ACCT 801: Lincoln Electric Co. Venturing into Indonesia

Indonesia has a relatively open foreign investment regime and looks to foreign investment to help the country out of the current economic crisis. It has established a niche for low-cost manufacturing, which would be beneficial for Lincoln. The new government has been transforming Indonesia into a country with one of the most liberal policy and regulatory frameworks for investments in Southeast Asia (http://www.us-asean.org/Indonesia/business_guide/foreign_direct_investment.asp).…