Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
|
Your cart is empty |
|||
Books > Business & Economics > Business & management > Ownership & organization of enterprises > Multinationals
The advent of globalization and the global market place has brought about a widespread boom in the international trade and commerce. Two of the most decisive factors have been the collapse of the Soviet Union and globalization ahs inevitable affected the approach of international business management.
This book examines one of the greatest challenges facing Japanese multinationals as they continue to expand foreign direct investment: how to integrate local managers into the management process of overseas subsidiaries, as well as in that of the parent companies themselves. In the majority of Japanese subsidiaries, management control has remained in the hands of Japanese managers at extremely high cost, but now Japanese firms are considering integrating local nationals into the management process of their companies, a process that may yield significant competitive advantage.
This volume in the Academy of International Business series focuses on globalization and international business, and presents the work of leading international business scholars delivered at the 27th AIB conference. Contributions examine how the underlying characteristics of international business are changing. The book successfully brings together an integrated set of research concepts and results to present some contrasting views about the nature and effects of globalization as the multinational continues to develop in the 21st century.
Leadership selection in the major global economic organizations produced unprecedented levels of public conflict during the 1990s. The convention that awards the IMF managing directorship to a European and the World Bank presidency to an American sparked conflict between the United States and Europe as well as growing discontent on the part of Japan and the developing countries. At the WTO, successive conflicts demonstrate deeper shortcomings in governance as membership expands rapidly and consensus decision making fails. Protracted efforts to choose new heads of these increasingly important organizations have undermined their legitimacy and distracted members from their core agendas. This selection process and its flaws provide a central theme for the analysis and prescriptions presented in this study, which focuses on the major international financial institutions (IFIs) and other global and regional multilaterals. Miles Kahler looks at the sources of conflict and presents recommendations for reform: in the short run, changes in the process, such as the use of search committees; in the long run, the dismantling of the US-European convention at the IFIs and changes in representation at the WTO. The author's diagnosis and policy recommendations have important implications for leadership selection in other regional and global organizations.
Henry Bernard Loewendahl scrutinizes the relationship between multinational companies, regional development, and governments, using a framework of bargaining between government and multinationals. He critically analyzes the role of foreign investment in economic development, and examines how governments can link inward investment to regional economic development. Based on extensive use of data, interviews and case studies of Siemens and Nissan's UK investment, the book shows why MNCs have invested in the UK in the past, how they bargained with the government, and what the impact was on the national and regional economies. In particular, through linking the strategy of multinationals to the location advantages of the UK, it is argued that labor flexibility and incentives were crucial to investment decisions. Loewendahl recommends a framework to integrate endogenous and exogenous approaches to developments; and proposes a greater role for the region and the EU to control incentives and monitor multinationals.
Privatization, with its ultimate objective of raising economic efficiency, has been central to the transformation of the economies of Eastern Europe and Russia. The perception of foreign direct investment in the privatization process of transitional economies is often shrouded in emotional prejudice and daily political needs and remote from rational economic considerations. Eastern Europe is no exception to this trend. This study identifies the presence of multinationals and their role in privatization in Eastern Europe. It binds together the current theoretical knowledge of foreign capital and privatization in transition economies with a close examination of the privatization policies and strategies in the Czech Republic, Hungary, Poland, Slovenia, Estonia and Russia.
This book combines a theoretical study of Japan's economic structures and multinational enterprises with an analysis of the contemporary multinational enterprise. Kensy assesses the value of the post-modern approach to understanding the New Economy, as well as Japanese society and culture. He analyses Japan's economic structure, interpreting its methods, strategies, and results in a postmodern context and surveys socio-economic development in Japan since the beginning of Westernization. He examines Japanese models for the transformation of society in the future, with particular reference to the Keiretzu.
Original essays identify the channels through which inward investment can affect host economies and shape the size and structure of industrialized economies over the last decade. Leading experts in international investment and the behavior of national and multinational firms combine innovative methodologies and firm-level data to evaluate the impact of inward investment on such issues as productivity, technology, and innovation. They compare UK developments to those experienced by French, Italian, German and US economies.
Based on a dissertation written for the University of Iowa in 1997 and several published articles on the subject. Discusses the entire history and practice of advertising in China, dating back to the beginning of the 20th century and the first booms in the 1920s and 1930s. Also discusses modern Chinese advertising in depth.
