Multinationals Books
Pearson Education Multinational Business Finance Global Edition
Book SynopsisDavid K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA. He has also held teaching or research appointments at the Hong Kong University of Science & Technology, Showa Academy of Music (Japan), the National University of Singapore, Dalian University (China), the Helsinki School of Economics and Business Administration (Finland), University of Hawaii at Manoa, University of Bradford (UK), Cranfield School of Management (UK), and IDEA (Argentina). He is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and Western Finance Association. Professor Eiteman received a BBA (Business Administration) from the University of Michigan, Ann Arbor (1952); MA (Economics) from the University of California, Berkeley (1956); and a PhD (Finance) from North-western University (1959). He has authored or co-authored 4 books and 29 other publications. HisTable of ContentsPART I: GLOBAL FINANCIAL ENVIRONMENT Multinational Financial Management: Challenges and Opportunities International Monetary System The Balance of Payments Financial Goals, Corporate Governance and the Market for Corporate Control PART II: FOREIGN EXCHANGE THEORY & MARKETS The Foreign Exchange Market International Parity Conditions Appendix: An Algebraic Primer to International Parity Conditions Foreign Currency Derivatives: Futures & Options Appendix: Currency Option Pricing Theory Interest Rate Risk and Swaps Foreign Exchange Rate Determination & Intervention PART III: FOREIGN EXCHANGE EXPOSURE Transaction Exposure Appendix A: Complex Option Hedges Appendix B: The Optimal Hedge Ratio and Hedge Effectiveness Translation Exposure Operating Exposure PART IV: FINANCING THE GLOBAL FIRM Global Cost and Availability of Capital Funding the Multinational Firm Multinational Tax Management International Trade Finance PART V: FOREIGN INVESTMENTS AND INVESTMENT ANALYSIS Foreign Direct Investment & Political Risk Multinational Capital Budgeting & Cross-Border Acquisitions Answers to select end-of-chapter problems
£58.89
HarperCollins Publishers Londongrad From Russia with CashThe Inside Story
Book SynopsisThe amazing true story of how London became home to the Russian super-rich. A dazzling tale of incredible wealth, ferocious disputes, beautiful women, private jets, mega-yachts, the world's best footballers and chauffeur-driven Range Rovers with tinted windows.A group of buccaneering Russian oligarchs made colossal fortunes after the collapse of communism and many of them came to London to enjoy their new-found wealth. Londongrad tells for the first time the true story of their journeys from Moscow and St Petersburg to mansions in Mayfair, Knightsbridge and Surrey and takes you into a shimmering world of audacious multi-billion pound deals, outrageous spending and rancorous feuds.But while London''s flashiest restaurants echoed to Russian laughter and Bond Street shop-owners totted up their profits, darker events also played themselves out. The killing of ex-KGB man Alexander Litvinenko in London to the death in a helicopter crash he all but predicted of Stephen Curtis, the lawyerTrade Review‘A magnificently emetic account of the lifestyles of the Russki oligarchs…’ Rod Liddle, Sunday Times ‘Meticulously researched…a racy and intriguing read’ Daily Express “an important and fascinating story… gripping” - Sam Leith, the Daily Mail “A gripping chronicle of the decadence, danger and sheer power that defined a phenomenon… thoroughly researched… a compelling read” - Jeremy Hazlehurst, City AM “a racy and alarming investigation” - the Economist
£11.69
LID Publishing The Haier Model: Reinventing a multinational
Book SynopsisSince its origins in the 1920s as a refrigerator factory in Qingdao supplying the Chinese market, Haier has risen to become a major multinational company, overtaking the likes of Whirlpool and LG, to become the world's leading manufacturer of household appliances today, with revenues of $30 billion. How did Haier achieve this amazing feat? This book examines Haier's organizational transformation, which can be traced back to 1984 when Zhang Ruimin (Haier's current CEO) joined the company, and which became the essence of Haier's sustained competitive advantage. In particular, it looks at the "RDHY Win-Win Model of Employee-Customer Integration", the latest management practice in Haier, which has had a profound effect on the company's performance, and which has captured the attention of academics and managers around the world.
£22.49
Verso Books The People's Republic of Walmart: How the World’s
Book SynopsisFor the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People's Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.Trade ReviewProvocative and lively book. * Morning Star *Philips and Rozworski's book is a timely exhortation to rethink the wisdom that markets always do it better. -- Hettie O'Brien * New Statesman *People's Republic of Walmart is fast-paced and provocative. It offers readers a refreshing perspective on today's highly planned capitalist enterprises, and the prospect of a new form of democratic, transparent and socialist planning. -- Ann Pettifor * TLS *
£9.99
Emerald Publishing Limited The Global Challenge for Multinational
Book SynopsisGovernments and multinational firms have moved from a situation of conflict to one where government policies were seen as a constraint on the activities of MNE's. This book examines the relationship between multinational firms and emerging markets, a relationship which changed profoundly in the period from the 1950's to the late 1990's.Table of ContentsSeries Editor's Preface. Introduction and Statement of the Issues (P.J. Buckley, P.N. Ghauri). The Changed Relationship. Foreign investment and the growth of the firm (E.T. Penrose). The multinational corporation and the law of uneven development (S.H. Hymer). Sovereignty at bay: ten years after (R. Vernon). Re-evaluating the benefits of foreign direct investment (J.H. Dunning). Does third world growth hurt first world prosperity (P. Krugman). Northern Multinationals in the South. The role of direct foreign investment in developing east Asian countries (H. Hill, B. Johns). Multinational enterprises in less developed countries: cultural and economic interactions (P.J. Buckley, M. Casson). Vietnam and China: foreign direct investment parallels (N.J. Freeman). The restructuring of the Indian automobile industry: Indian state and Japanese capital (A.P. D'Costa). Southern Multinational Firms and Technology Transfer from The South. Direct investment by firms from less developed countries (D. Lecraw). Exports of technology by India: recent evidence (S.Lall). The Confucius connection: from cultural roots to economic growth (G. Hofstede, M. Bond). The strategy of Pacific Asian multinationals (P.J. Buckley, H. Mirza). Relations between Multinational Enterprises and Host Nation Governments. Going beyond clones in Brazil and Korea: a corporative analysis of NIC strategies in the computer industry (P.B. Evans, P. Bastos Tigre). TNE's in the Third World: stability or discontinuity? (R. Kaplinsky). The growing interdependence between transnational corporations and governments (J.M. Stopford). The globalisation challenge: surviving at the margins (J.H. Mittelman). Managing in Emerging Countries: The Current Picture. Privatization: trends and prospects in less developed countries (P. Cook, C. Kirkpatrick). Management in China (J. Child).
£102.99
Pearson Education (US) Multinational Business Finance
Book SynopsisAbout our authors David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA. He has also held teaching or research appointments at the Hong Kong University of Science & Technology, Showa Academy of Music (Japan), the National University of Singapore, Dalian University (China), the Helsinki School of Economics and Business Administration (Finland), University of Hawaii at Manoa, University of Bradford (UK), Cranfield School of Management (UK), and IDEA (Argentina). He is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and Western Finance Association. Professor Eiteman received a BBA (Business Administration) from the University of Michigan, Ann Arbor (1952); MA (Economics) from the University of California, Berkeley (1956); and a PhD (Finance) from Northwestern University (1959). He has authored or co-authored 4 books and Table of ContentsBrief Contents PART I: GLOBAL FINANCIAL ENVIRONMENT Multinational Fin Mgmt: Challenges & Opportunities The International Monetary System The Balance of Payments Financial Goals and Corporate Governance PART II: FOREIGN EXCHANGE THEORY & MARKETS The Foreign Exchange Market International Parity Conditions Appendix: An Algebraic Primer to Parity Conditions Foreign Currency Futures & Options Appendix: Foreign Currency Options Pricing Theory Interest Rate Derivatives & Swaps Exchange Rate Determination & Forecasting PART III: FOREIGN EXCHANGE EXPOSURE Transaction Exposure Appendix: Complex Option Hedges Translation Exposure Electrolux of Sweden Currency Management New #2 Operating Exposure Rolls Royce & Brexit New #2 PART IV: FINANCING THE GLOBAL FIRM The Global Cost and Availability of Capital Raising Equity and Debt Globally Multinational Tax Management International Trade Finance PART V: FOREIGN INVESTMENTS & OPERATIONS Foreign Direct Investment & Political Risk Multinational Capital Budgeting & Cross-Border Acquisitions Answers to selected end-of-chapter problems
£234.56
The University of Chicago Press Taxing Multinational Corporations NBERProject
Book SynopsisSummarizes the research on the structure and effects of tax policies collected in The Effects of Taxation on Multinational Corporations, covering such issues as the impact of tax law on US competitiveness and the volume and location of research and development spending.Table of ContentsPreface Introduction Martin Feldstein, James R. Hines, Jr., R. Glenn Hubbard. 1: Home-Country Effects of Outward Direct Investment Robert E. Lipsey 2: Tax Rules and the Effect of Foreign Direct Investment on U.S. National Income Martin Feldstein 3: Corporate Taxes and the Cost of Capital for U.S. Multinationals Joosung Jun 4: The Importance of Income Shifting to the Design and Analysis of Tax Policy Roger H. Gordon, Jeffrey K. MacKie-Mason. 5: Alternative Minimum Tax Rules and Multinational Corporations Andrew B. Lyon, Gerald Silverstein. 6: Taxes, Technology Transfer, and R&D by Multinational Firms James R. Hines, Jr 7: Tax Planning, Timing Effects, and the Impact of Repatriation Taxes on Dividend Remittances Rosanne Altshuler, T. Scott Newlon, William C. Randolph. 8: Is Foreign Direct Investment Sensitive to Taxes? Jason G. Cummins, R. Glenn Hubbard. 9: The Tax Treatment of Interest and the Operations of U.S. Multinationals Kenneth A. Froot, James R. Hines, Jr. 10: International Accounting, Asymmetric Information, and Firm Investment Jason G. Cummins, Trevor S. Harris, Kevin A. Hassett. Appendix James R. Hines, Jr., R. Glenn Hubbard. Contributors Author Index Subject Index
£28.50
The University of Chicago Press The Effects of Taxation on Multinational
Book SynopsisIn an attempt to quantify the effect of tax policy on international investment choices, the ten papers in this volume present in-depth analyses of the interaction of international tax rules and the investment decisions of multinational enterprises.Table of ContentsPreface Introduction Martin Feldstein, James R. Hines, Jr., R. Glenn Hubbard. 1: Outward Direct Investment and the U.S. Economy Robert E. Lipsey Comment: S. Lael Brainard 2: The Effects of Outbound Foreign Direct Investment on the Domestic Capital Stock Martin Feldstein Comment: Kenneth A. Froot 3: Why Is There Corporate Taxation in a Small Open Economy? The Role of Transfer Pricing and Income Shifting Roger H. Gordon, Jeffrey K. MacKie-Mason. Comment: T. Scott Newlon 4: The Impact of International Tax Rules on the Cost of Capital Joosung Jun Comment: Joel Slemrod 5: The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data Jason G. Cummins, R. Glenn Hubbard. Comment: David G. Hartman 6: The Alternative Minimum Tax and the Behavior of Multinational Corporations Andrew B. Lyon, Gerald Silverstein. Comment: Alan J. Auerbach 7: Accounting Standards, Information Flow, and Firm Investment Behavior Jason G. Cummins, Trevor S. Harris, Kevin A. Hassett. Comment: G. Peter Wilson 8: Taxes, Technology Transfer, and the R&D Activities of Multinational Firms James R. Hines, Jr Comment: Adam B. Jaffe 9: Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals Rosanne Altshuler, T. Scott Newlon, William C. Randolph. Comment: William M. Gentry 10: Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals Kenneth A. Froot, James R. Hines, Jr. Comment: Julie H. Collins Contributors Author Index Subject Index
£83.60
Pearson Education Essentials of Global Marketing
Book SynopsisSvend Hollensen is Associate Professor of International Marketing at the University of Southern Denmark and has worked as a marketing consultant for several international companies and organisations. Table of ContentsPart 1 - The Decision to Internationalize 1. Global Marketing in the firm 2. Initiation of internationalisation 3. Internationalisation theories Part 2 - Deciding Which Markets to Enter4. Development of the firm's international competitiveness 5. The political and economic environment 6. The sociocultural environment 7. The international market selection process Part 3 - Market Entry Strategies8. Some approaches to the choice of entry mode 9. Export, intermediate and hierarchical entry modes 10. International buyer-seller relationships Part 4 - Designing the Global Marketing Programme11. Product and pricing decisions 12. Distribution and communication decisions Part 5 - Implementing and Coordinating the Global Marketing Programme13. Cross-cultural sales negotiations 14. Organisation and control of the global marketing programme
£65.99
John Wiley & Sons Inc Fundamentals of Global Operations Management
Book SynopsisFundamentals of Global Operations Management, Second Edition provides an overview of the fundamentals of an organisation's operations functions for employees working in any corporate environment.Table of ContentsPreface. About the author. 1 OPERATIONS MANAGEMENT. 2 MARKETS. Equity securities. Debt securities. Derivative markets. Foreign exchange and money markets. Retail and other products. Other products. Market and product knowledge. Market structure and membership. Products traded. Structure and characteristics of the products. Clearing mechanisms, membership and the clearing house role. Structure of securities clearing and settlement conventions. Regulation, accounting and tax issues. Policy, procedures and controls. 3 BANKING, BROKING AND INSTITUTIONAL CLIENTS. What are the issues for the operations managers in these scenarios? 4 CONCEPTS OF RISK. Settlement risk. System risk. Counterparty and agent risk. Personnel risk. Regulatory risk. Legal risk. Reputational risk. Infrastructure risk. Financial risk. Disaster risk. 5 CLEARING AND SETTLEMENT. Fixed rate bonds. Floating rate notes. The role of the clearing house. The concept of margining, collateral and treasury management. Margin. Collateral. Treasury management. OTC derivatives. Products. Swaps. OTC options. Settlement of OTC products. Event calendar. Communication/Information. Other settlement issues. Accounting and regulatory issues. SwapClear. SwapsWire. Summary. Suggested further reading. Checklists. 6 CUSTODY. 7 TECHNOLOGY. 8 REGULATION AND COMPLIANCE. Basel II, Sarbanes–Oxley and UCITS Directive. 9 CLIENT SERVICES. The approach to customer relationships and the ‘client culture’. Structure of client services within the operations team. Responsibility. Measuring performance. Escalation procedures. Client liaison programmes. Front-office client team. Industry issues. Analysing the competition. Developing the service. What are the potential problems in customer relationships? Managing risk within the customer relationship. Client visits. 10 OPERATIONS IN THE FUTURE. Appendices. A UCITS III: INTRODUCTION. B EXTRACTS FROM SARBANES–OXLEY ACT OF 2002. C THE G30 TWENTY RECOMMENDATIONS. D SOUND PRACTICES FOR THE MANAGEMENT AND SUPERVISION OF OPERATIONAL RISK (February 2003). Glossary. Useful websites and selected further reading. Index.
