Government corruption and the entry strategies of multinationals - Essay Example

Comments (0) Cite this document
Summary
Controversy has reigned in respect of the corporate governance of Multinational Enterprises (MNEs), which has created problems regarding effective corporate governance in relation to activities of a corporate group and multinational enterprises (MNE), with practical difficulties…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Government corruption and the entry strategies of multinationals
Read TextPreview

Extract of sample
"Government corruption and the entry strategies of multinationals"

Download file to see previous pages us of this paper is to undertake a review of the article of Rodriguez et al entitled “Government Corruption and the entry strategy of multinationals” and it is submitted at the outset that it is firstly necessary to undertake a contextual review of the central issues facing MNEs, government corruption and entry mode strategies, which I shall undertake in section 1 as a precursor to the detailed consideration of Rodriguez et al’s arguments in the article.
The limitations of the law as a tool for regulation of MNEs by states was further evidenced by the dictum of Slade LJ in the case of Adams v Cape ([1990] Ch 433) per Slade LJ where he asserted that “we do not accept as a matter of law that the court is entitled to lift the corporate veil against a defendant company which is the member of a corporate group merely because corporate structure has been used so as to ensure that legal will fall on another member of the group rather than the defendant company” (p.544).
Moreover, the UK courts have struggled to address the commercial reality of group companies, indicating a distinct preference for maintaining the sanctity of the separate legal entity principle, which on the one hand arguably facilitates potential for entry mode abuse of the MNE structure or alternatively impedes entry mode depending on the nature of state corruption. Indeed, Rodriguez et al highlight the importance of entry mode strategy to MNE success and therefore it is submitted that the interrelationship between effective governance, corruption and entry level strategy is, which is arguably ignored by Rodriquez et al in their article.
Additionally, group company structures often create problems of effective regulation and accountability, yet existing principles of law have arguably been stretched to ignore separate legal personality within a group, which clearly shapes entry mode strategy (Nygh, 2002). This further indicates a different dimension to the debate regarding corruption and MNE ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Government corruption and the entry strategies of multinationals Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1552373-government-corruption-and-the-entry-strategies-of-multinationals
(Government Corruption and the Entry Strategies of Multinationals Essay)
https://studentshare.org/miscellaneous/1552373-government-corruption-and-the-entry-strategies-of-multinationals.
“Government Corruption and the Entry Strategies of Multinationals Essay”, n.d. https://studentshare.org/miscellaneous/1552373-government-corruption-and-the-entry-strategies-of-multinationals.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Entry Strategies and Globalization
...?The industrial revolution that started in the 19th century changed forever the way business organizations operated in America and abroad. Businesseswere able to increase their production a lot which changed the way companies they distributed their products and services. Companies suddenly had more production available than what the local marketplaces could process. The globalization movement of the 20th century found a solution to the problem by providing businesses with different alternatives to achieve market entry. The four major market entry strategies available to business are indirect and direct export, licensing, joint ventures, and direct investment. The globalization movement...
2 Pages(500 words)Essay
Government corruption in Africa
...Government Corruption in Africa I. Overview of Corruption II. In what Nature does Corruption exist in Africa? III. Corruption and Growth in Africa a. Why did corruption develop at a higher pace in Africa than the rest of the world? i. Fighting Corruption b. Why has the process of combating corruption become a tuff task in Africa? IV. Conclusion Government Corruption in Africa Introduction The word corruption can simply be defined as moral pervasion where a person does not do a task in an honest manner. It can also be defined as the misuse of...
10 Pages(2500 words)Research Paper
Market Entry Strategies
...Research (JMR), Vol. 45 Issue 5, p575-592 Elena, S. 2012. The Strategic Alternatives for Emerging Markets Entry Strategies of Multinational Companies and Their Main Investments in Romania. Review of International Comparative Management / Revista de Management Comparat International, Vol. 13 Issue 2, p337-347 Feng, Z & Marco, I. 2012. Entry into platform-based Markets.  Strategic Management Journal, Vol. 33 Issue 1, p88-106. Gwendolyn, L. 2008. Relevance of organizational capabilities and its dynamics: What to learn from product entrants portfolios about the determinants of entry timing.  Strategic Management Journal, Vol. 29 Issue 12, p1257-1280. Guo, W...
