International Business
(K. Aswathappa)
Globalization of capital base refers to the extent to which the company is accessing optimal sources of capital on a worldwide basis. The Hong Kong based Internet Service Provide china.com represents a good example of how a company can be ?local? in terms of market presence as well as supply chain, and yet have a highly globalised capital base. In 1999, China.com?s market base and operations were centered primarily around Hong Kong and China. Yet, in the same year, the company got itself listed on the US based Nasdaq.
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