Friday, January 30, 2009

Political and Legal Environment

Domestic, international and political environment impacts MNC.

When we make the above statement what do we mean? What is being impacted? Where are the areas that we see change or differences?

US government supports companies by providing information.

Is that a good use of government them?

Company Trade Reports

Ideologies and Political systems

What do you think a country’s ideology tell us about the political system they adopt? ..about how that system is supported?

The text talks about the complexity of dealing with the EU because of the individualistic and collectivist ideals. Why does this increase complexity?

What is the difference between nationalization of businesses and nationalism?

What are the positive and negatives of nationalism? Do the benefits outweigh the costs?

Do you think there are different consequences for nationalism in the US and China?

Principles of International Law

Sovereignty and Sovereign Immunity

Countries have the right to rule

International Jurisdiction

Nationality Principle

Retain jurisdiction over own citizens

Territoriality Principle

Retains jurisdiction within territory

Protective Principle

Retain jurisdiction over behavior threatens security

Doctrine of Comity

Respect for laws, institutions, and governments in reference to own citizens

Act of State Doctrine

Accepts acts of other countries even when in conflict with US

Treatment and Rights of Aliens

Forum for Hearing and Settling Disputes

Legal and Regulatory Issues

Foreign Corrupt Practices Act

1977 – address bribes in international business

How did the critics think this act would impact business? Did that turn out to be the case? Why do you think these results happened?

Foreign Corrupt Practices Act

Law.com Law Blog with examples of FCTPA

Bureaucratization

Privatization

National Center for Policy Analysis

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