Foreign subsidiary- financial structure
State some of the conditions under which the foreign subsidiary’s financial structure become relevant?
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The subsidiary’s own financial structure may become relevant while parent firm is not accountable for financial obligations of subsidiary.
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Explain why and how a firm’s capital cost can be reduced when stock of firm is cross-listed on foreign stock exchanges.
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Describe the term Arbitrage.
A legal process that allows a debtor, either a person or a business, to redundant some or all of the debt. The normal process involves selling asset and using the proceeds to pay off creditors in an order and/or in an amount determined by a judge. Some types of bankru
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