Multinationals Books
Edward Elgar Publishing Ltd Comparative Capitalism and the Transitional
Book SynopsisAn original and insightful book, this work focuses on domestic and overseas firms operating in those Central Asian and Eastern European countries considered to be the transitional economic periphery. Chapters shed light on their distinct forms of capitalism, and how it influences and adapts the firms located there. The eminent authors show how, in a post-state socialist world, there are several implications for both domestic and overseas firms functioning successfully in the transitional periphery. With the complex mix of political and market mediation and informal personal ties, chapters explore the delicate balance of liberalisation in transitional economies. Detailed examples from specific countries in Eurasia and Central Asia such as Belarus, Turkey, Azerbaijan, Mongolia, Uzbekistan, Armenia and Georgia are discussed alongside broader thematic issues of economic and social change, labour relations and human resource management. Most importantly, it is shown that liberalisation has little connection to short-term business growth. To succeed in such contexts, international firms need to be both pragmatic and creative, in coping with malleable yet durable forms of institutional mediation. Providing a unique perspective on the transitional economic periphery and much-needed insights from international business, this book is essential reading for researchers and graduate students studying transitional economies, non-traditional business models, institutional persistence and change, political and economic development and management in economically transitioning countries.Table of ContentsContents: Introduction: Geoffrey Wood and Mehmet Demirbag PART I TRANSITIONAL PERIPHERY: CENTRAL ASIA 1. Expanding the boundaries of institutional analysis in the transitional periphery Dilshod Makhmadshoev 2. Uzbekistan: Autocracy, Development and International Firms Geoffrey Wood and Mehmet Demirbag 3. Mongolian management: local practitioners’ perspectives in the face of political, economic and socio-cultural changes Saranzaya Manalsuren, Marina Michalski and Martyna Śliwa 4. Political risk, political instability and the transitional periphery in the age of global uncertainty Ali Resul Usul PART II TRANSITIONAL PERIPHERY: CAUCASIA 5. International business view of economic and institutional transformation in transitional periphery: Armenia and Georgia Aleksandr V. Gevorkyan 6. Influence of Economic and Political Changes on Industrial Relations between Turkey and Azerbaijan Sayım Yorgun 7. The Application of MNC HR Policies and Practices in the Luxury Hotel Industry: Differences and Similarities Between Transitional Periphery Versus Developed Economies Giovanni O. Serafini and Leslie T. Szamosi PART III OTHER TRANSITIONAL PERIPHERY 8. The state and company managements in Belarus Hanna Danilovich and Richard Croucher 9. Equity commitment and company resources: evidence from Nordic multinational enterprise strategies in transitional periphery economies Ahmad Arslan, Jorma Larimo and Shlomo Y. Tarba 10. Lessons in nonmarket strategy from Eastern Europe and Central Asia: moving beyond the ‘compared to what’ question Yusaf H. Akbar and Maciej Kisilowski Index
£100.00
Edward Elgar Publishing Ltd The Development of International Business: A
Book SynopsisThe Development of International Business offers an extensive understanding of contemporary international business through detailed, engaging discussion of the development of the multinational enterprise (MNE) over the past half-century. By providing an analytically informed basis for understanding MNEs, two parallel strands of analysis in International Business (IB) are reviewed: the `theoretical' and the `practical'. Firstly, Robert Pearce identifies how the practical restructuring of the MNE as an organisational form has responded to changes in the wider global economy and how this evolution has interacted with the enrichment of theory on the topic. Secondly, by tracing the persisting dynamics of the MNE's structure and strategic positioning, he demonstrates the use of these systems and how they can help to understand and organise the future evolution of not only MNEs but of international business as a whole. Highly accessible with an informed overview of the entire IB subject area, The Development of International Business is an essential text for students and academics of business, management, economics and development. More generally, business leaders, economists and politicians will value the exceptional insight into the progression of international business and its future.Trade Review'As a distinguished founder-member of the ''Reading School'', Bob Pearce provides a comprehensive account of the evolution of international business theory from the 1950s to the present day. He shows how, unlike abstract economic theories, international business theory has always been rooted in evidence on the behaviour of individual multinational firms. He provides a fascinating narrative of the early days of international business research, which he embeds within a broad thematic view. This book is indispensable reading for all serious scholars of international business studies.' --Mark Casson, University of Reading, UK'This tour de force gives us the very first, timely narrative history of the birth and growth of IB as a new discipline over the past half century. Robert Pearce lucidly interprets the major theoretical traces left by innovative economists whose frameworks built the foundation of the discipline. He weaves out a thought-provocative tapestry that demonstrates how national enterprises transform themselves into multinationals as they adapt to, and reshape, their altering global ecosystem - in a co-evolutionary fashion. The book is highly recommended as an ideal read to learn the conceptual warp and woof of IB.' --Terutomo Ozawa, Colorado State University, USTable of ContentsContents: 1. Multinationals: in theory and practice 2. From FDI to the MNE: Hymer and the roots of ownership advantage 3. From innovation to internationalisation: the product cycle model 4. From multi-domestic hierarchy to network hierarchy 5. Trade and FDI revisited: the role of location 6. Internalisation: ownership advantage as an intermediate good 7. The knowledge-seeking transition: decentralising innovation and R&D 8. Multinationals from emerging economies: a new challenge of practice to theory 9. Evaluating the multinationals: a coda Index
£78.00
Emerald Publishing Limited Multinational Enterprises and Sustainable
