Please explain if the below-mentioned statement is true or false and why, in as much detail as possible. It would be best to answer it with ''It depends on...''. On what does it depend? When is it true, when is it false? Statement: ''The investment in a subsidiary (SME) can be justified when measured against MNC investment standards, as long CSR standards are met too''.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
Problem 12DQ
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Please explain if the below-mentioned statement is true or false and why, in as much detail as possible. It would be best to answer it with ''It depends on...''. On what does it depend? When is it true, when is it false?
Statement: ''The investment in a subsidiary (SME) can be justified when measured against MNC investment standards, as long CSR standards are met too''.

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