published_or_final_version / abstract / toc / Surveying / Doctoral / Doctor of Philosophy

Made available in DSpace on 2014-06-11T19:24:13Z (GMT). No. of bitstreams: 0 Previous issue date: 2008-06-03Bitstream added on 2014-06-13T19:30:51Z : No. of bitstreams: 1 villela_alb_me_fran.pdf: 848993 bytes, checksum: bb37ea243d93a97832c3dfbecdff4236 (MD5) / Com aumento do comércio internacional e o avanço da tecnologia, houve um grande crescimento do consumo em todos os sentidos, principalmente o consumo de energia. Por isso, nunca se falou tanto na busca de alternativas para o petróleo do que nos dias atuais. O etanol surge, neste contexto, como um combustível viável para atender às necessidades globais. E nesse sentido, o setor sucroalcooleiro brasileiro atrai recursos de investidores de várias partes do mundo, principalmente por meio das empresas multinacionais, que buscam encontrar novos mercados novas tecnologias e o suprimento de novas necessidades através da atuação além das fronteiras. Este processo de internacionalização e procura por novos desafios, combinados com a crescente desregulamentação da economia e com uma maior sofisticação dos mercados financeiros, faz com que instrumentos econômicos e jurídicos, até então tradicionais, tornem-se insuficientes e incapazes de acompanhar e regulamentar todo esse movimento de recursos. Este estudo apresenta as operações de joint ventures como alternativas viáveis para a realização de investimentos estrangeiros no Brasil, com foco direcionado ao setor da agroindústria canavieira, devido a sua flexibilidade e facilidade de constituição, que as fazem estar em contínua e permanente evolução. São listadas as principais características das operações, seus aspectos positivos e negativos, bem como casos concretos de joint ventures estabelecidas no país entre empresas nacionais e estrangeiras. O investidor tem imenso interesse nesse novo combustível, que desponta como um dos fortes substitutos para o petróleo, e deseja alocar seus recursos em algo que seja certo e que, principalmente, traga lucros. Igualmente, deve ser considerada a longevidade desse tipo... / The increase of international trades and improvement of technology has caused a huge enhance of all kinds of consumption, especially consumption of energy. As a matter of fact, this issue about search for an alternative to the oil is constant repeated. Ethanol arises in this context as a viable fuel for the global demands. Brazilian sugar and ethanol industries attract resources of several parts of the world, mainly multinational companies, that are searching for markets, new technologies and the supply of new needs, through activities beyond the borders. This whole process of internationalization and these new challenges, combined to a growing of a non-regulation economy and a larger sophistication of the financial markets, become traditional law and economic instruments to insufficient and incapable pieces that are not able to attend and regulate this movement of financial resources. This text presents joint ventures cases in Brazil as viable alternative for the achievement of attraction of foreign investments, focused directly to the sugar cane agro-industry, due to flexibility and facility of a joint venture constitution, that maintain it in a permanent evolution. Main characteristics of these operations are listed, both negative and positive aspects, as well concrete cases of joint ventures established in the country between national and foreign companies. Shareholders have an immense interest in this new kind of fuel that emerges like one of the most important substitutes for the gasoline and it is going to allocate their financial resources into a right business that can bring profits. Also, the longevity of this kind of investment should be considered, because it reveals the concern of multinational companies about their business in other countries, directing more investments for these locals. For... (Complete abstract click electronic access below)

published_or_final_version / Business Administration / Master / Master of Business Administration