£40.49
John Wiley & Sons Inc Directory of Global Professional Accounting and
Book SynopsisPraise for Directory of Global Professional Accounting and Business Certifications In a globalized world, employers are confronted by a bewildering variety of professional qualifications, some valid, some less weighty and some spurious and fraudulent.Table of ContentsPreface. About the Author. Professional Bodies and Designations and Designatory Letters: Albania. Andorra. Angola. Argentina. Armenia. Australia. Austria. Azerbaijan. Bahamas. Bahrain. Bangladesh. Barbados. Belgium. Belize. Bermuda. Bolivia. Bosnia and Herzegovina. Botswana. Brazil. Brunei Darussalam. Bulgaria. Cameroon. Canada. Chile. China. Colombia. Democratic Republic Of Congo. Costa Rica. Cote D’ivoire. Croatia. Cuba. Cyprus. Czech Republic. Denmark. Dominican Republic. Ecuador. Egypt. El Salvador. Estonia. Ethiopia. Fiji. Finland. France. Georgia. Germany. Ghana. Gibraltar. Greece. Guatemala. Guyana. Haiti. Honduras. Hong Kong. Hungary. Iceland. India. Indonesia. Iran. Iraq. Ireland. Israel. Italy. Ivory Coast. Jamaica. Japan. Jordan. Kampuchea. Kazakhstan. Kenya. Korea (North). Korea (South). Kosovo. Kyrgystan. Kuwait. Laos. Latvia. Lebanon. Lesotho. Liberia. Libya. Lithuania. Luxembourg. Macedonia. Madagascar. Malawi. Malaysia. Malta. Mauritius. Mexico. Moldova. Mongolia. Montenegro. Morocco. Mozambique. Myanmar (Burma). Namibia. Nepal. The Netherlands. New Zealand. Nicaragua. Nigeria. Norway. Oman. Pakistan. Panama. Papua New Guinea. Paraguay. Peru. Philippines. Poland. Portugal. Puerto Rico. Romania. Russia. Samoa. Saudi Arabia. Serbia. Sierra Leone. Singapore. Slovakia. Slovenia. Solomon Islands. South Africa. Spain. Sri Lanka. Sudan. Swaziland. Sweden. Switzerland. Syria. Taiwan. Tanzania. Thailand. Trinidad and Tobago. Tunisia. Turkey. Uganda. Ukraine. United Arab Emirates. United Kingdom and Northern Ireland. United States. Uruguay. Uzbekistan. Venezuela. Vietnam. Zambia. Zimbabwe. Appendix: Umbrella Organizations. Index by Profession. Index by Designations. Index by Country and Administering Body.
£31.49
John Wiley & Sons Inc Thunderbird on Global Business Strategy
Book SynopsisTHUNDERBIRD on Global Business Strategy No matter what line of business you are in, produce or biotech, apparel or semiconductors-you can be sure that right now an ambitious management team in some distant part of the globe is devising a strategy to undermine your position and steal away your hard-won customer base.Trade Review"The material is relevant and is a readable volume for anyone with a serious interest in the theory of globalisation." ( Strategy, November 2000)Table of ContentsGLOBAL STRATEGY PERSPECTIVES. Responding to Global Crises Using the Change Cycle (J. Beck). Transformational Management (R. Grosse). Strategic Choice under Knowledge Competition (A. Murray). Managing Global Strategic Alliances (A. Inkpen). Comparative Corporate Governance and Global Corporate Strategy (A. Sundaram, et al.). MANAGING THE FUNCTIONAL AREAS AT THE GLOBAL LEVEL. Global Product Development (S. Ram). Global Supply Chain Management (W. Youngdahl). The Transnational Experience: Anticipating Legal Issues (S. Tancer). Global Financial Strategy for the Twenty-First Century (R. Aggarwal & R. Grosse). KEY CONCERNS OF THE GLOBAL MANAGER. The Key to Managing Information Globally: Flexible People (D. Revenaugh). Managing Intellectual Property Aboard: The Limits of Protection (R. Tancer). Global Strategy for Developing Cross-Cultural Competence (C. Grosse). This Is Not Your Father's International Business (J. Beck). Conclusions. About the Authors. Index.
£41.25
John Wiley & Sons Inc Global Smarts The Art of Communicating Deal
Book SynopsisIn today's climate of merger-mania, more than 70% of the conglomerates will fail within the first three years. The Los Angeles Times reports that these failures are mainly due to culture clash. This book will provide readers with the techniques that are essential to the success in business today.Table of ContentsThriving in the New Global Marketplace. Developing a World-Based Perspective. What Is Culture? An American Abroad: Key Cultural Contrast. The Social Setting of International Business. International Business Etiquette. Who Should Go to Assure Success? The Importance of Establishing Trust And Credibility. Principles of Successful Cross-Cultural Communication. Communicating across Language and Accent Barriers. Political Ping-Pong. How to Deal with Culture Shock. Understanding the Gender Gap in International Business. Negotiating across Cultural Lines. Avoiding Temptation-Ethics Overseas. In Conclusion. Notes. Index.
£33.75
John Wiley & Sons Inc Accelerating International Growth IMD Executive
Book SynopsisThe third title from Executive Development from IMD is devoted to Accelerating International Growth, one of todaya s most crucial business challenges.Table of ContentsForeword. Preface. Acknowledgements. Overview: International Growth is Everybody's Business (P.Rosenzweig). DEVELOPING STRATEGIC CAPABILITY. Grasping the Globe (P. Rosenzweig). Crafting an International Growth Strategy (P. Rosenzweig). MANAGING GLOBAL PARTNERSHIPS. Competing through Alliances and Joint Ventures (V. Pucik). Mergers and Acquisitions (V. Pucik). STAFFING THE GLOBAL COMPANY. Managing Expatriation (V. Pucik). Developing Local Talent (P. Rosenzweig). FOSTERING GLOBAL LEARNING. The Global Learning Imperative (X. Gilbert). Deploying the Domestic Business Model Internationally: TheInside-Out Approach (X. Gilbert). Stretching the Business Model Globally: The Outside-In Approach andthe Learning Intent (X. Gilbert). ADAPTING THE GLOBAL ORGANIZATION. Changing Perspectives on Global Strategy and Organization (T.Malnight). Managing Subsidiary Evolution (T. Malnight). PUTTING IT TOGETHER. Accelerating International Growth - And Succeeding (P. Rosenzweig). Contributors. Index.
£34.19
John Wiley & Sons Inc International Accounting and Multinational
Book SynopsisThis text presents international accounting within the context of managing multinational enterprises, focusing on business strategies and how accounting applies to these strategies. This unique approach gives students the opportunity to learn about international accounting from a perspective similar to what they will experience in the business world. The book explains the key factors that influence accounting standards and practices in different countires, and how those factors impact the convergence of standards worldwide. Particular emphasis is given to culture and its unique contribution to accounting standards and practices worldwide. The book focuses on the needs of users of financial and accounting information across borders with the aim of enhancing their understanding of how to use information and make more informed decisions in an increasingly complex and dynamic international business environment.Table of ContentsChapter 1 International Accounting and International Business 1 Introduction 1 The International Development of the Accounting Discipline 2 National Differences in Accounting Systems 5 The Evolution and Significance of International Business 6 Forms of International Involvement 9 Environmental Influences on Accounting 15 Major Development Factors 18 Accountability and Multinational Enterprises 24 Accounting Aspects of International Business 25 The Field of International Accounting 26 Summary 29 Case: Toyota’s Global Expansion Case: Ahold and the Challenges of Going Global These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 2 International Accounting Patterns, Culture and Development 34 Introduction 34 Purposes of International Classification 35 Classification of Accounting and Reporting Systems 35 Cultural Influences on Accounting Systems 41 Culture, Societal Values, and Accounting 42 International Pressures for Accounting Change 52 Summary 54 Case: General Motors and Japanese Convergence vs. Chinese Convergence Case: Inductive Methods and Deductive Methods Relating Reporting Standards to Cultural Values These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 3 Comparative International Financial Accounting I 60 Introduction 60 Anglo-American Accounting 62 Nordic Accounting 65 Germanic Accounting 67 Latin Accounting 70 Asian Accounting 72 Summary 74 Case: Reporting Standards vs. Tax Standards Case: EU Conversion These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 4 Comparative International Financial Accounting II 79 Introduction 79 Anglo-American Accounting 82 Latin Accounting 83 Asian Accounting 85 Eastern European Accounting 88 Summary 91 Case: Small GAAP vs. Large GAAP Case: Developing Countries These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 5 International Financial Statement Analysis 95 Introduction 95 International Accounting Differences and Financial Statement Analysis 96 Major Differences in Accounting Principles Around the World 99 The Impact of U.S.-U.K. Accounting Differences: A Quantitative Analysis 103 A Global Perspective on Earnings Measurement 106 A Comparative Global Analysis 108 International Accounting Differences and the Stock Market 109 Factors Influencing Measurement Differences 109 Global Accounting Convergence 110 Summary 110 Case: Alcatel and Lucent Case: Hanson and ICI These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 6 International Transparency and Disclosure 124 Introduction 124 The Meaning of Transparency 125 Disclosure in Corporate Reports 126 International Disclosure Regulation 135 Corporate Reporting Trends 139 Corporate Review Information 139 Operations Review 143 Financial Review 144 Frequency and Timeliness of Reporting 145 Growing Pressures for Transparency 145 Summary 145 Case: Infosys Technologies (India) Case: Stora Enso and the Versel Vision—A Model of Sustainability These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 7 International Accounting Standards and Global Convergence 151 Introduction 151 Governments 153 Trade Unions and Employees 167 Investors 169 Bankers and Lenders 171 Accountants and Auditors 171 The International Harmonization and Disclosure Debate 182 Summary 183 Case: European Adoption of IFRS Case: IAS 39 These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 8 International Business Combinations, Goodwill, and Intangibles 189 Introduction 190 Consolidated Financial Statements 190 Funds and Cash Flow Statements 197 Joint Venture Accounting 199 Goodwill and Intangibles 200 Goodwill 202 Brands, Trademarks, Patents, and Related Intangibles 209 Research and Development 213 Summary 216 Case: Multigroup (Switzerland) Case: Vodafone’s Operations These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 9 International Segment Reporting 223 Introduction 223 Users and Uses of Segment Information 224 The Benefits of Segment Reporting 225 The Costs of Segment Reporting 226 International Financial Reporting Standards 227 Regulations around the World 228 Segment Reporting Problems 231 The Dual-Yardstick Proposal 234 Summary 241 Case: BMW Case: Nestlé These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 10 Accounting for Foreign Currency 246 Introduction 246 Basics in Foreign Exchange 247 Foreign Currency Transactions 250 Translation of Foreign Currency Financial Statements 254 Translation Methodologies: An Overview 255 International Accounting Standards 257 Historical Development in the United States 257 Convergence 274 Summary 274 Case: Kamikaze Enterprises Case: Coca-Cola These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 11 International Accounting for Price Changes 284 Introduction 284 Impact of Inflation on the Corporation 285 Accounting Measurement Alternatives 286 International Financial Reporting Standards 289 Comparative National Regulation and Practice 291 Problems and Prospects 298 Summary 299 Case: BP Case: Fosters Brewing Group These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 12 Corporate Governance and Control of Global Operations 303 Introduction 303 Global Strategic Issues 304 Informal and Subtle Mechanisms 308 Organizational Structure 308 Corporate Governance 313 International Importance of Governance 316 Studies on International Corporate Governance Practices 317 Cross National Differences in Corporate Governance 322 Internal Controls 326 The Role of Information Technology in MNEs 328 Firm Strategy, Structure, and the Accounting Function 332 Summary 334 Case: P&G and Unilever—Restructuring for Growth Case: The Royal Dutch/Shell Scandal These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 13 Managing Foreign Exchange Exposure 342 Introduction 342 Foreign Exchange 343 Types of Hedging Exposure 353 Hedging Strategies 356 Accounting for Foreign Currency Derivatives 360 Use of Derivatives to Hedge a Net Investment 369 Disclosure of Derivative Financial Instruments 369 Summary 371 Case: Nokia’s Foreign Exchange Exposure Case: RadCo International These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 14 International Budgeting and Performance Evaluation 380 Introduction 380 The Strategic Control Process 381 Empirical Studies of Differences in Management Accounting and Control Practices Across Nations 382 Challenges of Control in the Global Firm 390 Intracorporate Transfer Pricing 397 Performance Evaluation Issues 403 Economic Value Added 405 The Balanced Scorecard 407 Summary 409 Case: Niessen Apparel Case: Global Telecom These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 15 International Auditing Issues 420 Introduction 420 The Accounting and Auditing Profession 421 Global Audit Services and the International Auditing Challenge 422 Audit Challenges: Local Business Practices and Customs 424 Audit Challenges: Currency, Language, and Law 425 Audit Challenges: Distance and Organization for Providing Audit Services 425 Audit Challenges: Audit Impediments from International Diversity,Availability, and Training of Auditors 427 Global Accounting Firms 430 Audit Standards 434 Summary 455 Case: Lucas International: Coordinating an International Audit Case: Xerox Corporation These cases can be found on the following website: www.wiley.com/college/radebaugh Chapter 16 International Taxation Issues 464 Introduction 464 Direct Taxes 465 Indirect Taxes 468 The Avoidance of Double Taxation of Foreign Source Income 469 U.S. Taxation of Foreign Source Income 471 Tax Effects of Foreign Exchange Gains and Losses 475 Tax Incentives 477 Tax Dimensions of Expatriates 478 Intracorporate Transfer Pricing 479 Tax Planning in the International Environment 482 Summary 483 Case: Transfer Pricing Case: Midwest Uniforms These cases can be found on the following website: www.wiley.com/college/radebaugh Name and Company Index 489 Subject Index 493
