TEXTBOOK: "International Financial Management" by Jeff Madura.
Chapter 1. Multinational Corporations. Goal of MNC, profit, profit maximization, stock-price maximization, agency problem, principal-agent problem, cultural problem, parent company, subsidiary company, decentralized, centralized, monitoring problem, managerial compensation, bonuses and salaries, compensation package, performance bonus, audit, internal audit, external audit, takeover, stock options, constraints, legal constraints, cultural constraints, environmental constraints, environmental pollution, ethical constraints, right and wrong, external environment, internal environment,