跨国公司财务管理基础

跨国公司财务管理基础 pdf epub mobi txt 电子书 下载 2026

出版者:清华大学出版社
作者:(美)夏皮罗
出品人:
页数:576
译者:
出版时间:1998-08
价格:48.00元
装帧:平装
isbn号码:9787302030485
丛书系列:
图书标签:
  • 1
  • 跨国公司
  • 财务管理
  • 国际金融
  • 公司财务
  • 财务基础
  • 外汇管理
  • 国际会计
  • 投资
  • 风险管理
  • 税务筹划
想要找书就要到 图书目录大全
立刻按 ctrl+D收藏本页
你会得到大惊喜!!

具体描述

本书从跨国公司的角度出发讨论了影响公司决策的一些基本因素,如:由于汇率变化和通货膨胀率的不同,对货币币值的影响;分割的资本市场以及政治风险等。基本上包括了公司财务的所有领域。

作者简介

目录信息

ENVIRONMENT OF INTERNATIONAL FlNANCIAL MANAGEMENT
Chapter 1 Introduction: Multinational Enterprise and Multinational
Financial Management
Chapter 2 The Determination of Exchange Rates
Chapter 3 The International Monetary System
Chapter 4 The Balance of Payments and International Economic Linkages
Chapter 5 The Foreign Exchange Market
Chapter 6 Currency Futures and Options Markets
Chapter 7 Parity Conditions in International Finance
and Currency Forecasting
FOREIGN EXCHANGE RlSK MANAGEMENT
Chapter 8 Measuring Accounting Exposure
Chapter 9 Managing Accounting Exposure
Chapter 10 Measuring and Managing Economic Exposure
MULTINATIONAL WORKING CAPITAL MANAGEMENT
Chapter 11 Financing Foreign Trade
Chapter 12 Current Asset Management and Short-Term Financing
Chapter 13 Managing the Multinational Financial System
FlNANCING FOREIGN OPERATIONS
Chapter 14 International Financing and International Financial Markets
Chapter 15 International Banking Trends and Strategies
Chapter 16 The Cost of Capital for Foreign Investments
FOREIGN INVESTMENT ANALYSIS
Chapter 17 International Portfolio Investment
Chapter 18 Corporate Strategy and Foreign Direct Investment
Chapter 19 Capital Budgeting for the Multinational Corporation
Chapter 20 The Measurement and Management of Political Risk
Preface xi
ENVIRONMENT OF INTERNATIONAL FINANCIAL MANAGEMENT
CHAPTER 1
INTRODUCTION: M ULTINATIONAL ENTERPRISE
AND MULTINATIONAL FlNANCIAL MANAGEMENT
The Rise of the Multinational Corporation
The Process of Overseas Expansion
Multinational Fmancial Management: Theory and Practice
Outline of the Book ?Questions
APPENDIX IA: THE ORIGINS AND CONSEQUENCES
OF INTERNATIONAL TRADE
APPENDIX 1 B: SlZE AND SCOPE OF M ULTINATIONAL
CORPORATIONS ABROAD
Bibliography
CHAPTER 2 THE DETERMINATION OF EXCHANGE RATES
Setting the Equilibrium Spot Exchange Rate
Fundamentals of Central Bank Intervention
Expectations and the Asset-Market Model of Exchange Rates
Summary and Condusions ?Questions ?Problems
?Bibliography
CHAPTER 3 THE INTERNATIONAL MONETARY SYSTEM 55
Alternative Exchange Rate Systems
A Brief History of the International Monetary System
The European Monetary System
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 4 THE BALANCE OF PAYMENTS AND INTERNATIONAL
ECONOMIC LlNKAGES
Balance-of-Payments Categories
The International Flow of Goods, Services, and Capital
Coping with the Current-Account Deficit
Summary and Conclusions ?Questions ?Problems
CHAPTER 5 THE FOREIGN EXCHANGE MARKET
Organization of the Foreign Exchange Market
The Spot Market
The Forward Market
Interest Rate Parity Theory
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 6 CURRENCY FUTURES AND OPTIONS MARKETS
Futures Contracts
Currency Options
Reading Currency Futures and Options Prices
Summary and Conclusions ?Questions ?Probiems
?Bibliography
CHAPTER 7 PARITY CONDITIONS IN INTERNATIONAL, FlNANCE
AND CURRENCY FORECASTING
Arbitrage and the Law of One Price
Purchasing Power Parity
The FisherEffect
The International Fisher Effect
The Relationship between the Forward Rate
and the Future Spot Rate
Currency Forecasting
Summary and Conclusions ?Questions ?Problems
?Bibliography
Part 1: Case Studies
Case 1.1: Oil Levies: The Economic Implications
Case 1.2: President Carter Lectures the Foreign Exchange Markets
PART 11 FOREIGN EXCHANGE RlSK MANAGEMENT
CHAPTER 8 MEASURING ACCOUNTING EXPOSURE
Alternative Measures of Foreign Exchange Exposure
Alternative Currency Translation Methods
Statement of Financial Accounting Standards No. 8
Statement of Financial Accounting Standards No. 52
Transaction Exposure
Accounting Practice and Economic Reality