Book SynopsisMultinational enterprises (MNEs) are believed to contribute towards economic development of host countries through foreign direct investment (FDI), which results in poverty alleviation and human empowerment through linkages and spillovers with local stakeholders. However, earlier research demonstrates that the positive impact of FDI is often inconclusive. There is thus a gap in understanding the link between the activities of MNEs in developing countries and their impact on socio-economic development. This volume reports the results of a large international ‘MNEmerge’ research project, financed by the European Commission, and provides an understanding of the impact of MNEs on United Nations Millennium Development Goals and successive Sustainable Development Goals in developing countries. Trade ReviewBusiness scholars report the findings of a study on how multinational corporations can contribute to sustainable economic development. They pay special attention to the formation of linkages between subsidiary and local stakeholders such as society, business, and government. Their topics include the impact of multinational enterprises on sustainable development and poverty reduction, the contribution of the pharmaceutical business to the health status of the developing world, business-led new market creation in emerging countries: the case of Bt cotton, business and building capabilities in Ghana, and sustainable energy and development: the "Light for All" program in Brazil. -- Annotation ©2017 * (protoview.com) *Table of ContentsIntroduction: How multinational enterprises can contribute to achieving sustainable development goalsThe impact of multinational enterprises on sustainable development and poverty reduction: Research framework The contribution of the Pharmaceutical Industry to the health status of the developing world MNEs contribution to the Indian pharmaceutical sector On nudging MNE towards SDG1: a policy perspective MNE led new market creation in Emerging Countries: The case of Bt cotton Returns from Strategies Adopted by MNEs to Improve Global Health and Wellbeing: Third Sustainable Development Goal MNEs and Capabilities Building in Ghana MNEs' Contribution to Sustainable Energy and Development: the case of 'Light for All' Program in Brazil Multinational Enterprises, Sustainable Development and Poverty Alleviation: Past, Present and Future
£96.99
Emerald Publishing Limited Distance in International Business: Concept, Cost
Book SynopsisThis research and teaching volume has been composed in honour of Rosalie Tung, a distinguished institution builder, thought leader and educator in the field of international business (IB). The volume addresses Rosalie Tung’s main research focus in a career that has already spanned several decades, namely the analysis of distance facing multinational enterprises (MNEs), with a focus on state-of-the-art conceptual and fact-based empirical developments in the realm of cultural and institutional distance elements. The impact of distance on international business transactions and operations remains ill-understood. How should distance be conceptualized? Which dimensions of distance should be considered? Is distance always a cost, or can it sometimes confer value? This twelfth volume in the Progress in International Business Research series presents extensive accounts of the contemporary scientific debate on how to assess the impacts of distance, both negative and positive ones, on the conduct of international business. This volume covers five dimensions related to the concept, cost and value of distance, in International business: • The concept of distance • The cost of cultural and psychic distance • The cost of institutional distance • The value of distance • Alternative lenses for IB researchTrade ReviewBusiness scholars explore the impact of distance on international trade from the perspectives of the concept of distance, the cost of cultural and psychic distance, the cost of institutional distance, the value of distance, and alternative lenses for international business research. Among their topics are institutional overlap as a basis for international business, why psychic distance inhibits international buyer-supplier relationships, equity commitment in cross-border acquisitions: the influence of distance and organizational resources, when distance is good: an upper-echelon perspective on the role of distance in internationalization, and domestic alliance formation and the foreign divestment decisions of firms. -- Annotation ©2018 * (protoview.com) *Table of ContentsPrologue, Voyages of self-discovery: a reflection on four decades of research on expatriation and cross-cultural interactions; Tung, Rosalie Chapter 1, Distance in international business studies: conceptualization, costs and value; Verbeke, Alain; van Tulder, Rob and Puck, Jonas Chapter 2, Are we at a turning point for distance research in international business studies?; Dow, Douglas Chapter 3, Institutional overlap, access and contestation: how institutional diversity affects International Management; Maseland, Robbert Chapter 4, How do managers deviant perceptions of “cultural distance” relate to the performance of international SMEs?; Azar, Goudarz and Drogendijk, Rian Chapter 5, The concept of institutional and cultural compatibility; Halaszovich, Tilo Chapter 6, The direction of regulatory institutional distance and MNE’s subsidiary ownership strategy: re-examining theory and evidence in the case of emerging markets; Shirodkar, Vikrant and Konara. Palita Chapter 7, Ownership strategy and subsidiary survival in foreign acquisitions: the moderating effects of experience, cultural distance, and host country development; Wang, Yie and Larimo, Jorma Chapter 8, The psychic distance hazards in cross-border acquisition performance: an empirical study of cross-border acquisitions from 26 countries; João Carvalho Santos,Hortênsia Karl-Barandas and Francisco Vitorino Martins Chapter 9, Why does psychic distance inhibit international buyer-supplier relationships?; Tierean, Silviu H.; Berens, Guido A.J.M; and van Riel, Cees B.M. Chapter 10, Institutional distance and location choice: new empirical evidence from emerging-market MNEs; Diego Quer, Enrique Claver and Laura Rienda Chapter 11, Firm resources, institutional distance, and the choice of entry mode, Puck, Jonas; Hödl, Markus; Filatotchev, Igor and Lindner, Thomas Chapter 12, How the direction of institutional distance influences foreign entry mode choices: an information economics perspective; Mueller, Michael; Hendriks, Guus and Slangen, Arjen Chapter 13, Equity commitment in cross-border acquisitions: the influence of distance and organization resources; Dikova, Desislava; Arslan, Ahmad, and Larimo, Jorma Chapter 14, The geography of international knowledge sourcing: looking back and moving forward; Perri, Alessandra & Santangelo, Grazia Chapter 15, CSR Implementation in MNEs: the role of distance and prioritization of demands; Jacqueminet, Anne Chapter 16, Breaking bad? The effect of faultline strength and distance on relationship conflict and performance in teams. A conditional process model; Pregernig. Ursula Chapter 17, When distance is good: an upper-echelons perspective on the role of distance in internationalization; Piaskowska, Dorota Chapter 18, How to internationalize a traditional Portuguese style food – liability or asset of Portugueseness?; Costa, Susana e Silva and Elo, Maria Chapter 19, Labilities of distance: governance cost dynamics in MNE headquarters-subsidiary relationships; Tomassen, Sverre Chapter 20, Reducing psychic distance through springboard subsidiaries: an exploratory case study; Magomedova, Nina; Achcaoucaou, Fariza; and Miravitlles, Paloma Chapter 21, Cultural distance, reputation transferability and cross border acquisitions: a consumer perspective; Matarazzo, Michela; De Vanna, Frederica; Lanzilli, Giulia; and Resciniti, Riccardo Chapter 22, Domestic alliance formation and the foreign divestment decisions of firms; Viacheslav Iurko, and Gabriel R.G. Benito
