U.S. firms doing business in Germany are succeeding far better
than usually reported. Indeed, 14 of the top 1,700 American
companies with direct investment in Germany placed among the top
100 German industrial firms in sales in 1994, a fact that made big
news in Germany but was never mentioned in the U.S. press. Here
now, in one succinct, readable volume, is all of the vital
information that American companies, and companies elsewhere, will
need to enter and succeed in this lucrative German market.
Certainly there are drawbacks, but attorneys James A. Hart and
Dieter Schultze-Zeu make clear there are significant advantages as
well, and in certain important ways it may be even easier to do
business there than in other major industrial countries such as
Japan.
The authors look carefully at the scope of U.S.-German business,
and then compare the three economic superpowers -- Germany, Japan,
and the United States -- in terms of such variables as gross
domestic product, economic growth, and industrial production. They
review the political, economic, and social considerations that have
emerged from the unification of West and East Germany, and show
their effects on the ways in which business in Germany is now done.
They examine the principle methods of selling to Germany, the
impact of the German government and legal system on American
businesses. Then they discuss in detail specifics such as the legal
forms of business, Germany's accounting and tax laws, and laws
relating to product liability, anti-trust, labor, and social
security. Also covered are the German banking and accounting
systems, stock markets, and the presence of U.S. commercial banks
in Germany. Of special interest are case histories of several
important U.S. companies doing business there. An exceptionally
useful guide for corporate executives, attorneys, and a cogent
introduction to the German business environment for students,
researchers, and analysts in the academic community.
General
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