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Books > Business & Economics > Business & management > International business
Corporate Strategies for South East Asia After the Crisis presents an in-depth analysis by experts from Europe, Japan and South East Asia who have long-standing research experience in Asian economies and international business. The authors draw upon empirical research to analyze the questions facing multinational corporations active in the region, and go on to examine their strategies in production, marketing and corporate finance. They present a comprehensive overview of the current activities of multinational firms from Europe and Japan in South East Asia. The authors address both questions of international strategy and the role of multinational companies in a global economy, while taking into account how national differences affect strategic decision making. More than an essential reader for business people in Southeast Asia, the book will strongly influence policy makers and all those interested in the shift from national to transnational business.
This volume of the Academy of International Business series looks at International Business in the context of a rapidly changing Europe. Leading contributors have come together to present the latest research, attempting to answer a number of important questions: * is the vision of a Single European market realistic? * what are the barriers to its achievement? * what are the prospects for Eastern Europe? * how should firms enter East European markets? * what does the process of transition imply for corporate policy?
All too often, books on accounting are written for accountants. In this unique book, accounting is used as a means, not as an end unto itself. Heely and Nersesian have written a guide for managers of multinational companies who wish to better understand the complex workings of a global business. The book describes the globalization of business, the increasing complexity and related accounting treatments of doing business internationally. Recent developments in the standardization and harmonization of accounting practices around the world are discussed, accompanied by numerous examples from annual reports of both foreign and domestic companies. The process by which a parent company consolidates its results from foreign affiliates is described, along with the accounting which would accompany typical business transactions. Emphasis is placed on the connection between transfer pricing and taxation, including a discussion of the considerations which management must face when setting transfer prices. Accounting practices for inflation, along with currency exchange fluctuations, are dealt with from both accounting and risk management perspectives.
In the wake of Asia's 1997 financial crisis a number of books appeared, purporting to explain why Asia failed. Now it seems that the tide has turned and Asia offers scope not just for renewed economic activity, but also for research on its recent vicissitudes. In this intriguing analysis of the fluctuations of the contemporary economic system, the authors offer a critical perspective which interprets business realities on the ground in terms of social and historical contexts.
Most business leaders struggle mightily when transitioning from working in the U.S. or any modern country to working in Shanghai, Dubai, Nairobi or Pune. Despite organizational efforts to facilitate this transition through training and coaching, leaders often find themselves bewildered and frustrated by the unwritten and often unacknowledged cultural dictates of a given country. These leaders struggle with everything from motivating direct reports to getting deals done. They discover that their best practices have little to do with the practices that have been ingrained in societies for thousands of years. This book is written to provide inside information about working outside traditional business environments. It presents nine rules that will serve leaders well no matter where they're stationed--Asia, South America, the Middle East and elsewhere. As readers will discover, these rules are not taught in typical global leadership courses. Instead, they have emerged from the work of the authors with leading companies in foreign countries or from our efforts to coach others in all parts of the globe.
This volume discusses the effects of globalization on changing power relationships between transnational corporations - TNCs - and transnational capital, the state, and subnational groups. TNCs have expanded their power with the deepening of market relations, but they are not causing the state to wither away. Indeed, neoliberal changes often occur with the permission or even encouragement of powerful states. Transnational capital has weakened labour groups in order to make production more competitive, but the disadvantaged groups may mobilize to counter the power of transnational capital. Finally, globalization is subjecting domestic policies to increased international scrutiny.
Japanese distribution was long seen as archaic and difficult to understand, but today that has changed. Domestic firms stretching across all retail formats and categories have taken control of channels and now lead the consumer market from the front. They are now so advanced that the very best are bursting out of the Japanese market and operating across Asia and even as far as Western Europe. Through case studies and concrete examples, this book provides the most detailed analysis of retailing in Japan ever written; it is the definitive guide to how Japan has changed and what to expect in the future.
