The aim of this Seminar Paper is to give an idea of what Corporate Governance really is and what kind of role it is by internationalization between Germany and China.
Building up a national business especially means much work, thoughts and staff. That’s the first thought people have, when they think about it. In reality it means much more to build up a business. It comes along with rules, places, marketing and much more keywords. If this is all done successfully, the task is to maintain the business on the market with all its risks. Due to many scandals, which became popular during the last years, the word corporate governance became much more important. Businesses needed some rules and facts, to protect themselves from scandals or abuse.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Objectives of the Seminar Paper
- Content and Methodical Approach
- Theoretical Background
- Culture
- Culture Dimension according to Hofstede
- Corporate Culture
- Corporate Governance
- Analysis of German culture
- Culture in general
- Corporate Culture
- Corporate Governance
- Analysis of Chinese culture
- Culture in general
- Corporate Culture
- Corporate Governance
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This seminar paper explores the significance of Corporate Governance and its international application, focusing on Germany and China. It examines the complexities of international business, including cultural differences, hierarchical structures, and the challenges of navigating foreign markets. The paper aims to understand the role of Corporate Governance in mitigating risks and promoting ethical business practices within a global context.
- The importance of Corporate Governance in international business
- Cultural differences and their impact on business practices
- The role of culture in shaping Corporate Governance
- Comparative analysis of Corporate Governance in Germany and China
- The challenges of navigating cultural differences in international business ventures
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter introduces the topic of Corporate Governance and outlines the objectives and scope of the seminar paper. It discusses the increasing importance of Corporate Governance in today's globalized business environment, particularly in light of recent scandals. The chapter also highlights the significance of cultural awareness and the need for understanding cultural differences when conducting business internationally.
Chapter two provides a theoretical framework for understanding culture and Corporate Governance. It explores the concept of culture, its various dimensions, and the impact of culture on business practices. The chapter also introduces Hofstede's Five-Dimensions-Model as a tool for analyzing cultural differences.
Chapter three delves into the cultural landscape of Germany, examining its general culture, business culture, and Corporate Governance practices. The chapter analyzes how German culture shapes the country's business environment and the specific ways in which Corporate Governance is implemented.
Chapter four focuses on China, exploring its cultural context, business practices, and Corporate Governance systems. The chapter examines the unique characteristics of Chinese culture and how they influence business operations.
Schlüsselwörter (Keywords)
This seminar paper explores key concepts such as Corporate Governance, international business, culture, cultural differences, Hofstede's Five-Dimensions-Model, German culture, Chinese culture, business practices, and ethical business conduct.
- Quote paper
- Sina-Aline Schnakenburg (Author), 2018, Corporate Governance. Why Corporate Governance is necessary and how it is handled from an international point of view, Munich, GRIN Verlag, https://www.grin.com/document/466060
