Ruth Aguilera

Tomorrow's Global Giants? Not the Usual Suspects, Ghemawat & Hout (2008)
Integration-Responsiveness Multinational Model: Ghoshal & Barlett
Beyond Offshoring
The End of Corporate Imperialism (Prahalad & Lieberthal 2008)
Rugman, A. & Verbeke, A. 2004. “A Perspective on Regional and Global Strategies of Multinational Enterprises.” Journal of International Business Studies.
Flores, R., and R. V. Aguilera. 2007. “Globalization and Location Choice: An Analysis of U.S. Multinational Firms in 1980 and 2000.” Journal of International Business Studies, 38(7): 1187-1210.

******SPRING BREAK*****

Week 2: HOME-COUNTRY EFFECTS AND GLOBAL STRATEGY

Distance Still Matters, Ghemawat
George S. Yip, “Global Strategy… in a World of Nations?” Sloan Management Review (Fall 1989), pp. 29-41.

Cases: CEMEX and HAIER.

Case Write-up: Using one of the two readings (Ghemawat or Yip), compare the global strategies of Cemex and Haier (you can use the case questions in the syllabus to guide you). For example, did they have effective competitive strategies? did their competitive advantage travel well? [2 single-space pages, and 2 pages of exhibits if needed]

Printed Case-write up due at the beginning of class.

Slides: here

Media readings:

CEMEX WSJ Dec2008

"The Dangers of Turning Inwards" WSJ 2009

Optional:

Emerging Giants- Building World-Class Companies in Developing Countries, Khana & Papaleu (2007)
Tomorrow's Global Giants? Not the Usual Suspects, Ghemawat & Hout (2008)
What is a Global Manager?
Yip and Coundouriotis

Week 3: COMPARATIVE CORPORATE GOVERNANCE

Case: PetroChina

Reading: Models of Corporate Governance

Anglo-American Capitalism on Trail (NYT, March 29, 2009)

Recent Financial Upheavals (Freakanomics, NYT, Sept. 18, 2009)

Executives vs. Directors (NYT, April 5, 2009)

Executive Compensation (NYT, April 5, 2009)

Global Corporate Governance (Financial Times 2005, Aguilera & Yip), READ pp. 4-5;

slides: here

OPTIONAL:

Corporate Governance in China (Fan, Wong & Zhang, JFE, 2007)

Aguilera (2004) Corporate Governance

" Analysts Look Back on Historic Financial Year" NewsHour Interview 1/1/09 (15 min.)

"Change in Accounting Rules might Carry Big Impact." NewsHour April 2, 2009 (10 min.)

Corporate Boards in Turmoil (WSJ, Sept. 06)

CEOs & Boards (Oct. 5th, 2006- WSJ)

Week 4: GLOBAL PROFESSIONAL RESPONSIBILITY

Guest Speakers:

(1) Mrs. Gretchen Winter, Executive Director, Center for Professional Responsibility in Business and Society College of Business (formerly Vice President and Counsel, Business Practices/Ethics and Compliance, at Baxter International).

(2) Mr. Perry A. Minnis, Global Director - Ethics, Compliance & Advisory Services at Alcoa.

Case: IKEA

Readings:

(1) Corporate Responsibility Waddock 2008

(2) The End of Corporate Imperialism (Prahalad & Lieberthal 2008)

Week 5: CROSS-CULTURAL NEGOTIATION

Case to read will be in your mailboxes by April 20, 2009 at 8am

Please prepare your role and bring the envelope to class.

Optional Readings:

Cross-Border negotiations:

Negotiating Globally

The Hidden Challenges of Cross-Border Negotiations

The Chinese Negotiation

General:

Negotiating with Romans I

Negotiating with Romans II

Week 6: FOREIGN MARKET ENTRY EXERCISE

Case: "The Australian Challenge" (download from compass)

Readings:

Kumar, V. and Subramaniam, V. “A Contingency Framework for the Mode of Entry Decision,” Journal of World Business, 32(1) (Spring 1997), pp. 53-72. 1

Horn, J. T., Lovallo. D. P., and Viguerie, S. P. 2005. “Beating the Odds in Market Entry,” The McKinsey Quarterly, 4: 35-45. 1

Foreign Modes of Entry slides: here

Case-write up due at the beginning of class.

PLEASE READ THESE INSTRUCTIONS FOR DVD

INDIVIDUAL CASE WRITE-UP QUESTIONS:

* What lessons can we draw from the Australian case? (80%)

* Within the Austral-Asian region, where should Freixenet go next? Why? (20%)

Individual Freixenet case write-up is due on April 29 & 30th in class! [2 pages single space plus a page for graph/tables]

Non-required additional reading: Wine Globalization (WSJ, August 2006)

I AM LOOKING FORWARD TO A SPARKLING PERFORMANCE!!!

Week 7: FINAL EXAM

Case:

To be picked up in BIF3019 (Ms. Mary Sproat)

Due: May 6th at 5pm (or any time earlier) in BIF3019 (Ms. Mary Sproat)

Maximum length four pages single-space (including exhibits)

EXAM (each question is worth 10 points):

Select one (or two) of the Global Strategy tools that we have learned in the course.

1. Explain the tool and how you can improve it.

Answer the following questions regarding the case with your selected Global Strategy tool:

2. What are the most important differences between international oil and gas markets? How is Russia situated in those markets?

3. How much protection do Production Sharing Agreements (PSAs) provide for foreign investors? Why are PSAs so controversial in Russia?

4. Should Shell's managers proceed with Sakhalin II, and invest another $10 billion in Russia, despite the fact that the project's legal issues have not yet been resolved? How can Shell's managers mitigate the risks associated with this project?