE GLOBAL INVESTMENT STRATEGY Chapter 11. International Working Capital Management 11.1 Basic Concepts of Working Capital Management 11.2 Cash Management 11.3 Accounts Receivable Management 11.4 Inventory Management 11.5 Summary 11.6 Key Terms 11.7 Problems Chapter 12. International Portfolio Investment 12.1 Key Terminologies 12.2 Benefits of International Diversification 12.3 Methods of International Diversification 12.4 Summary 12.5 Key Terms 12.6 Problems Chapter 13. The Cost of Capital for Foreign Projects 13.1 The Weighted Average Cost of Capital 13.2 Optimum Capital Structure 13.3 The Marginal Cost of Capital and Investment Decisions 13.4 Cultural Values and Capital Structure 13.5 Summary 13.6 Key Terms 13.7 Problems Chapter 14. Foreign Direct Investment Analysis 14.1 How to Invest Abroad: Modes of Foreign Investment 14.2 The Foreign Investment Decision Process 14.3 Portfolio Theory 14.4 Capital Budgeting Theory and Practice 14.5 Motives for Cross-Border Mergers and Acquisitions 14.6 Political Risk Management 14.7 Summary 14.8 Key Terms 14.9 Problems Chapter 15. Corporate Performance of Foreign Operations 15.1 Global Control System and Performance Evaluation 15.2 International Taxation 15.3 Transfer Pricing and Tax Planning 15.4 Summary 15.5 Key Terms 15.6 Problems Answers to Selected End-of-Chapter Problems Glossary Index
520			_a"Global Corporate Finance: A Focused Approach, 4th edition (GCF4) introduces students and practitioners to those principles essential to the understanding of global financial problems and the policies that global business managers contend with. The objective of this book is to equip current and future business leaders with the tools they need to interpret the issues, to make sound global financial decisions, and to manage the wide variety of risks that modern businesses face in a competitive global environment. In line with its objective, the book stresses practical applications in a concise and straightforward manner, without a complex treatment of theoretical concepts. All chapters in the 4th edition have been updated to include new materials, eliminate unnecessary and outdated materials, and include more non-US materials. Each chapter contains the following four new items: an opening mini case, a global finance in practice, a list of key terms at the end of each chapter, and a closing mini case. The GCF4 is suitable for appropriate courses, no matter where in the world it is taught, because it does not adopt any specific national viewpoint. Moreover, it is self-contained, and it combines theory and applications. The earlier editions of the GCF4 have been adopted by many colleges, universities, and management development programs worldwide, particularly because the book stresses practical applications in a user-friendly format. Supplementary materials are available to instructors who adopt this textbook. These include: An Instructor's Manual A Test Bank of 700 multiple choice questions Two sets of PowerPoint lecture notes Detailed Word Lecture notes Chapter Outlines for Students"-- _cProvided by publisher.
650		0	_aInternational business enterprises _xFinance.
650		0	_aCorporations _xFinance.
650		0	_aInternational finance.
942			_2ddc _cBK