£212.80
John Wiley and Sons Ltd The Blackwell Handbook of CrossCultural
Book SynopsisThis is the first handbook to provide an overview of the major theoretical perspectives in cross-cultural management and to look at how they can be applied to real-world situations. Offers insights into the major cross-cultural issues and problems that managers face . Demonstrates how theoretical perspectives and research findings can be applied to actual situations and organisations. Contributors are leading researchers from a variety of nations and academic disciplines. Table of ContentsPreface. Editors' Introduction. Part I: Frameworks For Cross-Cultural Management:. 1. National Culture and Economic Growth: Richard H. Franke (Loyola College), Geert Hofstede (Tilburg University), and Michael H. Bond (Chinese University of Hong Kong). 2. Generic Individualism and Collectivism: Harry C. Triandis (University of Illinois). Part II: Strategy, Structure, and Inter-organizational Relationships:. 3. Cultures, Institutions, and Strategic Choices: Towards an Institutional Perspective on Business Strategy: Mike W. Peng (The Ohio State University). 4. Knowledge Acquisition through Alliances: Opportunities and Challenges: Paul Almeida (Georgetown University), Robert Grant (Georgetown University) and Anupama Phene (University of Utah). 5. Cooperative Strategies Between Firms: International Joint Ventures: Louis Hebert (The University of Western Ontario) and Paul W. Beamish (The University of Western Ontario). 6. The Importance of the Strategy-Structure Relationship in MNCs: William Egelhoff (Fordham University). Part III: Managing Human Resources Across Cultures:. 7. Human Resource Practices in Multinational Companies: Chris Brewster (Cranfield School of Management). 8. Goal Setting, Performance Appraisal, and Feedback Across Cultures: Pino G. Audia (London Business School) and Svenja Tams(London Business School). 9. Employee Development and Expatriate Assignments: Mark Mendenhall (University of Tennessee), Torsten M. Kuehlmann (University of Bayreuth), Guenter K. Stahl, and Joyce S. Oslund. Part IV: Motivation, Rewards, and Leadership Behavior:. 10. Culture, Motivation, and Work Behavior: Richard M. Steers (University of Orgeon) and Carlos J. Sánchez-Runde (IESE University of Navarre). 11. Cross-Cultural Leadership: Peter B. Smith (University of Sussex) and Mark F. Peterson (Florida Atlantic University). 12. Women Leaders in the Global Economy: Nancy J. Adler (McGill University). Part V: Interpersonal Processes:. 13. Structural Identity Theory and the Dynamics of Cross-Cultural Work Groups: P. Christopher Earley (Kelley School of Business) and Marty Laubach. 14. Cross-Cultural Communication: Richard Mead (University of London) and Colin J. Jones (University of Hull Business School). 15. Cross-Cultural Negotiation and Conflict Management: Michele J. Gelfand (University of Maryland) and Christopher McCusker (Yale School of Management). Part VI: Corporate Culture and Values:. 16. Justice, Culture, and Corporate Image: The Swoosh, the Sweatshops, and the Sway of Pulbic Opinion: Robert J. Bies (Georgetown University) and Jerald Greenberg (Ohio State University). 17. Trust in Cross-Cultural Relationships: Jean L. Johnson (Washington State University) and John B. Cullen (Washington State University). 18. Business Ethics Across Cultures: Diana C. Robertson (Emory University). Index.
£101.70
Wiley Cases Prjcts Intl Mngt
Book Synopsis* A Focuses on and develops the cross--cultural skills that are needed by the modern manager. * A The cases engage students by focussing on real--life issues that typically arise in international management situations.Table of ContentsIntroduction. Case 1. Introduction to Culture. Case 2. The Professor's Shoes. Case 3. The New Delhi Tea Company. Case 4. How Much Structure?. Case 5. The Pascale Automobile Company. Case 6. The European Union University Support Agency. Case 7. Asia South/Research. Case 8. Honesty and Ethics. Case 9. The Swiss-Thai Joint Venture. Case 10. Consulair. Case 11. An American Family Company. Case 12. Voxykoll. Case 13. The Korean Hotel. Case 14. The Australian Expatriate. Case 15. Job Rotation in Japan. Case 16. The Anglo-Zambian Research and Development Project. Case 17. Applying American Systems in Thailand. Case 18. Repatriation. Case 19. The Filipino who was Loyal to His Friend. Case 20. Afolayan Supplies. Case 21. When to Keep Quiet. Project 1. Comparing Cultures. Project 2. Designing a Management Study Skills Course. Project 3. Making Real Change. Project 4. Spending Money. Project 5. Transplanting a Management System. Project 6. The Ruritanian Electronics Negotiation. Project 7. Workplace Communication: Needs Analysis. Appendix: Hofstede's Model. Bibliography. Index.
£64.79
John Wiley and Sons Ltd International Management Cross Boundary
Book SynopsisInternational Management focuses on the most crucial challenge faced by managers of multinational companies today -- that of the generation and transfer of knowledge across national settings, organizations and networks.Trade Review"Gooderham and Nordhaug have succeeded in finding just the right spot in the triangle of strategy, cultural understanding, and organisation management. Their book is immediately usable comes with excellent cases, and focuses on the key issues of cross national organisational management. It is also one of those rare academic texts that is clear to read while offering superb insight and depth. I like their book and am happy to recommend it." Michael Segalla, Dept of Management and HRM, Groupe HEC "In times where the human side of corporations becomes more and more crucial, Gooderham and Nordhaug's book International Management offers important insights and inspiration to both multinational companies and students on how companies globalise their human knowledge and competencies and balance their global and local responsibilities." Majken Schultz, Professor, Copenhagen Business School "We are moving fast into a global world where the managerial challenge is to generate and transfer knowledge across boundaries. Gooderham and Nordhaug illuminate the different aspects of this challenge in terms of structure, competence development, and people - and not least the ehthical dilemmas for multinational leaders. Their book provides a holistic yet practical perspective, with well chosen cases that make this come alive for the reader." Paul Evans, INSEAD "This book is about modern management of multinational corporations. Developing key competences within networks requires new approaches, and this book provides that. It is particularly good to see rich, specific company cases that help the reader to focus on implementation of management practices. The book is equally important when it comes to developing new, fruitful concepts that can be applied in real business life. It is an excellent piece of work." Peter Lorange, IMD, Switzerland "Many speak of the linkage between human resources, competencies, organisational performance and the context multinational companies operate within. The text by Gooderham and Nordhaug provides an overview of this. Clearly written, with a convincing theoretical background and numerous real business cases and examples, it constitutes an ideal basis for students interested in the subject of multinationals and their roles in the contemporary global economic landscape." Wolfgang Mayrhofer, Wirtschaftsuniversitat Wien Table of ContentsIntroduction. 1. The Multinational Corporation:. Purpose. The Globalization of Business. Regional Boundaries. National Identity. The Focus. Entry Strategy Alternatives. Summary. Case 1 Vita Insurance: Creation of Cross-National Learning: Martin Gjelsvik(Rogaland Research Institute, Norway) and Odd Nordhaug. 2. Structures and Learning Networks:. Purpose. Traditional Motivation. Basic Structures. Emerging Motivations. The Transnational. Validation. The Evolution of the MNC. Global Learning and Knowledge Networks. Competence Generation in Foreign Subsidiaries. The Network of MNC. Centres of Excellence in Service MNCs. Summary. Case 2 ABB: Beyond the Global Matrix: Winifried Ruigrok (University of St Gallen, Switzerland), Leona Achtenhagen (Jönköping International Business School, Sweden), Mathias Wagner (Fresenius Kabi AG, Germany), and Johannes Rüegg-Stürm (University of St.Gallen, Switzerland). 3. Cross-National HRM:. Purpose. Brief Background. Cross-National HRM. An Environmental Model. Micro-Influences. Macro-Influences. Practical Lessons. Summary. Case 3 Lafarge in China: Cross-National HRM: Keith Goodall (University of Cambridge and China Europe International Business School, China) and Malcolm Warner (University of Cambridge). 4. MNCs and Cultural Diversity:. Purpose. Why Consider Culture. The Concept of Culture. Classifying National Cultures. Hofstede’s Four Dimensions. Hofstede and US Management Theories. Criticism of Hofstede. Trompenaaar’s Cultural Dimensions. Lessons for MNCs. Hofstede and Trompenaars Compared. The Eurobusiness Student Survey. Summary. Case 4 Russian Voices from a Danish Company: Snejina Michailova (Copenhagen Business School) and Alla Anisimova (Copenhagen Business School). 5. Transfer of US HRM to Europe:. Purpose. The US Approach to HRM. The Genesis of HRM. The Essence of US HRM. Organizational Autonomy. The Link between HRM and Business Strategy. A Dual Level Framework. Four Contexts for HRM in Europe. HRM in Europe. When in Rome, Do They Do as the Romans?. Summary. Case 5 SR-Bank: Cultural Translation of a US Concept: Martin Gjelsvik and Odd Nordhaug. 6. Competence Creation in MNCs:. Purpose. Background. Human Resources or Competencies?. Intellectual and Human Capital. Classification of Competencies. Competence Creation. Summary. Case 6 Knowledge Management in Accenture: Siri Ann Terjesen (London Business School). 7. Knowledge Transfer from HQ to Subsidiaries:. Purpose. Background. Explicit and Tacit Knowledge. Out-Transfer Capacity. In-Transfer Capacity. Beyond Formal Vertical Mechanisms. Cultural Distance. The Model. Summary. Case 7 Kodak in China: Transferring “Know-How” to the Xiamen Plant: Keith Goodall and Malcolm Warner. 8. Expatriation and Repatriation:. Purpose. The Functions of Expatriation. Position Filling. Organization Development. Management Development. Different Attitudes to International Operations. The Polycentric Approach. The Geocentric Approach. Approach to International Staffing. Barriers to Expatriation. Differences in the Deployment of Expatriates. Selection of Expatriates. Training and Development. Repatriation. The Cost of Expatriation. Recent Trends. Summary. Case 8 LVMH: Career Development through International Mobility: Jean-Luc Cerdin (ESSEC, France). 9. Ethics and Social Responsibility in MNCs:. Purpose. The MNC as a Global Citizen. Stages in Corporate Ethical Development. Ethnicity and Racial Discrimination. Corruption. Child Labour. Gender Discrimination. Codes of Conduct and Ethics. Monitoring of Ethical Practice. Whistle-Blowing and Loyalty. Ethical Absolutism or Relativism?. Profit Seeking and Social Responsibility. Summary. Case 9 Norsk Hydro’s Utkal Venture in Orissa, India: Siri Ann Terjesen. 10. Future Challenges:. Purpose. Paradigm Shift?. The Flexicratic MNC. Structural Challenges. The New Generation. Legitimacy and Ethics as Sources of Meaning. Readings. When Companies Become Networks: John Storey (Open University Business School, UK). How Long Division Can Add up to Bigger Numbers: Julian Birkinshaw (London Business School). Nokia: An Extended Company with Local and Global Operations:. Jyrki Ali-Yrkkö (Research Institute of the Finnish Economy ETLA), Laura Paija ( ETLA), Petri Rouvinen ( ETLA), and Pekka Ylä-Anttila ( ETLA). LEGO: From a Multi-Local Toy Manufacturer to a Global Brand Company:. Søren Brandi (LEGO Company) and Robbert Nickolaj Stecher (LEGO Company). Algebra Lessons for Older Workers: Karen Cates (Northwestern University), and Kimia D. Rahimi ( Northwestern University). Elite Graduate Expectations: Paul Gooderham and Odd Nordhaug. The Financial Case for Behaving Responsibly: Tim Dickson ( European Business Forum). References. Index.
