6533b835fe1ef96bd129ff69
RESEARCH PRODUCT
What Can International Finance Add to International Strategy?
Lars OxelheimArthur StonehillTrond Randøysubject
Multinationales UnternehmenEconomic capitalFinancial ratiojel:F21International businessStrategisches ManagementInternationale Finanzierungjel:F23Corporate financeFinancial capitalddc:330G32G34Industrial organizationInternational financeFinanceFinancial strategyF36business.industryGlobal competitivenessFinancial integrationKapitalkostenCost of capitaljel:G34Financial strategyjel:F36jel:G32Identification (information)Cost of capitalFinancial strategy; Corporate strategy; Global competitiveness; Cost of capitalF21Financial modelingCorporate strategyInternationaler WettbewerbStrategic managementF23BusinessCapital marketdescription
This chapter focuses on the role of corporate financial strategies to improve firms’ market valuations, and thus lower their cost of capital. The identification of successful strategies is accomplished within an overall strategic framework and related to how the firm perceives the degree of international financial integration. Five strategies for how to break out of a segmented, thin domestic capital market are highlighted together with historical success cases. The chapter illustrates the linkages between business strategy, firm motivation, and various financial strategies. JEL: F21, F23, F36, G32, G34.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2011-01-01 |