Author: Katharina Kretschmer
Publisher: Springer Science & Business Media
ISBN: 3834999229
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Katharina Kretschmer contributes to the role typology research stream in international business. The book is highly relevant for management practice. Deep insights into the implications of subsidiary roles are displayed, and it is shown that role-specific subsidiary management is possible if not necessary. In the future, MNC managers could benefit even more when, instead of treating all their subsidiaries alike, approaching them differently – especially when evaluating their performance.
Performance Evaluation of Foreign Subsidiaries
Author: Katharina Kretschmer
Publisher: Springer Science & Business Media
ISBN: 3834999229
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Katharina Kretschmer contributes to the role typology research stream in international business. The book is highly relevant for management practice. Deep insights into the implications of subsidiary roles are displayed, and it is shown that role-specific subsidiary management is possible if not necessary. In the future, MNC managers could benefit even more when, instead of treating all their subsidiaries alike, approaching them differently – especially when evaluating their performance.
Publisher: Springer Science & Business Media
ISBN: 3834999229
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Katharina Kretschmer contributes to the role typology research stream in international business. The book is highly relevant for management practice. Deep insights into the implications of subsidiary roles are displayed, and it is shown that role-specific subsidiary management is possible if not necessary. In the future, MNC managers could benefit even more when, instead of treating all their subsidiaries alike, approaching them differently – especially when evaluating their performance.
Performance Evaluation of Foreign Subsidiaries
Author: Hendrik Vedder
Publisher: GRIN Verlag
ISBN: 3640230388
Category : Business & Economics
Languages : en
Pages : 62
Book Description
Seminar paper from the year 2008 in the subject Business economics - Controlling, grade: 1,7, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, course: Seminar Controlling, 28 entries in the bibliography, language: English, abstract: Long before the globalisation had become a buzz word and an impetus for companies to invest abroad, enterprises enlarged their "business playing field" into foreign countries for various reasons, such as to capture a new market, to secure resources, or to take advantage of local cost levels. Therefore, subsidiaries are heavily involved in the value creation process for and within multinational corporations (MNCs). However, despite the fact that the measurement of performance is crucial for globally active companies not only in steering the value creation for the MNC but also, for example, in fostering international expansion or guiding resource allocation, MNCs differ significantly in the extent to which they are aware of the performance of their subsidiaries. Due to the fact that strategic decisions regarding the global expansion of a MNC require a wide and clear information basis to be able to assess how successfully a foreign subsidiary has conducted its business or under what possibly unfavourable environmental conditions the business results were achieved, multinational enterprises have to implement a system for evaluating the performance of their foreign subsidiaries and their management. Therefore, this paper aims to analyse the central aspects to consider in the evaluation of the performance of foreign subsidiaries. This paper is divided into five chapters. After a short introduction to the theoretical background of performance evaluation in chapter 2, the paper continues in chapter 3 with the central issues of an effective performance evaluation system for foreign subsidiaries with a clear focus on the aspect of separating managerial and subsidiary performance. Then chapter 4 illustrate
Publisher: GRIN Verlag
ISBN: 3640230388
Category : Business & Economics
Languages : en
Pages : 62
Book Description
Seminar paper from the year 2008 in the subject Business economics - Controlling, grade: 1,7, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, course: Seminar Controlling, 28 entries in the bibliography, language: English, abstract: Long before the globalisation had become a buzz word and an impetus for companies to invest abroad, enterprises enlarged their "business playing field" into foreign countries for various reasons, such as to capture a new market, to secure resources, or to take advantage of local cost levels. Therefore, subsidiaries are heavily involved in the value creation process for and within multinational corporations (MNCs). However, despite the fact that the measurement of performance is crucial for globally active companies not only in steering the value creation for the MNC but also, for example, in fostering international expansion or guiding resource allocation, MNCs differ significantly in the extent to which they are aware of the performance of their subsidiaries. Due to the fact that strategic decisions regarding the global expansion of a MNC require a wide and clear