£114.99
Emerald Publishing Limited Compliance in Multinational Corporations:
Book SynopsisOver the past two decades, the enforcement of anti-bribery, anti-money-laundering and anti-terrorism-financing regulations has become increasingly challenging for multinational corporations. Bribery and money laundering scandals have the potential to take down entire multinational corporations. Frequently, managers in charge of those firms end up facing criminal prosecution and civil lawsuits, and are not equipped with the formal legal training to prevent these phenomena. Compliance in Multinational Corporations explores the historical background of such phenomena as bribery, money laundering, and terrorism financing. Analysing the legal environment based upon international conventions, and including an empirical analysis of 100 expert interviews, it takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance experts. While traditional compliance and financial crime literature focuses on rules, regulations and prevention mechanisms, this book shows how intelligent criminals act. It offers practical advice and concrete guidelines that will address the most pre-eminent compliance challenges. The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face.Trade ReviewThe work of Teichmann and Sergi is timely in a world where globalized practices determine increasing complexity within the compliance of organizations. Asking relevant questions and bringing societal values forward are essential skills for this debate to surface successfully. This book contributes greatly to it. -- Mark EspositoSergi and Teichmann combine the perspectives of the academic and the practitioner in analysing key issues of financial crime that multinational corporations face today: bribery, money laundering, terrorism financing. How can corporations address them? How useful are sanctions and embargoes? The authors offer a compelling and innovative point of view by drawing on extensive empirical material: cases, experiences, experts’ analyses. This book is a must-read for compliance managers and anyone exposed to financial crime’s increasing global risks. -- Ernesto Gallo, PhDCompliance in Multinational Corporations: Business Risks in Bribery, Money Laundering, Terrorism Financing and Sanctions touches upon some of the most critical challenges of our day: preventing serious financial crime, enforcing pertinent regulatory framework, and ensuring ethical and effective behavior of multinational corporations. The authors show that preserving the law-abiding character of corporations requires multi-faceted efforts. They go going beyond the precepts of traditional compliance and financial crime literature, to search for innovative and practical solutions. Through an original empirical enterprise, they offer novel insights and practical guidance on how to address the most pressing challenges and dilemmas of modern society and its developmental aspirations: bribery, money laundering, and terrorism financing. -- Qerim Qerimi, Law and Development Research Group, University of Antwerp & Faculty of Law, University of PrishtinaI highly recommend the informative book Compliance in Multinational Corporations: Business Risks in Bribery, Money Laundering, Terrorism Financing and Sanctions by Fabian Teichmann and Bruno Sergi. With the prevailing tension among governments and players of the underground economy, the book is timely for those who are looking for answers on the cost and economics related to worldwide corruption, money laundering, and financial malpractices. The book provides a wealth of information to academic researchers, faculties teaching International finance, economics and business law, attorneys dealing with the multinational business environment, decision makers at national and state law enforcement agencies, and executives at offshore banking centers. Both authors are prominent specialists and distinguished scholars in their own right, and possess prolific track records in articulating the economics and legal issues related to cross-border corruption, bribery, money laundering, and terrorism. -- Musa Essayyad, PhDTeichmann, an attorney and public notary in Switzerland, and Sergi, an economist in the US, outline an approach for multinational organizations to eliminating corruption and bribery, focusing on systems that incentivize compliance with rules and regulations, rather than paying bribes. They consider how conventional incentive systems foster or prevent corruption in these corporations, how these systems should be adjusted to ensure more effective compliance with formal anti-bribery rules and multinational corporations, how incentive systems should be adjusted to foster anti-bribery whistleblowing, and the difficulties in introducing anti-bribery incentives. They discuss challenges and solutions to money laundering, how multinational corporations become trapped in terrorism financing, and the use of sanctions and embargoes and whether they are effective political tools. -- Annotation ©2018 * (protoview.com) *Through an analysis of the pertinent legal environment on the basis of international conventions, coupled with an empirical analysis of interviews with one hundred experts on the issues being discussed, the book takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance professionals... The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face. -- Qerim Qerimi * Journal for Labour and Social Affairs in Eastern Europe, vol. 21 (2018) *[Compliance in Multinational Corporations] is a highly welcome addition to the existing literature on money laundering and terrorism financing. It provides a clear and compact range of possible solutions to transnational financial and business crimes, based on sound methodology. -- Ernesto Gallo * Volume 95, Issue 2, 1 March 2019, Pages 489–490, https://doi.org/10.1093/ia/iiy259 *Table of ContentsChapter 1. Bribery and Corruption Today: Practices and Challenges; Chapter 2. Money Laundering: Challenges and Solutions; Chapter 3. How Multinational Corporations Become Trapped in Terrorism Financing; Chapter 4. Sanctions and Embargos: Effective Political Tools or Unnecessary Challenges for Compliance Departments?; Chapter 5. Whistleblowing in Corporations; Chapter 6. Conclusions and Practical Implications
£43.69