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 9 MANAGING ACCOUNTING EXPOSURE 209
Managing Transaction Exposure
Managing Translation Exposure
Designing a Hedging Strategy
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 10 MEASURING ANO MANAGING ECONOMIC
EXPOSURE
Foreign Exch.ange Risk and Economic Exposure
The Economic Consequences of Exchange Rate Changes
Identifying Economic Exposure
Calculating Economic Exposure
An Operational Measure of Exchange Risk
Managing Operating Exposure
Summary and Conclusions ?Questions ?Problems
?Bibliography
Part 11: Case Studies
CaseII.l: Rolls-Royce Limited
Case 11.2: The Mexican Peso
Case 11.3: Link Technologies
Case 11.4: The Case of the Depreciating Indian Rupee
MULTINATIONAL WORKING CAPITAL MANAGEMENT
CHAPTER11
CHAPTER12
FlNANCING FOREIGN TRADE
Payment Terms in International Trade
Documents in International Trade
Financing Techniques in International Trade
Government Sources of Export Financing and Credit
Insurance
Countertrade
Summary and Conclusions ?Questions ?Problems
?Bibliography
CURRENT ASSET MANAGEMENT
AND SHORT-TERM FlNANCING
International Cash Management
Accounts Receivable Management
Inventory Management
Short-Term Financing
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 13
MANAGING THE MULTINATIONAL FlNANCIAL
SYSTEM
The Value of the Multinational Financial System
Intercompany Fund-Flow Mechanisms: Costs and Benefits
Designing a Global Remittance Policy
Summary and Conclusions ?Questions ?Problems
?Bibliography
FlNANCING FOREIGN OPERATIONS
CHAPTER 14 INTERNATIONAL FlNANCING AND INTERNATIONAL
FlNANCIAL MARKETS
Corporate. Sources and Uses of Funds
National Capital Markets as International Financial Centers
The Euromarkets
Interest Rate and Currency Swaps
Development Banks
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 15
INTERNATIONAL BANKING TRENDS
AND STRATEGIES
Recent Patterns of International Banking Activities
Organizational Forms and Strategies in Bank Expansion
Overseas
Value Creation in International Banking
Cpuntry Risk Analysis in International Banking
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 16 THE COST OF CAPITAL FOR FOREIGN
INVESTMENTS
The Cost of Equity Capital
The Weighted Average Cost of Capital for Foreign Projects
The All-Equity Cost of Capital for Foreign Projects
Discount Rates for Foreign Investments
Establishing a Worldwide Capital Structure
Summary and Conclusions ?Questions ?Problems
?Bibliography
Part JV: Case Studies
CaseIV.l: Plano Cruzado
FOREIGN INVESTMENT ANALYSIS
CHAPTER 17 INTERNATIONAL PORTFOLIO INVESTMENT
The Benefits of International Equity Investing
International Bond Investing
Optimal International Asset Allocation
Measuring the Total Return from Foreign Portfolio Investing
Measuring Exchange Risk on Foreign Securities
Summary and Conclusions ?Questions ?Problems
?Bibliogravhy
CHAPTER 18 CORPORATE STRATEGY AND FOREIGN
DlRECT INVESTMENT
Theory of the Multinational Corporation
The Strategy of Multinational Enterprise
Designing a Global Expansion Strategy
Summary and Conclusions
?Bibliography
Questions
?Problems
CHAPTER 19 CAPITAL BUDGETING FOR THE M U LTINATIONAL
CORPORATION
Basics of Capital Budgeting
Issues in Foreign Investment Analysis
Foreign Project Appraisal: The Case of International Diesel
Corporation
Political Risk Analysis
Growth Options and Project Evaluation
Summary and Conclusions ?Questions ?Problems
?Bibliography
CHAPTER 20 THE MEASUREWENT AND MANAGEMENT
OF POLITICAL RlSK
Measuring Political Risk
Country Risk Analysis
Managing Political Risk
Summary and Conclusions ?Questions ?Problems
?Bibliography
Part V: Case Studies
CaseV.l: Euro Disneyland
GLOSSARY
INDEX
· · · · · · (收起)

读后感

评分

评分

评分

评分

评分

用户评价

评分

这本书给我带来的最大冲击是其对“风险文化”的强调。在传统的财务管理书籍中,风险通常被简化为量化指标和风险规避技术,但这本书则将其提升到了企业战略和组织文化的高度。作者用多个失败案例来论证,如果一个跨国公司的分支机构在面对汇率波动或政治不稳定时,其内部的报告机制和问责制度存在缺陷,那么再完美的金融工具也无济于事。书中探讨了如何建立一个跨文化、跨时区的风险预警系统,这部分内容极具前瞻性。例如,如何利用人工智能辅助分析地缘政治报告,并将其转化为财务部门可执行的预警信号。这种将高阶战略管理融入基础财务框架的做法,使得这本书的价值远远超越了一本教科书的范畴。它更像是一份为下一代全球化企业领导者准备的行动指南,指导我们如何构建一个既能高效盈利,又能抵御黑天鹅事件的财务“免疫系统”。

