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EN
The issue of assessment of strategic decisions in the company has been approached while indicat-ing their impact on the implementation of modern technological solutions and the methods for their financing. The essence of the strategy of the company has been presented, taking into account the im-pact of strategic decisions on the changes in the adopted strategy of the enterprise based on the literature studies. The considerations presented in the empirical part include the results of the research conducted in the multinational chemical company. The objective of the study was to learn and assess the relation-ships between the implementation of modern technological solutions and the effectiveness of strategic decisions on the methods for their financing. The research methods applied to accomplish the objective are literature studies, a case study and the following techniques related to analysis are used: the analysis of return on investment, and the analysis of financial leverage effect. The issue of assessment of strate-gic decisions is important and up-to-date due to its impact on the continuity of business operations and maintaining a competitive advantage on the market. This study is an attempt to fill the observed research gap regarding the relationships between the implementation of modern technological solutions and the effectiveness of strategic decisions on the methods for their financing.
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New Sources and New Actors of International Labour Law

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EN
The last decade has been marked by a huge growth of the economic power of multinational companies. This has enhanced attention to their as employers' activity, especially in the developing countries. As a reaction of the companies to this attention and critics, a new source of international labour law - corporate codes of conduct - has surfaced. There are both positive and negative effects of practice of adoption of such codes. The effectiveness of these new acts is now a matter of serious debates. This article considers the opportunities and threats associated with this phenomenon.
EN
More and more often organizations have to respond to challenges connected with the global flow of talented employees. This mainly applies to multinational organizations. Accordingly, this paper is an attempt to define the state of current research on global talent management (GTM) by means of a systematic literature review within the field of international human resource management (IHRM). In consecutive sections, the author discusses research methodology and the results of the review, including the importance of GTM, its essence, scope, and development as a separate concept as well as key empirical findings.
PL
Współczesne organizacje coraz częściej stają w obliczu wyzwań związanych z przepływem utalentowanych pracowników, które niejednokrotnie mają wymiar globalny. W szczególności dotyczy to podmiotów działających w skali międzynarodowej. W związku z tym, podjęto próbę oceny aktualnego stanu wiedzy na temat globalnego zarządzania talentami (GTM) poprzez systematyczny przegląd literatury w obszarze międzynarodowego zarządzania zasobami ludzkimi. W szczególności omówiono metodykę badań, przedstawiono rezultaty przeprowadzonego przeglądu literatury na temat znaczenia GTM, jego istoty, zakresu oraz rozwoju jako odrębnej koncepcji, a także najważniejsze ustalenia oparte na empirii.
EN
The article examines the role of multinational companies originating from OECD countries in the fragmentation of production processes in Poland. The author also discusses the ways in which multinational companies influence Poland’s foreign trade. Cieślik sets out to check if multinational companies contribute to the fragmentation of international production processes and if their operations lead to a growing proportion of intra-industry trade in Poland’s overall trade with individual OECD countries. The author verifies this hypothesis empirically, using panel data for 29 OECD countries for the 1994-2006 period. Statistical data for Poland’s foreign trade disprove the hypothesis. Empirical data obtained with the use of fixed and random effects estimators show that country-specific factors – rather than the operations of multinational companies – are responsible for the development of intra-industry trade between Poland and other OECD countries, Cieślik says. It thus turns out that incentives other than a desire to reduce production costs tend to be the key factors driving multinational companies in their business in Poland. Cieślik also dispels worries frequently voiced in developed countries that a growing number of businesses may be tempted to move labor-intensive stages of production to emerging markets such as Poland.
Prakseologia
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2014
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issue 156
107-133
EN
Globalization and internationalization of economic activities resulted in the development of multinational companies on an unprecedented scale in the history. Changes in the organization of production and management, which gave effect of increasing productivity and maximize revenues. There were, however, negative effects of these processes: depletion of a large portion of the world’s population, expansion of the disparities between the countries of the rich North and the poor South and degradation and over – exploitation of the environment. The development of corporate social responsibility, responsible investment and promoting Fair Trade – especially during an economic crisis – can change the rules governing the world today. This crisis has focused unethical behavior of transnational corporations, the lack of accountability for the decisions, excessive desire to get rich at any cost, ordinary theft and fraud. Changes in the Amartya Sen’s and Mahbub-ul-Haq’s Human Development Index – HDI takes into account the different types of inequality (which are often negative effects of business activities) shows that our world has much to gain if we concentrate our eff orts on defeating these social disparities. The article presents three possible scenarios for the development of the global situation on the world markets with reference to the economic crisis: positive, neutral and negative variant for transnational corporations – a major player in the arena of international relations. It is worth remembering demands of the new economy - the economy of social development – oriented to increase the standard of living and wealth, and which stimulates economic growth and social development affects the reduction of social inequalities.
