Performance Evaluation of Foreign Subsidiaries PDF Download

Author: Katharina Kretschmer
Publisher: Springer Science & Business Media
ISBN: 3834999229
Category : Business & Economics
Languages : en
Pages : 380

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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.

Author: Hendrik Vedder
Publisher: GRIN Verlag
ISBN: 3640230388
Category : Business & Economics
Languages : en
Pages : 62

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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

Author: Wagdy M. Abdallah
Publisher: Bloomsbury Publishing USA
ISBN: 0313053685
Category : Business & Economics
Languages : en
Pages : 272

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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.

Author: Stefan Schmid
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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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.

Author: Wagdy M. Abdallah
Publisher: Bloomsbury Publishing USA
ISBN: 031300434X
Category : Business & Economics
Languages : en
Pages : 289

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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).

Author: RATHORE, SHIRIN
Publisher: PHI Learning Pvt. Ltd.
ISBN: 9388028929
Category : Business & Economics
Languages : en
Pages : 625

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Book Description
This extensively revised, fully updated, third edition includes a wide range of topics with a view to examining the increased challenges that will be faced by academicians, accounting and management professionals in the globally converging dynamic environment of accounting standards. The book is primarily intended as a text for postgraduate students of management (MBA) specializing in accounting and finance, postgraduate students of commerce (M.Com), financial studies, and international business (MIB). In addition, this text will be useful for professional courses offered by institutes such as the Institute of Chartered Accountants (ICAI), the Institute of Cost and Works Accountants (ICWAI) and the Institute of Chartered Financial Analysts (ICFAI). DISTINCTIVE FEATURES • The text is supported by numerous problems and case studies. • Comparative financial practices in selected countries are examined. • The impact of global convergence of accounting practices on MNCs, accounting and finance professionals and academicians has been dealt with in a separate chapter. • Problems of transfer pricing for tangibles, intangibles, services and cost sharing arrangements have been analyzed in detail. • Harmful global tax practices such as tax havens, preferential tax regimes and double tax avoidance conventions have been accorded detailed coverage. • The knotty problems of foreign currency translations, international financial reporting and disclosure, Consolidated Financial Statements and performance evaluation of multinational firms are treated in separate chapters.

Author: Kanji Miyamoto
Publisher: World Scientific
ISBN: 9812779566
Category : Business & Economics
Languages : en
Pages : 178

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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.

Author: Suk H. Kim
Publisher: John Wiley & Sons
ISBN: 1405152249
Category : Business & Economics
Languages : en
Pages : 544

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Book Description
Global Corporate Finance, sixth edition provides studentswith the practical skills needed to understand global financialproblems and techniques. Retains the user-friendly format of previous editions whileoffering expanded material on corporate finance and governance,international markets, global financial dynamics and strategies,and risk management techniques Each chapter begins with a real-world case study to be explainedby theories and research findings presented throughout thechapter End-of-chapter mini-cases further reinforce students’understanding of the material covered This edition is supported by a comprehensive Study Guide and anInstructor's Manual, available atwww.blackwellpublishing.com/kim.

Author: I. Moosa
Publisher: Springer
ISBN: 1403907498
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Foreign direct investment is an important issue that has attracted the attention of academic and professional economists as well as politicians and policy makers. In Foreign Direct Investment , Imad A. Moosa presents a survey of the vast body of literature and ideas relating to foreign direct investment that will be invaluable as a reference work for all these groups. He provides concise definition and analysis of the theories behind foreign direct investment, and considers factors affecting its implementation. The impact of foreign direct investment on economic development, host countries and the growth of multinationals, together with methods for evaluating foreign direct investment projects are discussed. The book is based on the experiences of and the empirical evidence pertaining to foreign direct investment in a large number of countries, and includes case studies on specific projects.

Author: MOHAPATRA, A. K. DAS
Publisher: PHI Learning Pvt. Ltd.
ISBN: 9354437265
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
The third edition of this well-received book is fully updated to equip the students and practitioners with International Accounting Standards in the form of IAS, IFRS, and the Indian Accounting Standards, Ind AS, and other related regulations for financial reporting and disclosure. Written in sync with the changing accounting practices the world over, this text book provides a comprehensive coverage of the core concepts and scope of International Accounting and their applications; added with a detailed discussion on the core concept and branches of International Financial Management which has gained significant importance in the globalized business world. This book also traces the genesis of International Accounting, and discusses at length topics like foreign currency translation, consolidation of foreign financial statements, accounting for price level changes, harmonization of accounting practices, transfer pricing, foreign financial statement analysis, interim and segment reporting, international taxation, exchange rate forecasting, and measurement and management of foreign exchange exposure. NEW TO THIS EDITION • Explains International Financial Reporting Standards (IFRS) and its implementations. • Incorporates the latest changes in IFRS, including the new additions to the list of IFRS, such as IFRS 9, 10, 11, 12, 13, 14, 15, 16, and 17. • Covers Indian Accounting Standards (Ind AS). KEY FEATURES • Comparative analyses in line with IFRS, Ind AS, and US GAAP. • Systematic and tabular form of presentation of discussions/concepts and ideas for better comprehension and clear understanding. • Large number of worked-out illustrations and examples provided in each chapter that too in a graded manner in terms of intensity to illustrate the concepts. TARGET AUDIENCE • M.Com / MFC / MBA / CA / CS / ICMAI