scholarly journals THE IMPACT OF THE BREXIT VOTE ON EU MULTINATIONAL COMPANIES

2019 ◽  
Author(s):  
Abe Harraf
Keyword(s):  
Multinational Companies ◽  
The Impact

The Dark Side of Globalization: Evidence from the Impact of COVID-19 on Multinational Companies

2021 ◽  
Author(s):  
Omrane Guedhami ◽  
April M. Knill ◽  
William L. Megginson ◽  
Lemma W. Senbet
Keyword(s):  
Multinational Companies ◽  
Dark Side ◽  
The Impact

scholarly journals Do Multinational Companies Practice Good Corporate Governance? Empirical Evidence from Bangladesh

2017 ◽  
Vol 7 (2) ◽  
pp. 96
Author(s):  
G. M. Wali Ullah ◽  
Sarwar Uddin Ahmed ◽  
Samiul Parvez Ahmed ◽  
Kazi Md. Jamshed
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Stock Returns ◽  
Governance Structure ◽  
Multinational Companies ◽  
Governance Mechanisms ◽  
Corporate Governance Structure ◽  
Corporate Governance Mechanisms ◽  
The Impact ◽  
The Way

Corporate Governance refers to the way an organization is directed, administrated or controlled. It includes the set of rules and regulations that affect the manager's decision and contribute to the way company is perceived by the current and potential stakeholders. The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation such as; boards, managers, shareholders and other stakeholders and spells out the rules and procedures and also decision-making assistance on corporate affairs. Corporate governance practices in Bangladesh are gradually being introduced in most companies and organizations (Du, 2006). However, Bangladesh has fallen behind its neighboring countries and global economy in corporate governance (Gillibrand, 2004). Corporate governance structure is mainly considered ambiguous. Specific governance structures or practices will not necessarily fit all companies at all times. Firms with strong corporate governance mechanisms are generally associated with better financial performance, higher firm valuation and higher stock returns. Unfortunately, investors in Bangladesh have a little information about how these corporate values affect the performance of the Multinational Companies (MNCs). This study aims to provide a quantitative contribution to the literature by examining the impact of corporate governance mechanisms on financial performance from the perspective of MNCs. A panel data based Ordinary Least Squared (OLS) regression model was used to measure the quantitative significance of various corporate governance related variables on MNC performance, as identified through a detailed literature review.

The Impact of Foreign Currency Translation on Reporting during the Phase-in of SFAS No. 52

1986 ◽  
Vol 1 (3) ◽  
pp. 177-184 ◽  
Author(s):  
James J. Benjamin ◽  
Steven D. Grossman ◽  
Casper E. Wiggins
Keyword(s):  
Foreign Currency ◽  
Multinational Companies ◽  
Earnings Per Share ◽  
Early Adoption ◽  
Before And After ◽  
The Impact

This article examines the impact of the adoption of FASB Statement No. 52 on foreign currency reporting for multinational companies during the optional three-year adoption period (1981–1983). The results of the study suggest that early adoption of SFAS No. 52 for many companies was motivated by a favorable impact on income and earnings per share but that the relative rankings of the companies before and after SFAS No. 52 were not significantly affected.

Charting Taiwan's Technological Future: The Impact of Globalization and Regionalization

1996 ◽  
Vol 148 ◽  
pp. 1196-1223 ◽  
Author(s):  
Denis Fred Simon
Keyword(s):  
Multinational Companies ◽  
Trade Association ◽  
Economic Welfare ◽  
The European Union ◽  
The North ◽  
National Competitiveness ◽  
Political Forces ◽  
The World ◽  
Production And Distribution ◽  
The Impact

There is now general agreement among observers of international economic and technology affairs that the world has entered a period characterized by the interplay of two potent and possibly dialectical forces - globalization and regionalization. Globalization, which is clearly manifested in the changing nature of competition in industries ranging from textiles to telecommunications, is being driven by a combination of diverse forces, including the communication and transportation revolutions, the growing trends towards liberalization, privatization and deregulation, and the rapid diffusion of technologies around the world. Multinational companies (MNCs) have become the principal purveyors of globalization as they seek out new markets and search the world for access to critical R D, production and distribution assets irrespective of where they may be found. Regionalization, on the other hand, has primarily been driven by macro-political forces, with governments as the initiating agents, as in die case of the formation of the European Union and the North American Free Trade Association. Where regionalization is driven by explicit and overt government actions and policies it can more often than not be seen as an anathema to globalization; politicallyinduced regionalization in these cases is driven, in large part, by concerns about loss of national competitiveness and a decline in economic welfare.

scholarly journals Editorial

2007 ◽  
Vol 2 (2) ◽  
Author(s):  
Arthur Tatnall
Keyword(s):  
Family Support ◽  
Financial Reporting ◽  
Multinational Companies ◽  
Unpaid Work ◽  
Public Private Partnerships ◽  
The Internet ◽  
Business Systems ◽  
Public Companies ◽  
The Impact ◽  
Paid And Unpaid Work

This issue of the Journal of Business Systems, Governance and Ethics has articles relating to business in Europe, Australia, Taiwan and Malaysia. It covers topics including the use of ICT by SMEs in Europe, Public Private Partnerships in Victoria, family support for expatriate members of multinational companies, financial reporting using the Internet, the impact of children on women’s and men’s paid and unpaid work, and leadership and ethnicity issues in public companies in Malaysia.

scholarly journals Knowledge Sharing between Multinational Corporation’s Headquarters and Subsidiaries: the Impact of Manager’s Role, Compensation System and Cultural Differences

2013 ◽  
Vol 5 (10) ◽  
pp. 660-668 ◽  
Author(s):  
Nik Ab Halim
Keyword(s):  
Data Analysis ◽  
Knowledge Sharing ◽  
Cultural Differences ◽  
Multinational Companies ◽  
Compensation System ◽  
Survey Questionnaire ◽  
Organizational Goals ◽  
Level Of Knowledge ◽  
The Impact ◽  
Executives And Managers

Knowledge sharing is a systematic process for creating, acquiring, synthesizing, learning, sharing and using knowledge to achieve organizational goals. It is also a source of competitive advantage especially for multinational companies. The objective of this paper is to discuss the impact of subsidiary manager’s role in knowledge sharing, manager’s compensation system, and the level of cultural differences between home and host country on the level of knowledge sharing between the headquarters and subsidiaries of multinational companies. A study has been conducted at a subsidiary of a large manufacturing company in Malaysia. Data were collected via self-administered survey questionnaire. The respondents consist of 100 executives and managers of the company, and all the questionnaires distributed were filled and returned back for data analysis. Findings indicate that all three factors significantly influence the level of knowledge sharing with the manager’s compensation system has the strongest impact. MNC therefore should clearly define the manager’s role in knowledge sharing and provide attractive rewards and remunerations to encourage knowledge sharing. At the same time, cultural differences should not be considered as a barrier to knowledge sharing as this study indicates that it can be a driver for effective knowledge sharing between headquarters and subsidiaries.

scholarly journals The impact of global trends on Czech trade in agrarian and foodstuff products

2011 ◽  
Vol 59 (4) ◽  
pp. 287-294
Author(s):  
Eva Rosochatecká ◽  
Luboš Smutka
Keyword(s):  
Market Power ◽  
Main Idea ◽  
Pilot Project ◽  
Multinational Companies ◽  
Market Force ◽  
Market Process ◽  
Retail Market ◽  
Global Trends ◽  
Retail Chains ◽  
The Impact

