Well, this came as almost a treat – corporate finance, which in itself is an investment topic to be studied, on an international context. There are many textbooks on the market which study the corporate finance topics, from the main financial decisions of a corporation to financial instruments or the (in)famous weighted average cost of capital (WACC). In an international context, there are quite few study texts.
The field of International corporate finance deals with the various financial activities of international corporations or multinational companies. This book is even more focused – it concentrates on the multinational companies (MNC’s or MNE’s) and on their blood who keeps pumping and make them grow –the flow of money. Read more
Archive for February 2011
If you have not heard about the multinational companies or multinational enterprises (shortly called MNC’s or MNE’s) and if you are working with shares, you are probably from another planet – or you simply do not care. I can simply assume that 99% of the readers of this book review have heard about the fantastic turnovers they have, about their cross-continental span or about how many people have successful careers in the MNC’s. I am actually one of the persons who happen to know quite well how multinational companies work – and yet I know quite a small portion of what I should know.
The multinational companies can reshape dramatically the earth they walk on, this is why I decided to read a book on how they work. And “Global Business Today” by Charles. W. L. Hill is a treat in itself. If you are accustomed with the McGraw Hill’s study text format, then you will know that their books are comprehensive and packed with study cases. “Global Business Today” does not make an exception, yet it has something more – it is about a subject which touches many aspects about our everyday lives. Read more