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FINANCIAL MANAGEMENT PRACTICES OF MULTINATIONAL CORPORATIONS: CONSTRAINTS AND EXPERIENCES IN DEVELOPING ECONOMIES
JOURNAL OF BANKING AND INVESTMENT (2004)
  • Chukwumah Lawyer Obara, Dr
Abstract

77,e growing attractiveness £?fgovernment interventiouin r"e· ~t;;,f;m~\:'~ft'kr·de\.~i~l'fn~ to:. countr ies has increased the political risks thai multinational firms have his toricalli been subj ected 10. These risk" ,H.'emto exertadifferent iI;lPaC/ onfinancial manaJ(e;l1e/~1 pract ices ofmnltinational corporations in thes e countries. J'{lriOll.f environmental constra ints, ranging / rom conflictinv (ax laws to y outh restivenes s lend /0 inhibit/he .'WC:Cl!SS a/financial management practices ofl\1NC~~ in deve loping countr ies. JJtJ recomm end that government in developing countrie s should fly 10 lake the peculiar socio/economic ill de velop ing s ituatio n ofthe Local communities into cons ideration while formula ting operating rules fo rthe MNCS. 10 enslire conducive operating environmentfor the successfu lf inancial management pra ctices .

Keywords
  • FINANCIAL,
  • MANAGEMENT PRACTICES,
  • MULTINATIONAL,
  • CORPORATIONS,
  • CONSTRAINTS,
  • EXPERIENCES,
  • DEVELOPING ECONOMIES
Disciplines
Publication Date
2004
Citation Information
Chukwumah Lawyer Obara. "FINANCIAL MANAGEMENT PRACTICES OF MULTINATIONAL CORPORATIONS: CONSTRAINTS AND EXPERIENCES IN DEVELOPING ECONOMIES" JOURNAL OF BANKING AND INVESTMENT (2004)
Available at: http://works.bepress.com/chukwumah_obara/18/