Of the following, which is NOT considered to be a disadvantage to MNEs of having a financial structure adhere to local debt norms?
A) Why adhere to local standards if, as an MNE, the firm has important competitive advantages relating to capital structure?
B) Adhering to local standards may push the MNE consolidated financial ratios out of the optimal range.
C) A localized financial structure makes it difficult for management to compare operating results with those of local competitors.
D) All of the above are noted as disadvantages to having a localized capital structure.
Correct Answer:
Verified
Q24: If we accept the MNE objective of
Q25: Of the following, which is NOT considered
Q26: There is much debate about whether an
Q36: For firms to raise capital in international
Q61: Eurocredits are:
A) bank loans to MNEs and
Q67: Foreign bonds sold in the United States
Q69: A _ is a bond underwritten by
Q80: _ are domestic currencies of one country
Q82: Moody's rates international bonds at the request
Q89: The Eurocurrency market continues to thrive because
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents