【正文】
apply pressure on their government.?Purchase Insurance164。 Investment guarantee programs offered by the home country, host country, or an international agency insure to some extent various forms of country risk.Reducing Exposureto Host Government TakeoversC16 34Online ApplicationC16 35Impact of Country Risk on an MNC’s ValueE (CFj,t ) = expected cash flows in currency j to be received by the . parent at the end of period tE (ERj,t ) = expected exchange rate at which currency j can be converted to dollars at the end of period tk = weighted average cost of capital of the parentExposure of Foreign Projects to Country RisksC16 36? Why Country Risk Analysis Is Important? Political Risk Factors164。 Attitude of Consumers in the Host Country164。 Attitude of Host Government164。 Blockage of Fund Transfers164。 Currency Inconvertibility164。 War164。 Bureaucracy164。 CorruptionChapter ReviewC16 37Chapter Review? Financial Risk Factors164。 Current and Potential State of the Country’s Economy164。 Indicators of Economic Growth? Types of Country Risk Assessment164。 MacroAssessment of Country Risk164。 MicroAssessment of Country RiskC16 38Chapter Review? Techniques of Assessing Country Risk164。 Checklist Approach164。 Delphi Technique164。 Quantitative Analysis164。 Inspection Visits164。 Combination of TechniquesC16 39Chapter Review? Developing a Country Risk Rating164。 Example of Measuring Country Risk164。 Variation in Methods of Measuring Country Risk164。 Using the Country Risk Rating for DecisionMaking? Comparing Risk Ratings Among Countries? Actual Country Risk Ratings Across CountriesC16 40Chapter Review? Incorporating Country Risk in Capital Budgeting164。 Adjustment of the Discount Rate164。 Adjustment of the Estimated Cash Flows? Applications of Country Risk AnalysisC16 41Chapter Review? Reducing Exposure to Host Government Takeovers164。 Use a ShortTerm Horizon164。 Rely on Unique Supplies or Technology164。 Hire Local Labor164。 Borrow Local Funds164。 Purchase Insurance? Impact of Country Risk on an MNC’s ValueC16 42謝謝觀看 /歡迎下載BY FAITH I MEAN A VISION OF GOOD ONE CHERISHES AND THE ENTHUSIASM THAT PUSHES ONE TO SEEK ITS FULFILLMENT REGARDLESS OF OBSTACLES. BY FAITH I BY FAITH