International Business Control, Reporting and Corporate Governance (eBook)

Global business best practice across cultures, countries and organisations

Georges Nurdin (Autor)

eBook Download: PDF

2011 | 1. Auflage
240 Seiten
Elsevier Science (Verlag)
978-0-08-094214-8 (ISBN)

Infos

This book is designed to help Business Controllers / Accountants / Finance Directors / Bankers / Financial Analysts / Business Consultants to understand that International Business Control is much more than just a business being IFRS and US GAAP compliant, or just an extension of the domestic HQ control system.
•Go beyond IFRS and GAAP to see what best practice measures can be put in place to avoid global business failure
•Look at the cross-cultural issues surrounding global businesses and be easy to read, understandable and easy to memorize - a practical book for the busy financial and business control manager
•Combine case studies of the best global businesses who have wide global practice (eg GE, du Pont de Nemours, Toyota, Siemens, Valéo, Scania, etc.) with advanced academic research

Georges Nurdin, MSc., MBA, Ph.D, FinstD, studied international business, management and economics in Oxford (UK), Paris (France), Berlin (Germany) and in the USA. For over 20 years he held global divisional CFO, CEO and Director positions in leading American and European multinational corporations, including GE, Du Pont de Nemours, L&G-Siemens and Valéo. His extensive international experience spans Europe, Russia, the Middle East, Africa, the Americas and Asia.
For the last ten years Dr Nurdin has advised private and public sector boards and international organisations on international business, economics, trade and cross cultural management.
Dr Nurdin authors articles and
publications and regularly delivers lectures and conferences in leading world business schools.

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This book is designed to help Business Controllers / Accountants / Finance Directors / Bankers / Financial Analysts / Business Consultants to understand that International Business Control is much more than just a business being IFRS and US GAAP compliant, or just an extension of the domestic HQ control system. Go beyond IFRS and GAAP to see what best practice measures can be put in place to avoid global business failure Look at the cross-cultural issues surrounding global businesses and be easy to read, understandable and easy to memorize - a practical book for the busy financial and business control manager Combine case studies of the best global businesses who have wide global practice (eg GE, du Pont de Nemours, Toyota, Siemens, Valeo, Scania, etc.) with advanced academic research

Inhalt

Front cover 1
International business control reporting and corporate governance 4
Copyright page 5
Table of contents 6
List of figures 10
Foreword 12
About the author 18
Chapter 1 Preface 20
Chapter 2 From domestic business controlling to international business controlling 26
2.1 From audit/procedures-based conformity to (co) piloting 28
2.2 From "ex post" control to "ex ante" control 30
2.3 From simple, linear and predictable to complex, turbulent, non-linear and non-predictable 32
Summary 34
Chapter 3 The different business-controlling models according to the different phases of internationalisation process/dynamics 36
3.1 From the "first landing" phase to the "go native" phase of dynamic internationalisation 38
3.2 From the "go native" to the "multinational" phase 63
Summary 76
Chapter 4 Business and their control related issues 78
4.1 The five fundamental factors that determine, characterise and measure cultural influences 80
4.2 The different communication patterns according to cultures and ad hoc reporting styles and contents (explicit, non-explicit, direct or circular, etc.) 82
4.3 The different business organisations and their relative fit or misfits with main business cultures (why matrix is sometimes a mess, why flat organisations are not always working, etc.) 87
4.4 The different cultural attitudes towards control and the relative (in)adequacy of the most common reporting systems 91
4.5 Planning, budgeting and other "future telling" dimensions: their relative (non)importance in different cultural areas. The specific cases of China and India. The notion of time and their related controlling points:… 96
4.6 Delegation of authority (budgets, projects, subsidiaries) versus cultures (collective/shared authority) 107
4.7 The "people" versus "numbers" model: How does it affect reporting and controlling? 109
Summary 114
Chapter 5 Roles and competences of business controlling according to different cultural models 116
5.1 Latin 118
5.2 Germanic 122
5.3 British 124
5.4 North American 126
5.5 Scandinavian 130
5.6 Japanese/Asian 131
Summary 134
Chapter 6 How should business controlling be shaped to best fit with phases of internationalisation dynamics, cultures and critical factors? 136
6.1 The different patterns 138
6.2 The North American MNC's business style and controlling attitude 139
6.3 The European MNC 142
6.4 The M& As
Summary 162
Chapter 7 Which profile for which type of international business controller? 166
7.1 The international HQ Group Controller 168
7.2 The international resale trading subsidiary controller 172
7.3 The international manufacturing subsidiary controller 173
7.4 The international joint venture controller 179
7.5 The international project controller 184
Summary 187
Chapter 8 Controlling for international enduring performance: the dawning of a revolution – generating and controlling global enduring performance 190
8.1 What really is an international business-enduring performance? 194
8.2 The fundamental underlying drivers behind the "everlasting" success: the N12 MODEL 198
8.3 The new control keys "soft" factors last longer than "hard" factors, scoring the N12 MODEL, the I[sup(2)]Q, diagnostic, prognostic and remedies 205
8.4 How to implement the new grid: monitor your cultural factors 208
Summary 212
Chapter 9 Controlling for the environment 214
9.1 Sustainable growth: just an oxymoron? 217
9.2 Entropy versus infinity: Malthus, Georgescu, Meadows versus Brundtland 217
9.3 Nicholas Stern on environment economics: the economic argument 220
9.4 The IIRR 221
9.5 How to control: from today's best concepts issuing from the UN and related think-tanks to real business world best practices 222
Summary 228
Chapter 10 Conclusion 230
Index 236
A 238
B 238
C 238
D 238
E 238
F 239
G 239
H 239
I 239
J 240
K 240
L 240
M 240
N 240
O 240
P 240
Q 240
R 240
S 241
T 241
U 241
V 241
W 241

Produkt-Details

• Erscheint lt. Verlag: 8.4.2011
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• ISBN-10: 0-08-094214-8 / 0080942148
• ISBN-13: 978-0-08-094214-8 / 9780080942148