Selected Additional References and Cases 579
Selected Additional References and Cases
Perhaps the best way to obtain more information on multinational
financial management is to consult one of the many excellent text-
books on the subject. For example, see
Eaker, Mark R., Frank J. Fabozzi, and Dwight Grant, Inter-
national Corporate Finance(Fort Worth, TX: The Dryden
Press, 1996).
Levi, Maurice, International Finance(New York: McGraw-
Hill, 1996).
Madura, Jeff, International Financial Management(St. Paul:
West, 1995).
For some articles on multinational financial management, see
Carre, Herve, and Karen H. Johnson, “Progress Toward a
European Monetary Union,” Federal Reserve Bulletin,Oc-
tober 1991, 769–783.
Choi, Jongmoo Jay, and Anita Mehra Prasad, “Exchange
Risk Sensitivity and Its Determinants: A Firm and Indus-
try Analysis of U.S. Multinationals,” Financial Manage-
ment,Autumn 1995, 77–88.
Frankel, Jeffrey A., “The Japanese Cost of Finance,” Finan-
cial Management,Spring 1991, 95–127.
Hammer, Jerry A., “Hedging Performance and Hedging
Objectives: Tests of New Performance Measures in the
Foreign Currency Market,” Journal of Financial Research,
Winter 1990, 307–323.
Hunter, William C., and Stephen G. Timme, “A Stochastic
Dominance Approach to Evaluating Foreign Exchange
Hedging Strategies,” Financial Management, Autumn
1992, 104–112.
Kester, George W., Rosita P. Chang, and Kai-Chong Tsui,
“Corporate Financial Policy in the Pacific Basin: Hong
Kong and Singapore,” Financial Practice and Education,
Spring/Summer 1994, 117–127.
Lee, Insup, and Steve B. Wyatt, “The Effects of Interna-
tional Joint Ventures on Shareholder Wealth,” Financial
Review,November 1990.
Mahajan, Arvind, “Pricing Expropriation Risk,” Financial
Management,Winter 1990, 77–86.
Pauls, B. Dianne, “U.S. Exchange Rate Policy: Bretton
Woods to Present,” Federal Reserve Bulletin,November
1990, 891–908.
The following case from the Cases in Financial Management:
series focuses on multinational capital budgeting:
Case 18, “Alaska Oil Corporation.”