What Can International Finance Add to International Strategy?
Research Institute of Industrial Economics (IFN); Lund Institute of Economic Research, Lund University
University of Agder - School of Management
University of Hawaii at Manoa
November 22, 2011
HANDBOOK OF RESEARCH ON INTERNATIONAL STRATEGIC MANAGEMENT, A. Verbeke, H. Merchant, eds., London: Edgar Elgar, Forthcoming
This chapter focuses on the role of corporate financial strategies to improve firms’ market valuations, and thus lower their cost of capital. The identification of successful strategies is accomplished within an overall strategic framework and related to how the firm perceives the degree of international financial integration. Five strategies for how to break out of a segmented, thin domestic capital market are highlighted together with historical success cases. The chapter illustrates the linkages between business strategy, firm motivation, and various financial strategies.
Number of Pages in PDF File: 29
Keywords: Financial strategy, corporate strategy, global competitiveness, cost of capital
JEL Classification: F21, F23, F36, G32, G34Accepted Paper Series
Date posted: November 23, 2011 ; Last revised: March 5, 2013
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo7 in 0.484 seconds