This book is aimed at all librarians and information professionals working in culturally diverse environments, whether in an academic, public or commercial setting. It addresses the issues of communication, diplomatic etiquette and common courtesies from a wide range of cultures and of how to provide library services across cultural boundaries and languages. Each chapter clearly defines a different aspect and provides clear guidance and strategies for librarians to follow in their everyday work. The book is packed with advice on how to deal with many of the situations, which arise as the result of different cultural backgrounds and language.
"Global Health, Pharmaceutical Industry and BRIC "explores the status and future growth of the global pharmaceutical industry and the changing needs of global health. Brazil, Russia, and China combined will be the largest pharmaceutical producer and has the largest pharmaceutical market potential in the world. This book fulfiles the need for a comprehensive book on the role of the global pharmecutical industry in general, and the participation of BRIC in specific to address global health needs.
This book is one of the first works studying foreign exchange exposure in emerging markets. The analysis takes a broad approach and concludes with a tool that multinatonal companies can apply to improve the effectiveness of their risk management activities against variations in the exchange rate as well as other business risks
Business opportunity is defined as the deriving force that creates entrepreneurship, change and growth in both SMEs and multinational firms. Business networks provide opportunities and competitive advantage but they also impose constraints on firms. This volume connects opportunity detection with business networks to explore the impact of this combination on the competitive strategies of firms. It will be of use to researchers and PhD candidates working in the field of entrepreneurship, networks, and competitive strategies and advantages.
"Market Entry in Japan" provides a sound scientific and up-to-date
representation of important social, economic and management
matters, as well as a theoretical and practice-oriented overview of
potentially successful ways in which to approach the Japanese
market. It presents a thorough analysis of the latest theories on
'Managing under Different Entry Methods'. It also evaluates current
research to increase intercultural understanding both in scientific
and practical terms and to offer answers to the question 'How
should your corporate activities in Japan be organized?'
Development Models, Globalization and Economies compares and critiques the different economic models available in today's global market place. The US or Anglo-Saxon model is often portrayed as the best, yet Europe has a well-known Social Model, and Asia has enjoyed success in the past wherein the 'Asian Economic Miracle' was highly vaunted before their crash. But now Asia, especially China, is again on a roll. The book analyzes how these models have influenced both regional and global development, and finally engages in discussions upon alternatives and the search for the 'grail'
The increasing global interdependency in economy and business
transaction asserts the importance of documenting the most recent
developments in global work and organizational behaviours, which
are strongly influenced by the advancement of information
technologies, virtual business transactions, multicultural business
groups and expanded business settings across cultures. An in-depth
analysis of some major areas of developments and developmental
needs for some areas which have paramount influence on
international work, organizational and business psychology is of
both academic and practical importance.
Much has been said about the proliferation of eGovernance projects
in developing countries and their impact on local communities. In
this book, Shirin Madon draws on 18 years of research in India in
which time many changes have occurred in terms of development
ideology and in governance reform for achieving development
goals.
The twenty-first century has been dubbed the Chinese century. As China becomes a dominant world economic actor, its enterprises-state run-or otherwise-increasingly look to distant shores in the Western Hemisphere and the European continent. for inspiration.This edited collection of papers bring together a diverse community of interdisciplinary Chinese research scholars to assess the impact of Chinese business on global business and environments, disseminate knowledge on the emergence of globalizing Chinese firms, and to address the issues relating to corporate sustainable development and outsourcing.
Culture dictates our conduct based on the value system that it promotes. Culture makes us who we are and has direct impact on how we behave because it defines, promotes and values conducts which we are all keen to pursue. The marks of today's prevailing culture should be viewed as an unprecedented threat faced by mankind because of the structured persuasion tools innate to the system and create limitless possibilities of realities that enable man to reject traditions and move from one vanguard to another in pursue of something that is not real. Culture can be designed by those that control the institutions of the society, taking the individual away from the collective sense of belonging to a community. On the one side this creates an anomic state of public mind and on the other side it creates fragmented communities that lead to disintegrated service of government and decision-making.The Knowledge of Culture and the Culture of Knowledge explores the construct of information and information culture and its relationship to the prevailing culture. The author provides an analysis of the relationship of media to the core constructs in the book by explaining why they have been put together to form one single idea. The book focuses on a case study of how media is used to construct realities as it is in the case of economic crisis in order to draw implications for society as a whole.
