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Global Firms and Emerging Markets in an Age of Anxiety
 
 
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Global Firms and Emerging Markets in an Age of Anxiety [Hardcover]

Srinivas Prasad (Editor), Pervez N. Ghauri (Editor)

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Book Description

April 30, 2004 156720421X 978-1567204216

The terrorist attacks of September 11, 2001, ushered in an age of anxiety along with the new century, an anxiety that has affected the international business climate in a variety of subtle and not-so-subtle ways. For one, the cost of doing business internationally has increased, for global firms and host countries alike. For another, understanding shifting geopolitical conditions in the developing world has become more crucial than ever to grasp if the world's multinationals—whether of American, British, European, or Japanese origin—are to take the best advantage of new market opportunities. These market opportunities are well within the experience range and grasp of the multinational consumer product and industrial firms as well as service enterprises. But the same corporate methodologies that were employed in decades past are unlikely to be sufficient for the age of anxiety that is upon us. The contributions assembled here offer the benefits of the collective wisdom of mature scholars with decades of consulting experience along with fresh ideas and new research hypotheses.


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Book Description

Illuminates the challenges faced by global firms doing business in those developing countries that have attained the status of emerging markets, and highlights issues unique to the post-Sept. 11 business environment.

About the Author

S. BENJAMIN PRASAD is Director of York Research in Mount Pleasant, Michigan, and Professor Emeritus of Management at Ohio University and Central Michigan University. He has taught or conducted scholarly research in Brazil, Canada, Kuwait, Ireland, Japan, Malaysia, Mexico, and the Netherlands during a thirty-year period. PERVEZ N. GHAURI is Professor of International Business at the University of Manchester Institute of Science and Technology.

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
misappropriation risk, falling price premiums, prior joint venture experience, collective pay system, low initial trust, country risk score, high initial trust, joint venture size, advantageous resources, optimal trust, home country culture, entering emerging markets, joint venture control, family conglomerates, joint venture engages, domestic business groups, marketing joint ventures, neutral resources, export competition, global firms, joint venture activities, institutional distance, manufacturing joint ventures, joint venture parent, local general manager
Key Phrases - Capitalized Phrases (CAPs): (learn more)
East Asia, New York, Latin America, United States, World Bank, Oxford University Press, Academy of Management Review, Harvard Business Review, Hong Kong, South Korea, World Development, Journal of Management, Cambridge University Press, International Joint Venture Control, Strategies of Multinationals, Contemporary China, The Economist, United Nations, Washington Consensus, World Investment Report, World Trade Organization, Free Press, Initial Trust of Joint Venture Partners, Management International Review, Rock Group
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