When we were graduate students, we chose to study international finance because we wanted to understand issues such as how exchange rates are determined and how people manage the risks that fluctuations in exchange rates create. We also recognized that the economic forces that people now call globalization were trends that would only increase in importance over time. We like to think that we made a good call on our careers because, without a doubt, globalization of business is now a fact. Our goal with this book is to equip future global business leaders with the tools they need to understand the issues, to make sound international financial decisions, and to manage the myriad risks that their businesses face in a competitive global environment.

International Financial Management , 2nd Edition, continues to blend theory, the analysis of data, examples, and practical case situations to allow students to truly understand not only what to do when confronted with an international financial decision but why that decision is the correct one. When we explore international financial markets, we do so with an eye on risk management. We thereby incorporate practical considerations into what other textbooks take as background theory or institutional detail.

当我们还是研究生时，我们选择学习国际金融，因为我们想了解汇率是如何决定的，以及人们如何管理汇率波动带来的风险等问题。我们还认识到，人们现在称之为全球化的经济力量，随着时间的推移，这种趋势只会变得越来越重要。毫无疑问，我们认为全球化是我们的事业。我们写这本书的目的是让未来的全球商界领袖掌握他们所需要的工具，以了解这些问题，做出正确的国际金融决策，并在竞争激烈的全球环境中管理其企业所面临的各种风险。

为什么第二版的财务决策要与国际接轨，而不是一个真正的财务决策案例。当我们探索国际金融市场时，我们着眼于风险管理。因此，我们将实际考虑纳入其他教科书中，作为背景理论或制度细节。