Club Deal.

A club deal is an agreement between a group of investors to pool their resources in order to finance a large transaction, such as a merger or acquisition. Club deals are typically used for large transactions that would be too costly for any one investor to finance on their own. Club deals are often used … Read more

What Is the Power Distance Index (PDI)?

The power distance index (PDI) is a measure of national cultures used in the field of international business. It was developed by Dutch psychologist Geert Hofstede and reflects the degree to which less powerful members of organizations and institutions within a society accept and expect that power is distributed unequally. The PDI score for a … Read more