The pattern of economic integration in the world today international political, economic, cultural and social environment. multinational company human resources management is facing a complex This paper use the resea...The pattern of economic integration in the world today international political, economic, cultural and social environment. multinational company human resources management is facing a complex This paper use the research method of qualitative analysis, investigation method, and the multinational corporation management environment, the analysis of the factors influencing factors of performance management of multinational companies, general motors, for example, combined with the actual situation of performance management in a multinational company, is advantageous to the multinational companies to develop human resources, improve business performance.展开更多
Focusing on the fast growth of BRICS＇ outward foreign direct investment （OFDI） and multinational companies during the crisis has left unheeded that some other emerging economies also grow much faster than average i...Focusing on the fast growth of BRICS＇ outward foreign direct investment （OFDI） and multinational companies during the crisis has left unheeded that some other emerging economies also grow much faster than average in the global economy and has become significant and fast-growing direct investors abroad. A sample of such （thirteen） new-wave emerging countries （NWECs） is gathered on the criterion of being ranked among the most significant foreign direct investors in the global economy. The literature review exhibits only very few articles existing on such a topic so far. Descriptive statistics enable tracing OFDI by NWECs-based multinational companies back to the 1970s, checking its geographical orientation and industrial structure, and assessing the relative importance of cross-border mergers and acquisitions. Econometric estimation exhibits that direct investment moving off the NWECs is explained by so-called push factors such as the home country＇s GDP, GDP per capita, GDP rate of growth, the share of high-technology exported products in overall export, the number of technological patents registered, and how much inward foreign direct investment discussed in the light of Dunning＇s investment development hypothesis. stock has previously been hosted. These results are path model and Matthews＇ linkage-leverage learning展开更多
Regional headquarters of multinational companies, investment companies,research and study centers and other'headquarter economy'of multinational companies gather in Shanghai.
In this high-speed globalization era,the opportunities for multinational companies(MNCs)have become vast.In such situation,these companies can obtain maximum profit only if they know how to use workforce properly.This...In this high-speed globalization era,the opportunities for multinational companies(MNCs)have become vast.In such situation,these companies can obtain maximum profit only if they know how to use workforce properly.This paper aims at analyzing how these MNCs can use international workforce without violating ethics,universal labor rights,and human resource rules.For this purpose,two most favored countries i.e.,China and Indonesia have been taken and compared throughout the paper.The first part of this paper deals with the introduction of the profile of above mentioned two countries and opportunities to the MNCs.The second part deals with the roles of institutions in dealing with labor workforce.The third part indicates divergent paths and the convergence of the globalization with its impact over host countries.The final part concludes the entire discussion in a few paragraphs.The entire paper has been developed keeping the scholarly work,journal articles and critical analysis factor under consideration.展开更多
This article discussed the oil industry in Nigeria and its impact on the economy, environment, and the citizens. The black gold （oil） was first discovered in Nigeria after several trials by white explorers in Oloibi...This article discussed the oil industry in Nigeria and its impact on the economy, environment, and the citizens. The black gold （oil） was first discovered in Nigeria after several trials by white explorers in Oloibiri （present day Bayelsa State） in 1956 by Shell D＇Arcy later renamed Shell-BP. By 1958, Nigeria joined the rank ofoil producers, when its first oil field came on stream. It was in the same year that the first shipment of oil from Nigeria occurred. Since then oil became Nigeria＇s primary export with about 95% of its govemment revenue coming from the ＂black gold＂, pushing agriculture and other sources of revenue to the background. The study discovered that the high revenue realised from the black gold especially after the Civil War, was not used by the government to transform Nigeria from a third world to a first world country as was predicted rather heavily mismanaged. The study further discovered that the multinational companies （MNC） responsible for drilling oil in Nigeria are guilty of polluting and degrading the environment via oil spills, thereby exposing the citizens to all kinds＇ health related problems and further poverty. The study concludes with the following： The corruption going on in the region must be tackled head long so that the citizens （the youth especially） will begin to feel the effect of the wealth generated from black gold. The government should also invest more on the education of its citizens to enable development in the country.展开更多
To investigate hedging effectiveness of multinational companies in respect of using currency derivatives,the author adapts an innovative and multi layers GJR-GARCH-based model.This model broke down the currency risk f...To investigate hedging effectiveness of multinational companies in respect of using currency derivatives,the author adapts an innovative and multi layers GJR-GARCH-based model.This model broke down the currency risk faced by MNCs in each business area and added six control variables other than foreign sales ratio,all these variables have been proved to be related to MNCs'currency risk exposure but was not included into previous models.Moreover,this model absorbs advantages of several models built in previous studies and combines them into a whole,intact model.This paper also employed a wide research scope,using a sample of 48 non-financial and 28 financial firms headquartered in USA.Also,comparison between financial and non-financial firms is an innovation of our research.According to the result,hedging of non-financial companies in respect of currency risk is ineffective,and financial companies are more likely using currency derivatives to speculate.展开更多
Since China＇s accession to the WTO in 2001, China has been on a steep learning curve in terms of engaging in outward direct investment, and state-owned enterprises （SOEs） have played a predominant role in this driv...Since China＇s accession to the WTO in 2001, China has been on a steep learning curve in terms of engaging in outward direct investment, and state-owned enterprises （SOEs） have played a predominant role in this drive. We argue that investment overseas by SOEs is a double-edged sword as far as its impact on domestic reform is concerned. Investing overseas offers opportunities to deepen structural reform in China, but such investment could also strengthen the monopoly position of some SOEs, which is inconsistent with the objective of domestic reform. Therefore, it is important for China to deepen domestic reform with respect to competition, ownership and regulations, to maximize the benefits from investing overseas＇. The present paper also discusses how building market-compatible institutions will resuh in increased innovation. This provides opportunities for Chinese firms to effectively catch up with the advanced technologies to remain competitive in overseas markets.展开更多
文摘The pattern of economic integration in the world today international political, economic, cultural and social environment. multinational company human resources management is facing a complex This paper use the research method of qualitative analysis, investigation method, and the multinational corporation management environment, the analysis of the factors influencing factors of performance management of multinational companies, general motors, for example, combined with the actual situation of performance management in a multinational company, is advantageous to the multinational companies to develop human resources, improve business performance.