£31.34
Pluto Press The Poverty of Capitalism
Book SynopsisLooks at the failure of conventional economic theories based on capitalist growth, and explores alternative models being developed around the world.Trade Review'An important read not only for the young social activist or those interested in capitalism, but for anyone who has a general interest in politics looking to understand the true costs of global capitalism' -- Sarah Morley, LSE Review of Books'Chronicling the state of development in the wake of the global economic crisis, The Poverty of Capitalism stands as a powerful rejoinder' -- Dinah Rajak, Senior Lecturer in Anthropology and Development, University of Sussex'Comprehensive in its coverage of changes in the global economy, insightful in assessing the key dynamics and agents in current struggles, this book goes beyond traditional investigations of similar themes' -- Andreas Bieler, Professor of Political Economy, University of Nottingham'In this powerful, timely book, John Hilary contends that capitalism is not only in crisis - it is the crisis!' -- Aziz Choudry, Assistant Professor, Integrated Studies in Education, McGill University'I’ve been waiting for this book all century - a subtle, thorough analysis of global capitalism' -- Raj Patel, author of 'Stuffed and Starved'Table of ContentsAcknowledgements Abbreviations 1. Introduction 2. Crisis, Continuity and Change 3. Corporate Power in Practice 4. The Corporate Social Responsibility Delusion 5. Extractives: Dispossession Through Devastation 6. Garments: Capitalism’s False Promise 7. Food: the Final Frontier 8. Beyond Capitalism Bibliography Index
£22.49
Emerald Publishing Limited Advances in International Comparative Management
Book SynopsisIntroduces the AICM Distinguished Scholar Award and Research Forum which recognizes individuals who have made outstanding scholarly contributions to the cross-national or cross-cultural study of organizations and management. This work includes articles that cover a range of management topics with an international focus.Table of ContentsList of contributors. Reviewer acknowledgment. Notice to authors. Preface (J.L.C. Cheng, R.B. Peterson). Research Forum. Introduction and interview with Harry C. Triandis, recipient of the 1998 AICM Distinguished Scholar Award (J.L.C. Cheng, R.B. Peterson). Vertical and horizontal individualism and collectivism: theory and research implications for international comparative management (H.C. Triandis). Commentary: the theory of vertical and horizontal individualism and collectivism: implications for international human resource management (W.F. Cascio). In cultural context: applying Triandis's Typology to Organizational Face Theory (P.C. Earley). Commentary: implications of vertical and horizontal individualism and collectivism for leadership effectiveness (P.W. Dorfman). Commentary: the cross-cultural design and management of high reliability organizations and systems of organizations: conceptual help from the Triandis Review (K.H. Roberts). Postscript (H.C. Triandis). Articles. Organizational risk-taking behavior in differing institutional environments: a comparison of managers in the United States and the Czech Republic (A.C. Stewart, M.V. Makhija). Research on corporate governance: a comparison of Germany, Japan, and the United States (R. Buhner et al.). The impact of national culture on human resource management practices: the case of performance appraisal (J. Milliman et al.). A comparative study of Chinese and US distributive justice values, goals, and allocative behaviors (D.J. Miller et al.). A partial test of a model of strategic international human resource management (S. Taylor et al.). The expatriate experience: a critical review and synthesis (D.C. Thoma). Erratum.
£93.99
Emerald Publishing Limited Multinationals Environment and Global Competition
Book SynopsisAims to present research concerning the strategic importance of environmental concerns within the multinational firm, and to explore the implications of corporate environmental strategy on public policy. This book is useful to students and decision-makers interested in the changing role of multinational enterprises in the global economy.Table of ContentsMultinationals, environment and global competition: a conceptual framework; Degree of internationalization and environmental performance: evidence from US multinationals; Environmental strategy choice and financial profitability: differences between multinationals and domestic firms in Belgium; Environmental aspects of Danish foreign direct investment in developing countries: the role of home country factors in shaping the global environmental practices of Danish multinationals; Internationalization and environmental reporting: the green face of the world's leading multinationals; Environmental self-regulation in the global economy: the role of firm capabilities; Multinationals, NGOs and regulation: Greenpeace and the global phase out of chlorine bleaching; Multinationals and global climate change: issues for the automotive and oil industries; Multinationals, the environment and the WTO: issues in the environmental goods and services sector and in climate change mitigation.
£97.99
Emerald Publishing Limited Theories of the Multinational Enterprise
Book SynopsisDivided into three parts, this volume involves a series of papers focused on theoretical perspectives of the multinational enterprise. It aims to highlight theoretical foci in this field and to serve as a catalyst to the research, designed to help us understand and build a theory of the multinational firm.Table of ContentsPart I: Theory Of The Metanational Toward A Managerial Theory Of The Mnc Making Sense Of The Metanational: Does The Firm Really Know What It Knows? Yves Doz And International Management Strategic Management And The Role Of The Mnc In A Post-Industrial World Market Part II: Evolving Theories Of The Mne National Context And The Metanational Perspective In International Strategy The Theory Of The Multinational Firm Robert Grosse Part III: Diverse Theoretical Perspectives On The Mne The Metanational Firm In Context: Competition In Knowledge-Driven Industries A Framework For Understanding International Diversification By Business Groups From Emerging Economies The Internationalization Of New Ventures: A Risk Management Model Distance Matters: Liability Of Foreignness, Institutional Distance And Ownership Strategy Exploring The Limitations Of The Knowledge Projection Model In Mncs: The Impact Of Expatriate Managers On Subsidiary Survival
£93.99
John Wiley & Sons Inc The Global Market Developing a Strategy to
Book SynopsisDiscusses the twin forces of ideological and technological change that make globalization the most important issue facing executives. This book shows how many companies who have developed a global strategy, face the challenge of balancing a multinational presence with demands of the 'unglobal consumer' who does not have a 'one size fits all' need.Table of ContentsIntroduction. Part One: Developing the Global Mind-Set. 1. Theodore Levitt’s “The Globalization of Markets”: An Evaluation After Two Decades (Richard S. Tedlow, Rawi Abdelal). 2. “The Globalization of Markets”: A Retrospective with Theodore Levitt (Stephen A. Greyser). 3. “The Globalization of Markets” Revisited: Japan After Twenty Years (Hirotaka Takeuchi). Part Two: Managing the Global Business. 4. Rooting Marketing Strategy in Human Universals (Luc Wathieu, Yu Liu, Gerald Zaltman). 5. Organizing Multinational Companies for Collaborative Advantage (Morten T. Hansen, Nitin Nohria). Part Three: Managing Global Products. 6. Global Standardization versus Localization: A Case Study and a Model (Pankaj Ghemawat). 7. It’s a Small World After All . . . or Is It? The State of Globalization in the Worldwide Automotive Industry (Nick Scheele). Part Four: Managing Global Brands. 8. Strategies for Managing Brand and Product in International Markets (Hans-Willi Schroiff, David J. Arnold). 9. Managing the Global Brand: A Typology of Consumer Perceptions (Douglas B. Holt, John A. Quelch, Earl L. Taylor). Part Five: Managing Global Services. 10. The Globalization of Marketing Services (Martin Sorrell). 11. Cost Economies in the Global Advertising and Marketing Services Business (Alvin J. Silk, Ernst R. Berndt). Part Six: Managing Global Supply and Distribution. 12. Managing Global Supply Chains (Ananth Raman, Noel Watson). 13. Globalization of Retailing (David E. Bell, Rajiv Lal, Walter Salmon). Part Seven: Setting the Global Agenda. 14. The Empire Strikes Flak: Powerful Companies and Political Backlash (Daniel Litvin). 15. Globalization and the Poor (V. Kasturi Rangan, Arthur McCaffrey). Notes and References. The Authors. Index.
£42.75
Stanford University Press Banking on Multinationals
Book SynopsisBanking on Multinationals is a study of Japan's world lead in publicly financing the expansion of multinational corporations in order to help sunset industries cope with loss of international competitiveness through offshore manufacturing.Trade Review"Solis has made an important contribution to our understanding of the global expansion of Japanese MNCs, and the role of the Japanese state in facilitating this process. I highly recommend this book to scholars and graduate students studying the political economy of Japan." -- Japanese Journal of Political Science"Overall, this book is an original and distinctive interpretation of Japan's FDI, and makes an important contribution to the literature eon FDI and Japan's industrial policy." -- Pacific Affairs"Solis effectively uses a study of Japanese policy on export financing to investigate the interaction among bureaucratic policy goals, political realities, and corporate strategic objectives... She has given us a look inside the interaction of policymaking, political process, and industry competition that should be read by anyone interested in the adjustment process in the Japanese political and economic system." -- Journal of Japanese Studies"Banking on Multiracials is a well documented analysis of the Japanese government's support for some Japanese industries' investments. The author demonstrates beyond quibble tht the government used public funds for the purposes of gaining access to resources such as cotton and aluminum and of aiding industries in decline." -- Journal of Asian Business
£59.40
Edward Elgar Publishing Ltd Global Business
Book SynopsisTrade Review‘Mark Casson remains the leading intellectual in international business research. Written in plain language, compellingly argued and charting a new path to think about international business, Casson’s book on Global Business is not for aficionados of mundane echo chambers, but for those who want to change the status quo.’ -- Alain Verbeke, University of Calgary, Canada‘From a multi-level perspective, with time thrown in, Professor Casson provides much needed light and shade on the genesis of theory within international business (IB) and the academic field’s unwelcome narrowing. His expositions and excursions are an invitation to the reader to think, and to be part of the solution.’ -- Jeremy Clegg, Leeds University Business School, UK‘Mark Casson put an intellectual stamp on the theory of global business fifty years ago when introducing internalization theory. In this book, Casson continues his relentless and ambitious effort to develop a social science of international business by integrating history, location choice, and theories of decision making and complexity.’ -- Sjoerd Beugelsdijk, University of South Carolina, US‘Mark Casson is a thought leader in the true sense of the term. Where others rely on buzzwords, his work is based on analysis and logic. Where others follow fads and fashion, he focuses on issues and problems that are so fundamental that they remain important for scholars and practitioners long after his work has been published.Therefore, I read this new work by Professor Casson with great interest. He brings a welcome integration of international politics and international relations with international business, a synthesis that was long overdue. He intertwines international business analysis with international strategy and breaks down siloed thinking in the process. And he steps back to take a much longer term view of international business by using the lens and methodology of business history. While I do not agree with everything in this book, Professor Casson’s logic is, as always, impeccable. If one accepts his assumptions, his conclusions cannot be denied.’ -- Ram Mudambi, Temple University, USTable of ContentsContents: Introduction PART I POLICY ISSUES FOR THE FUTURE 1. International business in an age of political turbulence 2. Crises in international business: a new perspective 3. International rivalry and global business leadership: an historical perspective 4. Multinational enterprises and international cartels: the strategic implications of de-globalisation With Peter J. Buckley PART II THE PRESENT AGENDA: INNOVATIONS IN RESEARCH METHODS 5. The internalisation theory of the multinational enterprise: past, present and future With Peter J. Buckley 6. The theory of international business: the role of economic models 7. Complexity in international business: the implications for theory With Yutong Li. Appendix: case study of the measurement of structural complexity in a simple IB model 8. The geometry of international business PART III PRESENT CHALLENGES: INTEGRATING STRATEGY AND MANAGEMENT 9. Decision making in international business With Peter J. Buckley 10. Extending internalisation theory: integrating international business strategy with international management 11. Organizational innovation in the multinational enterprise: internalization theory and business history With Geoffrey Jones and Teresa Lopes 12. The making of global business in long-run perspective 13. The role of time in international business: an historical perspective With Teresa da Silva Lopes Index
£104.50
Palgrave MacMillan UK Multinational Corporations from Emerging Markets
Book SynopsisThe rise of multinational corporations (MNCs) from emerging markets has been a major development during the last decade. An important feature of emerging market MNCs is their close relationship with home states. The book investigates this special kind of relationship and explores how it affects the cross-border activities of these corporations.Table of ContentsPART I: GENERAL PERSPECTIVES 1. (Multi?)national Corporations and the State in Established Economies; John Mikler 2. Multinationals as an Instrument of Catch-up Industrialization: Understanding the Strategic Links between State and Industry in Emerging Markets; Terutomo PART II: COUNTRY STUDIES 3. South Korean Multinationals after the Asian Financial Crisis: Towards Liberal Capitalism?; Seung-il Jeong 4. Private Chinese Multinationals and the Long Shadow of the State; Andreas Nölke 5. Russia's Multinationals: Network State Capitalism Goes Global; Jonas Grätz 6. Sector Creation and Evolution: The Role of the State in Shaping the Rise of the Indian Pharmaceutical Sectoral Business System; Heather Taylor 7. Financing the Expansion of Brazilian Multinationals into Europe: The Role of the Brazilian Development Bank (BNDES); Gilmar Masiero, Mario H. Ogasavaro, Luiz Caseiro and Silas Ferreira PART III: INTERNATIONAL INSTITUTIONS 8. How Policies shape Foreign Direct Investment: Examining Foreign Direct Investment from Latin America to the European Union; Judith Clifton, Daniel Diaz-Fuentes and Julio Revuelta 9. The Action-Reaction in the Global Trade: Comparing the Cases of Brazilian Chicken and Thai Tuna Industries; Suthikorn Kingkaew Conclusion: State Support for Emerging Market Multinationals; Andreas Nölke
£72.50
Pearson Education Limited Global Marketing
Book SynopsisSvend Hollensen is an Associate Professor of International Marketing at the University of Southern Denmark and has worked as a marketing consultant for several international companies and organisations. As well as this book, he is the author of other Pearson texts, including Marketing Management and Essentials of Global Marketing.Table of ContentsTable of Contents Preface Acknowledgements Publisher's acknowledgements Abbreviations About the author Part I: The decision whether to internationalize Global marketing in the firm Initiation of internationalization Internationalization theories Development of the firm's international competitiveness Part I Case studies Part II: Deciding which markets to enter Global marketing research The political and economic environment The sociocultural environment The international market selection process Part II Case studies Part III: Market entry strategies Some approaches to the choice of entry mode Export modes Intermediate modes Hierarchical modes International sourcing decisions and the role of the subsupplier Part III Case studies Part IV: Designing the global marketing programme Product decisions Pricing decisions and terms of doing business Distribution decisions Communication decisions (promotion strategies) Part IV Case studies Part V: Implementing and coordinating the global marketing programme Cross-cultural sales negotiations Organization and control of the global marketing programme Part V Case studies Index
£62.69
John Wiley and Sons Ltd The Multinational Corporation in China
Book SynopsisThe Multinational Corporation in China: Controlling Interests addresses the question of how multinational corporations control and coordinate their worldwide affiliates, with a fascinating inside story on contemporary China. Focuses on dynamic management control processes by four large US multinational corporations of their China operations. Based on the author's own research, including personal interviews with senior managers, and discussions with consultants, lawyers, and government officials. Reviews internal as well as publicly available company documents, and books, newspapers and periodicals dealing with relevant industries and with China. Enables readers to understand how multinational corporations are managed. Facilitates the development of a coherent theory of management control. Trade Review"A thorough, in-depth analysis of the multinational experience in China; strikes the right balance between theory and practice." Oded Shenkar, The Ohio State University "I have found Stephen Todd Rudman's Controlling Interests to be a fascinating study of the problems and possibilities of achieving effective coordination and control of multinational corporate subsidiaries located in China. Given the rapidly expanding importance of China based enterprise to our global political economy, this book based on in-depth case studies of the interactions between MNCs and their Chinese affiliates provides critical insights for managers and scholars alike which will enable them better to understand the complexities of operating in the twenty-first century 'Middle Kingdom'." Edwin M. Epstein, University of California, Berkeley “Professor Rudman has written the definitive guide to understanding the Chinese business environment and its complex management practices. Well written, thoroughly researched and supported by actual cases, this is an essential resource for any executive doing business in China and with China.” Michael A. Mische, University of Southern California Table of ContentsAcknowledgments. INTRODUCTION. Part I: Theory and Context. 1 Control and Coordination within Multinational Corporations: The undeveloped state of theory. 2 Multinational Corporations in China: The institutional context. Part II: The Cases. 3 “According to Plan”: Control and coordination through the discipline of planning in an American multinational corporation in China. 4 “Control and Coordination through Goals”: The role of a paramount corporate goal in managing an American multinational corporation in China. 5 “Global Replication”: Coordination through the discipline of replication of organizational processes in an American multinational corporation in China. 6 “The Genetics of an Operating System”: Control and coordination through the transmission of shared management processes in an American multinational corporation in China. Part III: Comparison and Analysis across the Cases. 7 Cross-Case Comparison Summary. 8 Setting Goals, Selecting Strategies, and Adopting Organizational Forms. 9 Controlling and Coordinating People: Human resources management policies and practices. 10 Control and Coordination of Money and Factories: Finance and manufacturing. 11 Control and Coordination of Responses to China’s Institutional Environments. Conclusion: Informing the Theory and Practice of Control and Coordination in the Multinational Corporation. Notes. References. Index.
