A Companion to International Finance
Edited by:
Professor Raj Aggarwal
Firestone Chair in Finance
Kent State University
This edited collection is intended as the first volume in the Blackwell finance reference series of "Companions." Blackwell's Companions to Contemporary Finance will be reference volumes accessible to serious students, yet contain up to date material from recognized experts in their particular fields. These volumes focus on basic bread and butter issues in finance as well as popular contemporary topics often not covered in textbooks. Coverage avoids the overly technical, is concise, clear, comprehensive, and up to date. Each Companion will feature an introductory essay by the editor, and will have extensive bibliography and index.
The Companion to International Finance should appeal as a reference to serious undergraduate students, graduate students, and academics in the field of finance. It should also have appeal to the enlightened layman as the work of reference in international finance that would be turned to first. For this reason it will contain the most up-to-date data available in summary form; and provide a guide to the sources for the fullest and best data. Each chapter will review research on the topics chosen and assimilate diverse findings into a coherent whole offering a comprehensive, state-of-the-art guide to the field of International Finance. At present, the interested reader has little option but to seek out journal articles and books which often extol the virtues of one approach among many, or explain a single facet of the problem. Each contribution would provide a balanced account of the state of knowledge. An extensive editorial overview will introduce the contributions, and place them into context.
OUTLINE/TOPICS
I. International Financial Environment
1. Drivers of Globalization - Trade, Risk Diversification, and Technology
2. Global and International Monetary and Fiscal Policies
3. Parity Conditions - Interest Rates, Inflation, and Exchange Rates
4. Privatization and Development of Financial Markets
II. Structure, Governance, and Regional Characteristics of Financial Markets
5. North American and Anglo Financial Markets
6. West European Financial Systems
7. Japanese Financial Markets
8. Emerging Asian and Latin American Markets
9. Islamic Finance and Markets in the Middle East
III. International Markets and Institutions
10. Global and International Equity Markets (and Business Groups)
11. Global and International Money and Fixed Income Markets
12. Global and International Financial Institutions and Regulation
13. Global and International Derivatives and Risk Management
III. Global Portfolio Management
14. Home Bias and Advantages of Cross-Border Investments
15. International Diversification of Equity Portfolios
16. International Diversification of Fixed Income Portfolios
17. Hedging Foreign Currency Risk in International Portfolios
IV. International Financial Management
18. Global and International Capital Structure and Cost of Capital
19. Foreign Direct Investment and Corporate Strategy
20. Global and International Capital Budgeting
21. Global and International Working Capital Management
IV. International Financial Strategy
22. Strategic Management of Currency and Macroeconomic Risks
23. Global and International Mergers and Acquisitions
24. Global and International Portfolio Diversification