GBM Multinational Financial Management

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GBMMultinationalFinancialManagement

• UCRX
• Dr. Beer

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Finance Function
Accounting
Finance
Economics

• Economics
• 1930s Capital, Liquidity, Reorganizations
• 1950s Cash, Inventory, Capital Structure,
  Dividend Policy
• 1990s Risk Management

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DJIA Friday
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• Personal Finance
• Corporate Finance
• Multinational Finance

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• Capital budgeting
• What long-term investments should we take on?
• What line of business will we be in?
• What sort of buildings, machinery and equipment
  will we need
• Capital structure
• Where will we get the long-term financing to pay
  for our investment?
• Will we bring in new owners or will we borrow the
  money?
• Working capital management
• How will we manage our everyday activities?

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Sample Corporate Bond
Figure 9-2 Sohio/BP Corporate Bond
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Sample Corporate Stock Certificate
Figure 9-9 Wien Consolidated Airlines Stock