...., foreign exchange repatriation), political risk, poor corporate governance and tax burden consider...C. Y., & Back, H. Y. (1998). Systematic risk of the multinational corporation. Journal of ...
This paper reviews the theoretical rationale that has been advanced so far for a positive relationship between multinationality (ie international diversification) and performance. The researchers show that transaction cost/internalization theory implies no direct and general relationship between international diversification and performance. For example, it is quite possible that the assumptions made by TCI theories that an MNE's level of international diversification cannot remain suboptimal for long are too strong, and that systematic biases may cause more permanent deviations from the optimum level of international diversification. Hence managers with strong ethnocentric views may systematically under-invest abroad while excessive international diversification, on the other hand, may...
...'s international diversification to its riskiness, with the prediction that the more internationally...
... state sectors and programs more systematically into consideration. One should take the whole pict... of protecting against the social life-risk of 'sickness'". . Less generosity, more market-bas...
.... * The research draws on systematic comparative case studies of two large MNEs in the ... of innovations is easier and less risky in CMEs than in more arm's length ones such as LME...
As part of the GLOBE project, this paper explores the societal and the organizational culture of the Romanian finance industry as reflected by middle managers' opinion. The two culture levels are compared across nine cultural dimensions. The differences between the cultural manifestations (practices and values) are analyzed through comparing the middle managers' answers to "what is" and "what should be" type questions at organizational and societal levels. The findings show some significant differences for the majority of the cultural dimensions examined both between culture levels (organizational versus societal) and culture manifestations (practices versus values).
... and values like performance, attitude toward risk, respect paid to work and its outcomes, prevention... the ability to prevent crisis, lack a systematic planning activities, and rely on improvisation in ...
Capital Budgeting and Investment Analysis, by Alan C. Shapiro, is reviewed.
...accounting for the risk of misjudging net cash flows (Chapter 4) and captu... value as well as the relevance of systematic vs. total risk are subsequently illustrated on the...
... considerations than on any form of systematic planning. It is necessary to say that there is no ...
This paper addresses the question of why business ethics did not become a standard part of research and academic education in German-speaking countries until now. It traces this trend back to experiences of the dictatorship prior to World War II. Until the 1980s, Max Weber's concept of value-free scientific statements dominated the discipline. Since the mid-1980s, several positions and concepts of business ethics have been suggested, all of which failed to garner the acceptance of business ethics. Therefore, an alternative, analytical concept of business ethics is developed which separates between logical, empirical and normative dimensions of ethical problems.
... of an economy constitutes the systematic moral point of view. Problems of business ethics, ... of their goals and their acceptance of risk. The market competitors' freedom is one of the fun...
In this article, the authors examine the effect of the institutional environment on the mortality of overseas subsidiaries. They develop hypotheses to study the impact of political openness and social openness, two dimensions of the institutional environment and how joint venture status moderates these relationships. They test their hypotheses using a sample of 12,000+ Japanese overseas investments from 1986-1997 in 25 countries, using Cox hazard models. Their results suggest that the sociopolitical context has a strong influence on the mortality of overseas subsidiaries. They theorized a negative main effect for political and social openness and positive interaction effects with openness when the FDI is through a JV. The results are consistent with the hypotheses. However, political an...
...The political economy stream emphasizes the risk and complexity of investing in a country arising f...In this paper, we present a systematic study of the combined effects the IE and entry mod...
The human capital represented by corporate employees involved in the information and knowledge economy is becoming an increasingly central value-creating factor in global competition. However, in contrast to other value-creating factors, human capital is more difficult to measure, evaluate and manage. Due to human capital's great importance for economic value creation, a series of studies on human capital evaluation have been published during the last few years. This paper discusses why so many traditional evaluation methods are only partly appropriate for categorizing, analyzing and evaluating human capital's special characteristics. In particular, it is difficult for many traditional approaches to integrate notions of flexibility and options with regard to the human capital of compani...
..., the Saarbrücker-Formel systematically combines the advantages of traditional evaluation ... are not adequately incorporated even if risk adjusted discount rates are applied. That is becau...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. Alle Rechte vorbehalten.
vLex-Inhalte Deutschland
vLex durchsuchen
Für Berufstätige
Für Mitglieder
Andere interessante Suchvorgänge:
schweinefleisch dioxin | kraftwerk autobahn | interpol most wanted | OIE | buddhist beliefs | decreto regulamentar 63 91 | Ocupación ilegal | processed food products export from india | modelos contrato arrendamiento local comercial | libro diario simplificado
