Author: Thomas A Poynter Publisher: Routledge ISBN: 1135126380 Category : Business & Economics Languages : en Pages : 162
Book Description
Government intervention can reduce the profits of multinational enterprises. These interventions also increase uncertainty and risk and distort trading and intra-firm sourcing patterns. The focus of this book is a corporate survival plan that describes how a multinational can monitor its exposure to intervention and then seek to reduce it. It reports on the successes and failures of firms as they implement various global management systems and recommends a general strategy. Such a strategy will allow multinationals to continue foreign investment with the longer term horizons that will benefit both the firms and their host countries.
Author: Razeen Sally Publisher: Routledge ISBN: 1134682506 Category : Business & Economics Languages : en Pages : 267
Book Description
States and Firms is a study in the political economy of the multinational enterprise. It looks at the internationalisation in the 1980s of the twelve leading French and German-owned multinational enterprises in chemicals and electronics, who form part of a European Challenge in international competition in technology- intensive sectors. The book examines how and why the internationalisation of these MNEs has interacted with their embeddedness in the domestic structures of their home countries (France and Germany) particularly in terms of their power relationships with home governments and financial institutions. The primary themes are the MNEs' roles as political actors; domestic government policy vis-a-vis the MNEs; MNEs' financial relationships with banks in France and Germany; MNE political activity at the level of the European Union, especially evident in technology policy. The primary contribution of this book is an inclusion of a firm-level approach to put the spotlight on fundamental questions of political economy and international business.
Author: A. E. Safarian Publisher: Edward Elgar Publishing ISBN: 9781781959701 Category : Political Science Languages : en Pages : 610
Book Description
'This book should be recommended to all students of international economic policy and international business. It contains a clear and comprehensive conceptualisation of public policy on MNE allowing the classification and evaluation of country policies. The author supplies a vast amount of institutional policy details and economic data, which are interesting in their own right.' - Thorsten Posselt, Kyklos
Author: Alvaro Cuervo-Cazurra Publisher: Springer ISBN: 3319517155 Category : Business & Economics Languages : en Pages : 287
Book Description
This book provides a deep understanding of state-owned multinationals (SOMNCs) and their role in global business. SOMNCs have emerged as a force to contend with in global competition, and their study connects several fields such as economics, political economy, international business and global strategy. This prestigious collection of articles presents insights into the interaction between government ownership and internationalization, and aims to provoke new research approaches and insights on the topic. The book includes some of the key contributions to our understanding of these firms and new commentaries explaining how to analyze them. This book is essential reading for academics and consultants looking to gain a clearer understanding of SOMNCs and how to research them.
Author: James R. Hines Publisher: Brookings Institution Press ISBN: 0815738560 Category : Business & Economics Languages : en Pages : 585
Book Description
How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.
Author: Yi Lu Publisher: Open Dissertation Press ISBN: 9781361422991 Category : Languages : en Pages :
Book Description
This dissertation, "Essays on Multinational Enterprises" by Yi, Lu, 陸毅, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract of the thesis entitled Essays on Multinational Enterprises Submitted by Yi LU for the degree of Doctor of Philosophy at the University of Hong Kong in September 2007 The world economy has witnessed a continuous trend of globalization since the late 1980s: the value of world exports reached US$6.6 billion in 2003, about one sixth of the world's total GDP. Multinational enterprises have played an important role in this wave of globalization. At the macro-level, the world-wide real inflows of FDI increased by 17.7% during the period 1985-1999, far outpacing the growth of GDP and trade which increased by 2.5% and 5.6%, respectively (Barba-Navaretti and Venables, 2004); while at the micro-level, foreign-owned multinational enterprises currently employ one fifth of workers in European manufacturing industries and one seventh in their counterparts in the U.S.; they sell one euro in every four of manufactured goods in Europe and one dollar in every five in the US (OECD, 2001). Along with the increasing importance of multinational enterprises in international trade, studies on multinational enterprises have recently mushroomed in international economics. They apply the theory of the firm, i.e. the property rights theory (Grossman and Hart, 1986) to understanding the behavior of multinational enterprises, and employ the newly available reliable firm-level datasets to conduct empirical research. This thesis contributes to this growing literature by studying two aspects of the business strategies of multinationals. Much evidence shows that multinational enterprises conduct bi-sourcing in organizing production, i.e., acquiring the same set of inputs by both buying from external suppliers (outsourcing) and producing in component-manufacturing subsidiaries (insourcing). The first chapter of this thesis shows that, by adopting the bi-sourcing strategy, multinational enterprises can use the payoff from one supplier as a backup option in negotiating with the other supplier (the cross-threat effect). Moreover, in the global economy consisting of high-waged North and low-waged South, multinational enterprises need to make the location choice for both insourcing and outsourcing. We find that the low wage in the South can stimulate the investment incentive of component suppliers (the cost effect). However, multinational enterprises may achieve better cross-threat effect by relocating overly strong component suppliers from the advantageous South to the disadvantageous North (the balancing effect). The Ioptimal bi-sourcing strategy is determined by the interplay of the cost effect and the balancing effect. Meanwhile, globalization enables multinational enterprises to organize production around the world, through which they can find the most efficient locations for each production stage. Thus, it is important to understand what affects the location choice made by multinational enterprises. The second chapter of this thesis examines the impacts of economic institutions, including property rights protection and contract enforcement, on the location choice of foreign direct investment. From a data set of 6,288 U.S. multinationals investing in various China's regions in the period 1993-2001, it is found that U.S. multinationals prefer to invest in those regions that have better protection of intellectual property rights, a lower degree of government intervention in business operations, a lower le
Author: Center for International Business Publisher: New York : Praeger ISBN: Category : Business & Economics Languages : en Pages : 264
Book Description
Based on the proceedings of a conference held in late 1973 under the joint auspices of the Center for International Business, Pepperdine University and the UCLA Graduate School of Management.
Author: Thomas A Poynter
Author: Thomas A. Poynter
Author: Thomas A. Poynter
Author: Razeen Sally
Author: A. E. Safarian
Author: Alvaro Cuervo-Cazurra
Author: James R. Hines
Author: Yi Lu
Author: Adeoye A. Akinsanya
Author: Center for International Business