Globalization's Influence on Corporate Structures: A Research Report

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Globalization
(A research study on impacts of the globalization on the corporate structures)
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Author’s Note
Abstract

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The primary goal of the study is to identify the positive impacts of the globalization on the
corporate structures in the multinational companies of the world. Besides, the global challenges
faced by the global managers of the human resource management and business development
team have also been discussed in the study.
The study has been conducted with the help of the primary data and secondary data analysis. In
the primary data, a sample size of 100 has been taken for consideration, which has been taken
with the help of the random sampling methods. The deductive approach of the study has been
conducted in this study.
The central theme of the globalization has been studied and delivered with the help of the
corporate structures of the multi-national firms. The various aspects have been discussed which
includes, accessing to the new market and accessing the decision-making system by the global
managers have also been depicted in the study.
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Table of Contents
Chapter 1: Introduction....................................................................................................................3
1.1 Background of the research...............................................................................................3
1.2 Research aim.....................................................................................................................3
1.3 Research objectives...........................................................................................................3
1.4 Research questions............................................................................................................3
1.5 Scope of the research........................................................................................................4
1.6 Structure of Proposal.........................................................................................................4
1.7 Summary...........................................................................................................................4
Chapter 2: Literature review............................................................................................................5
2.1 Introduction............................................................................................................................5
2.2 Accessing to the new market.................................................................................................5
2.3 Accessing to Labor at cheaper rate........................................................................................5
2.4 Accessing on the decision-making system by the global managers......................................5
2.5 Major chances in reducing the taxes......................................................................................6
2.6 Research gap..........................................................................................................................6
2.7 Summary................................................................................................................................6
Chapter 3: Research Methodology..................................................................................................7
3.1 Introduction............................................................................................................................7
3.2 Research philosophy..............................................................................................................7
3.3 Research approach.................................................................................................................7
3.4 Research design.....................................................................................................................7
3.5 Data collection method..........................................................................................................7
3.6 Data collection tool................................................................................................................7
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3.7 Method of sampling...............................................................................................................8
3.8 Sample size............................................................................................................................8
3.9 Ethical consideration.............................................................................................................8
3.10 Timeline...............................................................................................................................8
3.11 Summary..............................................................................................................................9
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Chapter 1: Introduction
The main motive and the objective of the study are to derive out the core impact on the
globalization on the corporate structures of the large multinational companies of the world.
Besides, the few challenges that are faced by the corporate structures due to the globalization
have also been stated in this study. Within the organisational or the corporate structure of a
multinational organization, the global managers of the human resource management and the
business development team are present. They have also faced some of the critical challenges,
which have also been elaborated in the study. The study has also explored the impact of the
globalization on the decision-making process of the global managers present in the large
multinational companies of the world.
1.1 Background of the research
In accordance to the impact of the globalization, it can be noted that different global managers in
the large multinational companies of the world have maneuvered over complex, interrelated
statements and decisions, by which they propose and address multiple intelligences with the help
of the Eight IQs within the corporate culture of the business corporations.
1.2 Research aim
The main aim of the study is to derive out the impact of the globalization on the organizational
structure of the large organizations of the external market scenario
1.3 Research objectives
 To derive the various impacts of the globalisation on the corporate structure
 To derive the impacts of the globalization on the global managers of the large
multinational companies of the world
 To identify the significant challenges, which the global managers have faced due to the
globalization
1.4 Research questions
 What are the various impacts of the globalization on the organizational structure?
 What are the various impacts of the global managers at the time of the decision-making
process within the organizational culture?
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 What are the significant challenges that the managers have faced due to the core impact
of the globalization?
1.5 Scope of the research
In this study, it can be further observed that due to the impact of the globalization, the
organization, with the help of the global managers' access to the new markets. Besides, they also
access many labors at a much cheaper rate.
1.6 Structure of Proposal
The structure of the proposal is based on the three components, which are the introduction,
literature review and the research methodology of the project.
1.7 Summary
It can be summarized that the central theme of the study has been discussed and the research
aims, objectives, questions have been provided that are related to the study. In the latter part, the
literature review and the research methodology of the study have been discussed.
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Chapter 2: Literature review
2.1 Introduction
In recent years, there are different multinational organizations present in the whole world, which
have been facing positive impacts as well as the negative impacts of the globalization. According
to Nikolova et al. (2017), it can be noted that there are many impacts of the globalization, which
helps the organization to increase their profits and revenue at the end of the financial year. It is
because it leaves a good impact on the corporate structures of the organization.
2.2 Accessing to the new market
According to Matveev et al. (2016), it can be further observed that, due to the high impact on the
corporate structure, and the global managers tend to find new strategies for assessing the new
markets. With the core help of the internet and multimedia options, the customers can connect to
the corporate members of a business from any place of the earth and this is how the business
corporations expand and access to the new markets. On the other hand, Arthurs (2018) has
further stated that, the data breaching and cybercrime has to lead the corporate structure in
confronting too many challenges at the time of interacting with the consumers.
2.3 Accessing to Labor at a cheaper rate
As stated by Ha-Brookshire (2017), in case of the multinational organizations, the corporate or
the global managers have access to the cheap labors for the core outsourcing and off shoring of
the workers in the foreign countries. On the other hand, it can be further realized that
organizations also hire employees in foreign countries because they get cheap labors than their
home country.
