In the interests of globalization, many companies today are establishing theories and practices for international management accounting. This book discusses the current status of international management accounting in Japan through interviews with three major electronics companies. By tracing the history of the business expansion of the three companies, as well as their transition of strategies and accompanying organizational structure, key features and details of international management accounting are faithfully described. The book is divided into two parts. Part I describes general concepts of international management accounting in global companies, while Part II analyzes the experiences of three leading electronics companies -- Matsushita, Sharp and Sanyo -- in international management accounting. Written in a scholarly yet accessible manner, this book will benefit both academics and industry professionals practising in the field. Contents: International Management Accounting Concepts:; Strategy and Organizational Structure of Global Companies (K Miyamoto); Strategy and International Management Accounting of Global Companies (K Miyamoto); Current Status of International Management Accounting:; The Actual Conditions of International Management Accounting in Matsushita Electric Industrial Co., Ltd. (A Kimura & T Toyoda); International Management Accounting in Sharp Corporation (Y Asakura et al.); International Management Accounting for SANYO Electric Co., Ltd. (K Sakate & M Tomita); International Management Accounting in Multinational Enterprises: State-of-the-Art of Research and Practice in Japan (M Kosuga).
Author(s): Kanji Miyamoto
Publisher: World Scientific Publishing Company
Year: 2008
Language: English
Pages: 180
Contents......Page 14
Preface......Page 10
Part 1 INTERNATIONAL MANAGEMENT ACCOUNTING CONCEPTS......Page 16
1 Management Accounting System of Global Companies......Page 18
3 International Division Structure......Page 20
4.1 The global functional structure......Page 22
4.2 The global geographic structure......Page 23
4.3 The global product structure......Page 24
4.4 The global mixed structure......Page 26
4.5 The global matrix structure......Page 27
References......Page 29
1 Introduction......Page 30
2 Transnational Strategy......Page 31
3 Transnational Strategy and International Management Accounting Systems......Page 33
4 Information from International Management Accounting......Page 36
4.1 The usefulness of multicurrency accounting......Page 37
4.2 Performance evaluation of an international subsidiary......Page 39
4.3 Budget management and foreign exchange rates......Page 41
4.4 Need for composite currency......Page 43
References......Page 45
Part 2 CURRENT STATUS OF INTERNATIONAL MANAGEMENT ACCOUNTING......Page 46
1.1 Founding......Page 48
1.2 Post-war reconstruction and the major push overseas......Page 49
1.3 Factory development and strengthening of overseas sales networks......Page 51
1.4 Long-term vision guides overseas development......Page 53
1.5 Post-bubble slump......Page 56
2.1 Restructuring for recovery from a slump......Page 57
2.2 Reformation of organizational structure and management......Page 59
3 Administrations of Overseas Operations......Page 70
4 International Management and Management Accounting Information......Page 76
5 Summary......Page 78
References......Page 79
Appreciation......Page 80
1.1 Company foundation......Page 82
1.2 Becoming a full-range electronics manufacturer......Page 86
1.3 Toward the liquid crystal era (from the year 2004 )......Page 91
2.1 Organization structure......Page 95
2.2 Management accounting......Page 101
2.3 Research and development......Page 104
2.4 Environmental management......Page 108
3.1 Strategy and management of overseas business activities......Page 109
3.2 Supply chain management......Page 112
3.3 International management accounting......Page 113
References......Page 115
Additional Statement......Page 116
1.1 The establishment and management policy of SANYO Electric Co., Ltd.......Page 118
1.2 History of SANYO’s overseas transactions......Page 120
1.3 SANYO’s breakthrough and their business activity in the global market......Page 121
1.4 Present-day SANYO......Page 123
2.1 Challenge 21 and organizational restructuring......Page 126
2.2 The business group system......Page 127
2.3 The third business and structural change of the organization......Page 131
3.1 Current condition of SANYO’s international strategy......Page 135
3.2 Overseas operating department......Page 139
3.3.1 Budget object organization......Page 140
3.5 Internal capital system......Page 141
3.7 Management and performance evaluation of overseas business......Page 143
3.8 International business alliance......Page 146
4 Conclusion and Summary......Page 147
References......Page 148
1 Introduction......Page 150
2.1 Management control of global operations......Page 151
2.2 Organizational structures: Centralization vs. decentralization......Page 152
2.3 Strategic management information systems......Page 153
2.4 Performance evaluation, and budgetary planning and control......Page 155
3.1 Goals of research......Page 157
3.2 Pioneering researcher, Professor Miyamoto......Page 158
3.3 Major researches in the 1990s......Page 159
3.4 Major researches in the first decade of the 21st century......Page 160
4.1 Case 1: Matsushita Electric Industrial Co., Ltd.......Page 162
4.2 Case 2: Sharp Corporation......Page 166
4.3 Case 3: SANYO Electric Co., Ltd.......Page 167
5 Summary of the Results......Page 170
6 Conclusion:Towards Global Management Accounting......Page 171
References......Page 172
Index......Page 174
About the Volume Editor......Page 178