information basis to be able to assess how successfully a foreign subsidiary has conducted its business or under what possibly unfavourable environmental conditions the business results were achieved, multinational enterprises have to implement a system for evaluating the performance of their foreign subsidiaries and their management. Therefore, this paper aims to analyse the central aspects to consider in the evaluation of the performance of foreign subsidiaries. This paper is divided into five chapters. After a short introduction to the theoretical background of performance evaluation in chapter 2, the paper continues in chapter 3 with the central issues of an effective performance evaluation system for foreign subsidiaries with a clear focus on the aspect of separating managerial and subsidiary performance. Then chapter 4 illustrate
Managing Multinationals in the Middle East
Author: Wagdy M. Abdallah
Publisher: Bloomsbury Publishing USA
ISBN: 031300434X
Category : Business & Economics
Languages : en
Pages : 289
Book Description
This comprehensive analysis discusses how American and non-American multinational corporations (MNCs) can plan, manage, and control their business activities and invest in four selected Middle East countries: Egypt, Kuwait, Jordan, Saudi Arabaia—and as a special unique feature, a fifth country, Israel. Abdallah covers in detail the tax systems and regulations and their effect on business in the Middle East. He looks at the future of the business environment and its effect on accounting in the Middle East during the first decades of the new century, and examines the role of different local and international organizations that are helping to make the Middle East an excellent place to do business. Combining the Arab countries with Israel into a single volume, and writing in a remarkably clear style, Abadallah offers practical guidelines for Americans and other MNCs, potential international investors, large accounting firms, and even Middle East governments themselves. He helps businesses conduct feasibility studies for joint venture startups in the Middle East countries covered; helps MNCs manage their business more effectively and avoid conflicts with governments or cultural attitudes; offers managers and officers an understanding of Middle East environmental factors that may significantly affect their businesses; helps MNCs evaluate the performance of Middle East subsidiary managers; helps MNCs develop strategic transfer pricing policies that fit Middle East countries and which go according to accounting systems and practices there as well as in their home countries; and goes deeply into the accounting systems and practices of the countries under analysis here and compares them with both U.S. Generally Accepted Accounting Principles and International Accounting Standards. This volume is of special value to corporate executives in or planning to enter the Middle East market, graduate students, and teachers of international business and accounting, and practicing accountants with Middle East clients (or who seek to acquire them).
Publisher: Bloomsbury Publishing USA
ISBN: 031300434X
Category : Business & Economics
Languages : en
Pages : 289
Book Description
This comprehensive analysis discusses how American and non-American multinational corporations (MNCs) can plan, manage, and control their business activities and invest in four selected Middle East countries: Egypt, Kuwait, Jordan, Saudi Arabaia—and as a special unique feature, a fifth country, Israel. Abdallah covers in detail the tax systems and regulations and their effect on business in the Middle East. He looks at the future of the business environment and its effect on accounting in the Middle East during the first decades of the new century, and examines the role of different local and international organizations that are helping to make the Middle East an excellent place to do business. Combining the Arab countries with Israel into a single volume, and writing in a remarkably clear style, Abadallah offers practical guidelines for Americans and other MNCs, potential international investors, large accounting firms, and even Middle East governments themselves. He helps businesses conduct feasibility studies for joint venture startups in the Middle East countries covered; helps MNCs manage their business more effectively and avoid conflicts with governments or cultural attitudes; offers managers and officers an understanding of Middle East environmental factors that may significantly affect their businesses; helps MNCs evaluate the performance of Middle East subsidiary managers; helps MNCs develop strategic transfer pricing policies that fit Middle East countries and which go according to accounting systems and practices there as well as in their home countries; and goes deeply into the accounting systems and practices of the countries under analysis here and compares them with both U.S. Generally Accepted Accounting Principles and International Accounting Standards. This volume is of special value to corporate executives in or planning to enter the Middle East market, graduate students, and teachers of international business and accounting, and practicing accountants with Middle East clients (or who seek to acquire them).
