TAILIEUCHUNG - Lecture International finance: An analytical approach (3/e): Chapter 16 - Imad A. Moosa

Chapter 16 - Foreign direct investment and international capital budgeting. In this chapter, the learning objectives are: To discuss the characteristics of FDI; to outline the theories of FDI; to describe the techniques of international capital budgeting; to examine the implications of taxation, country risk and transfer prices for international capital budgeting. | Lecture International finance An analytical approach 3 e Chapter 16 - Imad A. Moosa Chapter 16 Foreign Direct Investment and International Capital Budgeting Objectives To discuss the characteristics of FDI To outline the theories of FDI To describe the techniques of international capital budgeting To examine the implications of taxation country risk and transfer prices for international capital budgeting Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 16-2 Definition An investment project is classified as direct investment if the investor acquires significant control over a firm Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 16-3 What is significant control Ownership of 10-25 United States Japan and Australia 10 France Germany and United Kingdom higher threshold Belgium and the Netherlands no specific number Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 16-4 Reasons for interest in FDI Rapid growth and changing pattern of FDI Concern about causes and consequences of foreign ownership FDI channels resources to developing countries The role played in transforming ex-communist countries Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 16-5 Modes of foreign market entry Export of the goods produced in the source country Licensing a foreign company to use technology Foreign distribution of products through a subsidiary Foreign international production Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 16-6 Choice between exporting and FDI Profitability Opportunities for .

• Tài chính doanh nghiệp
• International Finance
• Lecture International finance
• Tài chính quốc tế
• Bài giảng Tài chính quốc tế
• Foreign direct investment
• International capital budgeting
• International monetary system
• Exchange rate arrangements
• Eurocurrency market
• International banking
• Internal financing
• International short term financing
• International long term financing
• Foreign bonds
• International bank loans
• Financial analysis
• Financial management
• Lecture Introduction to finance
• Financial markets
• International trade
• International business firms
• Financial manager
• Bond investment
• Equity investment
• International arbitrage
• Multipoint arbitrage
• Basel accords