Factors Affecting the Adoption of High Performance Work Systems in Foreign Subsidiaries: An empirical investigation in Hong Kong FACTORS AFFECTING THE ADOPTION OF HIGH PERFORMANCE WORK SYSTEMS IN FOREIGN SUBSIDIARIES: AN EMPIRICAL INVESTIGATION IN HONG KONG Ngo‚ Hang-Yue The Chinese University of Hong Kong Sharon Foley Tsinghua University‚ China ABSTRACT High performance work systems (HPWS) have been increasingly used in multinational corporations (MNCs). Drawing upon institutional theory
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201KM GROUP PROJECT CASE STUDY 4 McDonalds and Hong Kong McDonalds celebrated its 50th anniversary in April 15‚ 2005 and remained true to the statement "As far as I can tell‚ the only place you can’t get a Big Mac is in outer space." (1990) The company operates as a global business through franchising. In 2004‚ the company reported to have established 30‚000 local restaurants located in 115 countries across five continents. It is the biggest fast food retailer conquering markets
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phenomenon of Hong Kong Kids I The Phenomenon of Hong Kong Kids THE PHENOMENON OF HONG KONG KIDS II Abstract In recent years‚ children who born after 1990s are labeled “Hong Kong kids”. The comments towards “Hong Kong kids” are mostly negative. This paper is aimed to discover “Hong Kong kids” characteristic‚ and the cause of this phenomenon. Throughout examining “Hong Kong kids”‚ it can
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tourism industry in Hong Kong further lost its lustre? For years‚ a huge amount of tourists from all over the world had flooded into the territory in search for Hong Kong¡¦s shoppers¡¦ and gourmets¡¦ paradise. However‚ recently‚ Hong Kong seems losing its edge in luring tourists. Hong Kong used to supply goods with cheap prices because of its simple tax system which charges low tax on almost every item except cigarette and alcohol. Because of that‚ clothes in Hong Kong are of good quality but
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Which factors contributed to the defeat of the Nazis in the USSR? The defeat of the Nazi armies in Russia can be attributed to several factors‚ which all proved disastrous to the Nazis. These factors include overstretched supply line‚ poorly equipped soldiers and Russia’s massive size. The main factor leading to the Nazi defeat was Russia’s massive size and weather. Due to the sheer size of the country‚ the German soldiers soon became exhausted and their morale lowered. The size of the country
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Disney tried to expand their empire further into Asia‚ they were not at all as successful as they had originally expected. With the success of Tokyo Disney Resort producers of Hong Kong Disney were projecting the same experiences to happen in Hong Kong. By using the failures found in Disneyland Resort Paris they knew what not to do in order to achieve greater worth of the Disney name abroad. Though Tokyo and Paris are completely different cultures‚ the adaptation of each culture was done in two
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LS- Hong Kong Today Topic 1 Measure the Quality of Life In Hong Kong From Different Perspectives Learn about the quality of life Meaning of Quality of Life -material aspect: different kinds of material enjoyment that can be brought with money -spiritual aspect: the sense of satisfaction on a spiritual level which may not be bought with money -quality of life: the degree of satisfaction in the material and spiritual aspects of life Measurement of the quality of life (i)Factors affecting quality
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the loopholes of existing system. Recent trend of INEDs jumping ships during company crisis has alarmed us about insufficient minority protection. For example‚ Dr Hans-Joachim Körber resigned as INED during Esprit’s difficult time. Mr. Lim Meng Ann resigned as INED amidst Li Ning Company Limited’s poor operating performance. So a question remains: Are INEDs part of an effective corporate governance mechanism? Problems First‚ INEDs are elected by controlling interests instead of minority shareholders
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Analysis of the Hong Kong Economy after the Financial Crisis Cao Hongliu School of Management‚ Guangdong University of Technology‚ Guangdong‚ P.R.China‚ 510520 (E-mail: hongliucao@126.com) Abstract This paper analyzes the current economic development and the status of leading industries in Hong Kong. It shows that Hong Kong economy‚ which is mainly comprised of the service industry in particular‚ facing with both opportunities and challenges after the financial crisis. Hong Kong economy has a wide
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1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? The valuation of Hong Kong Disneyland from the perspective of Walt Disney is done by taking the following assumptions: Cost of Capital = 9.52% Cost of Government Debt = 8.19% Cost of Commercial Bank Debt = 11.36% Cost of Equity = 12.3% (10 year average) Inflation = 7.31% (10 year average) Gross margin = 37% Operating Cost = 22% Variable Management Fee = 5% With the above assumptions the FCF
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