International Management Accounting In Japan: Current Status Of Electronics Companies
Author: Kanji Miyamoto
Publisher: World Scientific
ISBN: 9814472220
Category : Business & Economics
Languages : en
Pages : 178
Book Description
In the interests of globalization, many companies today are establishing theories and practices for international management accounting. This book discusses the current status of international management accounting in Japan through interviews with three major electronics companies. By tracing the history of the business expansion of the three companies, as well as their transition of strategies and accompanying organizational structure, key features and details of international management accounting are faithfully described. The book is divided into two parts. Part I describes general concepts of international management accounting in global companies, while Part II analyzes the experiences of three leading electronics companies — Matsushita, Sharp and Sanyo — in international management accounting. Written in a scholarly yet accessible manner, this book will benefit both academics and industry professionals practising in the field./a
Publisher: World Scientific
ISBN: 9814472220
Category : Business & Economics
Languages : en
Pages : 178
Book Description
In the interests of globalization, many companies today are establishing theories and practices for international management accounting. This book discusses the current status of international management accounting in Japan through interviews with three major electronics companies. By tracing the history of the business expansion of the three companies, as well as their transition of strategies and accompanying organizational structure, key features and details of international management accounting are faithfully described. The book is divided into two parts. Part I describes general concepts of international management accounting in global companies, while Part II analyzes the experiences of three leading electronics companies — Matsushita, Sharp and Sanyo — in international management accounting. Written in a scholarly yet accessible manner, this book will benefit both academics and industry professionals practising in the field./a
Performance Evaluation of Foreign Subsidiaries
Author: Stefan Schmid
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
During recent years, the literature on the international dimension of business has grown. In particular, the literature on headquarters-subsidiary relationships has expanded. This paper aims to review the literature on performance evaluation and elaborate an integrative contingency framework. This contingency framework helps to clarify the concept of performance evaluation and to classify existing contributions. Furthermore, the framework serves as a tool to identify potential influencing factors on performance evaluation at corporate and at subsidiary level. By reviewing existing studies, the paper analyses the impact of these influencing factors on performance evaluation and reveals mostly contradictory results or no significant impact at all. Based on the findings, more research outside the classical tradition of contingency approaches is suggested.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
During recent years, the literature on the international dimension of business has grown. In particular, the literature on headquarters-subsidiary relationships has expanded. This paper aims to review the literature on performance evaluation and elaborate an integrative contingency framework. This contingency framework helps to clarify the concept of performance evaluation and to classify existing contributions. Furthermore, the framework serves as a tool to identify potential influencing factors on performance evaluation at corporate and at subsidiary level. By reviewing existing studies, the paper analyses the impact of these influencing factors on performance evaluation and reveals mostly contradictory results or no significant impact at all. Based on the findings, more research outside the classical tradition of contingency approaches is suggested.
Critical Concerns in Transfer Pricing and Practice
Author: Wagdy M. Abdallah
Publisher: Bloomsbury Publishing USA
ISBN: 0313053685
Category : Business & Economics
Languages : en
Pages : 272
Book Description
For multinational corporations (MNCs), there is arguably no more important operational function that affects all areas of manufacturing, marketing, management, and finance as international transfer pricing—the practicing of supplying products or services across borders from one part of the organization to another. Its complexity is compounded by the impact of e-commerce, speeding the flow of goods and services; intangible assets, such as intellectual property, whose value is difficult to quantify; and the activites of policymakers around the world to update their tax laws and regulations, in efforts to close loopholes that have historically encouraged tax avoidance. In Critical Concerns in Transfer Pricing Policy and Practice, Wagdy Abdallah provides an in-depth overview of these recent trends and developments, and considers their implications for the management of MNCs. In particular, he discusses methods for pricing transferred goods and services in the e-commerce era and analyzes the most recent regulation reforms in such countries as Germany, Mexico, Japan, Canada, the United Kingdom, the United States, and the Netherlands. Anticipating increased scrutiny of MNC transfer pricing practices from governments and other external stakeholders, Abdallah outlines a set of practical recommendations for creating a successful transfer pricing system that maximizes value for the company while remaining sensitive to local policies in all of the countries in which it operates.
