Over the past twenty years, several countries in Europe, Central and South America and Asia have undergone a transition from a planned economy to a market economy. Some observers have described this process as perhaps the biggest economic experiment of the last few centuries. However, knowledge about how this process affects business in these countries remains limited. The task of this book is to increase our understanding about how business changes at the micro level during the transition to a market economy. The focus of this book is placed on the Russian market, as Russia is one of the...

The increasing global interdependency in economy and business transaction asserts the importance of documenting the most recent developments in global work and organizational behaviours, which are strongly influenced by the advancement of information technologies, virtual business transactions, multicultural business groups and expanded business settings across cultures. An in-depth analysis of some major areas of developments and developmental needs for some areas which have paramount influence on international work, organizational and business psychology is of both academic and practical...

This book presents new evidence on what really drives the competitive performance of organizations in todays multicultural milieu. This new evidence suggests that only when an organization develops a strong "Common Glue" that blends its male and female characteristics harmoniously at the leadership levels, does it become capable of transcending cultural, geographic and functional boundaries and of achieving sustainable and superior competitive performance. Grounded in hard data and empirical evidence established through a 5-year research project spanning scores of organizations and company...

In their foreign markets, MNCs interact not only with customers and suppliers but also with governments and bureaucrats. The book is an outcome of several years of research on MNCs market activities in developing and industrialized countries. Different from the earlier studies this book addresses how interactions not only with business partners, but also with the vast variety of governmental and legislative organizations, affect local firms and MNCs businesses. Based on the business network theory, the book develops a new model for the exchange relationship between local customers and MNCs...

Transparency has in recent years become a buzzword in the economic-political debate about prospects for economic growth in general and for Europe in particular. A number of events, trends, and developments for example the East-Asian financial crisis, a series of corporate governance scandals in the United States and in Europe, the introduction of the euro as a common currency in part of the European Union, a global trend toward politically independent central banks, growing attention to environmental issues, and attempts to reform the governance structures of supranational and multilateral...

"Managing Cultural Differences" examines the cultural and organizational complexities which arise during mergers and acquisitions, joint ventures and alliances. More than 50 per cent of all corporate alliances fail, and those concluded across cultural divides are even less likely to succeed. These failures can be due to the executives concentrating on the financial strategic aspects of the deal at the expense of cultural, organizational and execution aspects. As a result of a 5-year research, Piero Morosini found that national cultural differences are not necessarily detrimental to...

The increasing amounts of money paid out in compensation to corporate executives have become the subject of a heated public policy debate on both sides of the Atlantic during the last decade. The magnitude of these sums, as well as the timing of payments relative to evidence of corporate success or - more notably, failure - has surprised and, in many cases, angered employees, shareholders and politicians, and drawn considerable attention in the media. Are executives in many firms exploiting their power to benefit themselves at the expense of other stakeholders or is the level of compensation...

Shows the multifaceted and interactive character of the relationship between science and technology on the one hand, and business and innovation on the other. This book explores this non-linear relationship through a selection of case studies and discusses its implications for science as well as for business.

Editorial Objectives This series applies a truly international perspective to the study of international business, with a special emphasis on management and marketing issues, and aims to advance the frontiers of knowledge in this fast developing field.
Topicality The International Business and Management series deals with such topics as globalization, international business negotiations, cross-cultural communication, entry strategies, doing business in different regions and future trends. Work on competition, the development of international business theory, methodological issues, the...

Today there is hardly any company that can claim that it is not involved in international business (IB). A huge body of literature is available on international business, but there are very few publications on the most important aspect of IB, namely negotiations. culture and communication on international business negotiations. Consequently to explore the problems faced by Western managers while doing business abroad and provide some guidelines for international business negotiations. international business negotiations. The second part deals with culture and its aspect on international...