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(a) According to a report by Consumer News and Business Channel (CNBC), Chinese companies are rushing to go public in the red-hot initial public offering
(a) According to a report by Consumer News and Business Channel (CNBC), Chinese companies are rushing to go public in the red-hot initial public offering (IPO) market in the U.S. and more Chinese startups remain intent on listing in New York. Discuss FIVE (5) benefits and ONE (1) risk for a foreign company to issue stocks in the U.S. market. (12 marks) (b) Explain why cultural differences is one of the challenges for multinational corporations to penetrate a foreign market. Provide an example to support your answer. (5 marks) (c) Malaysia's inflation is expected to be 1.25% and Thailand's inflation is expected to be 0.95% next year. Given the spot value of Thai baht (THB) is MYRO.1320, compute the real value of THB for (3 marks) next year
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