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2019 | OriginalPaper | Chapter

5. Managing Institutional Differences in Finland–India Business

Author : Ajeet N. Mathur

Published in: Finland–India Business Opportunities

Publisher: Springer Singapore

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Abstract

This chapter distinguishes institutional differences from cultural differences discussed in the previous Chap. 4 and introduces the important institutions in both countries in the context of enterprise formation and structuring business investments, trade and collaborations. There is discussion on taxation systems, labour markets, capital markets, community laws, and liquidation procedures. The Finnish Code-Law-based justice system and India’s Common-Law-based justice system are different from each other. The Chapter also familiarises the reader with public systems in the two countries and how that may affect the structuring of investments and risks associated with prosecuting and defending legal actions.

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Metadata
Title
Managing Institutional Differences in Finland–India Business
Author
Ajeet N. Mathur
Copyright Year
2019
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-8019-7_5