The success of the modern day leader depends in no small part on their ability to bring clarity and purpose to a world that is otherwise swamped in a fog of information, complexity and change. Somewhere along the way between the innocence of the early twentieth century and the mayhem of the twenty first century things became very complicated. The internet made customers much more intelligent. The new economies shifted the global power balance. The apparent separation of peoples and countries disappeared and climate change, terrorism and the technology explosion told a different story. Leaders more than ever have got to know what they are doing. Each and every leader needs to understand their own response to the challenges they face. This book poses three fundamental questions that will bring a new clarity to your leadership and will put you firmly in the driving seat of your most important decisions. This book is your leadership base camp; Read, rest, reflect and gear up for the most important journey of your career.
In this volume, Bartlett and Ghoshal examine the transnational firm, its development and future. Ending their chapter is a debate about the future of international management research involving several individual scholars including Julian Birkinshaw (London Business School), Yves Doz (INSEAD), and Eleanore Westney (MIT). Three leading scholars in the international management field, Michael Kotabe (Temple University), Alan Rugman (Indiana University) and Srilata Zaheer (University of Minnesota) provide comments on Bartlett and Ghoshal's work and on future international management research. The present volume also presents five other articles that make a contribution to the main theme of the book. Together, they cover a set of topics in international management studies including: process issues and the evolution of collaboration in the management of international strategic alliances (alliances), the antecedents and outcomes from international entry modes (market entry), examination of the localization of HRM practices in American and European multinationals (resources), and the cultural, economic and political effects on national entrepreneurial potential (resources). The work in this volume provides a diversity of theoretical and methodological approaches and represents the thinking in the field on managing transnational firms focused on resources, market entry and alliances.
The financial crisis has exposed severe shortcomings in mainstream monetary economics and modern finance. It is surprising that these shortcomings have not led to a wider debate about the need to overhaul these theories. Instead, mainstream economists have closed ranks to defend existing theories and public authorities have expanded their interference in markets. This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. This school emanated from the work of the nineteenth-century Austrian economist Carl Menger and was developed further by Eugen von Boehm-Bawerk, Ludwig von Mises, and Friedrich August von Hayek. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a comprehensive reform of our present monetary system. In a new monetary order, money could be issued by both public and private institutions, and there would be no need for fractional reserve banking. Instead of creating money, banks would intermediate it. In finance, the Austrian school rejects the notion of rational expectations and measurable risk. Individuals use their subjective knowledge to gather and evaluate information, and they act in a world of radical uncertainty. Hence, markets are not "efficient" nor can portfolios be built on the basis of known probability distributions of asset prices as described in the modern finance literature. This book explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.
Spanning diverse current topics in the field of international strategic management, this collection represents the best writings of Peter Buckley, one of the world's leading authorities in the field. The book looks at three main areas in detail: international strategic management and government policy; foreign investment in China, Vietnam and Japan; and trade blocs, foreign market servicing strategies and international transfer pricing. An essential volume for anyone wishing to keep up-to-date with recent developments in international strategic management.
Comprised of chapters that explore the impact of the global crisis on emerging economies and firms and their response to it. The ways in which the leading emerging economies of Brazil, Russia, India and China are dealing with the challenges of the crisis are complemented by the methods applied by countries and firms in Central and Eastern Europe.
Characterized by new analytical insights and methods in the field of international business, this collection of articles by Alan Rugman and Alain Verbeke celebrates their long and productive work together on issues facing top managers of multinational enterprises. Fueled by their belief in the need for better theory in multinational strategic management, the authors have explored a number of different facets in this increasingly important realm. They have organized the work into five sections: the foundations of a new theory of multinational strategic management, a radically new examination of multinational strategic management, national competitiveness, the relatively under-researched but increasingly important issue of environmental strategies of multinational enterprises, and the interactions between multinational strategic management and public policy. This outstanding collection, inspired by the occasion of Alan Rugman's 60th birthday, will be of great interest to scholars and practitioners of international business and management, as well as to economists and lawyers. |
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