Cultural Factors in Multinational Enterprise Location. The Case of Foreign Direct Investment in Thailand

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Publisher : GRIN Verlag
ISBN 13 : 3656983062
Total Pages : 99 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis Cultural Factors in Multinational Enterprise Location. The Case of Foreign Direct Investment in Thailand by : Klaus Schmidt

Download or read book Cultural Factors in Multinational Enterprise Location. The Case of Foreign Direct Investment in Thailand written by Klaus Schmidt and published by GRIN Verlag. This book was released on 2014-05-06 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 1998 in the subject Business economics - Investment and Finance, grade: 1.7, University of Paderborn, language: English, abstract: Despite crises and uncertainty in international capital markets, foreign direct investment (FDI) by multinational enterprises (MNE) is booming. The buzzword is globalization. The business world is expected to be moving closer together through more or less recent developments in communication technologies and transportation facilities. The political ideal of democracy along with a liberalization of national economies seems to have finally gained the recognition it deserves as the system that in the end allows for the best utilization of wealth creating endowments. Besides differences in economic development, cultural differences remain as a single important means of distinguishing between people from several nations (Huntington 1996; Axford 1995). The critical issue is that this situation is being recognized and mankind restrains from emphasizing distinctions, and instead focuses on working out compatibility between cultures. This paper is separated into three interactive parts. Part I deals with the theoretical background behind this study, and after these introductory notes, gives an overview of the theory of international production in order to show which factors influence MNEs and their activities. Part II of the paper is devoted to the interaction between the two cultures of Thailand as a host country and the USA as the investor's home country. First, both value systems and environmental factors are analyzed and compared. Then some findings from interviews with U.S.-American7 investors on cultural factors that influenced their location selection will be summarized in order to provide some anecdotal evidence on how trust was generated in their decision to invest in Thailand. In Part III, the findings from the two previous parts will be synthesized into the theory of international production. Based on the assumption developed in the preceding parts that location decisions are made in pursuit of a fit between the investor's and the host country's cultures, the findings on the influences of inter-cultural trust and leadership on transaction costs will be integrated into the respective components of the Eclectic Paradigm of International Production. Finally, the findings are summarized and some conclusions are drawn.

Cultural Factors in Multinational Enterprise Location

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Publisher : diplom.de
ISBN 13 : 3832411429
Total Pages : 101 pages
Book Rating : 4.8/5 (324 download)

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Book Synopsis Cultural Factors in Multinational Enterprise Location by : Klaus Schmidt

Download or read book Cultural Factors in Multinational Enterprise Location written by Klaus Schmidt and published by diplom.de. This book was released on 1998-11-10 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: Despite crises and uncertainty in international capital markets, foreign direct investment (FDI) by multinational enterprises (MNE) is booming. The buzzword is globalization. The business world is expected to be moving closer together through more or less recent developments in communication technologies and transportation facilities. The political ideal of democracy along with a liberalization of national economies seems to have finally gained the recognition it deserves as the system that in the end allows for the best utilization of wealth creating endowments. Besides differences in economic development, cultural differences remain as a single important means of distinguishing between people from several nations. The critical issue is that this situation is being recognized and mankind restrains from emphasizing distinctions, and instead focuses an working out compatibility between cultures. Culture has been given the attribute of being responsible for economic performance by several scholars over the past decade. The original aim has been at explaining the continuous growth of the economies of Asian NICs which, however, came to an abrupt and widely unexpected end an 2 July 1997. Still the importance of culture seems to have been underestimated, otherwise the crisis might have been foreseeable. If cultural factors are of significant importance for overall economic performance, i.e. an the macro-economic level, they must be of at least the same importance for the performance of companies that work within the particular culture, i.e. an the micro-economic level. In this case, not only local but international investors in particular are affected by their respective cultural environment as two - or even more - different cultures have to be brought to work together. Obviously, a consensus has to be found between influences from home and host country culture. This situation often is expected to be a threat to the economic performance of the MNE. However, no existing culture in the world today can be viewed as superior to others in all aspects. Moreover, each culture has positive as well as negative factors. A MNE then, if it is able to effectively bring together several cultures in order to achieve one common goal, should be able to make use of the positive sides of the cultures at its different locations. Dunning & Bansal analyze the effects of culture an multinational enterprises applying John H. Dunning's Eclectic [...]

