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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Multinationals
"International 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.
The text takes an interactive approach to exploring this
knowledge challenge. Each chapter consists of three parts: - In addition, the closing chapter contains a discussion of four
particular challenges facing multinational companies in the coming
decade, illustrated through a series of readings.
As well as a wide range of multinational companies, the text
spans a variety of national settings and draws upon contributors
based in a diverse range of countries. Countries featured directly
include China, Denmark, Finland, France, India, Ireland, Norway,
Russia, Sweden, Switzerland, the United Kingdom and the USA.
Foreword by Ralph Nader. In Corporation Nation Derber addresses the unchecked power of today’s corporations to shape the way we work, earn, buy, sell, and think—the very way we live. Huge, far-reaching mergers are now commonplace, downsizing is rampant, and our lines of communication, news and entertainment media, jobs, and savings are increasingly controlled by a handful of global—and unaccountable—conglomerates. We are, in effect, losing our financial and emotional security, depending more than ever on the whim of these corporations. But it doesn’t have to be this way, as this book makes clear. Just as the original Populist movement of the nineteenth century helped dethrone the robber barons, Derber contends that a new, positive populism can help the U.S. workforce regain its self-control.
Culture may not be the only factor to affect organizational structure. Size, strategic location, the industrial climate, the complexity of the task in hand and the kind of technology used all exert an influence and profoundly affect the relations between members of an organization. Managers therefore have to contend with weighing culture against other variables when trying to implement organizational structure.If culture is but one among a range of factors, then why are cross-cultural management skills so important? Mead crisply answers this question at the outset and his views may be summarized as follows. Today's business world is global and therefore firms are forced to establish branches and subsidiaries outside their national boundaries. Managers have to deal with people from other cultures, and it is imperative that they develop the ability to interact with individuals who have different cultural priorities. Effective cross-cultural management increasingly means working with people from different cultures and learning to tolerate differences when devising shared priorities.In today's economic climate, market forces appear to have an increasingly anthropological dimension. The ethnocentric manager, for example, who is unable or unwilling to deal with members of other cultures has fewer career opportunities. To accommodate these changes management schools are giving increasing priority to teaching cross-cultural management skills. International Management combines theory and practice, and includes a variety of exercises to enable students to apply general concepts to specific situations.Mead acknowledges the difficulty in providing a single definition of culture, but does not duckthe issue. Instead he provides a succinct account of the sociological and anthropological positions before moving on to the management literature. This publication deserves a warm welcome because it acknowledges the contribution made by anthropologists to the understanding of culture. As Richard Mead demonstrates, there is clearly a great deal of scope for making more use of anthropological insights in clarifying the role of culture in international management. The book is aimed at students and has been written with admirable clarity, and should be of value to anyone involved in teaching applied social sciences.
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.
Fortune called Asea Brown Boveri, the giant multinational corporation created in 1987, "the most successful cross-border merger since Royal Dutch linked up with Britain's Shell in 1907." The coming together of two longtime national champions in the electrotechnical industry, Sweden's ASEA and Switzerland's Brown Boveri, marked the birth of a company with truly global aspirations, one whose apparent genius for combining strong central planning with local autonomy for its plants has made it a trendsetter. An international team of reseachers assesses the dynamic interplay of the forces of convergence and diversity present in ABB. Together they examine the actual workings of this multinational in order to learn to what degree the corporate strategies are achieved in its plants. Based on a multilevel organizational study, their book compares seven plants in six countries on three continents.
"International Business and Society" is the first text to explore
the breadth of business and society topics - corporate social
performance, business ethics, business-government relations,
stakeholder management, and issues management/public affairs -
within the broader context of the international environment. The book takes knowledge and understanding developed within uni-societal studies of business and society and extends the frame of reference to the international arena. To facilitate this exploration, the authors offer many new frameworks and conceptualizations such as the "institutional ideological model" and "stakeholder power bases" while they continue to address the more conventional topics of the field.
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.
Does work in multinational enterprises give women in developing countries an opportunity to free themselves from the restrictions of existing social structures? Information from 30 developing countries is analysed to provide examples of the situation of women workers in multinational enterprises in the Third World today with respect to wages, hours and conditions of work, fringe benefis, labour relations and quality of life. This report has been prepared jointly by the United Nations Centre on Transnational Corporations and the Bureau of Multinational Enterprises of the International Labour Office.
This collection of essays addresses the vital question of how much the theory of direct foreign investment - developed a decade ago before many drastic changes took place on the international economic scene - still holds. Grouped in five major sections, they cover The Theory of Direct Foreign Investment; Industrial Organization and International Markets; Country Studies; International Finance; and Implications for the United States.Charles P. Kindleberger is Ford International Professor of Economics, Emeritus, at MIT. David B. Audretsch is Assistant Professor of Economics at Middlebury College.
