Description
Focused on real-life decision making in an international context, this text demystifies and simplifies multinational financial management in a clear, conceptual framework. The approach is to treat international financial management as a natural and logical extension of the principles and valuation framework provided by domestic corporate financial management to account for dimensions unique to international finance.
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This textbook provides a conceptual framework for analyzing financial decisions in multinational firms. It emphasizes broad concepts and practices rather than focusing extensively on quantitative material. All the traditional areas of corporate finance are covered from the perspective of multinational corporations; these include working capital management, capital budgeting, cost of capital, and financial structure. Shapiro teaches at the University of Southern California. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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