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Chapter Outline
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Financial Management and Accounting

Chinese IPOs Abandon New York
Capital Structure of the Firm
MINI MNE
Microloans: Debt That Is Almost Always Paid in Full

Cash Flow Management
    Multilateral Netting
    Leading and Lagging
MINI MNE
An Integrated Approach to Risk

Foreign Exchange Risk Management
    Transaction Exposure
    Translation Exposure
    Economic Exposure
Swaps and Derivatives
WORLDVIEW
U.S. Law Has Unintended Consequences for Overseas Funding

    Swaps
    Hedges and Swaps as "Derivatives"
Building Your Global Résumé
Earn Your MBA with a Specialization in International Business

    Networking to Find Partners
Sales without Money
    Countertrade
    Industrial Cooperation
Taxation and Transfer Pricing
International Accounting
    Accounting and Foreign Currency
    Accounting and Culture
    Convergence of Accounting Standards
    Triple-Bottom-Line Accounting
WORLDVIEW
Sarbanes-Oxley Not a Good Export

International Finance Center
Summary
Key Words
Questions
Research Task globalEDGETM.msu.edu
MINICASE 21.1: DEALING WITH TRANSACTION RISK IN A YUAN CONTRACT







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