2.4 Accessing on the decision-making system by the global managers
According to Aalbers (2016), it can be further realized that, the managers have used various
types of IQs. The various kinds of IQs are Analytical Intelligence, Creative Intelligence,
Practical Intelligence, Cognitive intelligence, Intuitive intelligence, emotional intelligence,
networking intelligence, political intelligence and organizational intelligence. On the other hand,
Bretos and Marcuello (2017) has contradicted and stated that, social intelligence and the
organizational intelligence have been the most effective patterns and types of the intelligence
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that should be acquired by the global managers for enhancing the decision-making process. With
the impact of the globalization on the corporate structure, the innovative intelligence of the
global managers have also been increased and they, thereby minimizing the costs with the help
of the core partnership formation.
2.5 Major chances in reducing the taxes
According to Liang et al. (2015), it can be noted that, due to the impact of the globalization, the
corporate structure of the multinational organizations are required to pay low corporate tax rates
and they inevitably support the concept of the tax havens. However, Aguilera and Crespi-Cladera
(2016) have further contradicted that there are many countries, which do not allow the low
corporate tax rate by moving the assets offshore. These countries are like Bermuda, Switzerland
and Belize. The financial structure is also comprised of delivered information system for
ensuring all the secret corporate documents on the same channel.
2.6 Research gap
In the case of the research gap, it can be further observed that the less time allocation and less
amount of financial support have debarred the study from accepting different sources of the
study. If more time and money would be allotted, then there would be more information in this
study.
2.7 Summary
In can be summarized that there is core many impacts of the globalization on the corporate
structures of the large multinational companies of the world. The impacts have been discussed
along with with the core challenges, the corporate structure of the organization face at the time of
maneuvering over the impacts of the globalization (Schneider and Scherer 2015).
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Chapter 3: Research methodology
3.1 Introduction
In the research methodology, the research philosophy and the approach have been represented
along with the research design and the data collection methods. The data collection tool and the
data sampling method have also been explained along with the sample size and the ethical
consideration of the study.
3.2 Research philosophy
In the case of the research philosophy, the pragmatism process of the data collection has been
followed. In the pragmatism method of the data collection, mixed or multiple data can be granted
along with the qualitative and quantitative data can be taken for the future course of the study
(Lock and Seele 2016).
3.3 Research approach
In the case of the research approach, the deductive approach has been selected because it gives a
comprehensive view of the topic with the help of the empirical data.
3.4 Research design
In case of the research design, it can be further observed that descriptive and the exploratory
nature of study have been taken for granted for influencing the behaviors of the global managers
with the impact of the globalization (Lock and Seele 2016).
3.5 Data collection method
The data collection method is based on the questionnaire and survey questions, which is a form
of the primary data collection method. On the other hand, secondary data has also been selected
by collecting the information with the help of magazines, newspapers articles and research
journals (Aguilera and Crespi-Cladera 2016)
3.6 Data collection tool
The Data collection tool includes focus groups, previous case studies and the preceding
documents and records collected from the newspapers and journals based on globalization.
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3.7 Method of sampling
In this study, random sampling method has been obtained where different global manages were
being asked the same questions, but they delivered various types of answers, which has elevated
the standard of the study.
3.8 Sample size
The total sample size of the project is 100 personnel. Within 100 respondents, 60 are men, and
40 are women
3.9 Ethical consideration
The ethical consideration includes that the research participants were not subjected for any the
circumstances and all the information has been collected with the help of the prior research.
3.10 Timeline
The timeline of the study is seven weeks, and a grant chart has been provided for the timeframe
of the study.
Steps Week 1-2 Week 2-
3
Week 3-
4
Week 4-
5
Week 5-
6
Week 6-
7
Selection of topic
Reviewing
Literature
Grading
Research
Methodologies
Data Collection
Data Evaluating
Data
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Clarification
Final Deliverance
Recommendation
Final Submission
Table 1: Timeline of the study
(Source: Created by the author)
3.11 Summary
In the research methodology, the primary data and the secondary data have been taken with the
help of the survey questions and a previous study of the journals and newspapers. By analysing
the data, it can be summarised that, the data has been collected and analysed by using both,
primary data collection method and the secondary data collection method.
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References
Aalbers, M.B., 2016. Corporate financialization. International Encyclopedia of Geography:
People, the Earth, Environment and Technology: People, the Earth, Environment and
Technology, pp.1-11.
Aguilera, R.V. and Crespi-Cladera, R., 2016. Global corporate governance: On the relevance of
firms’ ownership structure. Journal of World Business, 51(1), pp.50-57.
Arthurs, H.W., 2018. The hollowing out of corporate Canada?. In Globalizing Institutions (pp.
29-51). Routledge.
Bretos, I. and Marcuello, C., 2017. Revisiting globalization challenges and opportunities in the
development of cooperatives. Annals of Public and Cooperative Economics, 88(1), pp.47-73.
Ha-Brookshire, J., 2017. Toward moral responsibility theories of corporate sustainability and
sustainable supply chain. Journal of Business Ethics, 145(2), pp.227-237.
Liang, H., Ren, B. and Sun, S.L., 2015. Anatomy of state control in the globalization of state-
owned enterprises. Journal of International Business Studies, 46(2), pp.223-240.
Lock, I. and Seele, P., 2016. Deliberative lobbying? Toward a noncontradiction of corporate
political activities and corporate social responsibility?. Journal of Management Inquiry, 25(4),
pp.415-430.
Matveev, Y.V., Valieva, E.N., Trubetskaya, O.V. and Kislov, A.G., 2016. Globalization and
regionalization: Institution aspect. International Electronic Journal of Mathematics
Education, 11(8), pp.3114-3126.
Nikolova, L.V., Rodionov, D.G. and Afanasyeva, N.V., 2017. Impact of globalization on
innovation project risks estimation. European Research Studies, 20(2), p.396.
Schneider, A. and Scherer, A.G., 2015. Corporate governance in a risk society. Journal of
Business Ethics, 126(2), pp.309-323.
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