International Investment and Financing Strategy
Financial strategy is yet another significant aspect of an MNC. It incorporates a number of issues that are discussed in the present chapter. The objectives are to:
- Discuss the process of international capital budgeting, which primarily includes the calculation of cash flows and the cost of capital.
- Show how a particular source/form of fund is selected.
- Acquaint readers with the nature of financial swap, especially the interest-rate swap and currency swap.
- Analyse international cash management, which includes the assessment of cash requirements, optimisation ...