评分

阅读这本书的过程,体验就像是跟随一位精通国际贸易和法律的专家进行了一次环球“财务审计之旅”。它的结构设计非常精妙,逻辑链条清晰得令人称赞。从集团层面的资本结构优化,到子公司层面的营运资金管理,再到最末端的税务规划,每一步都紧密衔接,毫不拖沓。我尤其欣赏作者对“转移定价”复杂性的把握。他没有将转移定价仅仅视为税务筹划的工具,而是将其置于全球价值链重构的大背景下进行审视。书中引入的案例分析,比如某跨国高科技公司如何应对不同司法管辖区的利润归属挑战,极具启发性。更重要的是,作者对不同会计准则(IFRS与US GAAP)在处理复杂跨境交易时的差异进行了细致的对比,这种细致入微的比较工作,对于处理多区域业务的财务人员来说,是极其宝贵的参考资料。这本书的厚度虽然不薄,但阅读起来却丝毫没有感到吃力,反而有种酣畅淋漓的求知快感。

评分

我对这本书的评价是:结构严谨,但视角跳脱。它没有被既有的学科壁垒所束缚。最让我感到惊喜的是它对新兴技术如区块链在跨境支付和供应链金融中的应用所做的展望。在大多数同类书籍还在讨论SWIFT系统的局限性时,这本书已经开始严肃探讨分布式账本技术如何重塑国际结算的信任机制和时效性。作者的论述非常审慎,既看到了技术的潜力,也客观分析了监管滞后和互操作性带来的挑战,这种平衡的视角非常难得。此外,书中关于“全球税务合规”的论述,紧密结合了数字化转型的背景,探讨了大数据分析如何帮助企业在海量交易中自动识别潜在的税务风险点,而不是仅仅依赖事后的补救措施。这本书不仅适合财务部门,对于战略规划和信息技术部门的管理者来说,也具有极高的参考价值,它描绘了一幅未来跨国企业财务运作的蓝图。

评分

这本书的切入点实在太新颖了!我本来以为这又是一本老生常谈的宏观经济学教材,翻开第一页才发现,作者完全是以一个“实战派”的视角来构建整个知识体系的。它没有过多纠缠于晦涩的理论推导,而是直接将读者置于一个跨国企业CFO的决策桌前。比如,在处理外汇风险敞口那一章,作者没有用复杂的数学模型轰炸你,而是通过一个详细的案例分析,展示了如何利用衍生品工具进行精准对冲,并且清晰地指出了不同对冲策略在不同监管环境下的适用性差异。最让我印象深刻的是对“巴塞尔协议III”在发展中国家子公司实施影响的分析,这部分内容在其他教材里常常是一笔带过,但这本书却深入剖析了资本充足率要求如何影响集团内部资金调拨的优先级和成本结构。整本书的语言风格像是一位经验丰富的导师在和你一对一交流,充满了洞察力和实操智慧,读完后感觉自己不仅学到了知识,更重要的是培养了一种全球化视野下的财务决策直觉。对于那些渴望从理论走向实践的财务专业人士来说,这本书简直是必备的“兵书”。

评分

老实说,我对这类书籍的期望值通常不高,总觉得它们要么过于理论化,要么就是流于表面化的案例堆砌。然而,这部作品却成功地在两者之间找到了一个近乎完美的平衡点。我特别欣赏它对“企业社会责任(CSR)融资”这一块的深入探讨。在目前的商业环境下,ESG指标已经成为影响跨国公司融资成本的关键因素。这本书不仅提到了绿色债券和可持续发展挂钩贷款的机制,更重要的是,它详细解析了如何量化非财务指标(如碳排放强度、员工多元化程度)对信用评级和债务契约约束的影响。作者引用的数据来源非常扎实,很多都是一手调研资料,这让论证的说服力大大增强。唯一美中不足的地方,或许是关于新兴市场税收协定更新的章节略显保守,没有过多涉及最新的BEPS 2.0框架下对数字经济的应对策略,但瑕不掩瑜,总体而言,这本书的深度和广度都远超我的预期,尤其适合正在准备国际财务认证考试的读者。

评分

评分

评分

评分

评分

本站所有内容均为互联网搜索引擎提供的公开搜索信息,本站不存储任何数据与内容,任何内容与数据均与本站无关,如有需要请联系相关搜索引擎包括但不限于百度google,bing,sogou

© 2026 book.wenda123.org All Rights Reserved. 图书目录大全 版权所有