By what criterion should the overall performance of a company and its individual managers and other employees be primarily judged?

1..A UK multinational company whose shares are traded on the London and New York exchanges uses Return on Investment as the primary basis of performance assessment of its subsidiaries. Evaluate that policy.

2.One highly influential view is that the criterion of performance assessment should be the maximization of shareholder ‘value’ i.e. the company’s share price and that public sector corporations should identify a surrogate performance indicator. Summarize the evidence provided in support and against the centrality of this criterion.

3.Describe three arguments for, and three against, the notion that the primary purpose of a private sector company (including the human resource managers in those companies) should be to maximize the wealth of a company’s shareholders.

4.Why according to Hall & Soskice (2001) is there not one best form of corporate governance? Do you agree? Why or why not?

5.Describe the main claims made in ‘Varieties of Capitalism’ literature. What are the main insights and limitations of this literature for managing across borders?

6.Critically elaborate how the ‘Varieties of Capitalism’ theory is useful as a means for understanding the issues firms face in managing across borders.

7.Describe the main claims made in ‘National Business Systems’ literature. What are the main insights and limitations of this literature for managing across borders?