Professional Documents
Culture Documents
Financial Management
by
Jeff Madura
Florida Atlantic University
Course Teacher
Md. Shariful Islam
Institute of Business Administration
University of Rajshahi
Chapter
1
Multinational Financial
Management: An
Overview
A few good talks
Financing at A Financing at B
Cash ManagementFinancial
at A Managers of AManagersCash
Financial of B Management at B
Financing at A Financing at B
Purely
Investment Domestic
Opportunities MNC
Marginal Firm
Return on
Projects MNC
Purely
Marginal Domestic
Cost Firm
of
Capital Financing Appropriate
Opportunities Size for X
Purely
Domestic Y
Firm
Appropriate Size
for MNC
Asset Level
of Firm
International Opportunities
• Opportunities in Europe
¤ The Single European Act of 1987.
¤ The removal of the Berlin Wall in 1989.
¤ The inception of the euro in 1999.
• Opportunities in Latin America
¤ The North American Free Trade
Agreement (NAFTA) of 1993.
¤ The General Agreement on Tariffs and
Trade (GATT) accord.
International Opportunities
• Opportunities in Asia
¤ The reduction of investment restrictions by
many Asian countries during the 1990s.
¤ China’s potential for growth.
¤ The Asian economic crisis in 1997-1998.
International Opportunities