£34.19
John Wiley and Sons Ltd The Multinational Firm
Book SynopsisThis volume addresses commonly held beliefs and misconceptions about the nature and role of multi-national enterprises. It presents a range of perspectives by leading academics, focusing on core themes and illustrating these themes with current business practices. Examines the evolution of multinational firms, their new forms and organization, and their global impact Reviews multinational enterprises as they relate to globalization, cross-border management, international business, business and society, resources and capabilities management, strategic management, and corporate responsibility Draws comparisons between analyses of the performance-based outcomes of an economics tradition, and the more process and relationship-oriented results of an organization behaviour approach Table of ContentsNotes on Contributors. Preface. 1. Images of the Multinational Firm (Simon Collinson and Glenn Morgan). 2. The Regional Dimension of Multinationals and the End of ‘Varieties. of Capitalism’ (Alan Rugman and Alain Verbeke). 3. The Innovative Multinational Firm: The Dispersion of Creativity,. and its Implications for the Firm and for World Development (John Cantwell and Yanli Zhang). 4. The Multinational Firm as the Major Global Promoter of Economic. Development (Simon Collinson). 5. The Multinational Firm as a Creator, Fashioner and Respondent to. Institutional Change (John H. Dunning and Sarianna M. Lundan). 6. The Multinational Firm as an Evolutionary System (D. EleanorWestney). 7. The Multinational Firm as a Distinct Organizational Form (Richard Whitley). 8. Multinational Firms as Societies (Glenn Morgan and Peer Hull Kristensen). 9. The Multinational Firm as a Contested Terrain (Paul Edwards and Jacques B’elanger). 10. The Multinational Firm as a Locus of Learning along Networks (Ray Loveridge). 11. The Multinational Firm as an Instrument of Exploitation and Domination (Raza Mir and Diana Rosemary Sharpe). Index.
£33.29
John Murray Press Unlocking the Emperors Door
Book SynopsisThe compelling story of one man, one company and one country. If you are interacting with Chinese businesses, doing business in China, hoping to understand more about this incredible country, or simply wanting to see what can be achieved through passion, commitment, and integrity, this is the book for you. Unlocking the Emperor''s Door documents the life of a man who has been at the heart of Chinese innovation for decades, whose story shows how small things matter, how big risks pay off, and how business and government intertwine in China.Demonstrating the impact of vision and persistence, you will meet Li Jinyuan, the founder and Chairman of Tiens Group - known locally as Tianshi - and uncover his story of success. You will gain profound insights into the people of China, including its younger generation - and better understand the nation which is driving the World economy.Set against the stunning backdrop of modern China, this rags to riches tale
£15.29
Nova Science Publishers Inc Expatriates: Perspectives and Challenges of the
Book SynopsisInpatriates have become an important means of knowledge transfer within multinational companies. As such, the authors of Expatriates: Perspectives and Challenges of the 21st Century attempt to extract information regarding the knowledge transfer processes and inpatriates'' behavioral patterns. To provide a rich understanding of these processes from the inpatriates'' perspective, critical incidents reported by 22 inpatriates are content-analyzed. The expansion of expatriates has been associated with multinational corporations'' offshore production strategies. As livable built environments can attract and retain these expatriate workers in the host city, this compilation investigates how foreign direct investment flows are associated with human capital flows in a case study of Koreans in Suzhou, China. The concluding chapter discusses how, despite corporate globalization and the evolution of technology over the last 2 decades, we have observed a continuous increase in the number of employees deployed on international assignment. In fact, according to Finaccord, expatriate growth has been at a compound annual rate of 5.8% since 2013 and by 2021 the number forecast is 87.5 million. Since scholastic study abroad programs are now included in the curriculum of most post-secondary schools it is no surprise that 8.5% of expatriates are in this sector.
£113.59
John Wiley & Sons Inc Global Management
Book SynopsisGlobal Management is the new international management text for undergraduates, covering both strategy and the human resource function in a global context. Written by an authoritative author team, it features: Coverage, in three main sections, of the Global Picture, the Firm Picture and the People Picture A comprehensive list of references Classroom-tested experiential exercises that relate to different countries, different sized organizations, and different people for flexible learning Discussion questions at the end of each chapter Long and short cases Table of ContentsPart I: The Global Picture: Understanding the International Management Environment. Part II: The Firm Picture: International Strategic Management and Operations. Part III: The People Picture: Executing International Decisions through Staffing and Directing.
£65.24
John Wiley & Sons Inc International Business and Society
Book SynopsisThe book takes knowledge and understanding developed within uni-societal studies of business and society and extends the frame of reference to the international arena.Table of ContentsList of Figures viii List of Exhibits x List of Tables xi Preface xii Copyright Acknowledgements xiv 1 Business and Society: Global Issues and Global Environments 1 2 SEPTE and the Global ISMs 19 3 Managing International Business—Government Relations 42 4 Corporate Social Responsibility and Responsiveness 67 5 Managing International Stakeholder Relations 93 6 Micro-Level Issues: Ethics and Values 116 7 Managing Business Ethics in Diverse Societal Environments 147 8 Tying It Together: International Issues Management and Public Affairs 172 9 Managing Global Corporate Social Performance 200 10 Business and Societies: the Future 223 Index 242
£21.59
Berrett-Koehler When Corporations Rule the World
Book SynopsisWe humans live by stories, says David Korten, and the stories that now govern our society set us on a path to certain self-destruction. In this profound new book, Korten shares the results of his search for a story that reflects the fullness of human knowledge and understanding and provides a guide to action adequate to the needs of our time.Korten calls our current story Sacred Money and Markets. Money, it tells us, is the measure of all worth and the source of all happiness. Earth is simply a source of raw materials. Inequality and environmental destruction are unfortunate but unavoidable. Although many recognize that this story promotes bad ethics, bad science, and bad economics, it will remain our guiding story until replaced by one that aligns with our deepest understanding of the universe and our relationship to it.To guide our path to a viable human future, Korten offers a Sacred Life and Living Earth story grounded in a cosmology that affirms we are living beings born of a living Earth itself born of a living universe. Our health and well-being depend on an economy that works in partnership with the processes by which Earthâs community of life maintains the conditions of its own existence - and ours. Offering a hopeful vision, Korten lays out the transformative impact adopting this story will have on every aspect of human life and society.
£18.90
Emerald Publishing Limited Business, Society and Politics: Multinationals in
Book SynopsisThis volume looks at interaction between business firms and socio-political actors in emerging markets - and how this relationship can be managed - and deals with the interconnection between the socio-political organizations in emerging markets and MNCs. Inferring to different business perspectives, the volume includes papers studying firms' strategic actions towards socio-political organizations, i.e. the interplay with socio-political actors and how this affects firms' competitive advantage in a particular market. The book discusses this in relation to a number of critical strategic areas such as brand building, market orientation and CSR. It also offers a number of practical illustrations from empirical studies from different markets. In this volume different authors contribute chapters focusing on diverse empirical and theoretical aspects covering the impact of socio-political environments on the success of international firms.Table of ContentsList of Contributors. About the Editors. About the Authors. Foreword. Preface. Introduction. The Three Pillars: Business, State and Society: MNCs in Emerging Markets. Creating Socially Responsible Value Chains: Role of Companies, Governments and NGOs. Activating Stakeholders: An Approach by MNCs in Emerging Markets. Political Strategies as a Response to Public and Private Stakeholder Pressures. Market Communication as Socio-Political Activity in Emerging Markets. Between Neighbours’ Heat and Colonial Ties’ Comfort: Does Distance Really Matter?. Managing Political Actors Through Network Partners: Market-Driving Multinationals in Emerging Markets. The Importance of Nurturing Political Connections for Emerging Multinationals: Evidence from Brazil. Internationalization of Swedish Banks in Russia and the Impact of Political Environment. National Governments and Power Relationships in Multinational Companies: The Case of the EADS Group. Business and Political Interactions in Emerging Markets: Experiences from China, South Africa and Turkey. The Role of Corporate Social Responsibility in Foreign Market Entry Process — The Case of Korean MNCs in the Chinese Electronics Industry. Co-operating to Tackle Environmental Issues in Emerging Markets: The Case of a Partnership Between a Finnish NGO and a Russian Water Utility. Innovation Through Business and NGO Co-operation: The Case of Digital Inclusion in the Amazon. Tracking the Aftermath of a Corporate Scandal from a Network Perspective: The Case of Roche in Turkey. Intersection of Roles Between States and Multinationals in Emerging Markets. Business, Society and Politics. International Business and Management. International Business and Management. Copyright page.
£120.99
Emerald Publishing Limited New Policy Challenges For European Multinationals
Book SynopsisThis volume takes stock of the latest international business research on the relationship between European multinational enterprises (MNEs) and their policy environment. The volume brings together a variety of scholarly contributions from an European perspective. European MNEs were amongst the earliest to internationalize and many now command globally dispersed operations. European MNEs pioneered the multi-centric organizational form, which can be interpreted in part as an effort to address the policy challenges facing these firms in environments fraught with natural and government-imposed market imperfections. The volume covers four dimensions of MNE corporate strategy in the face of complex policy environments: corporate strategic responses to national policy institutions; pro-active institution-oriented strategies; dynamics of international business-government relations; and, corporate strategies in turbulent times.Table of ContentsList of Contributors. About the Editors. New Policy Challenges for European Multinationals: A Resource Bundling Perspective. Political Strategies of Foreign Firms in the Dutch Chemical Industry. Firms’ Capabilities, Public Support and Foreign Direct Investment. Taxes and Foreign Direct Investment Attraction: A Literature Review. The Impact of Transaction Costs on Interest Margins in the Romanian Banking Sector. Institutions and International Business Research: Three Institutional Approaches and Recommendations for Future Research. The Role of Cross-Sector Partnership Portfolios in the Inclusive Business Strategies of Multinational Enterprises. Human Rights Due Diligence in Global Value Chains. The Illusion of Political Power: Evidence from a Failed FDI in a Developing Market. The Direct Impact of the Normative and Cognitive Distances and the Moderating Effect of Regulations on the Internationalization of SMEs. The Unequal Influence of Structure and Strategy on European Manufacturing Firm Performance. Does Economic Convergence with the European Union Mean More FDI Flows to an Economy? Analysis of Five Central and Eastern European Countries. International Marketing–Related Outward FDI Motives: Turkish MNCs’ Experience in the EU. Corruption and its Effect on Foreign Direct Investment in the Energy Sector of Emerging and Developing Economies. Export Propensity During the Period of Economic Recession: The Impact of Home-Country Factors and Firm-Level Characteristics. Strategic Responses to the Global Financial and Economic Crisis in Central and Eastern Europe – The Foreign Multinational Company Perspective. Managing Relationship Development and Crises in Emerging Markets: A Swedish Firm's Relationship Behaviour in Argentina. The Dark Side of Globalization for Mature European Multinationals: An Extended Network Perspective. New Policy Challenges for European Multinationals. Progress in international business research. Progress in international business research. Copyright page.
