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Journal : Journal of Business Management and Economic Development

Financial Strengthening Strategies in Increasing Company Competitiveness Multinational Rahman, Fatmawati A; Masmarulan, Masmarulan; Rostini, Rostini; Muhammad, A Fadel; Bakri, Risna Melati Sukma
Journal of Business Management and Economic Development Том 2 № 03 (2024): September 2024
Publisher : Pt. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v2i03.938

Abstract

In the era of globalization, multinational companies face complex challenges and opportunities in various jurisdictions. Financial strengthening is a key strategy to increase a company's competitiveness in a dynamic global market. This research examines how efficient financial management, managing foreign exchange risks, optimizing capital structure, and investing in technology can support the stability and growth of multinational companies. Through in-depth literature analysis, this research highlights the importance of integrated and holistic financial strategies to ensure liquidity, reduce risks and maximize profits. With a sustainable and responsible approach, multinational companies can achieve competitive advantage and contribute to inclusive global economic development.