Edward Elgar Publishing Ltd The Multinational Enterprise: Theory and History
Book SynopsisIn The Multinational Enterprise, Mark Casson - an important thinker in international business for more than 40 years - provides a state-of-the art review of recent developments in the economic theory of the multinational enterprise. He shows how recent developments in theory shed new light on the historical emergence of multinational enterprises, and explains the different forms that multinationality has taken in different industries and different regions of the world.Mark Casson brings together his leading research on internalisation theory as a general theory of the multinational enterprise. He offers cutting-edge analysis across four distinct sections: marketing and brands, supply chain coordination, methodology and the theory of the firm, and risk management. The book also sets out an exciting new research agenda, which explores the future place of the multinational in the evolving 'knowledge economy' and in a politically uncertain world.This book will appeal to doctoral students and faculty in business schools in need of the latest theoretical developments and also those in economics departments that specialise in business and industrial economics.Trade Review'Casson and his co-authors provide a powerful restatement and renewal of the concept of internalization as a general theory of the multinational enterprise. The book expands the boundaries of the theory's application, while confidently asserting its identity in economics rather than strategic management. A particularly compelling component is the innovative use of historical evidence and perspectives on issues such as branding strategies and response to risk.' --Geoffrey Jones, Harvard Business School, USTable of ContentsContents: Preface PART I Introduction and overview 1. The Future of the Multinational Enterprise in historical perspective 2. Internalization theory: an unfinished agenda PART II Marketing and brands 3. Marketing and the multinational: extending internalization theory 4. Imitation, brand protection and the globalization of British business PART III Supply chain coordination 5. Economic analysis of international supply chains: an internalization perspective 6. The economic theory of international business: a supply chain perspective 7. The economic theory of international supply chains: a systems view PART IV Methodology and the theory of the firm 8. Coase and international business: Rethinking the connection 9. The economic theory of the firm as a foundation for international business theory 10. Alan Rugman’s methodology PART V Risk management 11. Foreign direct investment in high-risk environments: a theoretical perspective 12. Foreign direct investment in high-risk environments: an historical perspective Index
£114.95
Edward Elgar Publishing Ltd Multinationals, Local Capacity Building and
Book SynopsisMultinational enterprises (MNEs) are everywhere and the perception of their engagement in myriad activities ranges between extremely positive and extremely negative. Based on original comprehensive research, this groundbreaking book examines the impact of Chinese and European MNEs in the African context. Sharing knowledge and insights from the authors' empirical research, Multinationals, Local Capacity Building and Development uses Ghana as a case study to analyse trends in MNEs and assess the advantages and disadvantages of their involvement. The book examines the role of MNEs in Ghana's industrial sector, their management practices and the effects of skill transfer from foreign managers to local workers. The authors explore the impact MNEs are having on the development of local capabilities, the contribution of MNEs to sustainable development goals, and the benefits and drawbacks of foreign direct investment in Ghana. Previously unexamined roles of work and social networks, and the differences between European and Chinese MNEs, are exposed, all subjects previously unaddressed in the field. The insights presented in this book will be of significant interest to policy makers, both public and private sector development practitioners, and students of development, as well as any readers concerned with addressing better engagement with key economic actors on the African continent.Table of ContentsContents: 1. Introduction 2. MNEs, managerial knowledge transfer and local capability building: Conceptual framework 3. MNEs and the industrial sector in Ghana 4. Management practices of MNEs in Ghana 5. Knowledge transfer in MNEs in Africa: A comparison between Chinese and European MNEs in Ghana, Xiaolan Fu and Hao Xu 6. MNEs and managerial knowledge transfer to Africa: A comparison between Chinese and European MNEs in the construction sector in Ghana, Cyrielle Auffray and Xiaolan Fu 7. MNEs and their impact on local capabilities building and sustainable development 8. Conclusions and policy implications References Index
£90.00
Edward Elgar Publishing Ltd Transnational Corporations and International
Book SynopsisThoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them. Invaluable for courses as well as researchers in international business, international economics, globalization, international relations, economic geography and history of economic thought on the TNCs. Key features of this edition: A unique critical analysis of all the theories of TNCs in their historical context and with insightful commentaries at the end of each chapter, now extended to cover network theory and dynamic capabilities theory Clear exposition of concepts on the evolution and the activities of TNCs Analysis of effects of TNCs' activities on: innovation; labour; trade; balance of payments and the fiscal revenue of countries Discussions on new topics such as the digital TNCs and global value chains A contribution to the history of economic thought on the TNC Summary boxes as well as suggestions for further reading within each chapter give opportunities for discussion and extended learning. Ideal for advanced bachelors and masters courses in international business, economics, international relations, globalization and economic geography as well as the history of economic thought, Transnational Corporations and International Production is an essential text for appreciating the evolution, explanations and impact of TNCs in a globalised world.Trade Review'Grazia Ietto-Gillies' book - now in its 3rd edition - has a well-earned cult following. There is no other book that provides such a comprehensive, detailed and updated overview of theoretical approaches to the study of transnational corporations (TNCs) as the main actors in globalisation processes. As for the previous editions, Ietto-Gillies' book remains unique for its exhaustive coverage of the major theories of TNCs, and for following a history of economic thought perspective surprisingly seldom applied to this topical field of research. Achievements and gaps of the theoretical body of literature looking at determinants and impacts of TNC behaviours