According to the text, an MNC's "global" target capital structure is:
A) always debt-intensive.
B) always equity-intensive.
C) sometimes different from an MNC's "local" capital structures (at subsidiaries).
D) none of the above

Question

Quizplus · Accepted Answer

An MNC's "global" target capital structure may differ from its "local" capital structures at subsidiaries. This means that the proportions of debt and equity financing may vary across different subsidiaries, depending on local market conditions and legal requirements. However, the overall global target capital structure is determined by the MNC's overall financial strategy and goals.

According to the Text, an MNC's "Global" Target Capital Structure