Branded a "cultural Chernobyl" and the "tragic kingdom," the Euro Disney Resort has been on its own thrill ride since opening in 1992. The much publicized version of the Magic Kingdom gave Europeans alcohol-free "mocktails," surly employees, even colors too muted for the Disney image. Facing financial disaster, was it any wonder that Disney execs found themselves wishing upon a star for answers? After so many knee-jerk criticisms of Euro Disney, this book combines firsthand experience and research to shed new light on claims that the park is nothing more than a form of American cultural imperialism. Andrew Lainsbury, a former Euro Disney employee who knows what the park meant to its visitors, goes beyond media bites and academic scorn to examine Europe's love/hate relationship with Euro Disneyland and some of the undiscussed issues surrounding it. "Once Upon an American Dream" is a story of global capitalism on a grand scale. Lainsbury has plumbed company archives and interviewed key players to give readers the real view from Le Chateau de la Belle au Bois Dormant (Sleeping Beauty's Castle). He cracks open the Euro Disney controversy to reveal the park not as a tragic experiment in exporting American culture but the result of European efforts to import a popular form of American entertainment. Lainsbury tells how the Walt Disney Company came to build a European park and locate it in France, how political negotiations affected its design and development, how it was promoted to continental audiences, and what caused its widely publicized financial woes before being rescued by a real prince from Saudi Arabia. He reveals what it took to win back the hearts of skeptical Europeans-such as serving wine, selling flashy merchandise, and placating disgruntled workers. Finally, he looks into the magic mirror to speculate on the role of Euro Disney and the Walt Disney Company in the twenty-first century. Ultimately, Lainsbury shows that cultural imperialism is not an exclusively American phenomenon but a global corporate strategy--and that global corporatism, by needing to be responsive to consumers, is so complex that it may not be as monolithic as feared. "Once Upon an American Dream" is a fairy tale for our times, reminding us that, for all the critical huffing and puffing, the creation and marketing of pleasure is what Euro Disneyland is all about.
This text gathers together 13 articles that deal with the internationalization strategies of firms, effects of foreign investment on host countries, and host country policies vis-a-vis foreign multinationals. It illustrates how the behaviour of multinational firms and their effects on the host country are likely to differ between countries in a systematic manner, depending on the host country's economic policies and market conditions and provides an approach on how to look at multinational firms.
The Emergence and Impact of MNC Centres of Excellence explores an important new element in the development of the multinational corporation. Whilst previously the parent company was seen as the centre, and the foreign subsidiaries as the periphery, today, it is recognized that different subsidiaries have different roles, and are linked to each other in a complicated pattern. One crucial aspect of this is that some subsidiaries become 'centres of excellence' (COE) controlling resources on which other parts of the corporation depend for their operations. This book investigates the existence of COEs in different countries, examining why they emerge and analysing their impact on corporate strategy.
The effects of globalization strategies of multinational enterprises (MNEs) on national and local development are explored and analyzed here and implications of these effects for policy makers are highlighted. Containing contributions from international business scholars, the text addresses this previously little explored but critically important issue for the future of the world economy.
The fifth volume of the Academy of International Business Series concentrates on three crucial areas of International Business: organizational issues across multinational enterprises, international market entry strategy and emerging markets. It examines theory and practice in parent-subsidiary relationships, in host country and MNE interactions, and in the organizational response of international business to dynamics in the global economy.
Throughout the world, languages differ, but the business questions are the same. In French and Japanese, Hebrew and English, executives are asking, "How can I survive and thrive in the borderless, global marketplace?" For answers, the authors of Global Literacies went straight to the leaders themselves -- the CEOs of thousands of corporations around the globe. Two lessons emerged. First, there are leadership universals that every executive and manager needs to practice in order to be world-class at home and abroad. The second defied conventional wisdom: in the borderless economy, culture doesn't matter less, it matters more. Around the world, business leaders apply their own experiences -- personal, professional, and cultural -- to an ever-expanding world of Dutch colleagues, Brazilian suppliers, Taiwanese manufacturers, and Chinese competitors. These leaders are trying to become globally literate...and Global Literacies is for, and about, them. No one knows this better than CEOs of successful global companies such as Japan's Canon, Sweden's Ericsson, Taiwan's Acer Computers, the U.K.'s British Telecommunications, and U.S.-based Coca-Cola. In Global Literacies, a team of researchers led by Robert Rosen, Ph.D., of Healthy Companies International, and Watson Wyatt Worldwide have produced the first model of international business success based on a wide-ranging landmark study of global leaders and their world-class companies. Global Literacies documents the exclusive results of a worldwide survey of over one thousand senior executives and in-depth interviews with CEOs of seventy-eight companies -- companies representing 3.5 million employees in more than 200 countries, and with more than $725 billion in annual sales. Global Literacies offers compelling new insights and business tools: The Global Leadership Universals Learn the new literacies of business: * Personal Literacy -- understanding and valuing yourself The Global Success Quotient Learn which are the most globally active, financially successful companies -- and countries -- in the world, understand how they got there, and apply those learnings to your own organization. The Cultures of Twenty-first-Century Business Develop ways to see global challenges and opportunities, think with an international mindset, act with fresh global-centric leadership behaviors, and mobilize world-class companies -- whether you're a multinational giant, a domestic manufacturer, or a local community organization. National Profiles With sophisticated profiles of thirty countries, and survey data from eighteen national cultures -- from the Tolerant Traders of the Netherlands to China's Ancient Modernizers and the Optimistic Entrepreneurs of the United States, Global Literacies is a groundbreaking and fascinating work on the most important issues in the world of business today.
