PRINCIPLES OF INTERNATIONAL FINANCE

Today’s economic environment has reached interconnectedness levels never imagined before. People are living in a highly globalized world, where consumption, the production of goods, and the provision of services have become highly integrated. A similar trend can be found in financial markets too, where portfolios are internationally diversified and financial securities are now more cross-listed than ever on foreign exchanges. Understanding how to move and act effectively in such a complex environment is an urgent need for today’s managers, given the vibrant, global and fast-changing context they are experiencing. From here, the inspiration for a book exploring the complexities of multinational financial management, ranging from dealing with foreign currency exposures to determine a subsidiary’s capital structure or to value an investment in a risky country, to the managerial and environmental considerations that make multinational financial decision-making so challenging.