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Fundamentals of Multinational Finance (4th Edition), by Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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A focused, streamlined approach to implementing an effective global financial management strategy.
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Tomorrow’s business leaders will be expected to comprehend global markets and lead their organizations through a constantly changing global environment. By grounding concepts in the context of illuminating case studies and real-world examples, Fundamentals of Multinational Finance familiarizes readers with the fundamental concepts and tools necessary to implement an effective global financial management strategy.
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This edition includes the many new financial management challenges faced by today’s business leaders–while still providing readers with a streamlined text that gets straight to the important concepts.
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- Sales Rank: #194808 in Books
- Brand: Prentice Hall
- Published on: 2011-07-25
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 10.40" h x 1.00" w x 7.90" l, 2.34 pounds
- Binding: Hardcover
- 544 pages
Features
- Used Book in Good Condition
About the Author
Michael H. Moffett is an associate professor of finance at Thunderbird, the Garvin Graduate School of International Management. He received a BA in economics from the University of Texas at Austin, an MS in resource economics from Colorado State University, and an MA and a PhD in economics from the University of Colorado, Boulder. In addition to teaching, Moffett has authored, coauthored, or contributed to six books and fifteen other publications. Some of the publications his articles have appeared in include the Journal of Financial and Quantitative Analysis, the Journal of Applied Corporate Finance, and the Journal of International Money and Finance. Arthur I. Stonehill is an emeritus professor of finance and international business at Oregon State University, where he taught for twenty-four years. After receiving his PhD in business administration from the University of California, Berkeley, he was awarded honorary doctorates from the Aarhus School of Business and the Copenhagen Business School in Denmark, and from Lund University in Sweden. Stonehill has also authored or coauthored nine books and twenty-five other publications. His articles have appeared in numerous publications including Financial Management, the Journal of International Business Studies, and California Management Review. David K. Eiteman is an emeritus professor of finance at the John E. Anderson Graduate School of Management at UCLA. He received his PhD in finance from Northwestern University and is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and the Western Finance Association. Besides teaching, Eiteman has also authored or coauthored four books and twenty-nine other publications. His articles have appeared in various publications such as the Journal of Finance, the International Trade Journal, and the Financial Analysts Journal.
Most helpful customer reviews
7 of 7 people found the following review helpful.
The second edition needs some work.
By Lawrence Slobodzian
I have had other texts that did a great job at highlighting the key concepts, perhaps creating a sidebar to point out definitions and concepts as they occur in the text. This book assumes that your highlighter will find these nuggets by itself. Also, the chapter summaries were pretty skimpy, and I did not find them to be a valuable study resource.
However, the end-of-chapter questions and problems were fantastic resources to expand my learning and discover weaknesses. I was also impressed by the choice of case studies. These real-world examples contributed to a deeper understanding, and provided a starting point for research.
The range of topics included:
-The International Monetary System.
-Balance of Payments.
-Foreign exchange markets and rates.
-Management of risk due to foreign exchange exposure.
-Sources of global equity and debt.
-International Portfolio Diversification Theory.
-International Tax Management Strategies.
I did learn alot about Multinational Finance from this book, but I think my learning would have been enhanced if the book were developed further.
5 of 5 people found the following review helpful.
Terrible Examples
By Ken
This text book is practically useless for a teaching device. It does not explain concepts thoroughly and give examples without concepts. For example, the in-the-money, out-of-the-money explanations never explain the formula for deriving the value. It only gives an example and a story, and one has to read through the story a few times to understand what is happening. Not very convenient as a reference.
I do not recommend this book.
0 of 0 people found the following review helpful.
Unrelated chapter problems
By D. T. "Dani"
The text is difficult to read with too much information that strays away from the core material within chapter. Chapter problems did not relate well to the chapters, but relate more to prior international business knowledge (not appropriate for general BA degree). Many text and calculation errors that made "trusting" text information difficult. I would not recommend for Professors to choose this text for undergraduate level course.
See all 28 customer reviews...
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