Will upload documents about the topic Essay Example | Topics and Well Written Essays - 2250 words

Will upload documents about the topic - Essay Example orld outward stock of FDI was estimated to be $10,672 billion in 2005 (EC, 2015).This huge amount was due to the increasing activities of multinationals. These activities of Multinational enterprises have a direct impact on rising amount of world GDP. The overall global foreign direct investments have been fluctuating over the last few years. One of the reasons for this was the economic and financial crisis that has affected the world economy. Economic crisis of 2008 has changed the behavior of the international investors and they have become more cautious before making investment in other countries. If the Foreign direct investment flow for the last few years has been analyzed; then a fluctuating trend can be identified. FDI flows had declined in the year 2012. However this flow had increased again in the year 2013. This increase in the FDI Flows was caused in the era of 2010 and 2013 because FDI flows during this period were less influenced by the global financial and economic crisis. Total FDI outflows increased approximately by 57Â  % in the year 2011. From this, the equity capital and reinvested earnings were the main cause of this increment as reported by EC (2015). However, in the year 2012, outward flows of FDI dropped a gain. This decline in FDI was caused due to reduced FDI activity with some traditional partners. Then in the year 2013, the FDI flow rose again up to 12Â  %. The main source of improving FDI was The United States and its direct investment into the European Union that rose approximately three times more than the year 2013 (EC, 2015). At the present time, Multinationals have become an integral part of life. Today, a local citizen can drive a BMW or Toyota. He can work at the IBM office while staying in his own country, eat at McDonalds, use an Apple cell phone, etc. All of these luxuries and facilities have been possible due to the existence of Multinationals Enterprises. It is due to these Multinational outlets that citizen of one country can

Business Law and Ethics Assignment Example | Topics and Well Written Essays - 4000 words

Business Law and Ethics - Assignment Example The implementation of professional boards in Kuwait has already started, and will not be a hard task, as Kuwait-based companies have already worked on realizing compliance with the standards required from professional boards. These standards include that the boards should only have seven members. One example of a compliant company’s professional board is that of Kuwait Finance & Investment Company which has implemented the seven-member professional board standard (Kuwait Finance & Investment Company 1). The company has also met the standard that the board members should be highly experienced in the business areas of the company. For instance, from the case of KF & IC, the different members were selected on the basis of their knowledge of the Kuwait business environs, and their experience in the financial and investment business (KF & IC 1). Compliance with the professional board standards is also demonstrated from the case of Kuwait and Middle East Financial Investment Company (KMEFIC), which has implemented the seven board member system (KMEFIC 1). Further, the board members were selected on the basis of their experience in the finance and investment business environment of Kuwait and the Middle East. The new system has been working in Kuwait, mainly because the Kuwait-based companies share in the needs to downsize the number of board members, as well as to prioritize the capacity of the members, towards contributing to the effective oversight of the company.  ... Compliance to the professional board standards is also demonstrated from the case of Kuwait and Middle East Financial Investment Company (KMEFIC), which has implemented the seven board member system (KMEFIC 1). Further, the board members were selected on the basis of their experience in the finance and investment business environment of Kuwait and the Middle East. The new system has been working in Kuwait, mainly because the Kuwait-based companies share in the needs to down-size the number of board members, as well as to prioritize the capacity of the members, towards contributing to the effective oversight of the company. Qn. 2. The gatekeepers are economic players affiliated to senior regime leaders and players (Hertog 290). The gatekeepers are the brokers that are best studied and documented in popular writings and western press, as actors that played a critical role around the senior figures in the regimes – ordinarily sheikhs and prices. The gatekeepers control the access of the VIPs of the region to high-level individuals, and also to the resources that the senior regime members could dispose (Hertog 291). Gatekeepers already existed during the pre-oil time, at Kuwait and other nations like Arabia, although their relevance increased with increase in the administrative complexity, the centralization and the riches of the gulf nations. Among the famous gatekeepers of the 1970s, which was an oil-boom time include Ghaith Pharaoh of Saudi Arabia (Hertog 291). They acted as the mediators between royal personalities like King Fadh, who was a Prince before, and Sultan, who was a prince in charge of the defense ministry. The gatekeepers addressed the finer details of national contracts, and scooped a very large share – allowing Western contractors to engage the