INTERNATIONAL FINANCIAL MANAGEMENT
INTRODUCTION
The objective of this Chapter is to explain international financial management in terms of foreign multinational capital budgeting decisions, cost of capital, working capital and important sources of rational finance. The focus is primarily on the distinguishing special aspects related to the uncial decisions of the multinational corporations (Incs) international firms since principles of uncial management applicable to the domestic local firms, by and large, do also apply to internal firms In fact,
the fundamental goal of international firms as well as Mn Cs matches with of domestic firms, that is, maximization of the wealth of shareholders. While Section 1 deals foreign multinational capital budgeting decisions, Sections 2 to 4 explain aspects related to of capital,
adjusted presented value approach and working capital, respectively The major atonal sources of finance in India, namely, external commercial borrowings and euro Issues described in the subsequent Sections’ 5 and 6, respectively The last section summaries the points.
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