The goal of management

What is a MNC?

Common finance decisions for a MNC

What is the agency problem?

Finance decisions are influenced by what other areas?

What is agency cost?

Why is the cost higher for MNC over domestic?

How can a parent company control agency problems?

Corporate control of agency problem?

Sarbanes-Oxley Act (SOX)

SOX improvements

Centralized Management Structure

Decentralized Management Structure

Impact of the internet?

Theory of competitive advantage

Imperfect markets theory

Product cycle theory

Reasons for international trade

Licensing

Franchising

Joint Ventures

Acquisition of existing operations

Establishing new subsidiaries

Direct Foreign Investment (DFI)