This volume is the second of a three-volume set designed for use in a course in applied international corporate finance for managers and executives. This volume’s issue is how uncertain foreign exchange (FX) rate changes affect a firm’s ongoing cash flows and equity value, and what can be done in terms of hedging this risk using financial instruments. The accounting implications are also considered. Numerous examples of real-world companies are used. The volume contains a hypothetical case that ties the material together. The first volume reviews some basics of FX rates: Introduction to Foreign Exchange Rates, 2nd edition, Business Expert Press, 2016. The third volume deals with the estimation of the cost of capital for international operations and the evaluation of overseas investment proposals: Applied International Finance II: International Cost of Capital and Capital Budgeting, 2nd edition, Business Expert Press, 2017.

This volume is part of a three-volume set designed for use in a course in applied international corporate finance for managers and executives. Instead of the “encyclopedic” approach, the volumes focus on main issues of interest to managers who deal with overseas operations. This volume’s issue is how uncertain foreign exchange (FX) rate changes affect a firm’s ongoing cash flows and equity value, and what can be done about this risk. Numerous examples of real-world companies are used. The volume contains a hypothetical case that aims to tie the material together. The case company has overseas operations and is faced with ongoing FX exposure in corporate revenues. The decision maker estimates the FX exposure and considers financial hedging using foreign currency debt and currency swaps. The accounting implications are also considered. The volume reviews some basics of FX rates; for more information, see the first volume: Introduction to Foreign Exchange Rates, 2nd edition, Business Expert Press, 2016. The third volume deals with the estimation of the cost of capital for international operations and the evaluation of overseas investment proposals: Applied International Finance: International Capital Budgeting, 2nd edition, Business Expert Press, 2017.

This book primarily deals with corporate restructuring through mergers and acquisitions (M&As). It critically examines all functions that must be performed in completing an M&A transaction. Domestic and cross-border M&A’s are very similar in many respects even though differences between them also exist. The book includes discussions of international finance and multinational financial management, the topics that arise in cross-border M&A transactions. Given the increasing importance of China as the second largest economy in the world and Chinese companies’ growing merger and acquisition (M&A) activities globally, we devote the last two chapters of the book to China’s outward foreign direct investment and cross-border M&A activities. Moreover, the second volume includes the case studies regarding Chinese foreign direct investment both in Greenfield and acquisition forms give additional insights into challenging tasks of due diligence and post-merger cultural integration that foreign investors face. The M&A literature is a fragmented field of inquiry. The book brings together important, practical insights from this vast literature in a short, but cohesive form that has high managerial relevance.

This book primarily deals with corporate restructuring through mergers and acquisitions (M&As). It critically examines all functions that must be performed in completing an M&A transaction. Domestic and crossborder M&A’s are very similar in many respects even though differences between them also exist. The book includes discussions of international finance and multinational financial management–the topics that arise in cross-border M&A transactions. Given the increasing importance of China as the second largest economy in the world and Chinese companies’ growing merger and acquisition (M&A) activities globally, we devote the last two chapters of the book to China’s outward foreign direct investment and cross-border M&A activities. Moreover, the second volume includes the case studies regarding Chinese foreign direct investment both in Greenfield and acquisition forms give additional insights into challenging tasks of due diligence and post-merger cultural integration that foreign investors face. The M&A literature is a fragmented field of inquiry. This book brings together important, practical insights from this vast literature in a short, but cohesive form that has high managerial relevance.

Volume two of Welcome to my Trading Room is a practical set of guidelines to trading; starting with how stockbroking will change over the next decade, followed by an overview of why securities fluctuation. This more analytical section includes an explanation of equites, cash and bond cycles and how these influence shares price movements-which is expanded into how indices work and why they are important for traders to understand. The reader is introduced to traditional valuation techniques. This volume also details factors to help traders to establish their own brokerage firm and how to mentally prepare for a career as a trader. It is also the critical start of establishing principles and rules to trade effectively, with discipline, and knowledge. The text ends with trading insights to give novice traders an advantage in their new careers.

Competing in the financial markets will give both the novice and inter­mediate traders alike a comprehensive understanding of how to trade in the financial markets without losing their shirts. This book is primarily aimed at the undergraduate whose ambition is to either become a trader in a financial organization or trade online through a financial brokers trading platform. It provides seasoned online traders with new insights into financial assets other than currencies. In simple-to-understand, con­cise language, enhanced by relevant graphics, all the key trading tools available for traders are explained in enough detail that novice traders should be able to understand and learn how to trade effectively in the financial markets. Chapter by chapter, this book builds a comprehensive understanding of the basic building blocks of trading assets, covering key charting and technical tools including fundamental analysis and the key economic events. The author exposes the myth that trading is an unfath­omable mystery.

Risk management is an often-used phrase that is rarely fully embedded within the business process and procedures of firms. This book looks at the challenges faced in implementing a risk management framework as well as the key elements of such a framework. It is designed for the business professional that is not an expert in risk management and addresses all of the major risks that are likely to be faced in practice, considering the risk mitigation and measurement techniques that are most likely to be relevant. This is an intermediate book and accordingly does not focus on the mathematical elements but rather provides a readable entry text for anyone seeking information on this important subject.

In the venture capital (VC) industry, firms often co-invest with other peers in syndicated deals. The process of syndication is a form of investment alliance that generates networks of VC firms and start-up companies. Despite the prominent role played by syndicates, extant entrepreneurship literature found contradicting evidence on the relationship between the practice of syndication and the performance of both the start-up and the investors. In fact, our understanding of the circumstances under which syndicates have the potential to boost performance, rather than hamper them, is still limited. This book intends to fill this gap and explore the performance dynamics surrounding networks in the venture capital industry. The text also provides introductory knowledge to those interested in network studies and methods.

This first volume builds a foundation of knowledge in a comprehensive body of literature on trading-to prepare novices to become professional traders. This book starts with the absolute basics of stock markets as a precursor to more advanced global trading methods in the next two volumes. The aim is to set out to demystify the myths about stock markets, and ultimately remove the enigma that has been bestowed on the industry. The author includes an overview of how stockbroking works, establishing the link between the various departments and how these interact. Novice traders will find sections on Wall Street rules, age-old axioms and how to avoid common pitfalls and mistakes interesting and also a warning that trading is not a game. The latter section includes an outline of portfolio management theory and practice.

Financial risk management is a growing field of specialization in business. With the increased level of regulation and emphasis on financial reporting, the role of the financial risk manager has never been more prominent. This book covers the concepts, tools, and techniques of financial risk management in a comprehensive, yet easy-to-understand manner. Avoiding academic jargon wherever possible, the book has as its objective to be a rigorous, yet practical guide to financial risk management. This book is intended for senior managers, directors, risk managers, students of risk management, and all others who need to be concerned about financial risk management or who are interested in learning more about this growing career path.