预览加载中,请您耐心等待几秒...
1/10
2/10
3/10
4/10
5/10
6/10
7/10
8/10
9/10
10/10

亲,该文档总共16页,到这已经超出免费预览范围,如果喜欢就直接下载吧~

如果您无法下载资料,请参考说明:

1、部分资料下载需要金币,请确保您的账户上有足够的金币

2、已购买过的文档,再次下载不重复扣费

3、资料包下载后请先用软件解压,在使用对应软件打开

InternationalFinancialManagement精品文档就在这里-------------各类专业好文档,值得你下载,教育,管理,论文,制度,方案手册,应有尽有-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------精品文档---------------------------------------------------------------------Chapter1MultinationalFinancialManagement:AnOverviewLectureOutlineManagingtheMNCFacingAgencyProblemsManagementStructureofanMNCWhyFirmsPursueInternationalBusinessTheoryofComparativeAdvantageImperfectMarketsTheoryProductCycleTheoryHowFirmsEngageinInternationalBusinessInternationalTradeLicensingFranchisingJointVenturesAcquisitionsofExistingOperationsEstablishingNewForeignSubsidiariesSummaryofMethodsValuationModelforanMNCDomesticModelValuingInternationalCashFlowsUncertaintySurroundinganMNC’sCashFlowsOrganizationoftheTextChapterThemeThischapterintroducesthemultinationalcorporationashavingsimilargoalstothepurelydomesticcorporation,butawidervarietyofopportunities.Withadditionalopportunitiescomepotentialincreasedreturnsandotherformsofrisktoconsider.Thepotentialbenefitsandrisksareintroduced.TopicstoStimulateClassDiscussion1.WhatistheappropriatedefinitionofanMNC?2.WhydoesanMNCexpandinternationally?3.WhataretherisksofanMNCwhichexpandsinternationally?4.WhydoyouthinkEuropeancountriesattractU.S.firms?5.Whymustpurelydomesticfirmsbeconcernedabouttheinternationalenvironment?POINT/COUNTER-POINT:ShouldanMNCReduceItsEthicalStandardstoCompeteInternationally?POINT:Yes.WhenaU.S.-basedMNCcompetesinsomecountries,itmayencountersomebusinessnormstherethatarenotallowedintheU.S.Forexample,whencompetingforagovernmentcontract,firmsmightprovidepayoffstothegovernmentofficialswhowillmakethedecision.Yet,intheUnitedStates,afirmwillsometimestakeaclientonanexpensivegolfoutingorprovideskyboxticketstoevents.Thisisnodifferentthanapayoff.Ifthepayoffsarebiggerinsomeforeigncountries,theMNCcancompeteonlybymatchingthepayoffsprovide