Isabell Keil – författare

Essay from the year 2003 in the subject Business economics - Accounting and Taxes, grade: 1,0 (A), University of Glamorgan, course: International Accounting and Auditing, language: English, abstract: Businesses have become increasingly aware of environmental implications on their operations, products, and services. Environmental risks may have serious consequences for the prospects of a company, with particular financial consequences such as clean up costs or fines if a company fails to meet regulations. Environmental sensitive industries such as oil companies, waste management, or chemical industries are especially jeopardised. Various pressure groups, such as the public, investors, customers, employees, media, or business partners are interested in the environmental activities of a company. Greater attention is paid to the way the company manages and improves its environmental performance. In some countries, such as Sweden, Denmark, and the Netherlands, there exists a complex and strong legislation regarding environmental behaviour. Companies are required to meet certain conditions to continue their operations and various standards have been developed in order to compensate for the lack of legislation in other countries. These standards are for example the British Standard for Environmental Management in the UK, ISO 14001 from the International Standards Organisation, or the European Union s Eco- Management and Audit Scheme. These standards demand the establishment of an environmental management system, which is a framework of environmental objectives within which a company has to operate, and include the compliance of environmental regulations and statutes. Internal environmental audits have to be carried out to ensure the effectiveness of the environmental management system. These help to estimate the risk of environmental impacts, to prevent pollution, to allocate the source of pollution or to quantify liability accruals for known environmental issues. External environmental audits are required to validate reports being published and the information found during the internal audit. a far-reaching knowledge and sufficient competence. But some environmental issues are too complex and only professionals, such as engineers for example, can deal with them. The environmental audit becomes an essential and vital component of the environmental management profession. The demand for skilled auditors has been risen, but a professional body of environmental auditors to ensure the competence of an environmental auditor does not exist. Various approaches to tackle these circumstances have been made. ...

Essay from the year 2002 in the subject Business economics - Accounting and Taxes, grade: 2,0 (B), University of Glamorgan, language: English, abstract: This essay will give a short overview of the discussion about corporate social reporting (CSR), its implementation and the contradiction with traditional financial reports. First iIt will explain the role of traditional reporting and the reason for the increasing significance of CSR. The next part is about various Iideas and attempts how to implement CSR in practice will then be discussed with. In the last part, the essay shows the difficulties, advantages and disadvantages of CSR.

Essay from the year 2003 in the subject Business economics - Trade and Distribution, grade: 1,7 (A-), University of Glamorgan, course: International Business and Export Management, language: English, abstract: The People's Republic of China (PRC) is the last Communist State in the world (Roberts and Kynge, 2003). Mao Zedong, the leader from 1949 until 1976, pursued a radical politicsorientated and self-sustained policy, which "e;had China's door closed in front of the foreign countries"e; (Yahoo! Inc., 2003). Deng Xiaoping succeeded Mao Zedong and launched his economic reform programme, called the "e;Open Door"e; policy, in 1978, which encouraged foreign investment (Yahoo! Inc., 2003). This was the beginning of a new era for China. A great deal of international investors tried to gain a foothold in China's fast growing markets in the form of joint ventures or direct investment. This paper is devoted to the joint venture (JV), and investigates whether or not this form of enterprise is the ideal strategy to enter the Chinese market. After a short survey of the Chinese economy, JV s will be defined. The explanation of JV s is made under consideration of the distinctive features of the Chinese culture. A lot of enterprises and JV s as well failed because it is not easy to deal with the Chinese. This essay reports about failures of a Western JV and tries to examine the causes. Examples of successful JV s are described as well before concluding whether or not Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time; it is a win-win situation .

Essay from the year 2003 in the subject Business economics - Investment and Finance, grade: 1,7, University of Glamorgan, language: English, abstract: Initially some words about the companies this paper will analyse. BP p.l.c. is the holding company of one of the world largest petroleum and petrochemicals groups (BP p.l.c., 2003). Logica "e;provides an all-embracing portfolio of services from strategic consultancy and products to systems integration, solutions delivery and business process outsourcing"e; (Logica, 2002, front cover inside). It is important to state that Logica Plc and CMG Plc have merged to LogicaCMG on the 30th December 2002 (LogicaCMG, 2003).