In Cross-Cultural Management, the author takes a critical, power-sensitive and culturally-aware perspective that moves beyond the paradigms debate, placing greater emphasis on the holistic nature of culture and its managerial consequences and taking into account the diversity and multiple identities apparent in cross-cultural management. Conceived by Chris Grey as an antidote to conventional textbooks, each book in the 'Very Short, Fairly Interesting and Reasonably Cheap' series takes a core area of the curriculum and turns it on its head by providing a critical and sophisticated overview of the key issues and debates in an informal, conversational and often humorous way. Suitable for students of cross-cultural management, human resource management or workplace diversity and professionals working in organizations and intercultural training.
Ecuador is the third-largest foreign supplier of crude oil to the western United States. As the source of this oil, the Ecuadorian Amazon has borne the far-reaching social and environmental consequences of a growing U.S. demand for petroleum and the dynamics of economic globalization it necessitates. Crude Chronicles traces the emergence during the 1990s of a highly organized indigenous movement and its struggles against a U.S. oil company and Ecuadorian neoliberal policies. Against the backdrop of mounting government attempts to privatize and liberalize the national economy, Suzana Sawyer shows how neoliberal reforms in Ecuador led to a crisis of governance, accountability, and representation that spurred one of twentieth-century Latin America's strongest indigenous movements.Through her rich ethnography of indigenous marches, demonstrations, occupations, and negotiations, Sawyer tracks the growing sophistication of indigenous politics as Indians subverted, re-deployed, and, at times, capitulated to the dictates and desires of a transnational neoliberal logic. At the same time, she follows the multiple maneuvers and discourses that the multinational corporation and the Ecuadorian state used to circumscribe and contain indigenous opposition. Ultimately, Sawyer reveals that indigenous struggles over land and oil operations in Ecuador were as much about reconfiguring national and transnational inequality-that is, rupturing the silence around racial injustice, exacting spaces of accountability, and rewriting narratives of national belonging-as they were about the material use and extraction of rain-forest resources.
In this new edition of a successful textbook the authors assess the turbulent environment in which international businesses operate and the approaches to strategy formulation and implementation which can be adopted. They also examine the functional and operational management of companies and fuse together the theoretical and empirical aspects of international management. New material includes coverage of leadership in transnational companies, cultural issues in international management, entrepreneurship and SMEs in global business, the impact of e-commerce, and the anti-globalization movement.
Inpatriates 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.
Is culture fixed and immutable, or is it emergent and changing? This is a question that has taken on growing importance in light of the culturally diverse and dynamic workplace realities that have resulted from increasing globalisation. It is also a topic that is in hot debate in international cross-cultural management (ICCM) research, in management and organisation studies in general, and in other disciplines. This book moves beyond the conventional dichotomous thinking of viewing culture either as fixed and immutable or dynamic and "in the making", and aims to develop a conceptualisation of culture that includes both a stable and a changing element. This book is based on empirical research on culture emergence in Sino-Western international cross-cultural management (SW-ICCM) contexts in China. Data have been collected by semi-structured interviews of Chinese and Western expatriates working in SW-ICCM contexts in China. Data analysis has led to the formulation of a grounded theory that views culture as comprising three cognitive components, Values, Expectations, and Ad Hoc Rules, which differ in time-space in their mutual shaping with behaviour, ranging from the enduring/universal, to the intermediate/context-specific, to the temporal/occasion-specific.
The tax rules of the United States and other countries have intended and unintended effects on the operations of multinational corporations, influencing everything from the formation and allocation of capital to competitive strategies. The growing importance of international business has led economists to reconsider whether current systems of taxing international income are viable in a world of significant capital market integration and global commercial competition. This volume examines the effect of tax policy on international investment choices by presenting in-depth analyses of the interaction of international tax rules and the investment decisions of multinational enterprises. Ten papers assess the role of investment by multinational firms in the U.S. economy and the design of international tax rules for multinational investment; analyze channels through which international tax rules affect the costs of international business activities; and examine ways in which international tax rules affect financing decisions of multinational firms. As a group, the papers demonstrate that international tax rules have significant effects on firms' investment and other financing decisions. This state-of-the-art volume will be of interest to researchers in public finance and international economics and to policymakers concerned with tax policy and international investment issues.