10 Pages(2500 words)Essay
State and Local Government Corruption
...and Local Government Corruption Local government corruption is one of the greatest continuing dilemmas that cause problems in any society (Local Government 1992, pg 1). In broad terms, political corruption is the misuse of public (governmental) power for unlawful, usually clandestine confidential benefit and all forms of government are vulnerable in practice to political corruption. Degrees of corruption vary greatly, from minor uses of authority and backing to do and return favors, to institutionalized bribery and even extortion, influence peddling, and fraud (Political...
7 Pages(1750 words)Essay
Global Market Entry Strategies
...Case Study: Ultravac Global Market Entry Strategies Offer both Opportunities and Threats, Impacting on Managers' Decisions, and Organization Success1 (a). List and describe the external factors faced by Ultravac in both its domestic and international environments (800 words). Ans. Key external factors faced by Ultravac in Domestic environment are; There were few competitors, which made the company bit complacent in their approach and company officials did not think it fit enough to devote much of their time towards shaping the long-term future of the company. In 1982, the company won a national award for one of their medical pumps. Though it came as a pleasant surprise for the company, but it helped the...
12 Pages(3000 words)Essay
RUSSIAS'S GOVERNMENT CORRUPTION AND HUMAN RIGHTS VIOLATIONS
...media, the government represented its vendetta against oligarchs and Berezovsky and Gunisky in particular, as part of a new campaign to restore the rule of law to Russia.20 It was against this political background that Khodorkovsky attempted to initiate a merger between Yukos and Sibneft. 21 Such an acquisition would have established Yukos-Sibneft as the world’s fourth largest oil company.22 The proposed merger was announced to the public in April 2003 and largely viewed as a political rather than a business venture, largely because the merger would have effectively created a politically influential entity.23 Early Evidence of Corruption and Injustice The focus on Yukos would be vastly seen as a part...
22 Pages(5500 words)Term Paper
Corruption in the Pakistan Government
...Corruption in the Pakistan Government Introduction A review of literature reveals that the concept of corruption has been discussed even during the times of the great philosopher Aristotle. Over the years, the term has been meant to describe what Aristotle had written on the topic, that corruption entails private gain at the expense of the public. Corruption according to thinkers and writers results from power or lack of money. Studies have also shown that developing or under-developed economies are more prone to corruption in governance when compared to developed economies. This area will be discussed in more detail...
8 Pages(2000 words)Research Paper
Entry Strategies and Exporting
...Entry Strategies and Exporting Introduction Over the of the past few decades, it has been operational, M and W have proven to be a very profitable firm and in its home market it has virtually taken over the apparel industry. Although it is not a monopoly, it has made sizable inroads into the market share of every other competitor and it currently holds approximately 70% of the national market share. This has resulted in high profits and numerous other benefits; however it appears the firm has reached a saturation point and it cannot reasonably expect to achieve any significant growth in the local market. Consequently, the firm stands at the threshold of the next step which is taking its operations to...
14 Pages(3500 words)Essay
Competitive Strategies & Government Policies
...Competitive Strategies & Government Policies Government policy and regulation are the ments that give guidance to decisions. The main aim of policies is to achieve the results that are rational. Policies assist the senior management in testing and making factors of decision making. Policies directly affect the automobile industry. They regulate safety, manufacturing, information about consumers and pollution (Gallagher, 2006). This paper reviews the policies and regulation that affect automobile. The first category is factory assistance programs. It includes the programs that support manufacturing industries of automobile, marketing, and promotions. This involves marketing and supply of...
1 Pages(250 words)Essay
Global Market Entry Strategies
...Global market entry strategies YourFirst YourLast Global Market Entry Strategies What is the amount of equity being invested by Volvo in the joint venture in China? 45% stake 2. What will be the benefits of the alliance to the Swedish Volvo? a) help the Volvo group to enter the Chinese market, which is the worlds largest market for trucks, with a total market for heavy trucks equivalent to the European and North American markets combined 3. What will be the benefits of the alliance to the Chinese Dong Feng? a) The Dongfeng brand will become a global brand 4. What has been the strategy of the Chinese government for...
1 Pages(250 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Government corruption and the entry strategies of multinationals for FREE!
Contact Us