Vertical Integration and Joint Ventures in the Aluminum Industry

Vertical Integration and Joint Ventures in the Aluminum Industry
Author: John Alan Stuckey
Publisher: Harvard University Press
Total Pages: 362
Release: 1983
Genre: Business & Economics
ISBN: 9780674934900

A consultant with McKinsey & Company surveys the international aluminum industry and asks why its various activities are divided among firms in the way that they are. These components include the minding of bauxite, its refining into alumina, aluminum smelting, fabrication, and manufacture of the final product. What is it about this industry that encourages joint ventures in some cases, long-term contracts in others, and vertical integration and merger in still others? The author identifies and analyzes the factors which motivate firms to adopt one or another of these patterns of doing business. He draws on and extends recent developments in theory relating to the operation of markets and organizations, and tests the power of theories to explain what is observed in the industry. He has assembled a great deal of empirical evidence, focusing on the United States, Japan, and Australia. The book should become the standard study of the aluminum industry.

The Aluminium Industry

The Aluminium Industry
Author: James R. King
Publisher: Elsevier
Total Pages: 343
Release: 2001-02-23
Genre: Business & Economics
ISBN: 1855738767

Aluminium is the most abundant metal in the Earth's crust but, because aluminium was isolated experimentally only in 1827 and produced in commercial quantities only after 1886, its production and use is many times less than that of iron. However over twice as much aluminium is produced as copper and the annual percentage growth in its consumption between 1985 and 1998 at 2.8% is significantly greater than that of iron and steel.The aluminium industry provides an in-depth overview of the international aluminium trade at the turn of the millennium. Its clearly presented information, analysis and statistics bring the industry into sharp focus – from extraction and refining to applications, markets, prices and future trends.The aluminium industry is essential reading for: - Professionals whose businesses participate in, supply or buy from any part of the aluminium industry - The finance community with investment interests in the metals or raw materials industries - Engineers needing an overview of the structure and commercial operation of the aluminium industry - Government policy makers and all those needing an introduction to the industry or a training resource for new entrantsRead this guide and find out about: - How the aluminium industry has developed from its earliest beginnings - How the key raw materials, bauxite and alumina are processed - Why technical trends are changing the production of aluminium - How primary aluminium is priced - The role of recycled aluminium metal - How demand is changing and the main applications for aluminium products today and in the future - The organisation of international trade, industry corporate structures and the key issues that will determine the industry's future

Aluminum Ore

Aluminum Ore
Author: Robin S. Gendron
Publisher: UBC Press
Total Pages: 402
Release: 2013-09-28
Genre: Business & Economics
ISBN: 0774825340

As the key component in aluminum production, bauxite has become one of the most important minerals of the last one hundred years. To some it brought economic and political advantage, but for many others, its development left a legacy of exploitation. Aluminum Ore explores the history of bauxite in the twentieth century and the global forces that this history represents, from its strategic development in the First World War to its role in the globalization of markets as companies from the northern hemisphere vied for the resources of the south. Featuring essays by scholars from around the world, this wide-ranging collection is a history of one essential mineral and a new perspective on a time of change.

The European Enterprise

The European Enterprise
Author: Harm Gustav Schroeter
Publisher: Springer Science & Business Media
Total Pages: 296
Release: 2007-10-14
Genre: Business & Economics
ISBN: 3540740384

Though in its infancy, the European enterprise has the power to change both the perception and the actual face of Europe. This book evaluates the future potential of this new type of enterprise. The contributors look for European convergence at all levels of the economy: firm, branch, state, and EU. They stress various points of view, using diverse methods, and propose different measures.

