Globalization and International Financial Strategies

Abstract

This research looks at the difficulties managers have in adapting to the modern financial environment in the context of globalization. It looks at several topics related to international financial strategy, such as managing multinational teams, managing market entrance strategies, managing currency risk, adapting managerial style to a global workplace, adhering to international rules and assessing geopolitical risk. The study focuses special attention on the complexity involved in the decision-making process in terms of market entry tactics and currency risk management, drawing on an extensive literature review and real-world examples. It emphasizes the significance of effective communication and leadership styles when managing global teams, as well as the necessity of intercultural competency for managers to function in various cultural contexts. The study also looks at the significance of regulatory compliance for global corporate operations and how geopolitical risk affects investment choices. This report uses critical analysis to pinpoint the opportunities and problems brought about by globalization while offering managers practical advice on how to adapt to the shifting financial landscape.

Citation

Weijian, W. (2024), "Globalization and International Financial Strategies", Ali, M., Choi-Meng, L., Puah, C.-H., Raza, S.A. and Sivanandan, P. (Ed.) Strategic Financial Management, Emerald Publishing Limited, Leeds, pp. 35-47. https://doi.org/10.1108/978-1-83608-106-720241003