12. Are MNEs Global Investments? Firms with opera- tions and assets across the globe, true MNEs, are
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12. Are MNEs Global Investments? Firms with opera- tions and assets across the globe, true MNEs, are in many ways as international in composition as the most internationally diversified portfolio of unre- lated securities. Why do investors not simply invest in MNEs traded on their local exchanges and forego the complexity of purchasing securities traded on foreign exchanges?
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Related Book For
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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