£127.99
Edward Elgar Publishing Ltd Handbook of Emerging Market Multinational
Book SynopsisThe Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets.This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value.Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernández-Méndez , L. Gao, E. García-Canal, M. F. Guillén, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. YaprakTable of ContentsContents: Introduction: The Rise of Internationalizing Firms from Emerging Markets Attila Yaprak and Mehmet Demirbag PART 1A THEORY PERSPECTIVES 1. The Many Faces of the Ever-changing Multinational Enterprise Yair Aharoni 2. Punching Above Their Weight: The Sources of Competitive Advantage for Emerging Market Multinationals Farok J. Contractor 3. Explaining the Internationalization of Emerging Economy Multinationals: The Relative Resource Specialization of the Firm and Environment Mechanisms Alvaro Cuervo-Cazura, Klaus Meyer and Ravi Ramamurti PART 1B CONCEPTUAL AND EMPIRICAL CONTRIBUTIONS ON EMERGING MARKET MULTINATIONALS 4. Breakout Multinationals: Emerging Market Multinationals in Global Value Chains Pavida Pananond 5. How Institutional Distance Matters to Cross Border Mergers and Acquisitions by Multinational Enterprises from Emerging Economies in OECD Countries Yingqi Wei and Yaoan Wu 6. Globalization of Indian Multinationals: What Lies Ahead? Jagdish N. Sheth and Rahul Singh 7. Indian Multinationals: Location Choices of Overseas Mergers and Acquisitions Smitha R. Nair and Mehmet Demirbag PART II CASE STUDIES ON EMERGING MARKET MULTINATIONALS 8. Relative Risk In Emerging Markets For Emerging Multinationals: The Case of Orascom Telecom Mauro F. Guillén, Esteban García-Canal and Laura Fernández-Méndez 9. Dynamic Capabilities, Managerial Mindsets and the Outcomes of Internationalization: The Case of Chinese State-Owned Enterprises Lan Gao, Xiaohui Liu and Eleni Lioliou 10. South African Multinationals in Africa: Growth and Controversy Geoffrey Wood 11. Acquisitions as Engines of Foreign Expansion of Russian Multinationals Kalman Kalotay 12. Conclusions and Future Research Directions: Lessons Learned from the Rise of Emerging Market Multinationals Mehmet Demirbag and Attila Yaprak Index
£145.00
Edward Elgar Publishing Ltd Handbook of Emerging Market Multinational
Book SynopsisThe Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets.This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value.Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernández-Méndez , L. Gao, E. García-Canal, M. F. Guillén, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. YaprakTable of ContentsContents: Introduction: The Rise of Internationalizing Firms from Emerging Markets Attila Yaprak and Mehmet Demirbag PART 1A THEORY PERSPECTIVES 1. The Many Faces of the Ever-changing Multinational Enterprise Yair Aharoni 2. Punching Above Their Weight: The Sources of Competitive Advantage for Emerging Market Multinationals Farok J. Contractor 3. Explaining the Internationalization of Emerging Economy Multinationals: The Relative Resource Specialization of the Firm and Environment Mechanisms Alvaro Cuervo-Cazura, Klaus Meyer and Ravi Ramamurti PART 1B CONCEPTUAL AND EMPIRICAL CONTRIBUTIONS ON EMERGING MARKET MULTINATIONALS 4. Breakout Multinationals: Emerging Market Multinationals in Global Value Chains Pavida Pananond 5. How Institutional Distance Matters to Cross Border Mergers and Acquisitions by Multinational Enterprises from Emerging Economies in OECD Countries Yingqi Wei and Yaoan Wu 6. Globalization of Indian Multinationals: What Lies Ahead? Jagdish N. Sheth and Rahul Singh 7. Indian Multinationals: Location Choices of Overseas Mergers and Acquisitions Smitha R. Nair and Mehmet Demirbag PART II CASE STUDIES ON EMERGING MARKET MULTINATIONALS 8. Relative Risk In Emerging Markets For Emerging Multinationals: The Case of Orascom Telecom Mauro F. Guillén, Esteban García-Canal and Laura Fernández-Méndez 9. Dynamic Capabilities, Managerial Mindsets and the Outcomes of Internationalization: The Case of Chinese State-Owned Enterprises Lan Gao, Xiaohui Liu and Eleni Lioliou 10. South African Multinationals in Africa: Growth and Controversy Geoffrey Wood 11. Acquisitions as Engines of Foreign Expansion of Russian Multinationals Kalman Kalotay 12. Conclusions and Future Research Directions: Lessons Learned from the Rise of Emerging Market Multinationals Mehmet Demirbag and Attila Yaprak Index
£40.80
Edward Elgar Publishing Ltd Handbook of Contemporary Research on Emerging
Book SynopsisThe Handbook brings together leading scholars in international business as well as other disciplines to contribute state-of-the-art thinking on emerging markets. The volume extends theoretical and conceptual thinking, looks at operational practices and their implications and provides a research agenda to move the field forward.Contributors include a mix of new and established authors from around the world, for a diverse and current set of scholarly perspectives on emerging markets. Combining academic and operationally focused chapters, they offer a multifaceted, in-depth look at specific geographies and functional areas to enrich our understanding of emerging markets.This energetic and varied look at a burgeoning field will be an invaluable resource for academics and for students at the post-doctoral, PhD and MBA levels.Contributors: C.G. Alvstam, O.E. Annushkina, A. Arslan, M.S. Balakrishnan, E. Berselli, N. Bhatnagar, K. Braunsberger, I. Buciuniene, A. Cuervo-Cazzura, M. Demirbag, R.O. Flamm, M.W. Hansen, P.D.O. Jensen, S. Joshi, A. Karna, R. Kazlauskaite, C. Landau, J. Larimo, H. Merchant, K. Nair, W. Newburry, D. O'Reilly, B. Petersen, J. Prabhu, I. Pupieniene, K. Ramachandran, A. Soleimani, P. Strom, E. Tatoglu, F. Taube, L. Trevino, R. Trinca Colonel, C. Vithessonthi, R. WentrupTrade ReviewHemant Merchant has compiled a useful, 15-paper collection of contemporary contributions to our understanding of emerging markets. This is a welcome volume. It provides a mix of theory, empirical analyses, and a module on operational practices. As such, not only might this book serve as comprehensive resource, it could also be used as the core text for an MSc course on emerging markets. --Paul W Beamish, Western University, CanadaAs research on emerging markets has grown from a trickle to a flood, Professor Merchant rightly argues for pausing a moment to reflect on what is truly distinctive about these countries vis-a-vis developed markets. He has assembled in this handbook an outstanding collection of essays by established as well as up-and-coming scholars from around the world. A must-read for anyone interested in getting to the bottom of what makes emerging economies special and why their economic and political power will grow further in the coming decades. --Ravi Ramamurti, D'Amore-McKim, Northeastern UniversityTable of ContentsContents: PART I EXTENDING THEORETICAL AND CONCEPTUAL THINKING ABOUT EMERGING MARKETS 1. How do Emerging Markets Differ from Developed Markets?: A Conceptual and Empirical Analysis Olga E. Annushkina, Hemant Merchant, Renata Trinca Colonel and Elena Berselli 2. Heterogeneous Economic Space in a Global Archipelago: An Economic Geography Perspective of Emerging Markets Claes G. Alvstam, Patrick Strom and Robert Wentrup 3. Institutional Theory and Institution Building in Emerging Economies Len J. Treviño 4. Emerging Market Multinationals and Theory Development: A Multi-theoretical Approach Alvaro Cuervo-Cazurra 5. Learning from Sustainability Initiatives in Emerging Markets Karin Braunsberger and Richard O. Flamm PART II OPERATIONAL PRACTICES IN EMERGING MARKETS AND THEIR IMPLICATIONS 6. Mapping Institutional Influences on Multinational Firms’ R&D Investments in Emerging Markets: The Case of India Krishnan Nair, Jaideep Prabhu, Hemant Merchant 7. Brand Management Practices in an Emerging Country Market Ekrem Tatoglu, Mehmet Demirbag and Daragh O'Reiley 8. Employability of Older Workers in a Changing Labor Market: The Case of a Post-Soviet Country Rūta Kazlauskaitė, Irena Pupienienė and Ilona Bučiūnienė 9. Establishment Mode Strategy of Multinational Enterprises in the Emerging Economies: Influences of, and the Moderating Interrelationship Between Cultural Distance and Economic Freedom Ahmad Arslan and Jorma Larimo 10. Drivers and Strategies of International Service Firms in Emerging Markets Michael Wendelboe Hansen, Peter D. Ørberg Jensen and Bent Petersen PART III LOOKING FORWARD: ECLECTIC PERSPECTIVES ON EMERGING MARKETS 11. Emerging Paradigms of Corporate Governance and Managerial Professionalization in Family Firms Kavil Ramachandran, Shefali Joshi and Navneet Bhatnagar 12. Multi-level Reputation Influences on Latin America’s Inward and Outward Foreign Direct Investment William Newburry and Abrahim Soleimani 13. The Internationalization of Hidden Champions: Setting the Context for Advancing Research on Emerging Market Strategies for German Mittelstand Firms Christian Landau, Amit Karna and Florian Täube 14. Managing at the Edge of Chaos: Middle East North Africa – Perspectives for International Management Melodena Stephens Balakrishnan 15. Government Policy Uncertainty and Corporate Investment in Emerging Markets Chaiporn Vithessonthi Index
£163.40
Edward Elgar Publishing Ltd Handbook of Research on Born Globals
Book SynopsisThis impressive Handbook provides a dynamic perspective on the development of successful born global firms, including evolutionary phases and pathways of growth, emergence of entire born global industries, role of founders' linkages, experience, culture and training, as well as collaboration with large MNEs. The expert contributors and the editors explore the origin and evolution of born globals and the changing history of this sector. They outline the training involved in developing international intellectual entrepreneurs and study the effects of different cultures on the origin and growth of born globals. The Handbook focuses on the different types of born globals that emerge from the general set of SMEs - ranging from the pure born globals to the born again globals, the born regionals, and their sub group of born again regionals. It also innovatively differentiates these from internationalizing SMEs and international new ventures. Providing a dynamic perspective on the development of successful born global firms, this book will prove essential reading for researchers and students of international business. Founders of born global firms will also learn about novel management practices, while educational institutions and governments will find invaluable insights on how to foster the emergence of successful born globals.Trade ReviewThe immense literature on born globals contains a cottage industry of research that includes many different definitions, operationalizations and conclusions. It is time to reflect on what insights we have gained. The editors have really succeeded in putting a highly needed great Handbook together that presents this at its best. It will stimulate further research. It is an appealing, useful and well crafted end product. - --Torben Pedersen, Copenhagen Business School, DenmarkTable of ContentsContents: Foreword Preface PART ONE: BORN GLOBALS: ORIGIN, AND EVOLUTION OF RESEARCH 1. Overview, Background and Historical Origin of Born Globals; Development of Theoretical and Empirical Research Mika Gabrielsson and V.H. Manek Kirpalani 2. Born Global or Simply Rapidly Internationalizing? Review, Critique, and Future Prospects Leonidas C. Leonidou and Saeed Samiee 3. Determinants of Different Types of Born Globals Matthias Baum, Christian Schwens and Rüdiger Kabst 4. Born Global and Born-Again Global Firms: A Comparison of Internationalization Patterns Michael Sheppard and Rod McNaughton 5. The Born Global Dilemma: Trade-off Between Rapid Growth and Control Carl Arthur Solberg 6. An Inquiry into Born Global Firm’s Learning Process: A Case Study of Information Technology-based SMEs Alex Rialp, Inmaculada Galván-Sánchez and Minerva García PART TWO: BORN GLOBALS: RESEARCH AREAS REQUIRING MORE DEVELOPMENT 7. Born Globals: Research Areas that Still Need to be Covered More Fully V.H. Manek Kirpalani and Mika Gabrielsson 8. Born Global Firms’ Use of Networks and Alliances: A Social Dynamic Perspective Susan Freeman 9. Sourcing Networks of Born Global Firms Jukka Partanen and Per Servais 10. Born Global Firms, Internet, and New Forms of Internationalization Rotem Shneor 11. Do Born Global SMEs Reap More Benefits from ICT Use than Other Internationalizing Small Firms? Noemi Pezderka, Rudolf R. Sinkovics and Ruey-Jer (Bryan) Jean 12. An Institutional Perspective on the Strategic Behavior of Chinese New Ventures Huan Zou and Pervez N. Ghauri PART THREE: BORN GLOBALS: DEVELOPING LEADERS, AND TRENDS IN OTHER RESEARCH AREAS 13. Born Globals: Trends in Developing Intellectual Entrepreneur Founders/Managers, and in Other Research Areas V.H. Manek Kirpalani and Mika Gabrielsson 14. International Pathways of Software Born Globals Olli Kuivalainen and Sami Saarenketo 15. Characteristics of Born Global Industries: The Birth of Offshore Renewables Nicolai Løvdal and Arild Aspelund 16. Portuguese Born Globals: Founders’ Linkages, Company Evolution, and International Geographic Patterns Vitor Corado Simões 17. Battleship Strategy for Managing MNC–Born Global Innovation Networks Terhi J. Vapola 18. Successful Born Globals Without Experiential Market Knowledge: Survey Evidence from China Tiia Vissak, Xiaotian Zhang and Kadri Ukrainski 19. Annotated Bibliography for Researchers Index
£44.60
Emerald Publishing Limited Orchestration of the Global Network Organization