Publisher: Bloomsbury Publishing USA
ISBN: 0313053685
Category : Business & Economics
Languages : en
Pages : 272
Book Description
For multinational corporations (MNCs), there is arguably no more important operational function that affects all areas of manufacturing, marketing, management, and finance as international transfer pricing—the practicing of supplying products or services across borders from one part of the organization to another. Its complexity is compounded by the impact of e-commerce, speeding the flow of goods and services; intangible assets, such as intellectual property, whose value is difficult to quantify; and the activites of policymakers around the world to update their tax laws and regulations, in efforts to close loopholes that have historically encouraged tax avoidance. In Critical Concerns in Transfer Pricing Policy and Practice, Wagdy Abdallah provides an in-depth overview of these recent trends and developments, and considers their implications for the management of MNCs. In particular, he discusses methods for pricing transferred goods and services in the e-commerce era and analyzes the most recent regulation reforms in such countries as Germany, Mexico, Japan, Canada, the United Kingdom, the United States, and the Netherlands. Anticipating increased scrutiny of MNC transfer pricing practices from governments and other external stakeholders, Abdallah outlines a set of practical recommendations for creating a successful transfer pricing system that maximizes value for the company while remaining sensitive to local policies in all of the countries in which it operates.
Relationships between Foreign Subsidiaries
Author: Julia Maurer
Publisher: Springer Science & Business Media
ISBN: 3834970409
Category : Business & Economics
Languages : en
Pages : 374
Book Description
Julia Maurer offers the first comprehensive conceptual and empirical approach to the relationships between foreign subsidiaries. She develops a novel framework for the analysis of intersubsidiary relationships and applies it to the large-scale plant engineering industry. The empirical study confirms that an MNC`s strategic orientation has a considerable impact on its intersubsidiary relationships.
Publisher: Springer Science & Business Media
ISBN: 3834970409
Category : Business & Economics
Languages : en
Pages : 374
Book Description
Julia Maurer offers the first comprehensive conceptual and empirical approach to the relationships between foreign subsidiaries. She develops a novel framework for the analysis of intersubsidiary relationships and applies it to the large-scale plant engineering industry. The empirical study confirms that an MNC`s strategic orientation has a considerable impact on its intersubsidiary relationships.
The Portable MBA in Finance and Accounting
Author: John Leslie Livingstone
Publisher: John Wiley & Sons
ISBN: 0471168564
Category : Business & Economics
Languages : en
Pages : 672
Book Description
The Portable MBA in Finance and Accounting erzielte die zweithöchsten Verkaufszahlen (über 80.000 Exemplare) in der PMBA-Serie. Dieses Thema ist ein Dauerbrenner; auch erfahrene Manager oder MBAs möchten gerne ihr Finanzwissen auffrischen. Für Leser ohne wirtschaftliche Erfahrung oder Vorkenntnisse bietet dieses Buch ausgezeichnete Materialien zu den Grundlagen des Finanzwesens und der Rechnungslegung. In der modernen Geschäftswelt sind Finanzwissen und fundierte Fähigkeiten im Bereich Budgetierung und Finanzplanung wichtiger denn je. Die dritte Auflage wurde gründlich aktualisiert und enthält fünf neue bzw. radikal überarbeitete Kapitel: Interpretation von Bilanzen, Informationstechnologie im Finanzbereich, Investitionsplanung, Informationstechnologie und das Unternehmen und Unternehmensbewertung. Vier Kapital wurden gründlich überarbeitet: Kosten-Umsatz-Gewinn-Analyse, Prognosen und Budgetierung, Produktivitätsmessung und Geschäftsplan (Business Plan). Neun Kapitel wurden durch kleinere Anpassungen aktualisiert: Analyse von Geschäftsergebnissen, Activity-Based-Costing, Wahl einer Gesellschaftsform, Steuern und Geschäftsentscheidungen, Globale Geschäftstätigkeit, Management von Finanzrisiken, Börsengang, Gesellschaftsorgane und profitables Wachstum durch Akquisitionen.
