中国经济管理大学《跨国公司财务管理》学员用书 电子教辅.pptVIP

14.1 THE VALUE OF THE MULTINATIONAL FINANCIAL SYSTEM The MNC has considerable freedom in selecting the financial channels through which funds, allocated profits, or both are moved. patents and trademarks can be sold outright or transferred in return for a contractual stream of royalty payments. profits and cash can be move from one unit to another by adjusting transfer prices With regard to investment flows, capital can be sent overseas as debt with some choice of interest rate, currency of denomination, and repayment schedule, or as equity with returns in the form of dividends. 14.1 THE