and strategies, in a comparative perspective, are subject to an extraordinarily thoughtful and original analysis. I recommend the book highly for students at all levels of higher education; it should be considered necessary for any scholar seeking to advance our knowledge on one of the most important drivers of modern societies world-wide.' --Simona Iammarino, London School of Economics, UK'This book deals with the important issue of integrating the study of the transnational corporation into economics. Ietto-Gillies places the different theories on the TNC into its wider theoretical and historical context and offers the reader an excellent opportunity to get a deeper understanding of not only the circumstances under which a theory has developed but also which issues are addressed by the theory - and which issues are not addressed. The book contains brilliant analyses and comparisons of basic theories within the field and is an inspiring source for every scholar within the international business field.' --Mats Forsgren, Uppsala University, Sweden'Grazia Ietto-Gillies' book remains the best introduction that we have to theories of international business. It offers an especially comprehensive guide to the origin and evolution of theories of transnational corporations grounded in Economics or Strategy. The latest edition relates to all the major contemporary debates in the field.' --John Cantwell, Rutgers University, USTable of ContentsContents: Introduction PART I EVOLUTION AND CONCEPTS 1. Evolution and and growth 2. Modalities of TNCs’ operations PART II PRE-WWII APPROACHES TO INTERNATIONAL INVESTMENT Introduction to Part II 3. Marxist approaches 4. Foreign investment within the neoclassical paradigm PART III MODERN THEORIES Introduction to Part III 5. Hymer’s seminal work 6. The product life cycle and international production 7. Oligopolistic reactions and the geographical pattern of FDI 8. Currency areas and internationalization 9. Internalization and the transnational corporation 10. Dunning’s eclectic framework 11. Stages in the internationalization process: the Uppsala Model 12. Evolutionary theories of the TNC 13. New trade theories and the activities of TNCs 14. Transnational monopoly capitalism 15. Nation-states and TNCs’ strategic behaviour 16. The transnational corporation as a network 17. Bundle of resources, dynamic capabilities and the TNC 18. Theories of the TNC and the XXI century PART IV EFFECTS Introduction to Part IV 19. Boundaries in the assessment of effects 20. Innovation and the TNCs 21. Effects on Labour 22. Effects on Trade 23. Wider effects from the balance of payments to fiscal revenues References Index
£116.00
Edward Elgar Publishing Ltd Transnational Corporations and International
Book SynopsisThoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them. Invaluable for courses as well as researchers in international business, international economics, globalization, international relations, economic geography and history of economic thought on the TNCs. Key features of this edition: A unique critical analysis of all the theories of TNCs in their historical context and with insightful commentaries at the end of each chapter, now extended to cover network theory and dynamic capabilities theory Clear exposition of concepts on the evolution and the activities of TNCs Analysis of effects of TNCs' activities on: innovation; labour; trade; balance of payments and the fiscal revenue of countries Discussions on new topics such as the digital TNCs and global value chains A contribution to the history of economic thought on the TNC Summary boxes as well as suggestions for further reading within each chapter give opportunities for discussion and extended learning. Ideal for advanced bachelors and masters courses in international business, economics, international relations, globalization and economic geography as well as the history of economic thought, Transnational Corporations and International Production is an essential text for appreciating the evolution, explanations and impact of TNCs in a globalised world.Trade Review'Grazia Ietto-Gillies' book - now in its 3rd edition - has a well-earned cult following. There is no other book that provides such a comprehensive, detailed and updated overview of theoretical approaches to the study of transnational corporations (TNCs) as the main actors in globalisation processes. As for the previous editions, Ietto-Gillies' book remains unique for its exhaustive coverage of the major theories of TNCs, and for following a history of economic thought perspective surprisingly seldom applied to this topical field of research. Achievements and gaps of the theoretical body of literature looking at determinants and impacts of TNC behaviours and strategies, in a comparative perspective, are subject to an extraordinarily thoughtful and original analysis. I recommend the book highly for students at all levels of higher education; it should be considered necessary for any scholar seeking to advance our knowledge on one of the most important drivers of modern societies world-wide.' --Simona Iammarino, London School of Economics, UK'This book deals with the important issue of integrating the study of the transnational corporation into economics. Ietto-Gillies places the different theories on the TNC into its wider theoretical and historical context and offers the reader an excellent opportunity to get a deeper understanding of not only the circumstances under which a theory has developed but also which issues are addressed by the theory - and which issues are not addressed. The book contains brilliant analyses and comparisons of basic theories within the field and is an inspiring source for every scholar within the international business field.' --Mats Forsgren, Uppsala University, Sweden'Grazia Ietto-Gillies' book remains the best introduction that we have to theories of international business. It offers an especially comprehensive guide to the origin and evolution of theories of transnational corporations grounded in Economics or Strategy. The latest edition relates to all the major contemporary debates in the field.' --John Cantwell, Rutgers University, USTable of ContentsContents: Introduction PART I EVOLUTION AND CONCEPTS 1. Evolution and and growth 2. Modalities of TNCs’ operations PART II PRE-WWII APPROACHES TO INTERNATIONAL INVESTMENT Introduction to Part II 3. Marxist approaches 4. Foreign investment within the neoclassical paradigm PART III MODERN THEORIES Introduction to Part III 5. Hymer’s seminal work 6. The product life cycle and international production 7. Oligopolistic reactions and the geographical pattern of FDI 8. Currency areas and internationalization 9. Internalization and the transnational corporation 10. Dunning’s eclectic framework 11. Stages in the internationalization process: the Uppsala Model 12. Evolutionary theories of the TNC 13. New trade theories and the activities of TNCs 14. Transnational monopoly capitalism 15. Nation-states and TNCs’ strategic behaviour 16. The transnational corporation as a network 17. Bundle of resources, dynamic capabilities and the TNC 18. Theories of the TNC and the XXI century PART IV EFFECTS Introduction to Part IV 19. Boundaries in the assessment of effects 20. Innovation and the TNCs 21. Effects on Labour 22. Effects on Trade 23. Wider effects from the balance of payments to fiscal revenues References Index
