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Lawyer Obara

CONSTRAINTS

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Financial Management Practices Of Multinational Corporations: Constraints And Experiences In Developing Economies, Chukwumah Lawyer Obara Dr Jan 2004

Financial Management Practices Of Multinational Corporations: Constraints And Experiences In Developing Economies, Chukwumah Lawyer Obara Dr

Lawyer Obara

77,e growing attractiveness £?fgovernment interventiouin r"e· ~t;;,f;m~\:'~ft'kr·de\.~i~l'fn~ to:. countr ies has increased the political risks thai multinational firms have his toricalli been subj ected 10. These risk" ,H.'emto exertadifferent iI;lPaC/ onfinancial manaJ(e;l1e/~1 pract ices ofmnltinational corporations in thes e countries. J'{lriOll.f environmental constra ints, ranging / rom conflictinv (ax laws to y outh restivenes s lend /0 inhibit/he .'WC:Cl!SS a/financial management practices ofl\1NC~~ in deve loping countr ies. JJtJ recomm end that government in developing countrie s should fly 10 lake the peculiar socio/economic ill de velop ing s ituatio n ofthe Local communities into cons ideration while formula ting …