Cultural Aspects of International Business

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Publisher : Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
ISBN 13 : 8376958070
Total Pages : 207 pages
Book Rating : 4.3/5 (769 download)

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Book Synopsis Cultural Aspects of International Business by : Przemysław Skulski

Download or read book Cultural Aspects of International Business written by Przemysław Skulski and published by Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu. This book was released on 2020-11-11 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this textbook is to show cultural aspects and their influence of conducting business internationally. The authors aimed at providing information which can be useful in the process of making business decisions by taking into consideration the existing cultural diversification. This is why the theoretical discourse is accompanied by numerous examples, bringing to the book also a practical dimension. The book is addressed to a wide circle of readers – those interested in the phenomena occurring in the world economy and the dimensions of contemporary culture, as well as students of international business relations. It may also interest entrepreneurs, both those already present in international markets, and those who are at the planning stage of such future activities.

Cultural Factors and Performance in 21st Century Businesses

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Publisher : IGI Global
ISBN 13 : 1799837467
Total Pages : 284 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Cultural Factors and Performance in 21st Century Businesses by : Christiansen, Bryan

Download or read book Cultural Factors and Performance in 21st Century Businesses written by Christiansen, Bryan and published by IGI Global. This book was released on 2020-06-05 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Businesses rely heavily on their culture to ensure sustainable success, and company culture is invariably influenced by national values. In an era of global hypercompetition, knowing the overall values that guide one’s business ventures is crucial, as it allows for the greater understanding of other businesses and how they operate. Cultural Factors and Performance in 21st Century Businesses is a pivotal reference source that examines the relationship between culture and trade. Covering a broad range of topics including ethics, economic geography, and socialization theory, this book examines cultures around the world and their intersection with trade. This publication is ideally designed for executives, managers, entrepreneurs, social scientists, policymakers, academicians, researchers, and students.

Intercultural Interactions in the Multicultural Workplace

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Author :
Publisher : Springer
ISBN 13 : 3319397710
Total Pages : 314 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Intercultural Interactions in the Multicultural Workplace by : Małgorzata Rozkwitalska

Download or read book Intercultural Interactions in the Multicultural Workplace written by Małgorzata Rozkwitalska and published by Springer. This book was released on 2016-10-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the work environment in multinational corporations. To do so, it integrates studies on the organizational sciences, cross-cultural management, positive psychology and sociology within a single comprehensive framework. Twenty-two authors from six countries identify the challenges in multicultural workplaces, the positives of interactions, cultural clashes and their organizational preconditions. They add inter-organizational, institutional and critical perspectives to the analysis within the framework of multinationals and complex, hybrid cultural environments. The book addresses the needs of researchers in the areas of intercultural management, and those of practitioners in international human resource management.

The Culture Factor

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Publisher : Springer
ISBN 13 : 1349146838
Total Pages : 162 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis The Culture Factor by : Mark Neal

Download or read book The Culture Factor written by Mark Neal and published by Springer. This book was released on 2016-07-27 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinational companies have learnt through bitter experience that cultural differences can be very damaging in terms of bad communication, high staff turnover and low morale. In recent years research has shed light on the scale of the problem, and it is now widely recognised that cultural differences can severely undermine business performance. The Culture Factor examines why it is that cultural differences engender such difficulties and looks at the different kinds of cultural costs associated with international business. Through identifying the organisational processes that lead to classic 'cultural problems', the book shows in a practical way how businesses can manage cultural difference more effectively.