In the increasingly global business environment of the 1990s, policymakers and executives of multinational corporations must make informed decisions based on a sound knowledge of U.S. and foreign tax policy. Written for a nontechnical audience, Taxing Multinational Corporations summarizes up-to-the-minute research on the structure and effects of tax policies. The book covers such practical issues as the impact of tax law on U.S. competitiveness, the volume and location of research and development spending, the extent of foreign direct investment, and the financial practices of multinational companies. In ten succinct chapters, the book documents the channels through which tax policy in the United States and abroad affects plant and equipment investments, spending on research and development, the cost of debt and equity finance, and dividend repatriations by United States subsidiaries. It also discusses the impact of U.S. firms' outbound foreign investment on domestic and foreign economies. Especially useful to non-specialists is an appendix that summarizes current United States rules for taxing international income. The findings of this volume will be of immediate value to executives, lawyers, accountants, and all who seek a concise, thorough overview of international taxation. It is also of long-term value to scholars and policymakers as they debate reforms of international tax rules in the United States and elsewhere.
Capitalist growth is widely heralded as the only answer to the crisis still sweeping the global economy. Yet the era of corporate globalisation has been defined by unprecedented levels of inequality and environmental degradation. A return to capitalist growth threatens to exacerbate these problems, not solve them. In The Poverty of Capitalism, John Hilary reveals the true face of transnational capital in its insatiable drive for expansion and accumulation. He exposes the myth of 'corporate social responsibility' (CSR), and highlights key areas of conflict over natural resources, labour rights and food sovereignty. Hilary also describes the growing popular resistance to corporate power, as well as the new social movements seeking to develop alternatives to capitalism itself. This book will be essential reading for all those concerned with global justice, human rights and equity in the world order.
Praise for "THE NEW EMERGING-MARKET MULTINATIONALS" One of "Strategy and Business"'s Best Business Books of the Year "This book is a real eye-opener. It will forever change your
assumptions about international economic competition and who the
winners will be." "An insightful read--essential for those wishing to understand
the evolution and growth of emerging-economy EMNCs and how they
will reshape global market structures." "As this timely book so insightfully points out, the rise of
emerging-market multinationals is shifting the global competitive
landscape and forcing us to think hard about new growth, strategy,
and talent equations. A must-read for business leaders responsible
for navigating today's global environment. "This book offers an array of fascinating examples and an
interesting framework for stimulating thinking about EMNCs'
strategic options." "A must-read. The book is well researched and provides
compelling case illustrations. I highly recommend it." "This is the future of global competition. You need to
understand it if you aspire to be a player or if global markets are
now a part of your strategy." "This book gives a clear idea of the success formula of
emerging-market multinationals by showing practical insights based
on a deep understanding of EMNCs. This will help readers from any
type of company structure their own growth strategies." "An excellent collection of ideas and examples that should
inspire companies in emerging markets looking to build brands and
markets anywhere." About the Book: "LG. HTC. Tata. Haier. Lenovo. Arcelik. Natura." From smartphones and computers to blue jeans and beer, companies from China, India, Taiwan, Mexico, Turkey, and other emerging markets are now winning leading market shares with their own-branded, high-quality products--rather than with poorly produced products sold under others' brand names. These emerging-market multinational companies (EMNCs) are giving the incumbent market leaders of North America, Western Europe, and Japan a run for their money in the areas of innovation, branding, and marketing. "How have these small, under-resourced businesses come so far so quickly? And what can you learn from their strategies and tactics?" Renowned experts in global branding and marketing, the authors of "The New Emerging-Market Multinationals "conducted an in-depth study of 39 EMNCs to reveal the innovative compete-from-below strategies and tactics fueling these companies' meteoric rise. The authors identify four strategies driving this growth: COST LEADERS leverage existing low-cost structures and large-scale volumes to extend their reach into developed markets. KNOWLEDGE LEVERAGERS tap their existing resources and knowledge of home consumers and the market to build branded businesses in other emerging markets. NICHE CUSTOMIZERS combine their cost advantages in manufacturing with newly developed low-cost R&D capabilities to develop customized niche-segment branded offerings in other emerging markets. GLOBAL BRAND BUILDERS use their low-cost manufacturing and R&D capabilities to build branded businesses in developed markets-- but limit their focus to specific products and segments through a process of focused innovation. Whether you run an EMNC or a developedmarket company, deep knowledge of the strategies outlined here is an absolute necessity for competing effectively now and in the future. Don't get caught off guard by the "new kids on the block"--because today's EMNCs are determined to be tomorrow's market leaders.
This book analyses the macro and microeconomic effects on a host economy in regards to the entry of foreign-owned companies (i.e., multinational enterprises MNEs). There is some controversy regarding the impact of MNEs, as can be seen in the active antiglobalisation movements. In addition, this book also makes use of an applied methodology, namely, computable general equilibrium (CGE) simulations, to provide quantitative outcomes and not just qualitative intuitions regarding how MNEs affect economies. CGEs are suitable to derive those results, but very few of them have considered the presence of MNEs. Thus, the CGE model with MNEs presented in this book offers a rather new approach to study the effects of MNEs.
