Type of Credit: Required
Credit(s)
Number of Students
This course will explore the theories and practices of international financial management, emphasizing exchange rate parity conditions, determinants of corporate hedging, cross-listing decisions, and topics related to international financing decisions.
能力項目說明
By applying the financial concepts learned in this course, students will gain insight into the decision-making processes of financial managers in multinational firms. Course materials include mini-cases at the end of each chapter and cases/papers on related topics.
| 教學週次Course Week | 彈性補充教學週次Flexible Supplemental Instruction Week | 彈性補充教學類別Flexible Supplemental Instruction Type |
|---|---|---|
預計上課時程及內容:
討論論文: To Float or to Fix
外匯市場的術語、慣例及損益計算方法(模擬外匯交易)
外匯市場的報價方式及升貶值幅度的計算方法
5. 3/20 外匯平價理論，Eiteman et al. Chapter 6
外匯市場的外匯平價理論
介紹Carry trade and Forward Exchange Bias等議題
參考資料: The Deutsche Bank Guide of FX Determinations
6. 3/27 外匯衍生性商品，Eiteman et al. Chapter 7
討論論文：Exotic Derivatives Losses in Emerging markets
討論個案：中華電信匯率衍生性商品交易解析和TRF Lessons
參考資料: FX Option Hedging Strategies from ING Bank
7. 4/03 清明節放假
8. 4/10 利率風險和交換合約，Eiteman et al. Chapter 7
9. 4/17 期中報告
10. 4/24 影響匯率變動的因素，Eiteman et al. Chapters 9
11. 5/01 匯率的交易和換算風險，Eiteman et al. Chapters 10 and 11
12. 5/08 匯率的營運風險，Eiteman et al. Chapter 12
13. 5/15 多國籍企業融資成本，Eiteman et al. Chapters 13.
14. 5/22 多國籍企業全球融資管道，Eiteman et al. Chapter 14.
15. 5/29 國際直接投資與政治風險評估，Eiteman et al. Chapters 15 and 16
16. 6/05 期末考試
17. 6/12 彈性補充教學(請閱讀Global Derivative Debacles: From Theory to
Malpractice書本中的案例)
18. 6/19 彈性補充教學(請閱讀AFA/WFA/EFA/CICF年會中有關多國籍企業財務
決策相關論文)
The percentage for each assignment and exam is given as follows: Homework 20%, Midterm report 40%, and Final exam 40%. Reports and assignments can be assisted using generative AI tools, but computers are not allowed during final exams.
Eiteman D. K., Stonehill A. I. and Moffett M. H., 2021, Multinational Business Finance, 15th Edition, Pearson (雙葉書局) or
Eiteman D. K., Stonehill A. I. and Moffett M. H., 2016, Multinational Business Finance, 14th Edition, Pearson (雙葉書局)