Multicultural Behavior and Global Business Environments

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Publisher : Routledge
ISBN 13 : 1135187126
Total Pages : 528 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Multicultural Behavior and Global Business Environments by : Kamal Dean Parhizgar

Download or read book Multicultural Behavior and Global Business Environments written by Kamal Dean Parhizgar and published by Routledge. This book was released on 2013-06-17 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resolve cross-cultural communication issues with your business suppliers, customers, and staff! Because of the rapid growth of multinational corporations and the World Wide Web, global interdependence is no longer a matter of ideology or choice, but an inescapable reality. Multicultural Behavior and Global Business Environments teaches managers both practical techniques and theoretical insights for working with people from diverse cultures in home and host countries. Managers who ignore or dismiss cultural differences may find themselves alienating customers and employees, fumbling negotiations, and ultimately losing sales. In contrast, those who are willing to see the world from different perspectives may spot fresh opportunities. Bringing multiple cultures together results in synergy, in which two combined energies multiply and reinforce one another. Multicultural Behavior and Global Business Environments tells you not only how to create synergy, but also how to profit from it. Multicultural Behavior and Global Business Environments offers practical features to help students and managers understand diverse cultures, including: charts, maps, and tables showing specific cultural divergences detailed discussions of relevant theories in psychology, management, and ethics exercises and self-tests clear, skill-based objectives for each chapter definitions of the terms and processes of multiculturalization In the modern world, the key to prosperity--or failure--in the global marketplace is awareness of cultural differences. Multicultural Behavior and Global Business Environments offers a sweeping multidisciplinary inventory of facts, theories, and practical ideas for making multiculturalism work. This comprehensive volume is a crucial resource for every manager who belongs to a multinational organization, as well as students of both domestic and international business, political science, international relations, public administration, and educational administration.

Beyond Hofstede

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Publisher : Springer
ISBN 13 : 0230240836
Total Pages : 307 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Beyond Hofstede by : Cheryl Nakata

Download or read book Beyond Hofstede written by Cheryl Nakata and published by Springer. This book was released on 2009-07-16 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hofstede introduced a culture paradigm that has been widely influential in international business. However, its relevance in light of culture's increasing complexity due to globalization has been questioned. Alternative culture frameworks and perspectives are offered by leading scholars in global marketing and management.

The Cultural Environment of International Business

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Publisher : Cincinnati : South-Western Publishing Company
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Cultural Environment of International Business by : Vern Terpstra

Download or read book The Cultural Environment of International Business written by Vern Terpstra and published by Cincinnati : South-Western Publishing Company. This book was released on 1978 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of essays on the importance of cultural factors for multinational enterprises - considers problems of language in communication, differences in religious practice, value systems and attitudes toward time factors, wealth and material gain, social structure (social change, family, etc.), Educational systems, technology, political systems and legal systems. References and statistical table.

Global Business Management

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Publisher : Routledge
ISBN 13 : 1317128109
Total Pages : 360 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Global Business Management by : Abel Adekola

Download or read book Global Business Management written by Abel Adekola and published by Routledge. This book was released on 2016-04-22 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book interweaves the concepts of the guidance on globalization, international management, and the intricacies of international business that many books on the market treat independently. It clarifies and explains culture, cultural misunderstandings, and cross-cultural interactions. Adekola and Sergi's text is unique in that it offers both the management perspective and the cultural perspective. It is for managers seeking to thrive in the global economy. This book focuses on managing global organizations, providing a basis for understanding the influence of culture on international management, and the key roles that international managers play. It clearly shows how to develop the cross-cultural expertise essential to succeed in a world of rapid and profound economic, political and cultural changes.

Cultural and Technological Influences on Global Business

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Publisher : IGI Global
ISBN 13 : 1466639679
Total Pages : 663 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Cultural and Technological Influences on Global Business by : Christiansen, Bryan

Download or read book Cultural and Technological Influences on Global Business written by Christiansen, Bryan and published by IGI Global. This book was released on 2013-04-30 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology is a key driver behind the effects of contemporary globalization on business and other organizations worldwide. Understanding this phenomena in connection with the impact of cultural variations can help improve business and product life cycles in an era in which corporate capital and liquidity buffers must be increased for unexpected developments in global markets. Cultural and Technological Influences on Global Business is a leading publication in its field emphasizing the importance of deeply exploring the effects of cultures and technologies on the global business sector. This reference source is beneficial for professionals, researchers, and practitioners who wish to broaden their understanding of the direct relationship between culture and technology in the international business realm.

