About: Representative office is a research topic. Over the lifetime, 72 publications have been published within this topic receiving 433 citations. The topic is also known as: overseas representative office.
TL;DR: In this article, the authors measured fourteen constructs of human resource management practices in 286 Chinese foreign subsidiaries headquartered in the United States, Japan and Germany, and significant differences are related to financial control from the foreign parent, organizational form (joint venture, wholly owned foreign subsidiary or representative office) and time since entry into the Chinese market.
Abstract: In seventy items measuring fourteen constructs of human resource management practices in 286 Chinese foreign subsidiaries headquartered in the United States, Japan and Germany, significant differences are related to financial control from the foreign parent, organizational form (joint venture, wholly owned foreign subsidiary or representative office) and time since entry into the Chinese market. The differences appear to be governed more by the push from parent-firm economic considerations and venture structure and the pull from specific Chinese HRM conditions than by the push related to home country of parent or factors associated with industry type. In addition, a fair number of HRM practices appear unaffected by any of these factors, and these may be more universal in form.
TL;DR: In this paper, the authors identify and define a taxonomy of 10 basic entry modes for international construction markets, including strategic alliance, build-operate-transfer equity project, joint venture project, representative office, licensing, local agent, joint Venture company, sole venture company, branch office/company, and sole venture project.
Abstract: The global construction market is large, expanding, fragmented, regionally fluctuating, heterogynous, risky, and highly competitive. To survive and grow in this arena full of opportunities as well as pitfalls, international contractors must use the most appropriate entry modes for targeted overseas markets. The globalization process in the construction industry has seen various entry modes adopted by international contractors to meet specific internal and external business and project environments, and new innovative entry modes continue to emerge. It is, therefore, important for contractors to understand a comprehensive set of entry mode options and their respective characteristics, structure, formulation process, advantages, and disadvantages. Through analysis of 94 market entry cases, this paper identifies and defines a taxonomy of 10 basic entry modes for international construction markets, including strategic alliance, build-operate-transfer equity project, joint venture project, representative office, licensing, local agent, joint venture company, sole venture company, branch office/company, and sole venture project.
TL;DR: In this paper, the effects of foreign expansion on the market values of U.S. banks were examined and the results showed that shareholders of USBs experienced significant abnormal returns of −0.17 percent when banks announced foreign expansions.
Abstract: The effects of foreign expansion on the market values of U.S. banks (USBs) are examined in this study. The results show that shareholders of USBs experience significant abnormal returns of −0.17 percent when banks announce foreign expansions. Abnormal returns are insignificant when the announced mode of expansion is through a representative office, are significantly positive for announcements related to branches, and are significantly negative when the announced mode of expansion is through formation of a joint venture or a subsidiary, or through an acquisition. Abnormal returns are significantly negative when banks announce expansion into developed countries, and are significantly positive when announcements relate to risky developing countries. Post-announcement changes in the total variance of returns and in the unsystematic risk of USBs are inversely related with abnormal returns. Higher wealth effects are associated with higher levels of prior overseas experience.
TL;DR: In this article, the authors investigate the impact of geographic integration and the level of multinationality by expansion as a foreign branch or representative office on the parent bank performance of 45 European banks during 2000-2007.
TL;DR: A model for identifying environmental, cost-effective retrofitting measures by assessing their energy, economic and environmental impact when they are applied to the entire office stock was devised and showed that the most efficient energy renovation measures are heat pump replacement and replacement of lamps with LEDs.