Český finanční a účetní časopis 2009(2):6-24 | DOI: 10.18267/j.cfuc.25

Transnational Corporations' Financial Management

Ivan Doubrava1, Josef Valach2
1 Ing. Ivan Doubrava - finanční ředitel; Linde Gas, a.s., U Technoplynu 1324, 198 00 Praha 9, Česká republika; <ivan.doubrava@cz.linde-gas.com>.
2 Prof. Ing. Josef Valach, CSc. - profesor; Katedra financí a oceňování podniku, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3, Česká republika; <valach@vse.cz>.

TNCs get more and more influence in economy of individual countries. They take the principle place in global economy. The article deals with the TNCs role in country's economy. It draws attention to their positive and negative influence. Attention is paid to goals and specific features of transnational corporations' financial management and to transfer mechanism for distribution of funds. The article also describes in detail specialities and different alternatives of short-term and long-term transnational corporations' financial management.

Keywords: Transnational Corporation; Transfer Mechanism; Financial Strategy; Financial Plan; Short-Term Financial Management; Long-Term Financial Management.
JEL classification: G30

Published: June 1, 2009  Show citation

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Doubrava, I., & Valach, J. (2009). Transnational Corporations' Financial Management. Czech Financial and Accounting Journal, 2009(2), 6-24. doi: 10.18267/j.cfuc.25
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