Made available in DSpace on 2015-12-04T11:45:32Z (GMT). No. of bitstreams: 1 Onier_Massarini_Junior.pdf: 2523708 bytes, checksum: 9d8277f33e6796842d1b7810f05f5fbf (MD5) Previous issue date: 2005-08-29 / This work aims to analyze the disclosure level of the Financial Statements published by the Communitarian Investment Companies established in S??o Paulo State, using the accounting information necessary to publishing the financial statements required by the CVM - Stock Exchange Brazilian Commission through its Of??cio-Circular n?? 01/2005 as parameter. Therefore, was made empirical and documental research to value the founded financial statements that were published at the DOESP (Official Paper of S??o Paulo Government) on the 2004 fiscal year. The Communitarian Investment Companies are companies non public companies that have interest in others company as their social principal purpose - mainly medium and small enterprises -, in order to enhancing the economical rate of local development. Besides giving capital risk to other enterprises, Communitarian Investment Companies can use human and technical resources among their shareholders. The statements required by CVM were chosen because they have great expression in the accounting ??rea and are according to good practices of corporate governance and are correspondent to provide more usefull information to decision makings by the users of statements. It was creat an own instrument to value the disclosure of the financial statements because there wasn't another instrument to do this. To validate the hypothesis initial described was studied Accounting mains, general aspects over corporate governance and the quality of accounting information and its usefulness for decision making. At the end of research, was possible confirm that Communitarian Investment Companies have a low level of disclosure, because they publish few information required by CVM, but publish only the legal required one. Was still validate that Cash Flow statement and consolidated financial statement was published by none of the Communitarian Investment Companies. / A presente disserta????o tem por objetivo analisar o grau de evidencia????o das demonstra????es financeiras publicadas por Empresas de Participa????o Comunit??ria - EPC's localizadas no Estado de S??o Paulo, utilizando-se como par??metro as recomenda????es para elabora????o e divulga????o de informa????es cont??beis elaborada pela CVM - Comiss??o de Valores Mobili??rios em seu Of??cio-Circular n?? 01/2005. Para tanto, utilizou-se de pesquisa emp??rica e documental para avaliar as Demonstra????es Financeiras levantadas que foram publicadas no Di??rio Oficial do Estado de S??o Paulo - DOESP em 2004. As EPC's s??o sociedades an??nimas de capital fechado que t??m por objetivo principal participar no capital social de outras empresas - notadamente empresas de pequeno e m??dio porte -, visando o desenvolvimento econ??mico na sua regi??o de atua????o. Al??m de fornecer capital de risco para as empresas investidas, as EPC's podem utilizar, ainda, os recursos humanos e t??cnicos de seu quadro de acionistas. As recomenda????es da CVM foram escolhidas para ser utilizadas como par??metro em raz??o da sua express??o no cen??rio cont??bil, por estar condizente com boas pr??ticas de governan??a corporativa, em conson??ncia com padr??es internacionais de contabilidade e por estar mais condizentes com as necessidades dos usu??rios para suas tomadas de decis??es. A falta de um par??metro pr??prio para a an??lise das demonstra????es financeiras das EPC's acabou resultando na constru????o de um instrumento pr??prio, o qual foi utilizado nesta disserta????o. Para a confirma????o da hip??tese formulada, foi apresentado arcabou??o te??rico, no qual foram apresentados os objetivos da Contabilidade, aspectos gerais de governan??a corporativa, usu??rios das demonstra????es financeiras, e a qualidade da informa????o cont??bil e sua utilidade para a tomada de decis??o. Ao final da pesquisa, foi poss??vel confirmar que as demonstra????es financeiras das EPC's apresentam baixo ??ndice de evidencia????o, pois divulgaram poucas das informa????es recomendadas pela CVM, limitando-se, na maioria dos casos, ??s exig??ncias legais. Constatou-se, ainda, que nenhuma das empresas analisadas n??o apresentaram Demonstra????es do Fluxo de Caixa nem elaboraram demonstra????es financeiras consolidadas.

by Chan Wing Keung, Eddie and Hui Nai Hang, Andy. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1989. / Bibliography: leaves 82-83.

by Anita Mei Che Ip. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1995. / Includes bibliographical references (leaves 36). / INTRODUCTION --- p.1 / BACKGROUND OF PEPSI-COLA --- p.3 / HISTORY OF PEPSI-COLA --- p.4 / PEPSICO MANAGEMENT --- p.5 / PEPSI'S GLOBAL PRESENCE & PEPSI´ةS PRESENCE IN THE ASIA-PACIFIC REGION 5 --- p.6 / NEW MARKET STRATEGY --- p.9 / SOFT DRINK INDUSTRY --- p.9 / Concentrate producers / Bottlers / Distributors / CHALLENGES TO THE SOFT DRINK INDUSTRY --- p.12 / THE CHINESE BEVERAGE INDUSTRY --- p.13 / Size and Characteristics / Joint Ventures / Government Regulations / HISTORY OF PEPSI IN CHINA --- p.16 / Bottlers/Partners / Pricing and Advertising / Investment / CHALLENGES FOR PEPSI --- p.17 / Strategy for head to head battle / WHY EQUITY JOINT VENTURES? --- p.18 / STRATEGIC RATIONALE --- p.19 / Under-exploited Market Potential in the Franchise / Window of Opportunity to Widen Gap with Coca-Cola / Profit Opportunity / BUSINESS PLAN --- p.20 / Offensive Thrust / Build Critical Mass / Sustain Leadership / CHINA VISION 2000 - STRATEGIC PRIORITIES --- p.21 / EQUITY JOINT VENTURE STRUCTURE --- p.22 / FINANCIAL IMPACT --- p.23 / CONCLUSION --- p.24 / Consequences of Conversion / Management and National Cultures / The Importance of Nationality / Mental Programming / National Character or National Cultures / Four Dimensions of National Culture / Individualism vs Collectivism / Power Distance / Uncertainty Avoidance / Masculinity vs Femininity / Some Consequences for Management Theory and Practice / Leadership / Organization / Motivation / EXHIBIT 1 - PLANT POSITIONING --- p.31 / EXHIBIT 2 - CHINA SOFT DRINKS MARKET --- p.32 / EXHIBIT 3 - CHINA BEVERAGE INDUSTRY GROWTH --- p.33 / EXHIBIT 4 - PCI AND CCI INVESTMENT --- p.34 / EXHIBIT 5 - CSD PACKAGE MARKET --- p.35 / REFERENCES --- p.36

