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Chapter 1 - Multinational Financial Management - Overview

Chapter 1 - Multinational Financial Management - Overview

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Published by Jean Pierre Naaman

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Categories:Types, Business/Law
Published by: Jean Pierre Naaman on Jun 15, 2010
Copyright:Attribution Non-commercial

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08/10/2013

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CHAPTER 1
Multinational Financial Management :An Overview
 
After studying this chapter, you should be able to:> Identify the main goal of the MNC and potential conflicts with thatgoal> Describe the key theories that justify international business> Explain the common methods used to conduct internationalbusiness
 
G
oal of the MNC
The commonly accepted goal of an MNC is to maximizeshareholder wealth. Developing a goal is necessary because alldecisions should contribute to its accomplishment. Thus, if theobjective were to maximize earnings in the near future, rather thanto maximize shareholder wealth, the firm·s policies would bedifferent.

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A great effort, helps me in the preparation of International Finance class
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