Competition is more and more about competing for capital.
Furthermore, they compete for investors' support, and do so aggressively, across an increasingly international terrain. One reason for this is the greater ease with which institutions and private investors can switch investments from one company to another, one industry to another or one part of the world to another. They are armed with better and almost instantaneous information. Financial performance is increasingly transparent. The number of cross-border mergers and acquisitions is increasing and the Internet feeds investors with continuous data on corporate assets.