Managing Crises and De-Globalisation

Managing Crises and De-Globalisation
Author: Sven-Olof Olsson
Publisher: Routledge
Total Pages: 351
Release: 2009-12-16
Genre: Business & Economics
ISBN: 1135193142

As small, open economies the Nordic states have always been more dependent on foreign trade than larger powers, and have thus had a historic preference for free trade. But during the inter-war period the Nordic countries were squeezed between powerful and aggressive trading partners: above all Great Britain and Germany. Although the period between the end of the First World War and 1929 was marked by a return to a liberal world economy, the Great Depression ushered in a decade of protectionism. The bilateralisation of international trade was especially evident after Britain’s Ottawa treaties in 1932 and the Nazi seizure of power in 1933. Their dependence on trade with Britain and Germany meant that the Nordic countries were exposed to the full force of British and German bilateralism. The paradox is that in spite of international trade wars and regulated exchange the Nordic countries managed better than other European states during the interwar period, and that the Great Depression was not as deep or long lasting as in other countries. The chapters in this book discuss why and how this rather successful Nordic experience was achieved. The topics covered include commercial and monetary policies but also important industries such as forestry, agriculture and fishing. Many of the chapters are comparative and discuss economic developments in two or more Nordic countries.

Regulating the Rise of China

Regulating the Rise of China
Author: Michael Peters
Publisher: Springer
Total Pages: 315
Release: 2019-03-19
Genre: Political Science
ISBN: 3030054667

This book revises the existing account of the first Rudd Government's engagement with China, placing Australian foreign direct investment screening policy at the centre of the story. At the time, the Rudd Government was accused of holding an unnecessarily interventionist approach to Chinese Sovereign-Owned Enterprise investments into the Australian mining sector. This book claims that the Australian Government had a deep and coherent understanding of the problem posed by Chinese investments that went well-beyond any simplistic 'China Inc.' or geopolitical threats. The key policymakers believed that the Chinese state-directed investments threatened the integrity of the liberal governance structures on which the Australian state is founded, and so Australian sovereignty itself. While the response of the Rudd Government was largely ineffectual, the logic underpinning it remains the best framework for guiding Australia's engagement with China into the 2020s, as well as the engagement of other liberal states coming to grips with China's rise.

Geographies of Globalization

Geographies of Globalization
Author: Warwick E. Murray
Publisher: Routledge
Total Pages: 506
Release: 2014-09-15
Genre: Political Science
ISBN: 1135281777

Geographies of Globalization 2nd edition offers an animated and fully-updated exposition of the geographical impacts of globalization and the contribution of human geography to studies and debates in this area. Energetic and engaging, this book: • Illustrates how the core principles of human geography – such as space and scale – lead to a better understanding of the phenomenon • Debates the historical evolution of globalized society • Analyses the interconnected economic, political and cultural geographies of globalization • Examines the impact of global transformations ‘on the ground’ using examples from six continents • Discusses the three global crises currently facing the world – inequality, the environment and unstable capitalism most recently manifested in the Great Recession • Articulates a human geographical framework for progressive globalization and approaching solutions to the problems we face Boxed sections highlight key concepts and innovative work by geographers as well as topical and lively debates concerning current global trends. The book is also generously illustrated with a wide range of Figures, photographs, and maps.

Building Big Business in Russia

Building Big Business in Russia
Author: Yuko Adachi
Publisher: Routledge
Total Pages: 243
Release: 2013-09-05
Genre: Business & Economics
ISBN: 1135147116

This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.

Corporate Governance of Sustainability

Corporate Governance of Sustainability
Author: Raimund Bleischwitz
Publisher: Edward Elgar Publishing
Total Pages: 289
Release: 2007-01-01
Genre: Business & Economics
ISBN: 1847206832

This book considers the corporate governance of sustainability from a co-evolutionary perspective, exploring the linkages between pro-active approaches at the corporate level, market-based incentives and environmental networks. The contributors contend that governance for sustainable development has not yet been fully formulated, and requires further analysis in the context of policies, the role of the state and the inclusion of corporate and private actors. They question whether the governance of sustainable development goes beyond traditional, state-centred policy-making by aiming for proactive changes of private actors' behaviours at different levels. The discussion also encompasses relevant theory on corporate governance, competition, market failures and regulatory tools. An assessment methodology suitable for empirical network analysis at the meso-level is introduced, and its application is demonstrated using eight case studies. Raimund Bleischwitz and his team of contributing authors draw important conclusions for policy analysis and sustainability assessments and the actors involved. The book will therefore prove an invaluable resource for academics, scholars and policymakers focussing on applied sustainability research, policy analysis and evaluation.