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Chequered Boards

Chequered Boards INTERNATIONAL COMPANIES tend to be larger than national ones, but I think the real distinction between the two is likely to be one of complexity rather than sheer size. In an international company the decisions that have to be made by the board may be individually no weightier, but the factors that affect the decisionmaking process will certainly be more numerous. For every country in which the company operates, or considers establishing a business, there will be a separate set of factorseconomic, political and social, for exampleto consider. Often there is interaction between these sets of factors, and at any point in time their relationship can be radically changed by a single new factor with international implications, such as the Nixon package. All this makes for complexity of organization, finance, investment planning and personnel development. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Industrial Management Emerald Publishing

Chequered Boards

Industrial Management , Volume 72 (3/4): 2 – Mar 1, 1972

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0007-6929
DOI
10.1108/eb056174
Publisher site
See Article on Publisher Site

Abstract

INTERNATIONAL COMPANIES tend to be larger than national ones, but I think the real distinction between the two is likely to be one of complexity rather than sheer size. In an international company the decisions that have to be made by the board may be individually no weightier, but the factors that affect the decisionmaking process will certainly be more numerous. For every country in which the company operates, or considers establishing a business, there will be a separate set of factorseconomic, political and social, for exampleto consider. Often there is interaction between these sets of factors, and at any point in time their relationship can be radically changed by a single new factor with international implications, such as the Nixon package. All this makes for complexity of organization, finance, investment planning and personnel development.

Journal

Industrial ManagementEmerald Publishing

Published: Mar 1, 1972

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