Book SynopsisThe organizational design of the Multinational Corporation (MNC) was a vibrant area of research in the field of International Business and Management during the 1970-1990's. However, since then this research has largely faded from our scholarship. This volume of AIM is designed to spark new life into the research on the organizational design of the MNC. The world - and environmental forces - has changed substantially in the last decades placing new constrains on the MNCs. External shocks have increased and MNCs need to learn how to live with this increased market volatility. Integrating value chains makes MNCs more efficient but also vulnerable. The relentless forces of competition and globalization are forcing MNCs to divide their activities and reach for foreign inputs, markets and partners. By dividing their value chain into discrete pieces -- - some to be performed in-house, while others are outsourced to partner organizations -- - MNCs hope to reduce overall costs and risks, while also reaping the benefits of ideas from contractors or alliance partners worldwide. These challenges call for new research on the organizational design of the MNC. It is our intention with this AIM volume to motivate new research on the proper organizational design mechanisms of MNCs as of today.Table of ContentsOrganizational Reconfiguration and Strategic Response: The Case of Offshoring. The Virtue of in-between Pragmatism – A Balancing Act between Responsiveness and Integration in a Multinational Company. Network Orchestration: Vodafone’s Journey to Globalization. The Diffusion of Lean Operations Practices in MNCs: A Knowledge-Based, Plant Level, Cross-Firm Study. Experiential Learning and Innovation in Offshore Outsourcing Transitions. To Orchestrate MNC Intra-Firm Relationships, One Needs to Understand them. Functional-Level Transformation in Multi-Domestic MNCs: Transforming Local Purchasing into Globally Integrated Purchasing. Multinational Firms and the Management of Global Networks: Insights from Global Value Chain Studies. Organizing MNC Internal Networks to Manage Global Customers: Strategies of Political Compromising. Organizing Export Strategies. Re-Thinking a MNC: The Role of Cognitive Interventions in Organizational Design. MNC Headquarters as Global Network Orchestrators: Insights from Headquarters Relocation Patterns in Europe. Disintegration and De-Internationalization: Changing Vertical and International Scope and the Case of the Oil and Gas Industry. Professor D. Eleanor Westney and Japanese Business Studies. Authors’ Biographies. Editors’ Biographies. EDITORS’ INTRODUCTION. List of Contributors. Orchestration of the Global Network Organization. The Organizational Architecture of the Multinational Corporation. “The Most Public Secret”: Concealing and Silencing Ethnocentrism in the MNC. The Omnipotent MNC – A Review and Discussion. The Dark Side of Multi-Unit Franchising: The Drawbacks of Local Responsiveness. Strategic Archetypes of Emerging Market Multinationals: Analysis of Outward FDI of Indian Firms. Introduction to Part I: Booz & Co./Strategy+ Business Eminent Scholar in International Management 2013. Complementarity Versus Substitution among Political Strategies. Introduction to Part II: Orchestration of the Global Network Organization. Advances in international Management. Orchestration of the Global Network Organization. Copyright page. Organizational Reconfiguration and Strategic Response: The Case of Offshoring. The Virtue of in-between Pragmatism – A Balancing Act between Responsiveness and Integration in a Multinational Company. Network Orchestration: Vodafone’s Journey to Globalization. The Diffusion of Lean Operations Practices in MNCs: A Knowledge-Based, Plant Level, Cross-Firm Study. Experiential Learning and Innovation in Offshore Outsourcing Transitions. To Orchestrate MNC Intra-Firm Relationships, One Needs to Understand them. Functional-Level Transformation in Multi-Domestic MNCs: Transforming Local Purchasing into Globally Integrated Purchasing. Multinational Firms and the Management of Global Networks: Insights from Global Value Chain Studies. Organizing MNC Internal Networks to Manage Global Customers: Strategies of Political Compromising. Organizing Export Strategies. Re-Thinking a MNC: The Role of Cognitive Interventions in Organizational Design. MNC Headquarters as Global Network Orchestrators: Insights from Headquarters Relocation Patterns in Europe. Disintegration and De-Internationalization: Changing Vertical and International Scope and the Case of the Oil and Gas Industry. Professor D. Eleanor Westney and Japanese Business Studies. Authors’ Biographies. Editors’ Biographies. EDITORS’ INTRODUCTION. List of Contributors. Orchestration of the Global Network Organization. The Organizational Architecture of the Multinational Corporation. “The Most Public Secret”: Concealing and Silencing Ethnocentrism in the MNC. The Omnipotent MNC – A Review and Discussion. The Dark Side of Multi-Unit Franchising: The Drawbacks of Local Responsiveness. Strategic Archetypes of Emerging Market Multinationals: Analysis of Outward FDI of Indian Firms. Introduction to Part I: Booz & Co./Strategy+ Business Eminent Scholar in International Management 2013. Complementarity Versus Substitution among Political Strategies. Introduction to Part II: Orchestration of the Global Network Organization. Advances in international Management. Orchestration of the Global Network Organization. Copyright page.
£134.99
Taylor & Francis Ltd Sustainable Champions: How International
Book SynopsisIn the face of strong competitive pressure and a dynamic market, multinational companies in China are forced to innovate with extraordinary pace and inventiveness. Environmental sustainability is a vital benchmark, and is a key driver for the best companies in each sector – many of them allied with the WWF Climate Savers programme. Sustainable Champions shows how nine leading multinational companies – including Nestlé, HP, Tetra Pak and Sony – are dealing with environmental, supply chain and ethical challenges in China. The book illuminates some of their transformative practices, and the impact this is having on business in China and beyond. The concluding cross-case analysis of supply chain and environmental challenges faced by leading international firms presents key lessons for business and for sustainability champions. Sustainable Champions: How International Companies are Changing the Face of Business in China is essential reading for researchers and course leaders seeking on-the-ground examples of local environmental challenges, and any company doing business in one of the world’s fastest-growing economies. With a Foreword by Simon Zadek, Distinguished Fellow, Academy of Business in Society, Visiting Scholar, Tsinghua School of Economics and Management.Table of ContentsIntroduction 1. Responsible Tourism: Fairmont Hotels 2. Learning to Be Sustainable: Hewlett-Packard 3. Sourcing Strategy in China: Nestlé 4. Sustainable Practice in China: SKF 5. On the `Road to Zero’: Sony 6. One Step Ahead: Tetra Pak 7. Sustainable Supply Chain Strategy: Vanke 8. Towards Sustainable Mobility: Volvo 9. Sustainable Value Chain Strategy: Yingli Conclusion
£35.09
Edward Elgar Publishing Ltd Emerging Asian Economies and MNCs Strategies
Book SynopsisAnalyzing the role of multinational investors in emerging Asian economies and the implications for regional economic integration, this astute study examines the increasing role being played by Asian countries in the global economy.Encompassing a large number of diverse manufacturing and service sectors, this book highlights the cultural and strategic challenges faced by multinational investors in the region in which they invest. It shows that despite high rates of economic growth in Asian countries presenting multinational traders and investors with unparalleled market opportunities, there have been only tentative moves towards regional economic integration. Areas such as trade facilitation, uniform customs clearance, removal of non-tariff barriers and labour deployment issues are yet to be adequately addressed. Multifaceted and multidimensional in approach, Emerging Asian Economies and MNCs Strategies will appeal to students and scholars of Asian economies and business management in the region. Its presentation of the sociopolitical and investment environment will also prove invaluable in informing business investors targeting southeast Asian markets.Contributors include: B. Andreosso-O'Callaghan, N. Callinan, C. Dathe, S. Dzever, W. Feng, B. Gupta, J. Jaussaud, J.-L. Mucchielli, F. Nicolas, R. Taylor, U. Uprasen, W. Wei, P. Yu, G. Zhao, B. ZolinTrade ReviewTaylor and Andresso-O'Callaghan's new book is a very welcome addition to the literature on Asian economic integration in the context of its barriers, problematic decision-making of regional bodies and infrastructure. They use a plethora of international experts to cover a varied and disparate range of areas, including: regional production networks; food supply chain; R&D location strategies; outward investment into the EU; expatriation policies; innovation in food processing small firms and ICT using Samsung as a case. One of the most interesting and perceptive pieces is Taylor's on labour mobility and human resources and the need for corporate cultures to adapt to indigenous cultural values and norms and emergence of hybrid systems of management. This stands in useful contrast to the often naive navel-gazing and ethnocentric assertions of too much US-UK management literature. --Chris Rowley, Korea University, Nottingham University, UK, Griffith University, Australia and City University, London, UKThis is a very valuable contribution to the literature on emerging Asian economies and MNCs strategies. It covers an impressive range of countries and corporations. It should be of great interest to both academics and practitioners in the field. --Malcolm Warner, University of Cambridge, UKTable of ContentsContents: 1. Introduction Robert Taylor PART I: OVERALL OVERVIEW 2. Emerging Asian Economies and MNC Strategies: A Review of the Literature Bernadette Andreosso-O’Callaghan 3. Regional Production Networks in Asia – A Focus on China, Japan and Korea Françoise Nicolas 4. Selected Asian Countries and the Food Supply Chain (Between Food Security and Food Safety) Maria Bruna Zolin PART II: CHINA AND CHINESE MNCS 5. A Correlation of China’s Economic Growth and Trade Structure Induced by Transaction Costs Quoqin Zhao and Sam Dzever 6. MNCs’ Offshore R&D Co-Location Strategies: Comparison of Western and Asian Firms in China Pei Yu and Jean-Louis Mucchielli 7. Chinese Outward Direct Investment to the European Union Against the Background of the Euro Crisis Bernadette Andreosso-O’Callaghan and Christopher Dathe 8. Expatriation Policies of Chinese Emerging MNCs Feng Wei and Jacques Jaussaud PART III: EMERGING MNES FROM OTHER ASIAN COUNTRIES 9. The Transatlantic Free Trade Area: ASEAN’s Perspective Utai Uprasen 10. Innovation Performance in the Small and Medium Enterprises of India – Evidence from the Food Processing Industry Bhumika Gupta and Jeayaram Subramanian 11. The Emergence of Samsung as a Global ICT Player Nigel Callinan 12. Epilogue: Labour Mobility and Human Resources Robert Taylor Index
£105.00
Edward Elgar Publishing Ltd Comparative Capitalism and the Transitional
Book SynopsisAn original and insightful book, this work focuses on domestic and overseas firms operating in those Central Asian and Eastern European countries considered to be the transitional economic periphery. Chapters shed light on their distinct forms of capitalism, and how it influences and adapts the firms located there. The eminent authors show how, in a post-state socialist world, there are several implications for both domestic and overseas firms functioning successfully in the transitional periphery. With the complex mix of political and market mediation and informal personal ties, chapters explore the delicate balance of liberalisation in transitional economies. Detailed examples from specific countries in Eurasia and Central Asia such as Belarus, Turkey, Azerbaijan, Mongolia, Uzbekistan, Armenia and Georgia are discussed alongside broader thematic issues of economic and social change, labour relations and human resource management. Most importantly, it is shown that liberalisation has little connection to short-term business growth. To succeed in such contexts, international firms need to be both pragmatic and creative, in coping with malleable yet durable forms of institutional mediation. Providing a unique perspective on the transitional economic periphery and much-needed insights from international business, this book is essential reading for researchers and graduate students studying transitional economies, non-traditional business models, institutional persistence and change, political and economic development and management in economically transitioning countries.Table of ContentsContents: Introduction: Geoffrey Wood and Mehmet Demirbag PART I TRANSITIONAL PERIPHERY: CENTRAL ASIA 1. Expanding the boundaries of institutional analysis in the transitional periphery Dilshod Makhmadshoev 2. Uzbekistan: Autocracy, Development and International Firms Geoffrey Wood and Mehmet Demirbag 3. Mongolian management: local practitioners’ perspectives in the face of political, economic and socio-cultural changes Saranzaya Manalsuren, Marina Michalski and Martyna Śliwa 4. Political risk, political instability and the transitional periphery in the age of global uncertainty Ali Resul Usul PART II TRANSITIONAL PERIPHERY: CAUCASIA 5. International business view of economic and institutional transformation in transitional periphery: Armenia and Georgia Aleksandr V. Gevorkyan 6. Influence of Economic and Political Changes on Industrial Relations between Turkey and Azerbaijan Sayım Yorgun 7. The Application of MNC HR Policies and Practices in the Luxury Hotel Industry: Differences and Similarities Between Transitional Periphery Versus Developed Economies Giovanni O. Serafini and Leslie T. Szamosi PART III OTHER TRANSITIONAL PERIPHERY 8. The state and company managements in Belarus Hanna Danilovich and Richard Croucher 9. Equity commitment and company resources: evidence from Nordic multinational enterprise strategies in transitional periphery economies Ahmad Arslan, Jorma Larimo and Shlomo Y. Tarba 10. Lessons in nonmarket strategy from Eastern Europe and Central Asia: moving beyond the ‘compared to what’ question Yusaf H. Akbar and Maciej Kisilowski Index
£100.00
Edward Elgar Publishing Ltd The Development of International Business: A
Book SynopsisThe Development of International Business offers an extensive understanding of contemporary international business through detailed, engaging discussion of the development of the multinational enterprise (MNE) over the past half-century. By providing an analytically informed basis for understanding MNEs, two parallel strands of analysis in International Business (IB) are reviewed: the `theoretical' and the `practical'. Firstly, Robert Pearce identifies how the practical restructuring of the MNE as an organisational form has responded to changes in the wider global economy and how this evolution has interacted with the enrichment of theory on the topic. Secondly, by tracing the persisting dynamics of the MNE's structure and strategic positioning, he demonstrates the use of these systems and how they can help to understand and organise the future evolution of not only MNEs but of international business as a whole. Highly accessible with an informed overview of the entire IB subject area, The Development of International Business is an essential text for students and academics of business, management, economics and development. More generally, business leaders, economists and politicians will value the exceptional insight into the progression of international business and its future.Trade Review'As a distinguished founder-member of the ''Reading School'', Bob Pearce provides a comprehensive account of the evolution of international business theory from the 1950s to the present day. He shows how, unlike abstract economic theories, international business theory has always been rooted in evidence on the behaviour of individual multinational firms. He provides a fascinating narrative of the early days of international business research, which he embeds within a broad thematic view. This book is indispensable reading for all serious scholars of international business studies.' --Mark Casson, University of Reading, UK'This tour de force gives us the very first, timely narrative history of the birth and growth of IB as a new discipline over the past half century. Robert Pearce lucidly interprets the major theoretical traces left by innovative economists whose frameworks built the foundation of the discipline. He weaves out a thought-provocative tapestry that demonstrates how national enterprises transform themselves into multinationals as they adapt to, and reshape, their altering global ecosystem - in a co-evolutionary fashion. The book is highly recommended as an ideal read to learn the conceptual warp and woof of IB.' --Terutomo Ozawa, Colorado State University, USTable of ContentsContents: 1. Multinationals: in theory and practice 2. From FDI to the MNE: Hymer and the roots of ownership advantage 3. From innovation to internationalisation: the product cycle model 4. From multi-domestic hierarchy to network hierarchy 5. Trade and FDI revisited: the role of location 6. Internalisation: ownership advantage as an intermediate good 7. The knowledge-seeking transition: decentralising innovation and R&D 8. Multinationals from emerging economies: a new challenge of practice to theory 9. Evaluating the multinationals: a coda Index
