Overview

Incorporating an accurate measure of risk is important to the appraisal of an international investment. This book examines and recommends how decisions on international investment projects are made. Critiquing and integrating existing theory, it shows how risk can be incorporated into the present value formula produce a clear decision rule.

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9781349523108

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COLIN WHITE is Professor of Economics at the Graduate School of Management, La Trobe University, Australia. Professor White began his career with an interest in planning, moving on to research the comparative performance of national economies and later the economic performance of the enterprise. Formerly Head of Departments of Economic History, Economics and the Graduate School of Management (inaugural), his most recent book is Strategic Management. MIAO FAN has an international background having studied and worked in China, holding an MBA from Britain and a PhD from Australia for her thesis on Country Risk and its Impact on the FDI Decision-making Process from an Australian Perspective. She now works in the risk management team at the National Australia Bank.

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