--%>

International financial management

Explain the importance in studying the international financial management?

E

Expert

Verified

We are living in the world where all the important economic functions, i.e., production, consumption, and investment, are extremely globalized. Therefore, it is necessary for the financial managers to completely understand the essential international proportions of the financial management. This wide shift is in contrast to the condition which existed when authors of this book were studying the finance around twenty years ago.  During that time, professors had usually ignored the international aspects of the finance.  This operation mode has become untenable since then.

   Related Questions in Financial Accounting

  • Q : APV capital budgeting framework How APV

    How APV capital budgeting framework is useful for analyzing the foreign capital expenditures?

  • Q : Transaction and Economic exposure

    Define transaction exposure and explain how it is different from the economic exposure?

  • Q : Non-tradable asset Assume there is

    Assume there is non-tradable asset along with the perfect positive correlation with a portfolio T of the tradable assets.  How will non-tradable asset be priced?

  • Q : Merits of standard costing Write down

    Write down the merits of standard costing?

  • Q : Flexible and fixed budgets Give a brief

    Give a brief contrast between flexible and fixed budgets?

  • Q : Avoidable Interest The book says

    The book says "avoidable interest is the amount of interest cost during the period that a company could theoretically avoid if it had not made expenditures for the asset." This makes it sound like avoidable interest is the total amount of interest paid for an asset. I know it's not but I was wonder

  • Q : Personal identities-Organization health

    Personal identities: Generally employees like to work as they interact with animals and success motivates them, they learn new things in their routine job and they are a member to team.  But some job requirements like conducting euthanasia impact

  • Q : Explain Return on Assets or ROA Return

    Return on Assets (ROA): It is an indicator of how gainful a company is associative to its net assets. ROA provides an idea as to how proficient management is at employing its assets to produce earnings. Computed by dividing a company's annual earnings

  • Q : Explain Agricultural business Explain

    Explain the term Agricultural business in term of Accounting?

  • Q : Essay topics related to Religion I have

    I have some problem related to Essay topics which are related to Religion which are illustrated below: Topic A:What are the qualities of the ‘perfect&rsq