1 / 29

The Impact of EU Enlargement

The Impact of EU Enlargement. PricewaterhouseCoopers. Date: 30 April, 2003 Project No. 23050 Prepared by: G Keaty. Introduction. Objectives of the Study.

chidi
Download Presentation

The Impact of EU Enlargement

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Impact of EU Enlargement PricewaterhouseCoopers Date: 30 April, 2003 Project No. 23050 Prepared by: G Keaty

  2. Introduction

  3. Objectives of the Study • PricewaterhouseCoopers commissioned a survey among the major investors in CEE to discover the attitudes to and their preparedness for the enlargement of the EU. • An independent research company, Opinion Window Research International, was commissioned to carry out this study. • The preliminary results of the study were presented at the PwC seminar, 30th April 2003, in Prague.

  4. Methodology • Telephone interviews • Number of interviews: 100 major corporations • 112 companies were contacted in total • The respondent: The relevant senior executive. Responsible for overseeing his/her company’s EU related issues • The research was based on a list of companies provided by PwC • Interviewing: • 15 April - 6 May 2003 • Note: All questions were not always answered. The number of answers are indicated for each question. For some questions, more than 1 option was possible.

  5. Job function of respondents Base: All companies

  6. Industry sector Base: All companies

  7. How many of the 10 accession countriesdo the companies have a presence in? Base: All companies that answered (n=91)

  8. Results

  9. Will the enlargement of the EU impact your company? Base: All respondents who were contacted (n=112)

  10. Preparation process: All companies When did your company’s planning for EU enlargement start/ when will it start? Extent of the expected impact (scale: 1= no impact, 4=high impact) Extent of the expected impact = 2.6 (scale: 1= no impact, 4=high impact) 2003 = 63% 2002 = 23% Base: All companies that replied (n=88)

  11. Preparation process: Companies with budgets of 100,000 Euro or more for changing the company structure due to EU enlargement When did your company’s planning for EU enlargement start/ when will it start? Base: All companies that replied (n=18)

  12. Preparation process (2 of 2) A local or regional approach? Local = 46%, Regional = 38%, Both local and regional = 16% Implementation of planning process Base: All companies which started/will start planning for EU enlargement and replied (n=100)

  13. Planning process: For those companies with a budget of 100,000 Euro or more for changing the company structure due to EU enlargement Implementation of planning process Base: All companies which started/will start planning for EU enlargement and replied (n=19)

  14. Preparation process: Will outsourcing i.e. IT support, consultants, etc be required? Base: All companies that replied (n=96)

  15. Impact on company structure Will preparation for the impact of EU enlargement require change or adjustment of your company structure? Will this lead to centralisation or decentralisation of top and middle management? Average impact on top/middle management: 2.8 scale: 1- no impact, 4 - high impact Base: All companies (n=100) Base: Companies whose structure will be changed (n=16)

  16. Impact on creating job functions in the following areas Higher impact Scale: 1 – no impact, 4 – high impact Lower impact Base: All companies that will be affected by EU enlargement and answered on individual elements

  17. Impact on creating job functions:For those companies with a budget of 100,000 Euro or more for changing the company structure due to EU enlargement Higher impact Scale: 1 – no impact, 4 – high impact Lower impact Base: All companies with a budget over 1000,000 Euro that answered (n=19)

  18. Trading relationship with EU accession countries: Services, Goods Base: Companies that will be affected by EU enlargement and replied

  19. Categories of Services: Percentage of companies trading with and within accession countries Base: Companies that receive or provide services agreements (n=68)

  20. Importing/Exporting companies: Probability of company restructuring in the following areas Higher probability Scale: 1 –low probability, 4 – high probability Lower probability Base: Companies involved in imports and exports (n=72)

  21. ERP, Accounting and reporting tools (1 of 2) Which Enterprise Resource Planning System does your company use? Base: All companies (n=100)

  22. ERP, Accounting and reporting tools (2 of 2):25% of companies’ with an ERP system need to radically adjust themto comply withproper processing and international audit systems Which domains need to be adjusted? 46% need to adjust both accounting and reporting tools Average size of adjustment: 2.4* Average size of adjustment: 2.1* * Scale of adjustment: 1- slight adjustment, 4- substantial adjustment Base: Companies which need to radically adjust their ERP systems (n=24)

  23. ERP, Accounting and reporting tools: Companies with a budget of 100,000 Euro or more forchanging the company structure due to EU enlargement Which domains need to be adjusted? 83% need to adjust both accounting and reporting tools Average size of adjustment: 2.5* Average size of adjustment: 2.6* * Scale of adjustment: 1- slight adjustment, 4- substantial adjustment Base: Companies which need to radically adjust their ERP systems and have a budget of over 100,00 Euro for adapting to EU enlargement (n=6)

  24. Keeping informed on the issues Base: All companies (n=100)

  25. Do you think that EU enlargement will increase the need to evaluate your company structure and decision-making processes? Base: All companies (n=100)

  26. Average perceived need forassessment and remedial action in various areas 4 = great need 1 = no need Base: All companies that believe the EU enlargement will increase the need to evaluate the company structure and decision making processes (n=34)

  27. Average perceived need forassessment and remedial action in various areas 4 = great need 1 = no need Base: All companies that believe the EU enlargement will increase the need to evaluate the company structure and decision making processes (n=34) and have a budget of over 100,00 Euro for adapting to EU enlargement (n=11)

  28. Changing company structure: Costs Do you have a budget for changing the company structure? How much do you expect changes in your company structure to cost? Base: All companies (n=100) Base: All companies which were able to answer(n=100)

  29. `

More Related