Transfer Pricing in the Multinational Firm (Classic Reprint)

Description: This book examines the intricacies of transfer pricing in the international business landscape, a method used to assess, motivate, and regulate performance within multinational corporations. The author argues that traditional control systems may fail to account for the unique risks and opportunities of the global market, leading to the need for flexible and tailored transfer pricing mechanisms. The book emphasizes the significance of external factors, such as taxation, currency fluctuations, economic conditions, political instability, competitive advantages, foreign partnerships, public relations, and interpersonal reactions, in shaping transfer pricing strategies. It explores how these factors can influence internal control systems, motivating multinational firms to adjust their transfer prices to maximize corporate profits, mitigate environmental threats, and maintain harmonious relationships within the organization. By recognizing and addressing these complexities, the book provides valuable insights for managers seeking to enhance the effectiveness of their transfer pricing systems. It underscores the need for criteria-based decision-making to balance the goals of internal control with the demands of the international environment, ensuring that transfer pricing remains a tool for driving corporate success rather than a source of dysfunction. Forgotten Books publishes hundreds of thousands of rare and classic books.This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some aesthetic errors may persist, however it has been deemed that any such will not detract from the work's significant historical value. The digital edition of all books may be viewed on our website before purchase.

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End Time: 2024-11-28T08:41:55.000Z

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