RELEVANCE AND IMPORTANCE OF CORPORATE GOVERNANCE IN FAMILY OWNED BUSINESSES BY Abhijith Sudesh Gujaran FSB 2013003061 Family-Owned Businesses Family-owned businesses are the spine of many economies around the globe and their sustainability is crucial to global economic growth. Many of the world’s greatest corporations were started and are still run by family lines. In fact‚ some of the largest publicly listed companies are family-owned‚ including one-third of Fortune 500 companies. Family Businesses
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potentially momentous business decisions get made without a significant amount of debate‚ consideration‚ and in some cases‚ compromise. This is precisely the case in Google’s decision to not only open a product research and development centre in China‚ but also to revitalize its web search engine’s Chinese presence through launching Google.cn. In launching this new site‚ Google made the difficult decision to compromise on its mission of providing open and free access to information‚ in favour of
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Luxury brand’s expansion in China - Opportunities and possible strategies Bachelor thesis in International Business Spring 2011 Author: Dang‚ Xi-Er 890324-5085 Wan‚ Jessica 880226-4369 Tutor: Harald Dolles Acknowledgement This bachelor thesis has been written at the department International Business at the School of Business‚ Economics and Law at the University of Gothenburg. In the time frame of ten weeks‚ we have gained great knowledge about the luxury industry in general
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Introduction: McDonald’s in China McDonald’s is considered as the most successful and largest restaurant chain in the world. In 1990 McDonald’s opened its first store in Shenzhen China. In 1992‚ McDonald’s Beijing outlet was opened. There are more than 800 McDonald’s outlets in China today. This paper aims to analyze the importance and the extent to which culture affects the operations of McDonald’s in China. The impacts of the Chinese culture on the operations‚ policies
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Online Society in China Creating‚ celebrating‚ and instrumentalising the online carnival Edited by David Kurt Herold and Peter Marolt Introduction Noise‚ spectacle‚ politics: carnival in Chinese cyberspace David Kurt Herold The Internet in China was developed at about the same time as the Internet in Europe and America‚ but its structures and set-up were quite different. During the late 1980s and early 1990s‚ academic institutions in China began to set up intranets on their campuses
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Doing Business in China Week I. White face = bad person Good and trusted person have red face Always answer yes when someone asks have you eaten (toujours attenuer ses propos : frequently‚ sometimes‚ usually..) Yes doesn’t mean yes Importance of the hierarchy Culture overview The cultural Bell Jar (ordonnée ‘’number of person’’ / abscice vers la gauche ‘’reserved’’ (chinese for example)‚ vers la droite ‘’emotional’’ (italians for example) When we speak about culture: we must
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Microsoft in China and India‚ 1993–2007 It was early summer 2007. Craig Mundie‚ chief research and strategy officer at Microsoft Corporation‚ had just completed a transcontinental phone call with Orlando Ayala‚ Will Poole‚ Tim Chen‚ Ravi Venkatesan (HBS MBA 1992)‚ and Ya-Qin Zhang‚ all members of the senior management team overseeing Microsoft’s growth in China and India. A decade ago‚ Mundie had begun to broaden Microsoft’s forays into both countries. Now‚ he continued to mentor the China and India
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Internet Censorship in China: Keeping China from @$%#$%! It has become increasingly evident in recent times‚ that the Chinese government is continuously reinforcing their internet firewall‚ substantially censoring their people from access to such sites as Google‚ You Tube‚ Facebook‚ and Twitter‚ in an effort to smother perceived antigovernment sentiment among the citizens of China. Internet censorship in China is considered by many to be the most stringent in the world. Keith Bradsher said‚ “A
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STARBUCKS IN CHINA Marketing in the host country Before entering China‚ Starbucks decided to invest in market research to analyze the best approach to reach the Chinese market by entering joint with local companies in different regions across the country which allowed a direct access to the consumer for market research purposes. Several interesting findings were made regarding market behavior in China; first of all China is a tea-based consumption market so to generate acceptance to the Starbucks
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Overpopulation in China Taking into consideration China’s robust economic growth over the last 20–25 years‚ there is little reservation that China’s has had positive impacts on the economy. Because of the increase of the Gross Domestic Product (GDP)‚ China has saved over 400 million people from definite poverty between the years 1979 to 2005 (The State Environmental Protection Administration‚ 2007). Despite this economic growth in urbanization and industrialization‚ there have arisen major concerns
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