International Finance A Casebook

by
Edition: 1st
Format: Hardcover
Pub. Date: 2006-02-03
Publisher(s): WILEY
List Price: $171.68

Buy New

Usually Ships in 3-4 Business Days
$171.51

Rent Textbook

Select for Price
There was a problem. Please try again later.

Used Textbook

We're Sorry
Sold Out

eTextbook

We're Sorry
Not Available

How Marketplace Works:

  • This item is offered by an independent seller and not shipped from our warehouse
  • Item details like edition and cover design may differ from our description; see seller's comments before ordering.
  • Sellers much confirm and ship within two business days; otherwise, the order will be cancelled and refunded.
  • Marketplace purchases cannot be returned to eCampus.com. Contact the seller directly for inquiries; if no response within two days, contact customer service.
  • Additional shipping costs apply to Marketplace purchases. Review shipping costs at checkout.

Summary

These case studies offer a unique perspective on making financial decisions in a globalizing world. The cases build the basics of understanding international financial markets - including the economics of exchange rates and international asset allocation - and then consider how firm financing and investment decisions must adapt to international circumstances. The cases provide the opportunity to consider the most critical firm financial decisions - from foreign exchange hedging strategies, the financing of multinational firm subsidiaries, cross-border valuation, to how to measure and manage the risks of operating in emerging markets. Order your copy today.

Author Biography

Mihir A. Desai is the Rock Center Associate Professor of Finance and Entrepreneurial Management and the MBA Class of 1961 Fellow at Harvard Business School (HBS) where he has taught since 1998. He is also a Faculty Research Fellow in the National Bureau of Economic Research's Public Economics and Corporate Finance Programs. His research on international finance and public economics has been published in leading academic journals such as the Quarterly Journal of Economics, the Journal of Finance, the Journal of Financial Economics and the Journal of Public Economics and has been cited widely in the business press. A fuller discussion of his research and publications can be found at www. people.hbs.edu/mdesai.

The cases in this book were developed for Professor Desai's second-year elective, entitled "International Financial Management," that he has taught at HBS since 2004. In addition, Professor Desai co-teaches Public Economics at Harvard College, is the Faculty Chair of the executive program on Cross-Border Financial Decision Making and has participated in numerous executive education programs at HBS. He received the Student Association Award for teaching excellence from the HBS Class of 2001. Professor Desai received h is Ph.D. in political economy from Harvard University; his MBA as a Baker Scholar from HBS; and a bachelors degree in history and economics from Brown University. in 1994, he was Fulbright Scholar to India. His Professional experiences include working at CS First Boston and advising a number of firms and governmental organizations.

Table of Contents

Introduction xi
PART 1 EXCHANGE RATES, MARKETS, AND FIRMS
1(128)
Module 1.1 Exchange Rates and Global Markets
3(3)
Foreign Exchange Markets and Transactions
6(27)
Exchange Rate Policy at the Monetary Authority of Singapore
33(23)
Innocents Abroad: Currencies and International Stock Returns
56(29)
Module 1.2 Exchange Rates and Firms
81(4)
Hedging Currency Risks at AIFS
85(16)
Foreign Exchange Hedging Strategies at General Motors: Transactional and Translational Exposures
101(21)
Foreign Exchange Hedging Strategies at General Motors: Competitive Exposures
122(7)
PART 2 MULTINATIONAL FINANCE
129(146)
Module 2.1. Financing Decisions Within the Firm
131(4)
The Refinancing of Shanghai General Motors
135(19)
Corporate Inversions: Stanley Works and the Lure of Tax Havens
154(15)
The Continuing Transformation of Asahi Glass: Implementing EVA
169(34)
Module 2.2 Valuing Cross-Border Investments
199(4)
Valuing a Cross-Border LBO: Bidding on the Yell Group
203(17)
Globalizing the Cost of Capital and Capital Budgeting at AES
220(23)
Dow Chemical's Bid for the Privatization of PBB in Argentina
243(32)
PART 3 CROSS-BORDER FINANCING
275(110)
Drilling South: Petrobras Evaluates Pecom
281(26)
Nestle and Alcon---The Value of a Listing
307(19)
Cross-Border Listings and Depositary Receipts
326(29)
Tax-Motivated Film Financing at Rexford Studios
355(12)
The Strategy and Sources of Motion Picture Finance
367(18)
PART 4 INSTITUTIONS AND FINANCE
385(2)
Module 4.1 Finance in Weak Institutional Environments
387(3)
Growing Up in China: The Financing of BabyCare Ltd.
390(15)
Czech Mate: CME and Vladimir Zelezny (A)
405(13)
Czech Mate: CME and Vladimir Zelezny (B)---CME Negotiates
418(6)
Czech Mate: CME and Vladimir Zelezny (C)---The Struggle for Control
424(5)
Czech Mate: CME and Vladimir Zelezny (D)---Resolution
429(4)
Czech Mate: CME and Vladimir Zelezny (E)---CME Returns
433(2)
Module 4.2 Regulatory Regimes
435(3)
Antitrust Regulations in a Global Setting: The EU Investigation of the GE--Honeywell Merger
438(16)
Redesigning Sovereign Debt Restructuring Mechanisms
454

An electronic version of this book is available through VitalSource.

This book is viewable on PC, Mac, iPhone, iPad, iPod Touch, and most smartphones.

By purchasing, you will be able to view this book online, as well as download it, for the chosen number of days.

Digital License

You are licensing a digital product for a set duration. Durations are set forth in the product description, with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.

More details can be found here.

A downloadable version of this book is available through the eCampus Reader or compatible Adobe readers.

Applications are available on iOS, Android, PC, Mac, and Windows Mobile platforms.

Please view the compatibility matrix prior to purchase.