The Czech retail market has changed its structure and form during the last twenty years. The influence of two factors is especially significant. The first one is the growth of internationalization and the second one is market concentration growth. The significant opening process of the Czech economy, accompanied by the liberalization of the Czech market process, enabled the international retail companies to penetrate the national retail market. The most powerful European retail companies are now present in the Czech market. The available shopping area/cap is also one of the largest in Europe. Retail chains have taken a dominant position in the market, and because of their market power they are able to determine trade/contract conditions for domestic suppliers. Retail chains’ sales have been constantly growing. While in 2006 the value of sales was about 258.5 billion CZK, in 2008 it was about 312.2 billion CZK. The impact of the economic crisis on the Czech retail market has not been as stressful as it was abroad. In 2009, a slowdown of the Czech retail market was recorded, but the value of sales decreased by only 3 billion CZK (in comparison with 2008). The highest sales (59 billion CZK) were recorded by the Lidl & Schwarz-Gruppe, which is the owner of two dominant retail chains in the Czech retail market (Kaufland and Lidl). The main aim of the paper is to evaluate the selected aspects, which have been influencing the relationship between multinational companies (retail companies – supermarkets and hypermarkets) and local (Czech) suppliers of agrarian and foodstuff products (farmers and foodstuff companies). The paper analyses the problem of abuse of multinational companies’ significant market power in relation to their suppliers. Based on a pilot project, the efficiency of market force law, and its use in practice, are analysed. The main idea is to analyse the following problems: the impact of 30 days payment period for goods delivered, under cost prices required by retail companies, and the structure of fees and charges required by retail companies.

Expatriate's engagement and burnout: the role of purpose-oriented leadership and cultural intelligence

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Flavia Cavazotte ◽  
Sylvia Freitas Mello ◽  
Lucia B. Oliveira
Keyword(s):  
Structural Equation ◽  
Design Methodology ◽  
Cultural Intelligence ◽  
Multinational Companies ◽  
Equation Modeling ◽  
Content Type ◽  
The Uk ◽  
The Impact

PurposeThis study analyzes the impact of purpose-oriented leadership and leader cultural intelligence on engagement and burnout among expatriates undertaking long-term corporate assignments, grounded on social psychology frameworks on interpersonal bias.Design/methodology/approachA survey was conducted with corporate expatriates from 21 different nationalities, who work for large multinational companies and were on assignment in 23 distinct countries – including Brazil, China, Japan and the UK Partial Least Squares Structural Equation Modeling was used to evaluate the proposed hypotheses.FindingsResults indicate that leader cultural intelligence is associated with lower burnout and higher engagement among expatriates, and that purpose-oriented leadership is associated with higher expatriate engagement but not with lower burnout.Originality/valueThis research contributes to the field by highlighting specific leader attributes that can foster successful expatriation: cultural intelligence and purpose-oriented leadership. The study adds to knowledge on leader–follower relationships amid national and cultural diversity by pointing to actionable leader qualities that can foster expatriate engagement and prevent his/her burnout.

scholarly journals The Impact of Enterprise Risk on Firms’ Performance: An Empirical Analysis of Indonesia’s Public Listed Banking Firms

2020 ◽  
Vol 76 ◽  
pp. 01026
Author(s):  
Mariana Ing Malelak ◽  
Fiany Pryscillia
Keyword(s):  
Driving Forces ◽  
Developing Economies ◽  
Institutional Ownership ◽  
Multinational Companies ◽  
Influential Factors ◽  
Enterprise Risk Management ◽  
The Public ◽  
Enterprise Risk ◽  
Potential Factors ◽  
The Impact

This paper examines the influential factors of potential adoption of Enterprise Risk Management (ERM) and the impact of ERM adoption on the public listed banking firms’ performances in Indonesia during 2009 to 2017. This research uses logistic regression to test four potential factors as the driving forces behind the potential adoption of ERM and linear regression to test the impact of ERM on firms’ performances. The result suggests that firms with greater size, having more institutional ownership, and being part of Multinational companies are more likely to adopt ERM, while the implementation of ERM has no significant impact on the firms’ performance. Little empirical research has been conducted on the topic, especially in developing economies like Indonesia. This study will broaden the scope of literature by providing novel empirical evidence.

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