Многонационално финансово управление
Multinational financial management

Summary/Abstract: Managers of multinational companies have to deal with a wide range of problems that are not present when a company operates in one country. In this article, we highlight the key differences between multinational and local corporations and discuss the impact of these differences on the financial management of multinational enterprises. When you read this article, you should be able to: Identify the main reasons why companies choose to become „global“; Explain how exchange rates work and interpret different exchange rate quotes; Discuss the intuition behind interest rate parity and purchasing power parity; Explain the different opportunities and risks that investors face when investing abroad; You identify some specific challenges facing a multinational corporation and discuss how they affect its capital budgeting, capital structure, and operating capital policies.

• Details
• Contents