This is the first book to specifically address the subsidiary development process--a phenomenon by which multinational company subsidiaries enhance their resources and capabilities. It shows how this process is integral to multinational corporate evolution, which is largely driven by changes in subsidiaries and their development. It also illustrates how the trend towards greater international dispersal of value-adding activities has impacted on this process and on multinational evolution as a whole.
This volume encompasses the latest thinking on international business strategy and organization. It spans topics ranging from the influence of national culture on international business strategies, to the reorganization of corporate strategies in the context of the European single market. It represents an international coverage of the leading edge research findings in this area.
This fourth volume in the Academy of International Business Series examines three main areas of internationalization: the internationalization process; competitive advantage in an international context; and international business in emerging markets. The cohesive theme threading through the chapters comprises the twin objectives of assessing the current state-of-the-art research into international business phenomena and looking forward to emerging research themes for the new milennium.
Multinational companies have learnt through experience that cultural differences can be very damaging in terms of failed initiatives, lost contracts, high employee turnover and low morale. Research shows that 20 to 50 per cent of managers posted abroad fail and have to return home prematurely. "The Culture Factor" examines why it is that cultural differences engender such difficulties and looks at the different kinds of cultural costs. Through identifying the organizational processes that lead to "cultural problems", the book shows in a practical way how business can manage cultural difference more effectively.
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.
In order to capture the complex interaction among multinationals, development strategies and class alliances as well as their impacts on development Alschuler offers a new conceptual framework which incorporates features of dependency theory and world system analysis. This study in comparative political economy compares Argentina, the Ivory Coast and Korea to assess the adequacy of current development theories and to assess current controversies over development policies.
Multinationals are increasingly taking internationalised approaches to the ways in which they generate new knowledge and develop innovative new products from it in the pursuit of global competitiveness. These new perspectives in MNEs' technological behaviour open up important additional possibilities for those countries that play host to operations of these companies. This book analyses in detail the new dimensions in MNEs' approach to global competitiveness and the role played in this by overseas R & D units, and discusses the implications of this for host countries' growth and welfare.
Japanese Multinationals in the Global Economy goes beyond traditional methods of research in international business by providing new simple data comparisons on the global operations of Japanese firms. A key aim of this book is to encourage other researchers to explore a new data source and expand and shape their own studies on multinationals. This book will be a significant addition to the debate on the behaviour of multinational firms because it avoids the problems and restrictions involved using national government data and individual case studies. The book presents key information based on the most extensive samples of multinationals at the subsidiary level using both cross sectional data and data over time. The authors provide a direct comparison of US subsidiaries, using the established Harvard Multinational Enterprise database, and Japanese subsidiaries, using the much less well-known Toyo Keizai annual data. Key features include: * a summary description of the Toyo Keizai database * comparisons of Japanese and US multinationals based on the dates the subsidiaries entered the parent's system, annual sales levels and the equity level of the subsidiary * the data includes employment levels, expatriate management, ownership patterns and joint venture ownership structures * new data on the performance of Japanese subsidiaries is measured using several dimensions and illustrates important recent trends After each data set the authors briefly discuss the information available pointing the way for new research and more in-depth analysis. This book will be a vital source for international business researchers and corporate managers as well as government agencies and international organizations concerned with multinational enterprises, trade theory and business strategy, international economics, organizational behaviour and business history.
In their analysis of how a consumption tax would affect investment choices by multinational corporations, the authors of this text consider capital inflows into the US and the likely consequences of a simplification of the taxation of international transactions. |
You may like...
Multinational Firms and International…
Peter J Buckley, Jean-Louis Mucchielli
Hardcover
R3,302
Discovery Miles 33 020
The New Economic Analysis of…
Thomas L. Brewer, Stephen Young, …
Hardcover
R2,848
Discovery Miles 28 480
Multinational Enterprises and the Global…
John H. Dunning, Sarianna M. Lundan
Paperback
R1,798
Discovery Miles 17 980
MNCs in Global Politics - Pathways of…
John Mikler, Karsten Ronit
Hardcover
R2,971
Discovery Miles 29 710
|