Exchange rate fluctuations and multinational subsidiary responses
Article Abstract:
Multinational subsidiaries and their responses to exchange rate fluctuations are discussed. Local country managers in such companies should be certain of the expectations of those they report to. Ability of multinational enterprise (MNE) subsidiaries in a subregion to respond to major exchange rate fluctuations in the host country depend on optimizing regional market strategy designed to balance long-term interests of the corporation as a whole. Relative roles of the MNE subsidiaries and their strategic marketplace positions in mark influence where the response strategy is formulated. A number of multinational subsidiaries manufacturing in the UK mainly to serve EU markets are considered relative to two periods of sterling devaluations.
Publication Name: Journal of General Management
Subject: Business, general
ISSN: 0306-3070
Year: 1997
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Cross-border acquisitions of European multinationals
Article Abstract:
A study on cross-border/international acquisitions of European multinationals during the period 1976-2000 is described. The two important preconditions for cross-border acquisitions are a unique competence that makes a company to stand out in competition and deep financial pockets.
Publication Name: Journal of General Management
Subject: Business, general
ISSN: 0306-3070
Year: 2005
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