Multinational Business Finance, 10th Edition [Hardcover]

David K. Eiteman (Author), Arthur I. Stonehill (Author), Michael H. Moffett (Author)

Book Description

ISBN-10: 0201785676 | ISBN-13: 978-0201785678 | Publication Date: July 21, 2003 | Edition: 10

The market-leading textbook in international finance, Multinational Business Finance is renowned for its authoritative coverage and clear explanations of contemporary international Finance. The thoroughly revised 10th edition features a new chapter on Political Risk, increased coverage of emerging markets, and an integrated focus on corporate governance issues. - In line with an ever-changing global environment, a new chapter on political risk that focuses on risk in three dimensions: firm-specific risk, country-specific risk, and global-specific risk. - Increased coverage of financial management issues in emerging markets throughout the text. - About twenty Mini-Cases, many of them new, focusing on such companies and organizations as Toyota Europe, Bang & Olufsen, Benecol, and Romanian Telecom. - Market-leading, lucid, accessible presentation of the complexities of international finance. Benefit: Professors view authors as authoritative sources in the field; students tend to keep the book as a reference tool. - Managerial emphasis in an international context. Benefit: Helps train tomorrow's business leaders, who will operate in an increasingly global financial environment. - Currency of coverage. Benefit: Keeps students abreast of contemporary issues and events - imperative for business and financial literacy.

Editorial Reviews

From the Back Cover

The Ninth Edition of this market leader communicates the complexities of international finance clearly and authoritatively. The book features a streamlined presentation, expanded attention to emerging markets, several new chapters, and four new decision cases with an emerging-markets focus. An accompanying new Casebook by Michael Moffett includes in-depth decision cases keyed to the coverage in the Eiteman text. The authors have a knack for communicating the complexities of international finance to today's students in a manner that is clear and understandable. For anyone interested in business. --This text refers to an alternate Hardcover edition.

About the Author

David Eiteman received his business and economics degrees from the University of Michigan, Ann Arbor, and the University of California, Berkeley, before graduating from Northwestern with a Ph.D. in finance. He then started teaching and researching at prestigious schools across America, Asia, and Europe.

In his other affiliations, Eiteman was previously president of the International Trade and Finance Association, the Society for Economics and Management in China, and the Western Finance Association.

He has authored and co-authored four books and a significant number of articles, which have appeared in 29 publications, including International Trade Journal, Journal of World Business, Business Horizons, Management International, and others.

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Arthur Stonehill is professor of finance and international business Emeritus at Oregon State University, where he taught for 24 years. Previously, he held appointments at leading universities in America and Europe. He also served as president of the Academy of International Business, as well as director of the Financial Management Association.

Stonehill has authored or co-authored nine books and numerous articles, which have appeared in Financial Management, Journal of International Business Studies, International Business Review, and other influential publications.

He is an alumnus of the University of California, Berkeley, where he graduated with a Ph.D. in business administration. In recognition of his immense contributions to the fiscal world, Stonehill was awarded honorary doctorates from the Aarhus School of Business - Denmark, the Copenhagen Business School - Denmark, and Lund University - Sweden.

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Michael Moffett graduated with a Ph.D. in economics from the University of Colorado - Boulder, and went on to a number of teaching or research appointments in several renowned institutions in America and Europe.

Moffett's research work has been featured in 15 prominent publications, and he has also authored or co-authored eight books. Together with Arthur Stonehill and David Eiteman, he has written one of today's most widely used textbooks in finance— Multinational Business Finance, Ninth Edition.

Moffett is currently professor of finance at Thunderbird, the American Graduate School of International Management.

Product Details

• Hardcover: 864 pages
• Publisher: Addison Wesley; 10 edition (July 21, 2003)
• Language: English
• ISBN-10: 0201785676
• ISBN-13: 978-0201785678
• Product Dimensions: 9.2 x 7.2 x 1.5 inches
• Shipping Weight: 3.2 pounds
• Average Customer Review: 3.9 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #134,815 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

15 of 16 people found the following review helpful:

2.0 out of 5 stars Good, yet not good enough., July 21, 2002

By A Customer

Amazon Verified Purchase

This review is from: Multinational Business Finance (9th Edition) (Hardcover)

This book gives plenty of background into international finance. Unfortunately, it has some big flaws, in my opinion. First, there are not enough calculation examples. Second, there are too few questions at the end of each chapter. In addition, you must go to the author's website for the solution. Once you get there, you will be surprised to find out that the author has only solved maybe two out of eight problems. That's annoying. I do not recommend this book. Take a class from another professor who uses a different text book.

5 of 6 people found the following review helpful:

3.0 out of 5 stars Lacks cohesion, December 15, 2005

By 

V. Srinivasan "vpgm" (Cincinnati, OH United States) - See all my reviews
(REAL NAME)   

This review is from: Multinational Business Finance, 10th Edition (Hardcover)

This book has cursory overview of everthing and lacks detail. Also, each chapter starts well to get you excited on what you are going to learn and at the end of each chapter, you can't really tell whether it addressed the topics in enough details to give you the necessary understanding.

4 of 5 people found the following review helpful:

2.0 out of 5 stars Book Not worth the Money Paid, July 30, 2007

By 

Leung Chan (San Francisco, CA - USA) - See all my reviews
(REAL NAME)   

This review is from: Multinational Business Finance (11th Edition) (Hardcover)

Too much money for a useless book!!!!

I strongly agree with the two reviews previous to mine. The book gets you interested at the begining, but let you down afterwards. It has little depth in the topics and many flaws when comes to explaining things. In exemple, the "Fisher Effect" was never explained, but all the book gives you is the formula. There is little explanation about the components and variables in the formulas. So, you have to rely heavily on your instructor.

There are almost no calculation examples and use of formulas. The teory in the book is not well explained either. So, you get more confused. That in my opinion is because the authors did not spend enough time to present the material clearly and the editors did not review and edit the book to increase the readability and comprehension. To illustrate what I am talking about, there is a lot of white space in the book (implies it lacks substance) and the text refers to graphs or charts shown in one/two pages before or after. Compared to other finance books I had in the past, this whole book looks like a compilation of bad summary sections.

In conclusion, it was not worth the money. It got me confused and wasted my time. In case you have to use it because it is mandatory, rely on your notes and instrutor's lectures.