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19 Pages Complete Study Notes Year: Pre-2018

INTRODUCTION Multinational Corporations (MNC) have investments or financial operations in more than one country. The challenge faced by MNCs is to successfully develop and implement strategies in more than one culture or business environment. GOALS OF MULTINATIONAL CORPORATION (1) Objective of MNC • The primary goal of MNC is to maximize shareholder’s wealth but there are often conflicts with and between stakeholders who also have interest in the firms (e.g. creditors, debtors, suppliers, managers, business partners & society at large); this is known as the agency problem.


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