In this timely book, Lee Tavis and Timothy Tavis contend that the values dimension of the actions of multinational firms is becoming increasingly important, given the worldwide integration of economies and peoples. The digital revolution has broadened the reach of globalization and created an informed society that demands higher standards of behavior from the business enterprise; at the same time, multinational corporations have gained power often comparable to that of the nation state, and global society is in need of widely accepted, enduring social and ethical standards. Tavis and Tavis argue that multinational firms must embrace an ethically pro-active stance in their own long-term interests. A strategy of supporting universal human rights, often in partnership with NGOs, offers the greatest potential for success. "Values-Based Multinational Management "provides an agenda for practical action, with special reference to the United Nations Universal Declaration of Human Rights and the United Nations Global Compact. It informs and addresses the values concerns of multinational business managers. It presents its examples and analyses in a clear and concise manner and will be of use both to practitioners in the business community and students and scholars of business ethics. ""Values-Based Multinational Management "employs a novel approach and a variety of perspectives that make it a very valuable addition to business ethics literature. This is excellent, helpful material that discusses an important way in which human rights may fit with globalization." --Timothy L. Fort, George Washington University "More and more business executives understand that society increasingly judges corporate performance through a broad social lens that includes ideas of corporate social responsibility and business ethics. They are now ready to position their firms to meet these requirements. This volume is a thoughtful discussion of the ways in which the United Nations Global Compact can serve this purpose through a long-term human rights strategy and, importantly, how that strategy can be implemented within the firm." --Georg Kell, UN Global Compact "This book underlines the fact that--despite the importance of institutional and social ethics--the individual ethics, if not virtue ethics, of corporate leaders remain central. Of highest importance is the authors' emphasis that no individuals--in whatever professional or personal role--can escape the fact that they are responsible for the outcome of their actions. It is to be hoped that this book revitalizes a facet of the debate on business ethics and corporate responsibility that has been neglected for too long." --Klaus M. Leisinger, Novartis Foundation for Sustainable Development
In a world focused on science and new technology, brands help to explain why several of the world's multinational corporations have little to do with either. Rather they are old firms with little critical investment in patents or copyrights. For these firms, the critical intellectual property is trademarks. Global Brands, first published in 2007, explains how the world's largest multinationals in alcoholic beverages achieved global leadership; considers the predominant corporate governance structures for such firms; and looks at why these firms form alliances with direct competitors. Brands also determine the waves of mergers and acquisitions in the beverage industry. Global Brands contrasts with existing studies by providing a new dimension to the literature on the growth of multinationals through the focus on brands, using an institutional and evolutionary approach based on original and published sources about the industry and the firms.
The Ivey Casebooks Series is a co-publishing partnership between SAGE Publications and the Richard Ivey School of Business at The University of Western Ontario. Due to their popularity in more than 60 countries, approximately 200 new cases are added to the Ivey School of Business library each year. Each of the casebooks comes equipped with instructor's resources on CD-ROM. These affordable collections will not only help students connect to real-world situations, but will benefit corporations seeking continued education in the field as well. Broadening the scope of environmental forces to a global rather than a domestic context leads to cross-country comparisons that add complexity to the subject matter, enrich analytical theories, and heighten the interest of students. Students gain an appreciation for the many ways in which environmental forces interact, creating a set of risks and opportunities that is unique in each country and that must be evaluated in formulating trade and investment decisions. Cases in the Environment of Business offers an outstanding collection of relevant, classroom-tested cases. In discussing the cases, students will participate in managerial decisions in an international context. Most cases deal with a variety of environmental forces, but generally a single set of forces plays a predominant role. The instructor's resources on CD-ROM includes detailed 6-10 page casenotes for each case, preparation questions for students to review before class, discussion questions, and suggested further readings. Cases in the Environment of Business addresses the following five sets of environmental forces: Industry Structure Responses to strategies of customers, suppliers, and competitors, ; dependence of profitability on unique value-added attributesand the shift of certain activities to low-wage countries Macroeconomic Variables Income levels and growth rates, foreign exchange rates, inflation rates, interest rates, and unemployment rates Political Variables Regulations, financial incentives, taxation, foreign investment restrictions, and international trade and investment agreements Societal Variables Labor and environmental practices, ethics, corporate social responsibility, boards of directors, and demographics Technological Variables Technological infrastructure and the pace and direction of technological changes, including, in particular, the Internet and e-business. The IVEY Casebook Series Cases in Business Ethics Cases in Entrepreneurship Cases in Gender & Diversity in Organizations Cases in Operations Management Cases in Organizational Behavior Cases in the Environment of Business Cases in Alliance Management Mergers and Acquisitions: Text and Cases
At a time when the gigantic transnationals have a huge impact on
human health, the environment, working conditions and the economic
prospects of nations, this book explores whether it is sufficient
to continue to rely on industry self-regulation alone. |
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