£38.90
Edward Elgar Publishing Ltd The Development of International Business: A
Book SynopsisThe Development of International Business offers an extensive understanding of contemporary international business through detailed, engaging discussion of the development of the multinational enterprise (MNE) over the past half-century. By providing an analytically informed basis for understanding MNEs, two parallel strands of analysis in International Business (IB) are reviewed: the `theoretical' and the `practical'. Firstly, Robert Pearce identifies how the practical restructuring of the MNE as an organisational form has responded to changes in the wider global economy and how this evolution has interacted with the enrichment of theory on the topic. Secondly, by tracing the persisting dynamics of the MNE's structure and strategic positioning, he demonstrates the use of these systems and how they can help to understand and organise the future evolution of not only MNEs but of international business as a whole. Highly accessible with an informed overview of the entire IB subject area, The Development of International Business is an essential text for students and academics of business, management, economics and development. More generally, business leaders, economists and politicians will value the exceptional insight into the progression of international business and its future.Trade Review'As a distinguished founder-member of the ''Reading School'', Bob Pearce provides a comprehensive account of the evolution of international business theory from the 1950s to the present day. He shows how, unlike abstract economic theories, international business theory has always been rooted in evidence on the behaviour of individual multinational firms. He provides a fascinating narrative of the early days of international business research, which he embeds within a broad thematic view. This book is indispensable reading for all serious scholars of international business studies.' --Mark Casson, University of Reading, UK'This tour de force gives us the very first, timely narrative history of the birth and growth of IB as a new discipline over the past half century. Robert Pearce lucidly interprets the major theoretical traces left by innovative economists whose frameworks built the foundation of the discipline. He weaves out a thought-provocative tapestry that demonstrates how national enterprises transform themselves into multinationals as they adapt to, and reshape, their altering global ecosystem - in a co-evolutionary fashion. The book is highly recommended as an ideal read to learn the conceptual warp and woof of IB.' --Terutomo Ozawa, Colorado State University, USTable of ContentsContents: 1. Multinationals: in theory and practice 2. From FDI to the MNE: Hymer and the roots of ownership advantage 3. From innovation to internationalisation: the product cycle model 4. From multi-domestic hierarchy to network hierarchy 5. Trade and FDI revisited: the role of location 6. Internalisation: ownership advantage as an intermediate good 7. The knowledge-seeking transition: decentralising innovation and R&D 8. Multinationals from emerging economies: a new challenge of practice to theory 9. Evaluating the multinationals: a coda Index
£22.75
Edward Elgar Publishing Ltd A Research Agenda for Corporations
Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This exciting Research Agenda offers a multi-disciplinary and historically informed programme for the further investigation of the global political economy of the corporate sector. It tackles the question, can and should the corporation be reformed? Christopher May develops a range of intersecting areas for research while also offering an account of the possibilities for the reform of the global corporation. Based on an understanding of the history of corporations, the author provides key insights into their management and political agency as well as the operation of the global corporate supply chain. Drawing links between a range of disciplines and perspectives on business enterprises, May calls for a more nuanced understanding of the global corporate sector in order to better comprehend the contours of the contemporary global capitalist system. This Research Agenda will be a valuable resource for students and academics of politics, economics, sociology and law, who are curious to explore the corporation in relation to their area of study.Trade Review'May persuasively makes the case for scholars to take a more holistic approach to research on corporations. He rightly argues that too many scholars take a narrow disciplinary view, while others downplay or ignore corporations in their analysis. One theme throughout is how corporate leaders govern-within the organization itself and throughout global supply chains with significant consequences for society. This short yet comprehensive book covers the key issues and questions that scholars need to address to explain our current era.' --Virginia Haufler, University of Maryland, College Park, US'Firms and corporations have been out of fashion in recent decades. Christopher May's deeply researched and carefully constructed historical-social analysis of the corporation reminds us just why this is shortsighted. It is cross disciplinary in the best sense - reaching across an impressive mix of, often contradictory, source materials to make sense of how the corporation operates from the local to the global and ultimately challenging us: what should be done to reform one of the key actors in world politics?' --Stuart Shields, University of Manchester, UKTable of ContentsContents: 1. Introduction 2. The history of corporations and incorporation 3. Managing the corporation 4. Understanding the global corporate supply chain 5. The corporation’s political agency 6. Can the corporation be reformed? Should it be? References Index
£78.85
Edward Elgar Publishing Ltd Multinational Enterprises and Emerging Economies
