Capital-intensive and technology-intensive semiconductor industry in Taiwan to flourish, resulting in a specific cluster effect, the global semiconductor-related industries, such as equipment, materials, components and other inputs are also competing to take food off such big cake. As the related industries focusing on in Taiwan, multinational company, due to the cultural differences between the various members and organizations within the internal structure, continued to have an impact on Taiwan subsiderary. Foreign companies, according to the investment, technology position and existed market position, have varying degrees of local impact. The impact of parent company host culture and subsiderary local culture in Taiwan also interact with the factors mentioned above. To meet demands of parent company, oftently caused trouble in local business operation. In this study, a subsidiary (case company) of a MNC of semiconductor quartz manufacturing industries in Taiwan, via the differences of attitudes and issue resolving, disposition among the MNCs to explore the operation impact of cultural differences between the multi-national members. As a result of cultural differences, conflict and contradiction, a subsidiary of multinational companies in Taiwan found that the culture impact can be switched from resistance to assistance and maneuver to help creating a favorable business environment.

The scope of the thesis is to present current rules of financial reporting of the Peoples Republic of China so-called China mainland and to provide general insight on the topic. The thesis firstly describes development of Chinese financial reporting, presents objective, role and users of financial reports in China, covers current principles of financial reporting in China, presents the differences between Chinese Accounting Standards and International Standards of Financial Reporting, introduce the reasons behind the differences and presents impact of Chinese culture on financial reporting. The objective of the research is not Special Administrative Region of the People's Republic of China Hong Kong, neither Macao.