Thesis (Ph. D.)--Ohio State University, 1984. / Includes vita. Includes bibliographical references (leaves 109-112). Available online via OhioLINK's ETD Center.

Thesis (Ph. D.)--University of Hong Kong, 1992. / Also available in print.

The recent emergence of Multinational Companies (MNCs) from developing countries as players of major role inside their industry has led the academic agenda to dedicate a lot of efforts on better understand the internationalization particularities of companies from this kind. This research aims on contributing to the already existent theoretical bodywork by highlighting the differences between firms from developed and developing countries by performing a cross-country comparison between two firms from the same industry: a Brazilian company, which will be called Beta due to confidentiality issues, and a Swedish company, which will be named Alpha. Although being joint-managed by Swedish and Swiss assets, this study focus on the Swedish part of the society, which is constituted by the firm which will be named Gamma. Both companies operate on the electric motors, power and automation technologies segment. The theoretical framework used was built under traditional International Business theories, such as the Nordic Research School in International Business and the Eclectic Paradigm. The method used constituted in a multiple case-study and data were collected from companies’ reports  as well as other publications, and primary data were collected by applying a questionnaire with both firms. Results highlight how the self-experience was more important for Beta while partnerships affected more the case of Alpha. Different ownership advantages structures held each firm point out that the developed country MNC enjoys greater brand equity, making the developing country firm to provide adapted solutions to its customers in order to compete in the market. The orientation on seeking for localization advantages can be described as an extent as their capacities developed in the home market, and the drivers for producing abroad are similar among the firms.

Globalization has been a hot topic recently. Many firms experience that their domestic market is too limited for them to conduct their business in. This restriction leads to firms seeking customers on different markets, in different nations, where the companies’ supplies meet the consumers’ demands. Therefore, companies are constantly seeking new places to do business in. Developing economies have been in the scope of many firms recently, with China being in the frontline with its massive labour force and cheap labour costs. However, attention is heading towards the African continent, with its rich natural resources and, like China, large labour force. The purpose of this dissertation is to see how Swedish firms have tried to establish themselves on the emerging African market. In order to achieve this, an abductive research approach has been selected. Qualitative interviews with important people in four Swedish companies have been conducted. The empirical findings suggest that Swedish firms have great opportunities to enter the African market and continue to develop there. Furthermore, there is no method of expansion that is better than another. It all comes down to what specific assets that characterize the company in question. Whether it is a service-oriented company, a manufacturing company or an exporting company will perhaps decide what entry mode would be most suitable. To our knowledge, there is no dissertation that deals with this topic. Consequently, this paper will highlight this research area.

The crude oil is one of the major energy resources in our lifetime and plays its crucial role in our economy. How the stock prices of the oil industry will react to the foreseeable rising price that is important issue needed to be investigated. This research analyzes the relationship among oil price¡BSpread¡BDow Jones Index and five integrated oil and gas companies which are traded in NYSE. We found that the stock prices of all five companies were not related to Dow Jones Index and themselves according to the Granger-Causality test. We also found that the movement of Exxon¡¦s stock prices has significantly impact on the stock prices of the other four oil companies based on the results of the impulse function. In the long run, the five company¡¦s stock prices, oil price and Spread are jointly cointergrated, but not for only five companies considered. According to the VECM (Vector Error Correction Model), Spread could affect the changes in five oil company¡¦s stocks in short run, but not vice versus. It may explain that the investor would pay more attention on the future volatility of oil price into their investment strategies.

No description available.

In order to have a clear understanding of the topic breeding and nurturing talents, first I am going to define what breeding and nurturing talent is. The actual meaning of breeding and nurturing talents is to help a person to develop and be successful (Cambridge Dictionary). How this whole process is going on we have to see which factor and elements are coming in the way of making the person to develop and be successful (Cambridge Dictionary). Some people are born with talent and some people become talented in the process of different techniques and methods. What are the different ways to improve the talent in humans? This is the important question, which I will explain, in my coming pages. There are few factors, which determine the talent in humans; these are habits, trainings, practices, opportunities and experiences that play a vital role in making the person successful. I tried to find out how European companies find out the most talented people from the market. I studied four big European Companies in my thesis to find out how these big European Companies attract and retain the talented people in their organizations. In relation to these four big European companies I answered several questions, which I added in my work. I have added several questions to be answered and issues to be discussed in the project literature. This topic is very common nowadays because it applies in every organization and even everywhere in this world.

This thesis addresses the long-standing debate about the ability of investors in public listed companies to significantly influence or even control certain aspects of board and management decision taking. Much of the recent interest in these issues has focused on increased public disclosure of boardroom practices and standards. In contrast, my research shows that informal relationships between companies and their major shareholders are playing an increasingly important role in influencing key aspects of corporate strategy, major financing and investment decisions, and board membership. The research was undertaken through: an analysis of the investment portfolios of the 50 largest fund managers investing in the shares of UK companies and the ownership of 297 of the UK's largest listed companies; in-depth interviews with 120 companies, fund managers and others concerned with the quality and regulation of company shareholder relationships and information flows; and studying the role of fund managers and other shareholders in the resignations of the CEOs of 24 case history companies. The growing importance of informal mechanisms of fund manager influence and networking means that shareholder influence no longer depends on the formation of coalitions of the size proposed by Scott, or the alignment of interests through formally constituted Shareholder Protection Committees. A model of 'extended ownership' describes how effective control may pass to the fund manager with the largest, but still sub-minority, shareholding It is also crucial to understand that investment decisions by fund managers are influenced by and related to a wide range of company and investor-specific factors. These are described and the impact of their interactions on shareholder behaviour discussed. This thesis is relevant to the current debate about the public role that should be taken by institutional fund mangers in the process of corporate governance. Models of investor behaviour which assume that fund managers are a homogenous investor type or which do not take into account the key role of informal influence mechanisms are therefore of limited value.

No description available.

The crucial role played by small and medium-sized industries (SMIs) in developing countries is very well acknowledged. In Malaysia, for example, the SMIs are perceived as the backbone of the nation's industrialisation process. However, the promotion and development of these SMIs are often hampered by their lack of access to formal institutional credits. The lack of access to formal credits is often ascribed to the higher level of perceived risks, moral hazards and transactions costs. At present, banks and SMIs in developing countries do not have the appropriate technology to adequately assess these risks. The present study seeks to suggest that project appraisal practice can and should be adopted by the SMIs in order to assess their project's risks. Banks are recommended to use similar techniques to objectively evaluate their lending risks. Built upon the theoretical framework of finance and development, the study empirically evaluates the relationship between the adoption of project appraisal practice by the SMIs and their access to formal sector finance. In addition, the study also attempts to identify the factors that can influence the company's decision whether or not to adopt formal project appraisal practice. A very significant and positive relationship was found between the adoption of project appraisal practice and the SMIs' access to formal sector finance. The following factors were found to be significant in determining whether or not a firm adopts project appraisal practice: (1) access to banks finance, (2) entrepreneur's level of education, (3) training on project appraisal, (4) market classification, and, (5) level of business experience. The study therefore concludes that the adoption of project appraisal practice by SMIs should be encouraged through formal training. Finally, the study suggests that the present system of providing finance to SMIs should be reformed and a more innovative and efficient system is recommended.