Seminar paper from the year 2002 in the subject Business economics - Investment and Finance, grade: 1,0 (VG+), Uppsala University (Business Studies), course: International Financial Managememt, language: English, abstract: The last decades has meant a distinctive shift in the world of business. ABB Group hasfollowed the ongoing trend of globalisation. It has become a truly Multinational Enterprise(MNE); showing in its structure and way of managing operations that it has adopted to thenew conditions of global markets and competition. "e;ABB is in the business of creating value for our customers, shareholders,employees and the communities in which we operate."e;1Could such a mission be pursued successfully? Does the international diversification of thecompany help to achieve its goals? All value creation is essentially financial. This termpaper is dedicated to analysis the financials of the ABB Group. My purpose is to seewhether the financial position matches the expressed value creating goals. I chose the timeperiod from 1998-2001 for my analysis. Unfortunately the Annual Report 2001 waspublished merely days before the dead line of this term paper. But nevertheless I tried toinclude the latest figures in my analysis. 1 ABB Annual Report (2000), p.22