£78.00
Emerald Publishing Limited Multinational Enterprises and Sustainable
Book SynopsisMultinational enterprises (MNEs) are believed to contribute towards economic development of host countries through foreign direct investment (FDI), which results in poverty alleviation and human empowerment through linkages and spillovers with local stakeholders. However, earlier research demonstrates that the positive impact of FDI is often inconclusive. There is thus a gap in understanding the link between the activities of MNEs in developing countries and their impact on socio-economic development. This volume reports the results of a large international ‘MNEmerge’ research project, financed by the European Commission, and provides an understanding of the impact of MNEs on United Nations Millennium Development Goals and successive Sustainable Development Goals in developing countries. Trade ReviewBusiness scholars report the findings of a study on how multinational corporations can contribute to sustainable economic development. They pay special attention to the formation of linkages between subsidiary and local stakeholders such as society, business, and government. Their topics include the impact of multinational enterprises on sustainable development and poverty reduction, the contribution of the pharmaceutical business to the health status of the developing world, business-led new market creation in emerging countries: the case of Bt cotton, business and building capabilities in Ghana, and sustainable energy and development: the "Light for All" program in Brazil. -- Annotation ©2017 * (protoview.com) *Table of ContentsIntroduction: How multinational enterprises can contribute to achieving sustainable development goalsThe impact of multinational enterprises on sustainable development and poverty reduction: Research framework The contribution of the Pharmaceutical Industry to the health status of the developing world MNEs contribution to the Indian pharmaceutical sector On nudging MNE towards SDG1: a policy perspective MNE led new market creation in Emerging Countries: The case of Bt cotton Returns from Strategies Adopted by MNEs to Improve Global Health and Wellbeing: Third Sustainable Development Goal MNEs and Capabilities Building in Ghana MNEs' Contribution to Sustainable Energy and Development: the case of 'Light for All' Program in Brazil Multinational Enterprises, Sustainable Development and Poverty Alleviation: Past, Present and Future
£96.99
Emerald Publishing Limited Distance in International Business: Concept, Cost
Book SynopsisThis research and teaching volume has been composed in honour of Rosalie Tung, a distinguished institution builder, thought leader and educator in the field of international business (IB). The volume addresses Rosalie Tung’s main research focus in a career that has already spanned several decades, namely the analysis of distance facing multinational enterprises (MNEs), with a focus on state-of-the-art conceptual and fact-based empirical developments in the realm of cultural and institutional distance elements. The impact of distance on international business transactions and operations remains ill-understood. How should distance be conceptualized? Which dimensions of distance should be considered? Is distance always a cost, or can it sometimes confer value? This twelfth volume in the Progress in International Business Research series presents extensive accounts of the contemporary scientific debate on how to assess the impacts of distance, both negative and positive ones, on the conduct of international business. This volume covers five dimensions related to the concept, cost and value of distance, in International business: • The concept of distance • The cost of cultural and psychic distance • The cost of institutional distance • The value of distance • Alternative lenses for IB researchTrade ReviewBusiness scholars explore the impact of distance on international trade from the perspectives of the concept of distance, the cost of cultural and psychic distance, the cost of institutional distance, the value of distance, and alternative lenses for international business research. Among their topics are institutional overlap as a basis for international business, why psychic distance inhibits international buyer-supplier relationships, equity commitment in cross-border acquisitions: the influence of distance and organizational resources, when distance is good: an upper-echelon perspective on the role of distance in internationalization, and domestic alliance formation and the foreign divestment decisions of firms. -- Annotation ©2018 * (protoview.com) *Table of ContentsPrologue, Voyages of self-discovery: a reflection on four decades of research on expatriation and cross-cultural interactions; Tung, Rosalie Chapter 1, Distance in international business studies: conceptualization, costs and value; Verbeke, Alain; van Tulder, Rob and Puck, Jonas Chapter 2, Are we at a turning point for distance research in international business studies?; Dow, Douglas Chapter 3, Institutional overlap, access and contestation: how institutional diversity affects International Management; Maseland, Robbert Chapter 4, How do managers deviant perceptions of “cultural distance” relate to the performance of international SMEs?; Azar, Goudarz and Drogendijk, Rian Chapter 5, The concept of institutional and cultural compatibility; Halaszovich, Tilo Chapter 6, The direction of regulatory institutional distance and MNE’s subsidiary ownership strategy: re-examining theory and evidence in the case of emerging markets; Shirodkar, Vikrant and Konara. Palita Chapter 7, Ownership strategy and subsidiary survival in foreign acquisitions: the moderating effects of experience, cultural distance, and host country development; Wang, Yie and Larimo, Jorma Chapter 8, The psychic distance hazards in cross-border acquisition performance: an empirical study of cross-border acquisitions from 26 countries; João Carvalho Santos,Hortênsia Karl-Barandas and Francisco Vitorino Martins Chapter 9, Why does psychic distance inhibit international buyer-supplier relationships?; Tierean, Silviu H.; Berens, Guido A.J.M; and van Riel, Cees B.M. Chapter 10, Institutional distance and location choice: new empirical evidence from emerging-market MNEs; Diego Quer, Enrique Claver and Laura Rienda Chapter 11, Firm resources, institutional distance, and the choice of entry mode, Puck, Jonas; Hödl, Markus; Filatotchev, Igor and Lindner, Thomas Chapter 12, How the direction of institutional distance influences foreign entry mode choices: an information economics perspective; Mueller, Michael; Hendriks, Guus and Slangen, Arjen Chapter 13, Equity commitment in cross-border acquisitions: the influence of distance and organization resources; Dikova, Desislava; Arslan, Ahmad, and Larimo, Jorma Chapter 14, The geography of international knowledge sourcing: looking back and moving forward; Perri, Alessandra & Santangelo, Grazia Chapter 15, CSR Implementation in MNEs: the role of distance and prioritization of demands; Jacqueminet, Anne Chapter 16, Breaking bad? The effect of faultline strength and distance on relationship conflict and performance in teams. A conditional process model; Pregernig. Ursula Chapter 17, When distance is good: an upper-echelons perspective on the role of distance in internationalization; Piaskowska, Dorota Chapter 18, How to internationalize a traditional Portuguese style food – liability or asset of Portugueseness?; Costa, Susana e Silva and Elo, Maria Chapter 19, Labilities of distance: governance cost dynamics in MNE headquarters-subsidiary relationships; Tomassen, Sverre Chapter 20, Reducing psychic distance through springboard subsidiaries: an exploratory case study; Magomedova, Nina; Achcaoucaou, Fariza; and Miravitlles, Paloma Chapter 21, Cultural distance, reputation transferability and cross border acquisitions: a consumer perspective; Matarazzo, Michela; De Vanna, Frederica; Lanzilli, Giulia; and Resciniti, Riccardo Chapter 22, Domestic alliance formation and the foreign divestment decisions of firms; Viacheslav Iurko, and Gabriel R.G. Benito
£114.99
Emerald Publishing Limited Compliance in Multinational Corporations:
Book SynopsisOver the past two decades, the enforcement of anti-bribery, anti-money-laundering and anti-terrorism-financing regulations has become increasingly challenging for multinational corporations. Bribery and money laundering scandals have the potential to take down entire multinational corporations. Frequently, managers in charge of those firms end up facing criminal prosecution and civil lawsuits, and are not equipped with the formal legal training to prevent these phenomena. Compliance in Multinational Corporations explores the historical background of such phenomena as bribery, money laundering, and terrorism financing. Analysing the legal environment based upon international conventions, and including an empirical analysis of 100 expert interviews, it takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance experts. While traditional compliance and financial crime literature focuses on rules, regulations and prevention mechanisms, this book shows how intelligent criminals act. It offers practical advice and concrete guidelines that will address the most pre-eminent compliance challenges. The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face.Trade ReviewThe work of Teichmann and Sergi is timely in a world where globalized practices determine increasing complexity within the compliance of organizations. Asking relevant questions and bringing societal values forward are essential skills for this debate to surface successfully. This book contributes greatly to it. -- Mark EspositoSergi and Teichmann combine the perspectives of the academic and the practitioner in analysing key issues of financial crime that multinational corporations face today: bribery, money laundering, terrorism financing. How can corporations address them? How useful are sanctions and embargoes? The authors offer a compelling and innovative point of view by drawing on extensive empirical material: cases, experiences, experts’ analyses. This book is a must-read for compliance managers and anyone exposed to financial crime’s increasing global risks. -- Ernesto Gallo, PhDCompliance in Multinational Corporations: Business Risks in Bribery, Money Laundering, Terrorism Financing and Sanctions touches upon some of the most critical challenges of our day: preventing serious financial crime, enforcing pertinent regulatory framework, and ensuring ethical and effective behavior of multinational corporations. The authors show that preserving the law-abiding character of corporations requires multi-faceted efforts. They go going beyond the precepts of traditional compliance and financial crime literature, to search for innovative and practical solutions. Through an original empirical enterprise, they offer novel insights and practical guidance on how to address the most pressing challenges and dilemmas of modern society and its developmental aspirations: bribery, money laundering, and terrorism financing. -- Qerim Qerimi, Law and Development Research Group, University of Antwerp & Faculty of Law, University of PrishtinaI highly recommend the informative book Compliance in Multinational Corporations: Business Risks in Bribery, Money Laundering, Terrorism Financing and Sanctions by Fabian Teichmann and Bruno Sergi. With the prevailing tension among governments and players of the underground economy, the book is timely for those who are looking for answers on the cost and economics related to worldwide corruption, money laundering, and financial malpractices. The book provides a wealth of information to academic researchers, faculties teaching International finance, economics and business law, attorneys dealing with the multinational business environment, decision makers at national and state law enforcement agencies, and executives at offshore banking centers. Both authors are prominent specialists and distinguished scholars in their own right, and possess prolific track records in articulating the economics and legal issues related to cross-border corruption, bribery, money laundering, and terrorism. -- Musa Essayyad, PhDTeichmann, an attorney and public notary in Switzerland, and Sergi, an economist in the US, outline an approach for multinational organizations to eliminating corruption and bribery, focusing on systems that incentivize compliance with rules and regulations, rather than paying bribes. They consider how conventional incentive systems foster or prevent corruption in these corporations, how these systems should be adjusted to ensure more effective compliance with formal anti-bribery rules and multinational corporations, how incentive systems should be adjusted to foster anti-bribery whistleblowing, and the difficulties in introducing anti-bribery incentives. They discuss challenges and solutions to money laundering, how multinational corporations become trapped in terrorism financing, and the use of sanctions and embargoes and whether they are effective political tools. -- Annotation ©2018 * (protoview.com) *Through an analysis of the pertinent legal environment on the basis of international conventions, coupled with an empirical analysis of interviews with one hundred experts on the issues being discussed, the book takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance professionals... The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face. -- Qerim Qerimi * Journal for Labour and Social Affairs in Eastern Europe, vol. 21 (2018) *[Compliance in Multinational Corporations] is a highly welcome addition to the existing literature on money laundering and terrorism financing. It provides a clear and compact range of possible solutions to transnational financial and business crimes, based on sound methodology. -- Ernesto Gallo * Volume 95, Issue 2, 1 March 2019, Pages 489–490, https://doi.org/10.1093/ia/iiy259 *Table of ContentsChapter 1. Bribery and Corruption Today: Practices and Challenges; Chapter 2. Money Laundering: Challenges and Solutions; Chapter 3. How Multinational Corporations Become Trapped in Terrorism Financing; Chapter 4. Sanctions and Embargos: Effective Political Tools or Unnecessary Challenges for Compliance Departments?; Chapter 5. Whistleblowing in Corporations; Chapter 6. Conclusions and Practical Implications
£43.69