Book SynopsisGuided by the overarching question ''how and why does the emerging economy context matter for business?'', this collection brings together key contributions of Klaus Meyer on multinational enterprises (MNEs) competing in, and originating from, emerging economies. From theoretical to process perspectives, the book also explores how outward investment strategies contribute to building internationally competitive MNEs. It looks at the process by which foreign MNEs pursue distinct opportunities in each emerging economy by adapting their strategies to the specific business ecosystem. This includes, inter alia, the location of production, choice of entry mode, forms of equity and non-equity partnerships and market positioning. Conversely, when local firms set their ambitions beyond national boundaries, their own resources and capabilities are shaped by the business ecosystem of their home country. The author's theoretically grounded empirical research in Multinational Enterprises and Emerging Economies gives MSc students, PhD students and junior scholars the opportunity to dig deeper into the study of MNE growth. Keywords: Business in emerging economies book / emerging markets book Multinational enterprises Foreign entry in emerging economies Emerging economy multinationals Institutional theory Context of business Trade Review'The advance of post-war globalisation since China's Open Door Policy of 1978 and the Fall of the Berlin Wall in 1989 has transformed international business. It has stimulated both inward and outward investment flows in emerging economics in Eastern Europe, Asia, Latin America and Africa. Klaus Meyer is a leading researcher into these economies. This book epitomises his systematic and insightful investigations into the role of these emerging economies in the new world order.' --Mark Casson, University of Reading and Henley Business School, UK'Professor Klaus Meyer has brought together an exceptional collection of high-quality papers on emerging economy markets and firms, all published in leading academic journals. This volume will be a must-read in the years to come for any scholar interested in advancing international business research on emerging economies. The broad scope and intellectual depth of this collection confirm the status of Professor Meyer as the world's leading authority on the subject matter of emerging markets and emerging economy multinational enterprises.' --Alain Verbeke, Editor-in-Chief, Journal of International Business Studies (JIBS)'This is a highly essential and extensive book tackling one of the key topics in contemporary international business - multinational enterprises investing in and from major emerging markets. Professor Meyer is to be congratulated on his long and remarkable achievements on international business in emerging economies, some of which are included in this very valuable book. Particularly insightful and significant are his rich theoretical discussions on strategic choice and growth of global firms entering emerging markets and emerging market firms go global.' --Yadong Luo, University of Miami, USTable of ContentsContents: Introduction Klaus E. Meyer ix PART I THEORETICAL PERSPECTIVES ON BUSINESS AND EMERGING ECONOMIES 1 ‘Probing Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions’, with Mike W. Peng, Journal of International Business Studies , 36 (6), 2005, November, 600–621 2 2 ‘Theoretical Foundations of Emerging Economy Business Research’, with Mike W. Peng, Journal of International Business Studies , 47 (1), 2016, January, 3–22 24 PART II CHOOSING LOCATIONS IN EMERGING MARKETS 3 ‘Foreign Investment Location and Institutional Development in Transition Economies’, with Alan Bevan and Saul Estrin, International Business Review , 13 (1), 2004, February, 43–64 45 4 ‘Foreign Investment Strategies and Sub-national Institutions in Emerging Markets: Evidence from Vietnam’, with Hung Vo Nguyen, Journal of Management Studies , 42 (1), 2005, January, 63–93 67 5 ‘Country-of-origin and Industry FDI Agglomeration of Foreign Investors in an Emerging Economy’, with Danchi Tan, Journal of International Business Studies , 42 (4), 2011, May, 504–20 98 PART III DESIGNING AND CHANGING OPERATION MODES 6 ‘Institutions, Transaction Costs, and Entry Mode Choice in Eastern Europe’, Journal of International Business Studies , 32 (2), 2001, June, 357–67 116 7 ‘Institutions, Resources, and Entry Strategies in Emerging Economies’, with Saul Estrin, Sumon Kumar Bhaumik and Mike W. Peng, Strategic Management Journal , 30 (1), 2009, 61–80 127 8 ‘Transaction Cost Perspectives on Alliances and Joint Ventures: Explanatory Power and Empirical Limitations’, with Yi Wang, in Jorma Larimo, Niina Nummela and Tuija Mainela (eds), Handbook on International Alliance and Network Research , Chapter 4, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 2015, 87–136 147 9 ‘Brownfield Acquisitions: A Reconceptualization and Extension’, with Saul Estrin, Management International Review , 51 (4), 2011, August, 483–509 197 10 ‘Market Penetration and Acquisition Strategies for Emerging Economies’, with Yen Thi Thu Tran, Long Range Planning , 39 (2), 2006, April, 177–97 224 11 ‘Business Under Adverse Home Country Institutions: The Case of International Sanctions Against Myanmar’, with Htwe Htwe Thein, Journal of World Business , 49 (1), 2014, January, 156–71 245 PART IV CONTEXTUAL INFLUENCES ON MNEs FROM EMERGING ECONOMIES 12 ‘Home Country Institutions and the Internationalization of State Owned Enterprises: A Cross-Country Analysis’, with Saul Estrin, Bo B. Nielsen and Sabina Nielsen, Journal of World Business , 51 (2), 2016, February, 294–307 262 13 ‘Emerging Economy MNEs: How Does Home Country Munificence Matter?’, with Saul Estrin and Adeline Pelletier, Journal of World Business , 53 (4), 2018, June, 514–28 276 14 ‘Overcoming Distrust: How State-owned Enterprises Adapt Their Foreign Entries to Institutional Pressures Abroad’, with Yuan Ding, Jing Li and Hua Zhang, Journal of International Business Studies , 45 (8), 2014, October, 1005–28 291 15 ‘Diplomatic and Corporate Networks: Bridges to Foreign Locations’, with Jing Li, Hua Zhang and Yuan Ding, Journal of International Business Studies , 49 (6), 2018, August, 659–83 315 PART V PROCESS PERSPECTIVES ON MNEs FROM EMERGING ECONOMIES 16 ‘The Dynamics of Emerging Economy MNEs: How the Internationalization Process Model Can Guide Future Research’, with Ornjira Thaijongrak, Asia Pacific Journal of Management , 30 (4), 2013, December, 1125–53 341 17 ‘What is “Strategic Asset Seeking FDI?”’, Multinational Business Review , 23 (1), 2015, 57–66 370 18 ‘What Drives Firms’ Intent to Seek Strategic Assets by Foreign Direct Investment? A Study of Emerging Economy Firms’, with Lin Cui and Helen Wei Hu, Journal of World Business , 49 (4), 2014, October, 488–501 380 19 ‘Managing Talent in Emerging Economy Multinationals: Integrating Strategic Management and Human Resource Management’, with Katherine R. Xin, International Journal of Human Resource Management , 29 (11), 2018, 1827–55 394 Index 423
£128.25
Edward Elgar Publishing Ltd MNCs in Global Politics: Pathways of Influence
