Commerce, Management and Economics - Accounting and Finance
The management of finance in an international business atmosphere is known as international financial management. It refers to the exchange of foreign currency for trade and make money. It helps organizations to contact overseas business partners like suppliers, lenders and customers for international deals. The goal of this area of study is the maximization of stakeholders and shareholders. Enhanced opportunity sets, foreign currency, political risks and market imperfections are the four primary areas of this discipline. Foreign investment, earning higher returns, gaining essential raw materials for production, wider and larger markets and efficient production are some of the advantages associated with it. This book is a valuable compilation of topics, ranging from the basic to the most complex theories and principles related to international financial management. While understanding the long-term perspectives of the topics, the book makes an effort in highlighting their impact as a modern tool for the growth of the discipline. This book, with its detailed analyzes and data, will prove immensely beneficial to professionals and students involved in this area at various levels.