product title: Fundamentals of Multinational Finance, Global Edition, 7th edition

Format types

eTextbook = A standalone digital replacement of a print textbook. You have 3 access durations to choose from to best suit your course. (180 day/12 month/5 years). Does not include access to the MyLab platform.

Fundamentals of Multinational Finance teaches you about global markets and how to lead organizations through a constantly changing global environment. Via illuminating case studies and real-world examples, the text introduces the fundamental concepts and tools you need to know to implement an effective global financial management strategy.

The 7th Edition reflects the juxtaposed forces of an increasingly digital global marketplace and a resurgence of nationalist culture and identity. It reflects a business world trying to find a new balance between business startups like the micro-multinational, a maturing China, and a separatist Britain (Brexit). It also explores attempts by governments globally to channel, regulate and tax multinational firms that continue to grow in stature and strength.

New to this edition

• New Content helps students navigate major emerging markets, new market currencies, government intervention and more.
• Interest Rate Risk and Swaps. A new chapter details the various interest rate risks of the MNE and the practical use of interest rate and cross currency swaps.
• The Foreign Exchange Market and Digital Trade. New material explores how the changing structure of the global foreign exchange market (trading, communication, and settlement) is posing challenges for private players and public regulators and overseers.
• International Taxation. Integrally linked to a world of digital commerce, multinational tax management continues to rise in its significance in multinational financial management.
• Political Risk and Financial Losses. The chapter on foreign direct investment and political risk has been revised to reflect the growing use of restrictions on convertibility, transferability, and the possibility of repudiation or expropriation.
• 11 New Mini-Cases explore many of the edgier debates rising between global business, social policy, and corporate social responsibility. Topics include Argentine debt and vulture investors, Apple's global profit positioning and tax structure, and Brexit and its potential impact on Rolls Royce.