ENGLISH

Financial Strategies in Competitive Markets: Multidimensional Approaches to Financial Policies for Local Companies (Contributions to Finance and Accounting)

By Serhat Yüksel (editor) , Hasan Dinçer (editor)

Book information

Publisher
Springer
Year
2021
ISBN
3030686116, 9783030686116
Language
english
Format
PDF
Filesize
6 MB (6090025 bytes)
Pages
374\365
Time added
2024-04-07 06:41:19

Description

As globalization continues to rapidly evolve, economic borders between countries have practically disappeared. One effect is that nowadays companies can access new markets by investing in other countries. This offers an important advantage especially for international and large-scale companies. However, one result is the increased market competition. Small-scale local firms and SMEs have to compete with international firms and corporations that have significantly more resources. This competitive environment jeopardizes the sustainability of the smaller companies, which often are driven out of business by the more powerful global players. This book discusses financial strategies for small and middle size companies to increase their competitiveness in the global markets.

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