Corporate Culture in Multinational Companies

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Publisher : Springer
ISBN 13 : 1137447664
Total Pages : 349 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Corporate Culture in Multinational Companies by : V. Miroshnik

Download or read book Corporate Culture in Multinational Companies written by V. Miroshnik and published by Springer. This book was released on 2014-09-30 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the value component of corporate culture of companies and their relationship with production efficiency and personal values of the employee. The authors combine both qualitative analysis of the experiences of leaders of these organizations and the most advanced quantitative analysis regarding the corporate performances.

Cross-cultural Challenges in International Management

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Publisher : Routledge
ISBN 13 : 100019485X
Total Pages : 242 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Cross-cultural Challenges in International Management by : Bruno Amann

Download or read book Cross-cultural Challenges in International Management written by Bruno Amann and published by Routledge. This book was released on 2020-09-28 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of international business and of globalization in every field of activity requires the interaction of individuals and groups with diverse cultural, religious, ethnic and social characteristics in different institutional contexts. Cross-cultural Challenges in International Management addresses the various difficulties that may impede smooth communication and cooperation of those involved in such interactions. It examines what types of resources are mobilized to overcome such difficulties. The cultural and societal challenges of international management must be considered at different levels, the one of strategy, which the first part of the book is devoted to, but also that of management and business practices, addressed in the third part of the book. Both strategic decisions and daily business practices, however, in the particularly fluctuating and incompletely defined international context, gain from being framed by ethical and corporate social responsibility, which the second part of this book is devoted to. Cross-cultural Challenges in International Management provides an analysis of specific situations revealing such cultural or societal challenges. Thus, the reader will benefit not only from advanced theoretical knowledge in the field, but also from practical applications in various professional context and various countries. Practitioners, students in various fields of social sciences, particularly in management, communication, international relations, and researchers will widely benefit from this book.

The Culture Map

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Publisher : PublicAffairs
ISBN 13 : 1610392590
Total Pages : 289 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis The Culture Map by : Erin Meyer

Download or read book The Culture Map written by Erin Meyer and published by PublicAffairs. This book was released on 2014-05-27 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: An international business expert helps you understand and navigate cultural differences in this insightful and practical guide, perfect for both your work and personal life. Americans precede anything negative with three nice comments; French, Dutch, Israelis, and Germans get straight to the point; Latin Americans and Asians are steeped in hierarchy; Scandinavians think the best boss is just one of the crowd. It's no surprise that when they try and talk to each other, chaos breaks out. In The Culture Map, INSEAD professor Erin Meyer is your guide through this subtle, sometimes treacherous terrain in which people from starkly different backgrounds are expected to work harmoniously together. She provides a field-tested model for decoding how cultural differences impact international business, and combines a smart analytical framework with practical, actionable advice.

Cultural Variations and Business Performance: Contemporary Globalism

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Publisher : IGI Global
ISBN 13 : 1466603070
Total Pages : 419 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Cultural Variations and Business Performance: Contemporary Globalism by : Christiansen, Bryan

Download or read book Cultural Variations and Business Performance: Contemporary Globalism written by Christiansen, Bryan and published by IGI Global. This book was released on 2012-03-31 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers the latest research in the field of Business Performance Management in the global economic environment of present conditions while looking at business as a whole entity instead of only at the divisional level"--Provided by publisher.

Managing Cultural Differences

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Publisher : Routledge
ISBN 13 : 0750677368
Total Pages : 613 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Managing Cultural Differences by : Philip Robert Harris

Download or read book Managing Cultural Differences written by Philip Robert Harris and published by Routledge. This book was released on 2004 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

Innovations in International and Cross-Cultural Management

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Author :
Publisher : SAGE
ISBN 13 : 145223728X
Total Pages : 383 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis Innovations in International and Cross-Cultural Management by : P. Christopher Earley

Download or read book Innovations in International and Cross-Cultural Management written by P. Christopher Earley and published by SAGE. This book was released on 2000-06-13 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting cross-cultural research on a wide range of organizational topics, this book ranges from the individual to the macro level. Among the issues examined are: organizational trust in international settings, HRM issues in international joint ventures, developing strategic advantage across borders, and social partnerships for sustainable growth.