Performance Evaluation of Foreign Subsidiaries

Language: English

Published by GRIN Verlag Dez 2008, 2008

3640230388 / 9783640230389

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -Seminar paper from the year 2008 in the subject Business economics - Controlling, grade: 1,7, European Business School - International University Schloß Reichartshausen Oestrich-Winkel, course: Seminar Controlling, language: English, abstract: Long before the globalisation had become a buzz word and an impetus for companies toinvest abroad, enterprises enlarged their 'business playing field' into foreign countriesfor various reasons, such as to capture a new market, to secure resources, or to take advantageof local cost levels. Therefore, subsidiaries are heavily involved in the valuecreation process for and within multinational corporations (MNCs). However, despitethe fact that the measurement of performance is crucial for globally active companiesnot only in steering the value creation for the MNC but also, for example, in fosteringinternational expansion or guiding resource allocation, MNCs differ significantly in theextent to which they are aware of the performance of their subsidiaries.Due to the fact that strategic decisions regarding the global expansion of a MNC requirea wide and clear information basis to be able to assess how successfully a foreign subsidiaryhas conducted its business or under what possibly unfavourable environmentalconditions the business results were achieved, multinational enterprises have to implementa system for evaluating the performance of their foreign subsidiaries and theirmanagement. Therefore, this paper aims to analyse the central aspects to consider in theevaluation of the performance of foreign subsidiaries.This paper is divided into five chapters. After a short introduction to the theoreticalbackground of performance evaluation in chapter 2, the paper continues in chapter 3with the central issues of an effective performance evaluation system for foreign subsidiarieswith a clear focus on the aspect of separating managerial and subsidiary performance.Then chapter 4 illustrates the measures used for evaluating foreign subsidiaryperformance. Finally, the paper concludes by emphasising that an MNC can properlyevaluate the performance of it foreign subsidiaries only by considering the specific environmentalfactors of the foreign country, separating managerial and subsidiary performance,and supplementing financial with nonfinancial measurements.[.] 32 pp. Englisch.…

Seller Inventory # 9783640230389

Title
Performance Evaluation of Foreign Subsidiaries
Author
Hendrik Vedder
Publisher
GRIN Verlag Dez 2008
Publication year
2008
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3640230388
ISBN 13
9783640230389
Item weight
62 grams
Dimensions
210x148x3 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

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BuchWeltWeit Ludwig Meier e.K.

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