by Hui Hon Chiu, Jeffrey. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1996. / Includes bibliographical references (leaves 36-37). / ABSTRACT --- p.iii / TABLE OF CONTENTS --- p.v / LIST OF ILLUSTRATIONS --- p.vi / LIST OF TABLES --- p.vii / Chapter / Chapter 1. --- INTRODUCTION --- p.1 / Chapter 2. --- INVESTMENT IN CHINA --- p.4 / Chapter 3. --- THE CARBONATED SOFT DRINK INDUSTRY IN CHINA --- p.8 / Chapter 4. --- PEPSI-COLA IN CHINA --- p.15 / GZ Bottling Plant --- p.17 / Chapter 5. --- CONFLICTS IN THE GZ BOTTLING PLANT --- p.25 / Cultural Conflicts with PRC Personnel --- p.25 / Disparity Between New and Ex-CJV Employees --- p.28 / Differences in Business Strategy --- p.29 / Chapter 6. --- CONCLUSION AND RECOMMENDATIONS --- p.32 / Selection of General Manager --- p.32 / Segregation of Chinese Party's Influence in the Joint Venture --- p.33 / Fair Treatment to New and Old Employees --- p.34 / Alignment of Business Strategy --- p.34 / BIBLIOGRAPHY --- p.36

by Lum Ka-Yee. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1999. / Includes bibliographical references (leaves 34-37). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- REFORM OF LEGAL SYSTEM --- p.5 / Stages of legal reform --- p.6 / Legal framework --- p.9 / Features of legal system --- p.12 / Chapter III. --- ROLES OF LEGAL INSTITUTION --- p.16 / Institutionalization of economic reform --- p.16 / Protection of property rights of foreign investors --- p.17 / Reduction of transaction costs --- p.19 / Catalyst of changes within the legal organization --- p.23 / Catalyst of informal institutional changes --- p.24 / Chapter IV. --- PROBLEMS OF LEGAL SYSTEM --- p.26 / Incomplete legal framework --- p.26 / Lack of transparency in approval --- p.27 / Lack of consistency --- p.29 / Enforceability of law and contracts --- p.30 / Chapter V. --- CONCLUSION --- p.32 / BIBLIOGRAPHY --- p.34

International joint ventures (IJVs) represent a tripartite relationship in which the senior management of IJVs, local and foreign partners, may have different objectives. The divergence of interests and goals is acute given the volatile context of China. Agency theory specifies that control mechanisms could be designed to align the interests of the agents with their principals. Management control literature has suggested four major control mechanisms on human resources aspects: behavior-oriented control, outcome-oriented control, input control and self-control. / The effects of self-control on achieving financial goals are also adversely affected by the divergence of goals between partners. Lastly, trust between partners contributes positively to the achievement of both financial and non-financial goals of IJVs when the senior executives are highly experienced. Trust can also enable the partners to overcome the difficulties encountered when relying heavily on local raw material supplies. / The main theme of this research is to find out how the four control mechanisms designed for IJV senior executives could be adapted to different contextual environments facing IJVs in China in order to enhance the performance of IJVs. The role of trust is also introduced as another form of control because of the relationship-oriented nature of Chinese society. For IJVs, and the IJVs in China in particular, studies of different types of control mechanisms have not been popular. Studies linking such mechanisms with particular situations facing IJVs in China are even fewer. / Through the empirical study of 300 manufacturing IJVs and 178 Chinese parent companies located in Beijing/Tianjin, Shanghai and Guangzhou, behavior control was found to produce a positive effect on performance of those IJVs relying heavily on local raw material supplies. If the partners are culturally distant from each other, behavior control may not be appropriate. Conversely, the financial performance of IJVs is more sensitive to behavior control when their senior executives are highly experienced. / When the goals of the partners are widely divergent, outcome control may help secure better financial results. For IJVs targeting local markets, outcome control would not be appropriate in achieving financial aims. Meanwhile, input control is strongly and directly related to the achievement of both financial and non-financial objectives of IJVs. However, the effects on financial results would be dampened by the divergence of goals between partners. / Ng Wai-kit, Paul. / "May 2000." / Advisers: Mee-kau Nyaw; Chung-ming Lau. / Source: Dissertation Abstracts International, Volume: 61-08, Section: A, page: 3255. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2000. / Includes bibliographical references (p. 206-221). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. Ann Arbor, MI : ProQuest Information and Learning Company, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstracts in English and Chinese. / School code: 1307.

The thesis investigates how FDI intra-industry spillovers are affected by MNE ownership modes and sub-national locations. A conceptual framework is developed which utilises IB theories to propose how MNE ownership modes and sub-national locations are likely to matter for FDI spillovers. The research propositions are explored quantitatively using an unbalanced firm-level panel dataset of 1624 Indian manufacturing firms (1991-2008) with 5203 firm-year observations. The model estimation is carried out in STATA 13.0 in two stages; firstly, by using semi-parametric (Levinsohn-Petrin) method to derive the dependent variable (TFP of domestic firms); and secondly, by using fixed effects model estimated in first-differences to relate TFP of domestic firms' with different measures of foreign presence. Results from the first model reveal that WOSs and MAJVs have positive spillover effects whereas MIJVs have negative spillover effects in the Indian manufacturing sector. The second model finds that the net spillover effect in non-metropolitan regions is higher than in metropolitan regions. The thesis discusses the possible major policy implications of the results and considers possible reasons for the differences in the spillovers for different ownership modes and sub-national locations.