Lecture notes Multinational financial management - Dr. Umara Noreen
Lecture notes Multinational financial management - Dr. Umara Noreen
This lecture introduces the multinational corporation as having similar goals to the purely domestic corporation, but a wider variety of opportunities. With additional opportunities come potential increased returns and other forms of risk to consider. The potential benefits and risks are introduced. The commonly accepted goal of an MNC is to maximize shareholder wealth. Financial managers throughout the MNC have a single goal of maximizing the value of the entire MNC.