Publisher: John Wiley & Sons
ISBN: 0471168564
Category : Business & Economics
Languages : en
Pages : 672
Book Description
The Portable MBA in Finance and Accounting erzielte die zweithöchsten Verkaufszahlen (über 80.000 Exemplare) in der PMBA-Serie. Dieses Thema ist ein Dauerbrenner; auch erfahrene Manager oder MBAs möchten gerne ihr Finanzwissen auffrischen. Für Leser ohne wirtschaftliche Erfahrung oder Vorkenntnisse bietet dieses Buch ausgezeichnete Materialien zu den Grundlagen des Finanzwesens und der Rechnungslegung. In der modernen Geschäftswelt sind Finanzwissen und fundierte Fähigkeiten im Bereich Budgetierung und Finanzplanung wichtiger denn je. Die dritte Auflage wurde gründlich aktualisiert und enthält fünf neue bzw. radikal überarbeitete Kapitel: Interpretation von Bilanzen, Informationstechnologie im Finanzbereich, Investitionsplanung, Informationstechnologie und das Unternehmen und Unternehmensbewertung. Vier Kapital wurden gründlich überarbeitet: Kosten-Umsatz-Gewinn-Analyse, Prognosen und Budgetierung, Produktivitätsmessung und Geschäftsplan (Business Plan). Neun Kapitel wurden durch kleinere Anpassungen aktualisiert: Analyse von Geschäftsergebnissen, Activity-Based-Costing, Wahl einer Gesellschaftsform, Steuern und Geschäftsentscheidungen, Globale Geschäftstätigkeit, Management von Finanzrisiken, Börsengang, Gesellschaftsorgane und profitables Wachstum durch Akquisitionen.
Ebook: International Accounting
Author: Timothy Doupnik
Publisher: McGraw Hill
ISBN: 0077171993
Category : Business & Economics
Languages : en
Pages : 802
Book Description
The Fourth Edition of International Accounting provides an overview of the broadly defined area of international accounting, but also focuses on the accounting issues related to international business activities and foreign operations. This edition also includes substantially updated coverage of the International Accounting Standards Board (IASB) and International Financial Reporting Standards (IFRS). The unique benefits of this textbook include its up-to-date coverage of relevant material, extensive numerical examples provided in most chapters, two chapters devoted to the application of International Financial Reporting Standards (IFRS), and coverage of nontraditional but important topics such as strategic accounting issues of multinational companies, international corporate governance, and corporate social responsibility reporting.
Publisher: McGraw Hill
ISBN: 0077171993
Category : Business & Economics
Languages : en
Pages : 802
Book Description
The Fourth Edition of International Accounting provides an overview of the broadly defined area of international accounting, but also focuses on the accounting issues related to international business activities and foreign operations. This edition also includes substantially updated coverage of the International Accounting Standards Board (IASB) and International Financial Reporting Standards (IFRS). The unique benefits of this textbook include its up-to-date coverage of relevant material, extensive numerical examples provided in most chapters, two chapters devoted to the application of International Financial Reporting Standards (IFRS), and coverage of nontraditional but important topics such as strategic accounting issues of multinational companies, international corporate governance, and corporate social responsibility reporting.
Global Corporate Finance
Author: Kenneth A. Kim
Publisher: World Scientific
ISBN: 9814335827
Category : Business & Economics
Languages : en
Pages : 435
Book Description
Global Corporate Finance: A Focused Approach introduces students to basic principles of international corporate finance. The book stresses practical applications in a user-friendly format. It is suitable for both undergraduate and graduate level courses in international finance, and can be used in any part of the world as it does take a nationalistic viewpoint. This self-contained book combines theory and applications. Students will be exposed to key tools and techniques of global corporate finance without a complex treatment of theoretical financial concepts. A test bank and powerpoint slides are available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].
Publisher: World Scientific
ISBN: 9814335827
Category : Business & Economics
Languages : en
Pages : 435
Book Description
Global Corporate Finance: A Focused Approach introduces students to basic principles of international corporate finance. The book stresses practical applications in a user-friendly format. It is suitable for both undergraduate and graduate level courses in international finance, and can be used in any part of the world as it does take a nationalistic viewpoint. This self-contained book combines theory and applications. Students will be exposed to key tools and techniques of global corporate finance without a complex treatment of theoretical financial concepts. A test bank and powerpoint slides are available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].