TITLE

The PERILS of Managing OVERSEAS

AUTHOR(S)
Sweeney, Paul
PUB. DATE
June 2001
SOURCE
Financial Executive;Jun2001, Vol. 17 Issue 4, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on the difficulties facing managing companies abroad. Globalization is increasing and it has resulted in companies moving their business activities abroad. However, the customs and culture of territories are unfamiliar to the companies and often conflicting. Also, geographical distance also poses difficulty to companies abroad as it can diminish transparency and create opportunities for fraud. White-collar crime, including money laundering, is more likely because there are no face-to-face transactions and companies must rely on electronic mail or mobile communication with managers. INSET: When Far-Away Problems Hit Home.
ACCESSION #
11873337

 

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