Provides a framework for understanding different types of international tax regimes. Examines how alternative tax regimes tax the foreign income of their citizens (including corporate citizens); how tax regimes define foreign and domestic income; and how foreign tax credits and deductions are...

This note explores the concept of Economic Value Added (EVA) and its practical applications as a management control system for performance measurement and incentive compensation. The note explains how EVA is measured and explores some of the adjustments to financial statements that are required...

Provides information on the foreign exchange market and exchange rate movements. Describes the different types of foreign exchange transactions, including spot transactions, forwards, swaps, futures, and options. Includes worked examples to help students understand the different instruments and...

How can a multinational firm analyze and manage currency risks that arise from competitive exposures? General Motors has a substantial competitive exposure to the Japanese yen. Although the risks GM faces from the depreciating yen are widely acknowledged, the company's corporate hedging policy...

How should a multinational firm manage foreign exchange exposures? The case examines transactional and translational exposures and alternative responses to these exposures by analyzing two specific hedging decisions by General Motors. Describes General Motors' corporate hedging policies, its...

SUBJECT AREAS: Currency, Foreign exchange rates, Inflation, Macroeconomics, Monetary policy, Regulatory agenciesCASE SETTINGS: Singapore; Government amp; regulatory; 10,000 employees; 2002The Monetary Authority of Singapore (MAS) is responsible for the country's monetary policy, and its decisions...

SUBJECT AREAS: International finance, Joint Ventures, Negotiations, Political risk, Shareholders relationsCASE SETTINGS: Czech Republic; Broadcasting industry; $170 million revenues; 1997This case examines how insiders can expropriate value from shareholders in emerging markets when property...

SUBJECT AREAS: Financial management, Financial strategy, Financing, International finance, Negotiations, Taxation, ValuationCASE SETTINGS: United States; Entertainment industry; $400 million revenues, 100 employees; 2002The head of production for Rexford Studios must analyze the terms and value...

SUBJECT AREAS: Accounting, Corporate control, Financial management, Financial statements, Financial strategy, International finance, Mergers amp; Acquisitions, Taxation, ValuationCASE SETTINGS: United States; Industrial goods; $2,264 million revenues; 15,000 employees; 2002In response to Stanley...

SUBJECT AREAS: Antitrust laws, Business government relations, Competition, Industrial policy, Mergers, Regulatory agenciesCASE SETTINGS: Brussels; Aerospace Industry; 2001Helps students understand the principles underlying competition and antitrust policy in the context of the proposed...