20219 - ACCOUNTING AND CONTROL IN MNCS
CLMG - M - IM - MM - AFC - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT - GIO
Course taught in English
Go to class group/s: 31
- Analyze a multinational financial reporting.
- Evaluate local and global performance in diversified multinational corporations.
- Design multinational planning and control systems according to the different international strategy, structure and subsidiary role.
First part: the role of administrative mechanisms in multinational corporate management.
- The role of administrative mechanisms in the management of diversified multinational corporations.
- Strategy and structure in an international environment: multinational strategies, global competitive advantages and worldwide organizational structures.
- Corporate role and coordination of multinational enterprise: global strategic coordination, multinational integration of operations, local responsiveness.
- Consolidation of accounts and group financial reporting.
- Information flows, different national accounting standards and reporting uniformity.
- Multinational financial reporting: problems and practices.
- Exchange risks and international transfer pricing policies: management, legal and fiscal aspects.
- Multinational performance evaluation: local operating units vs local managers.
- Performance evaluation and strategic alignment in international companies.
- Multinational corporate planning and budgeting: the different approaches.
- The role of multinational management accounting mechanisms.
- Controlling the subsidiary: the different coordination and control mechanisms.
- Multinational network and strategic roles of subsidiaries.
- Connecting subsidiary role to the set of control mechanisms: toward a contingency approach.
- Planning and control systems and internationalization process: a life-cycle perspective.
- Final written exam: every single student must take a written exam composed by two questions (one referring to a class case discussion). Time: 1 hour and 15 minutes. Weight: 21 points.
- Group Work: a small group of students must prepare a Group Class presentation and executive summary of some scientific articles on course topics. Weight: 9 points.
- Class Participation: every single student contribute to case discussion and to class atmosphere. Weight: 2 points.
- Final written exam: every single student must take a written exam composed by two questions (one referring to a class case discussion, and one to optional textbook chosen). Time: 2 hours. Weight 100%.
- Text of readings and cases by the professor.
- Readings collection.