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Financing MNC Subsidiaries in Central America
Vihang R. Errunza
Journal of International Business Studies
Vol. 10, No. 2 (Autumn, 1979), pp. 88-93
Published by: Palgrave Macmillan Journals
Stable URL: http://www.jstor.org/stable/154711
Page Count: 6
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This article studies the historical financial sources for MNC activity in Costa Rica, Honduras, and Nicaragua. The evidence suggests that country environment factors have dominated the sourcing policies of MNCs. The most important factors include perceived exchange risk and domestic credit conditions.
Journal of International Business Studies © 1979 Palgrave Macmillan Journals