New developments in international finance / edited by Joel M. Stern and Donald H. Chew, Jr.

Format:

Book

Contributor:

Stern, Joel M.

Chew, Donald H.

Language:

English

Subjects (All):

International finance.

Physical Description:

ix, 230 pages : illustrations ; 26 cm

Place of Publication:

Oxford, OX, UK ; New York, NY, USA : Basil Blackwell, 1988.

Summary:

The Revolution in Corporate Finance is a collection of 45 articles which were previously published in the Chase Financial Quarterly (by the Chase Financial Policy Division of the Chase Manhattan Bank) and the Midland Corporate Finance Journal (by Stern Stewart & Co.), two publications dedicated to bringing to the attention of senior corporate management the practical import of recent theoretical developments in finance. This book thus offers in a single volume much of the latest academic thinking, written by distinguished financial economists in language accessible to the non-specialist, on a variety of current issues of financial management: capital budgeting, capital structure and long-range financial planning, dividend policy, the profitability and pricing of acquisitions, corporate restructuring, and risk management.

Contents:

1 "Finance and Global Competition: Exploiting Financial Scope and Coping with Volatile Exchange Rates" / Donald R. Lessard (Massachusetts Institute of Technology)

Part II Exchange Risk Management

2 "The Nature and Management of Foreign Exchange Risk" / Niso Abuaf (Chase Manhattan Bank)

3 "Managing Foreign Exchange Risks" / Bradford Cornell (University of California), Los Angeles, Alan C. Shapiro (University of Southern California)

4 "Don't Blame Currency Values for Strategic Errors" / Christine R. Hekman (The Claremont Graduate School)

5 "A Practical Method of Assessing Foreign Exchange Risk" / C. Kent Garner (Vulcan Materials Company)

6 "The Foreign Exchange Option as a Hedging Tool" / Ian H. Giddy (Columbia University and Claremont Economics Institute)

Part III International Performance Measurement

7 "FAS #52

Measuring the Performance of Foreign Operations" / Bryan Carsberg (The London School of Economics)

8 "A Proposal for Measuring International Performance" / Bennett Stewart (Stern Stewart Putnam & Macklis, Ltd)

9 "Measuring the Performance of Operations Subject to Fluctuating Exchange Rates" / Donald R. Lessard, David Sharp (Massachusetts Institute of Technology)

10 "The Evaluation and Control of Foreign Affiliates" / Alan C. Shapiro (University of Southern California)

11 "Treasury Performance Measurement" / Ian Cooper, Julian Franks (The London Business School)

Part IV The International Investment and Financing Decisions

12 "International Capital Budgeting" / Alan C. Shapiro (University of Southern California)

13 "Guidelines for Global Financing Choices" / Donald R. Lessard (Massachusetts Institute of Technology), Alan Shapiro (University of Southern California)

14 "An International Perspective on the Capital Structure Puzzle" / Janette Rutterford (The London School of Economics)

Part V International Banking

15 "International Banking and Country Risk Analysis" / Alan C. Shapiro (University of Southern California)

16 "Perspectives on Country Risk" / Bluford H. Putnam (Stern Stewart & Company)

17 "The International Banking Crisis: Measuring the Risks" / Bluford H. Putnam (Stern Stewart Putnam & Macklis, Ltd).

Notes:

Includes bibliographies and index.

ISBN:

063115115X :

0631152040

OCLC:

13268921