EN
This paper examines how Danish Headquarters (HQ) use different global integration modes to integrate one business function, i.e., the accounting function, of their Estonian subsidiaries. The study analyses the use of four specific integration modes: people, information, formalization, and centralization. 14 HQs in Denmark with corresponding Estonian subsidiaries were addressed with questionnaires eliciting their integration mode strategies. Prior to the HQ survey, the accounting functions in the corresponding subsidiaries had been interviewed regarding integration modes with the Danish HQ. The structure of accounting activities calls for the use of the formalization-based mode and the information-based mode, and therefore these modes were expected to be prevailing. The findings were consistent with our expectations, but also the centralization-based mode was extensively used. The people-based integration mode was not used extensively, but more than expected. Finally, coordination of the accounting function is not an emphasis of the HQ’s. Control but not coordination is in contrast to earlier theory and findings on the relationships between HQs and their subsidiaries
PL
W artykule przedstawiono, w jaki sposób duńskie główne centrale przedsiębiorstw wykorzystują różne globalne tryby integracji w celu zintegrowania jednej funkcji biznesowej, tj. funkcji rachunkowości, ich estońskich filii. W artykule przeanalizowano wykorzystanie czterech konkretnych trybów integracji: ludzi, informacji, formalizacji i centralizacji. 14 głównych centrali z siedzibą w Danii, wraz z odpowiednimi estońskimi filiami, uwzględniono w badaniu, wykorzystując kwestionariusz ankietowy, pokazując ich strategie dotyczące trybu integracji. Przed badaniem ankietowym w centrali przeprowadzono wywiady z działami księgowymi w odpowiednich spółkach zależnych, które dotyczyły trybów integracji z duńskim zarządem głównym. Struktura działań księgowych wymaga zastosowania trybu opartego na formalizacji i trybu opartego na informacji. Wyniki badania były zgodne z naszymi oczekiwaniami, ale także szeroko stosowano tryb centralizacji. Oparty na ludziach tryb integracji nie był intensywnie wykorzystywany, ale bardziej niż oczekiwano. Wreszcie, koordynacja funkcji rachunkowości nie jest punktem koncentracji centrali. Kontrola, ale nie koordynacja, pozostaje w przeciwieństwie do wcześniejszej teorii i ustaleń dotyczących relacji między centralami głównymi przedsiębiorstw a ich filiami.
Path of Science
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2016
|
vol. 2
|
issue 4(9)
2.31-2.36
UK
В статті розглянуто характерні риси глобальних товарних ринків. Метою статті є виявлення джерел та наслідків глобалізації товарних ринків, що спостерігається у світовому господарстві та розробці рекомендацій щодо державного та корпоративного управління в умовах глобальної конкуренції. Приділено увагу транснаціональним корпораціям, що становлять найсуттєвішу конкуренцію на глобальних товарних ринках. Досліджено вплив транснаціонального бізнесу на товарні ринки, який, з одного боку, є породженням глобалізації, з іншого боку, сам стає каталізатором глобалізаційних процесів. Простежено місце України в глобальних рейтингах. Доведено, що серед можливих варіантів поводження українських підприємств на глобальних товарних ринках найбільш ефективним є шлях інноваційного розвитку. Не зважаючи на зниження регулятивної ролі держави в глобальній економіці, рекомендовано прийняття дієвих управлінських рішень щодо підтримки національного виробника, але не на шкоду здоровій глобальній конкуренції.
EN
The features of global commodity markets have been considered in the article. The purpose of the article is to identify the sources and consequences of commodity markets globalization observable in the world economy and to develop the recommendations as for the state and corporate governance in the context of global competition. The author’s attention is paid to transnational corporations that make up the most significant competition in the global commodity markets. The influence of transnational business on product markets has been investigated. The last is defined as a product of globalization on the one hand, and becomes a catalyst of globalization processes on the other hand. Also the place of Ukraine in global ratings has been traced. It has been proved that the most effective way of behavior of Ukrainian enterprises on the global commodity markets among all the possible variants is the way of innovation development. Despite the reduction of the government regulatory role in the global economy it has been recommended the adoption of effective management decisions to support of the domestic producers but not at the expense of a healthy global competition.
EN
This article deals with intercultural contact in branches of multinational companies or corporations founded in the Czech Republic by German, Austrian or Swiss owners. Multinationalbusinesses (large ones in particular) are trying to regulate the communication within the company. This is achieved predominantly by introducing an official corporate language in the company, employing people fluent in the language, and promoting language courses. Our research, based on the analysis of questionnaires and semi-structured interview data, has shown that the foreign employees seldom adapt to the language of the local employees, while the adaptation of the local employees to the language of the foreign ones is not only usual but also expected. The regulation of the communication therefore results in the promotion of primarily asymmetrical language adaptation, which benefits the German, Austrian and Swiss owners and the German-speaking foreign employees delegated by them (the so-called expatriates). However, the companies examined also promote the use of English to a considerable extent, which provides a basis for symmetrical communication between local and expatriate employees.
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