Description
Taxmann International Financial Management Text & Cases by Madhu Vij
Taxmann’s International Financial Management | Text & Cases by Madhu Vij – 4th Edition 2021.
International Financial Management provides an effective and detailed presentation of important concepts and practical application in today’s global business environment, which includes:
Foreign Exchange Market
International Financial System
Eurocurrency Market
Currency Futures & Options
Swaps
Country Risk Analysis
Capital Budgeting
The key highlight of this book is that it uses several examples (both numerical & theoretical) to highlight the applications of various dimensions of international finance.
This book aims to fulfil the requirement of students of PGDM, MBA, M.Com., Master of Economics, Master of Finance & Control (MFC), MIB, other Post Graduate Diploma in Risk Management & other post-graduate specialized disciplines.
The Present Publication is the 4th Edition, authored by Prof. Madhu Vij. The book has been organized around five major areas, namely:
[International Financial Environment] emphasizing its institutional set-up while discussing why is it important to study international finance. This area is further subdivided into four chapters, namely:
Overview of the International Financial Management
History of International Monetary System; Emphasis on Bretton Woods System
International Financial Institutions with a particular focus on the World Bank, International Monetary Fund (IMF), and European Monetary System
Balance of Payment Concepts and Accounting
[The Foreign Exchange Markets]
Derivatives
Foreign Currency Futures and Options Contracts that are traded on Stock Exchanges
Forex Markets with an emphasis on Fundamentals of Forex Trading, Overview of Operations of the Spot and Foreign Exchange Markets, How is Foreign Exchange Quoted and Traded Worldwide
[Managing Foreign Exchange Exposure]
Management of Foreign Exchange Risk with a discussion on kinds of exposure MNCs face
Translation Exposure or Accounting Exposure, which discusses the various methods for translating financial statements
Management of Transaction Exposure that arises from contractual obligations denominated in a foreign currency
Management of Economic Exposure
[Financial Management of the Multinational Firm]
Foreign Direct Investment
Cost of Capital and Capital Structure of the MNC
Application and Interpretation of MNC Capital Budgeting explaining various methods with the help of numerical examples and case studies
Multinational Cash Management
Identifies and Analyses the Various Dimensions of Country Risk Analysis
Eurocurrency and Eurobond Market
[Managing Foreign Operations]
Interest Rate and Currency Swaps explaining how they can be used to reduce financing costs and risks
Global Depository Receipts and American Depository Receipts.