文摘Focusing on the fast growth of BRICS＇ outward foreign direct investment （OFDI） and multinational companies during the crisis has left unheeded that some other emerging economies also grow much faster than average in the global economy and has become significant and fast-growing direct investors abroad. A sample of such （thirteen） new-wave emerging countries （NWECs） is gathered on the criterion of being ranked among the most significant foreign direct investors in the global economy. The literature review exhibits only very few articles existing on such a topic so far. Descriptive statistics enable tracing OFDI by NWECs-based multinational companies back to the 1970s, checking its geographical orientation and industrial structure, and assessing the relative importance of cross-border mergers and acquisitions. Econometric estimation exhibits that direct investment moving off the NWECs is explained by so-called push factors such as the home country＇s GDP, GDP per capita, GDP rate of growth, the share of high-technology exported products in overall export, the number of technological patents registered, and how much inward foreign direct investment discussed in the light of Dunning＇s investment development hypothesis. stock has previously been hosted. These results are path model and Matthews＇ linkage-leverage learning
文摘Regional headquarters of multinational companies, investment companies,research and study centers and other'headquarter economy'of multinational companies gather in Shanghai.
文摘In this high-speed globalization era,the opportunities for multinational companies(MNCs)have become vast.In such situation,these companies can obtain maximum profit only if they know how to use workforce properly.This paper aims at analyzing how these MNCs can use international workforce without violating ethics,universal labor rights,and human resource rules.For this purpose,two most favored countries i.e.,China and Indonesia have been taken and compared throughout the paper.The first part of this paper deals with the introduction of the profile of above mentioned two countries and opportunities to the MNCs.The second part deals with the roles of institutions in dealing with labor workforce.The third part indicates divergent paths and the convergence of the globalization with its impact over host countries.The final part concludes the entire discussion in a few paragraphs.The entire paper has been developed keeping the scholarly work,journal articles and critical analysis factor under consideration.
文摘This article discussed the oil industry in Nigeria and its impact on the economy, environment, and the citizens. The black gold （oil） was first discovered in Nigeria after several trials by white explorers in Oloibiri （present day Bayelsa State） in 1956 by Shell D＇Arcy later renamed Shell-BP. By 1958, Nigeria joined the rank ofoil producers, when its first oil field came on stream. It was in the same year that the first shipment of oil from Nigeria occurred. Since then oil became Nigeria＇s primary export with about 95% of its govemment revenue coming from the ＂black gold＂, pushing agriculture and other sources of revenue to the background. The study discovered that the high revenue realised from the black gold especially after the Civil War, was not used by the government to transform Nigeria from a third world to a first world country as was predicted rather heavily mismanaged. The study further discovered that the multinational companies （MNC） responsible for drilling oil in Nigeria are guilty of polluting and degrading the environment via oil spills, thereby exposing the citizens to all kinds＇ health related problems and further poverty. The study concludes with the following： The corruption going on in the region must be tackled head long so that the citizens （the youth especially） will begin to feel the effect of the wealth generated from black gold. The government should also invest more on the education of its citizens to enable development in the country.
文摘To investigate hedging effectiveness of multinational companies in respect of using currency derivatives,the author adapts an innovative and multi layers GJR-GARCH-based model.This model broke down the currency risk faced by MNCs in each business area and added six control variables other than foreign sales ratio,all these variables have been proved to be related to MNCs'currency risk exposure but was not included into previous models.Moreover,this model absorbs advantages of several models built in previous studies and combines them into a whole,intact model.This paper also employed a wide research scope,using a sample of 48 non-financial and 28 financial firms headquartered in USA.Also,comparison between financial and non-financial firms is an innovation of our research.According to the result,hedging of non-financial companies in respect of currency risk is ineffective,and financial companies are more likely using currency derivatives to speculate.
文摘Since China＇s accession to the WTO in 2001, China has been on a steep learning curve in terms of engaging in outward direct investment, and state-owned enterprises （SOEs） have played a predominant role in this drive. We argue that investment overseas by SOEs is a double-edged sword as far as its impact on domestic reform is concerned. Investing overseas offers opportunities to deepen structural reform in China, but such investment could also strengthen the monopoly position of some SOEs, which is inconsistent with the objective of domestic reform. Therefore, it is important for China to deepen domestic reform with respect to competition, ownership and regulations, to maximize the benefits from investing overseas＇. The present paper also discusses how building market-compatible institutions will resuh in increased innovation. This provides opportunities for Chinese firms to effectively catch up with the advanced technologies to remain competitive in overseas markets.
