Dr. Rupesh Roshan Singh
INTERNATIONAL FINANCIAL MANAGEMENT
Globalization has made a tremendous impact throughout the world in past few years. The
world has seen a tremendous increase in the global transactions and foreign trade in recent
years. Multinational companies and Transnational companies hold strong positions in different
channels of globalization. They account for all foreign direct investment, are very active in
trade, with one third of world trade taking place within and not between companies.
The main reason behind this is that now more and more countries are getting engaged in
trading with each other in order to increase their profit or sales or protecting them from being
eroded by competition. The main objectives which are influencing the companies to engage in
