Capital Budgeting for the Multinational Corporation

摘要: Publisher Summary This chapter focuses on the capital budgeting for multinational corporation. Substantial differences can exist between project cash flows and back to parent firm because of tax regulations exchange controls. Many expenses such as management fees royalties are returns company. In addition, incremental revenue contributed MNC by a differ from total revenues if involves substituting local production company exports. general, be found subtracting worldwide post-investment flows. Given differences, question arises relevant use in evaluation. The actual remitted funds also depends transfer mechanism used, including adjustments prices, dividend flows, fee royalty charges, intracompany loan credit arrangements.