The Most Important Concepts in Finance
Show Less

The Most Important Concepts in Finance

Edited by Benton E. Gup

Anyone trying to understand finance has to contend with the evolving and dynamic nature of the topic. Changes in economic conditions, regulations, technology, competition, globalization, and other factors regularly impact the development of the field, but certain essential concepts remain key to a good understanding. This book provides insights about the most important concepts in finance.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 12: International real estate investment

Mary Alice Hines

Extract

Which is more relevant to the forty-fifth U.S. President Donald J. Trump – the White House or Trump Tower – as the symbol of the U.S. President’s residential and office home? In this instance it is not an either/ or situation. As Donald Trump carries out his many presidential functions, he uses both premises to perform his duties as father, husband, chief executive of the United States, Commander-in-Chief of the U.S. armed forces, and general manager of his vast international commercial real estate enterprise that is headquartered in New York’s Trump Tower. President Trump boasts that he can manage, at the same time, the business and social affairs of both the American government and his vast international real estate empire. However, the restraints of government– business conflicts of interest reduce the possibility of this government–business reality. Other individuals who run international real estate empires from the United States, Japan, United Arab Emirates, the United Kingdom, Australia, and other countries face similar international real estate challenges, but to date they have not managed their international real estate ventures while, at the same time, managing national government affairs as the national leader. In this instance, the U.S. President is acknowledged the political and administrative leader of the free world. No other government leader has been faced with this unique task.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.