Corporate Fin Mgt NDLM.PDF

Investment in foreign securities Shareholders may be attracted to invest in foreign securities especially in shares of multina ...

Cost of retained earnings Retained earnings have implicit costs. In operational terms, there is an opportunity cost of retenti ...

accordingly the appropriate cost of equity should betake into account. If the subsidiary is held 100 per cent by the group, the ...

Whenever a third currency is chosen, it is generally the American dollar (for example for petroleum imports) that is preferred. ...

Revolving and non-revolving types of documentary credit. Most of the documentary credits are non-revolving, meaning thereby that ...

A certificate of origin, certifying that goods have been produced in a specific country; A certificate of quality, indicating t ...

The letter of exchange must contain the following indications in order to be negotiable: It is written and signed by the drawer ...

However, the use of cheques in international commerce is quite limited. Telegraphic Transfers This is a form of fast payment. ...

machinery. Such an arrangement has attributes that make it, in effect, an alternative form of direct investment. Financial count ...

In another type of financing, the risk is shared both by the lender and promoter. The problem sometimes encountered in this met ...

Importance of international project financial The advantage of these projects to industries lies essentially in limiting the r ...

c) The taxation of the host country; d) The dividend policy. Local financing is generally meant to meet short-term liabilities o ...

International financial markets can develop anywhere, provided that local regulations permit the market and potential users are ...

Most of the syndicated debts are of the order of $ 50 million. As far as the upper limits are concerned, amounts involved are of ...

An example of foreign bonds is when a British Company in Switzerland issues bonds in Swiss francs on the Swiss market. Bonds wil ...

International organizations, such as World Bank, European Bank of Investment, etc. As far as the geographic origin of borrower ...

Zero coupon bonds. These bonds do not pay interest. They are issued at a price lower than their reimbursement value to take care ...

The IFC finances various projects in the private sector through loan and equity participation. In contrast to IBRD or IDA, the I ...

QUESTIONS AND EXERCISES What do you understand by globalization of financial markets? What factors have facilitated the process ...

International cash management in a multinational group International cash management of multinational firms is distinct from nat ...