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What is Multinational Cash Management Strategies about?

Chapter 21 discusses multinational cash management, focusing on the differences between subsidiary and parent perspectives, techniques for optimizing cash flows, and the complications involved. It emphasizes the importance of managing working capital, minimizing cash balances, and utilizing netting systems to reduce foreign exchange transactions. The chapter also explores centralized versus decentralized cash management and the benefits of netting for global firms.

Author

doanphat2108

Language

EN