2014/15
The University of Manchester
Manchester Business School
Manchester Accounting and Finance Group
BMAN 71551
FINANCIAL RISK MANAGEMENT
FOR INTERNATIONAL BUSINESS
Reading List
Textbooks
The following textbook covers the majority of the material, and, therefore, is recommended for this course:
David Eiteman, Arthur Stonehill and Michael Moffett (2013), Multinational Business
Finance, 13th (Global) Edition, Pearson Education [ESM].
Other texts (and their later editions) also cover most of the material:
Cheol S. Eun and Bruce G. Resnick (2014), International Finance, 7th (Global Edition),
McGraw-Hill Irwin [ER].
This text is the closest substitute for ESM.
Buckley, A. (2006), Multinational Finance, 5th Edition, Pearson Education.
Butler, K.C. (2008), Multinational Finance, 4th Edition, Thomson South-Western.
Pilbeam, K. (2006), International Finance, 3rd Edition, Palgrave Macmillan.
Shapiro, A.C. (2006), Multinational Financial Management, 9th Edition, John Wiley &
Sons.
In addition, students with a non-finance background are recommended to refer to the following texts (or their later editions) for an introduction to the theory of finance:
Bodie, Z., Kane, A, Marcus, A. (2008), Investments, 7th Edition, McGraw-Hill Irwin.
Ross, S., Westerfield, W., Jaffee, J. (2007), Corporate Finance, 7th Edition, McGraw-Hill
Irwin.
1
BMAN 71551 Financial Risk Management for International Business
2014/15
Detailed Reading List
Lecture 1: Globalisation, Multinational Enterprises and International Monetary System
On Globalisation, MNEs and Corporate Governance:
Textbooks:
ESM, Ch. *1 and *2 OR ER, Ch. 1 and Ch. 4.
On the International Monetary System and Exchange Rate Regimes:
Textbooks:
ESM, Ch. *3 (except the section on the Euro) OR ER, Ch. 2 (except the section on the EMU).
Pilbeam, Ch. 10 (Sections 10.1-10.3) and 11 (Sections 11.13-11.14)
Papers:
* Levy-Yeyati, E. and Sturzenegger, F. (2003), “To Float or