O'Reilly logo

International Business, 8th Edition by Michael H. Moffett, Iikka A. Ronkainen, Michael Czinkota

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 17

Financial Management

CHAPTER CONTENTS & LEARNING OBJECTIVES

WHAT IS THE GOAL OF MANAGEMENT?

1. To understand how value is measured and managed across the multiple units of the multinational firm

IMPORT–EXPORT TRADE FINANCING

2. To examine how international business and investment activity alters and adds to the traditional financial management activities of the firm

MULTINATIONAL INVESTING

3. To understand the primary decision methods used to evaluate the potential risks and returns of a proposed investment in a foreign country

INTERNATIONAL CASH FLOW MANAGEMENT

4. To explore how both operating and financing cash flows are managed within the multinational firm

FOREIGN EXCHANGE EXPOSURE

5. To understand the three primary currency exposures that confront the multinational firm

COUNTERTRADE

6. To analyze the process of using goods and services as a medium of exchange in addition to money in international business

INTERNATIONAL TAXATION

7. To examine the primary differences in the taxation of business internationally, and how governments tax firms operating in their markets

When International Financial Management Dictates Strategy

G.M. has become the second-largest automaker in China mainly through a 50-50 venture with S.A.I.C. that makes a wide range of G.M.-designed cars. Under the deal being completed, G.M. would sell a 1 percent stake in the venture to S.A.I.C., raising the Chinese automaker's share to 51 percent, although G.M. would retain equal voting rights in company ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required