Book SynopsisThis authoritative book examines the power of multinational corporations (MNCs) to exert influence in global politics. Focusing on the actions and motivations of MNCs, it explores how they attempt to shape the political issues that affect them. Combining theoretical perspectives with analyses of enlightening case studies, the contributors consider key areas in which MNCs seek to exert political influence such as environmental sustainability, social conflicts and corporate tax avoidance, as well as in specific industries including mining, shipping and consulting. They also illustrate the mechanisms used by MNCs to exert influence in a wide range of policy fields at multiple territorial levels, discussing how they interact with states, intergovernmental organizations and civil society, as well as how they coordinate their activities with other parts of the business community. The book concludes that MNCs enjoy certain basic privileges in society and politics due to their preponderant economic position and their key role in the processes of globalization, but action is necessary to sustain this role.MNCs in Global Politics will be critical reading for academics and students of politics, international relations and political economy, particularly those with an interest in globalization and governance. Its exploration of specific case studies will also be beneficial for policy-makers.Trade Review'The role of multinational corporations in global politics has been neglected for many decades, after a first wave of scholarship during the 1970s. Mikler and Ronit bring together authors with various specializations, united in their attempt to present a comprehensive current picture of MNCs as political actors in their own right. The book is an indispensable working tool for scholars in various disciplines, from International Business to Political Science. It will also be very helpful for policy discussions on the adequate role of MNCs in post-corona capitalism.' -- Andreas Nolke, Goethe University Frankfurt, Germany'It is often asserted that multinational corporations wield significant power and influence, but too often this claim is taken as self-evident without any detailed exposition. In this timely volume the complexity of corporations' engagement with states, global governance and (global) civil society is explored across a range of dimensions to establish that corporate influence is both contested and contingent. Balancing collective analyses of the global corporate realm with an attention to specific sectors and enterprises, the contributors offer a nuanced and compelling analysis that delivers a sophisticated account of corporate power and influence in the new millennium.' -- Christopher May, Lancaster University, UKTable of ContentsContents: Preface and Acknowledgments Chapter 1: Introduction John Mikler and Karsten Ronit Chapter 2: Globalizing State Capitalism? Selective Internationalization of MNCs from Emerging Economies Christian May Chapter 3: MNCs and State Infrastructural Power Linda Weiss and Elizabeth Thurbon Chapter 4: Corporate Influence and Environmental Regulation in Shipping: Navigating Norms and Influence Pathways in the International Maritime Organization Christian Hendriksen Chapter 5: Private Sustainability Governance and Global Corporate Power Kate Macdonald Chapter 6: MNCs and Their Role in Global Business Associations Karsten Ronit Chapter 7: The Power of Mining MNCs: Global Governance and Social Conflict Lian Sinclair Chapter 8: Knowledge and Power: The Role of the Big Four in the Competitive Disharmonization of Global Corporate Tax Avoidance Regulations Ainsley Elbra, John Mikler and Hannah Murphy-Gregory Chapter 9: Conclusion John Mikler and Karsten Ronit Index
£94.00
Edward Elgar Publishing Ltd The Multinational Enterprise: Theory and History
Book SynopsisIn The Multinational Enterprise, Mark Casson - an important thinker in international business for more than 40 years - provides a state-of-the art review of recent developments in the economic theory of the multinational enterprise. He shows how recent developments in theory shed new light on the historical emergence of multinational enterprises, and explains the different forms that multinationality has taken in different industries and different regions of the world.Mark Casson brings together his leading research on internalisation theory as a general theory of the multinational enterprise. He offers cutting-edge analysis across four distinct sections: marketing and brands, supply chain coordination, methodology and the theory of the firm, and risk management. The book also sets out an exciting new research agenda, which explores the future place of the multinational in the evolving 'knowledge economy' and in a politically uncertain world.This book will appeal to doctoral students and faculty in business schools in need of the latest theoretical developments and also those in economics departments that specialise in business and industrial economics.Trade Review'Casson and his co-authors provide a powerful restatement and renewal of the concept of internalization as a general theory of the multinational enterprise. The book expands the boundaries of the theory's application, while confidently asserting its identity in economics rather than strategic management. A particularly compelling component is the innovative use of historical evidence and perspectives on issues such as branding strategies and response to risk.' --Geoffrey Jones, Harvard Business School, USTable of ContentsContents: Preface PART I Introduction and overview 1. The Future of the Multinational Enterprise in historical perspective 2. Internalization theory: an unfinished agenda PART II Marketing and brands 3. Marketing and the multinational: extending internalization theory 4. Imitation, brand protection and the globalization of British business PART III Supply chain coordination 5. Economic analysis of international supply chains: an internalization perspective 6. The economic theory of international business: a supply chain perspective 7. The economic theory of international supply chains: a systems view PART IV Methodology and the theory of the firm 8. Coase and international business: Rethinking the connection 9. The economic theory of the firm as a foundation for international business theory 10. Alan Rugman’s methodology PART V Risk management 11. Foreign direct investment in high-risk environments: a theoretical perspective 12. Foreign direct investment in high-risk environments: an historical perspective Index
£31.30
Emerald Publishing Limited Research in Personnel and Human Resources
Book SynopsisVolume 39 of Research in Personnel and Human Resources Management contains eight original scholarly monographs written by thought leaders in the field of human resources management. This volume focuses on generational issues that have been created by a global pandemic, gig economy in relation to human resources management, immigrant and refugee issues in human resources management, pay dispersion issues, network structures and human resources management, human resources issues in family organizations and managing human resources during economic downturns.Table of ContentsChapter 1. Human Resource Management and the Gig Economy: Challenges and Opportunities at the Intersection Between Organizational HR Decision Makers and Digital Labor Platforms; Kristine M. Kuhn, Jeroen Meijerink, and Anne Keegan Chapter 2. Explained Pay Dispersion: A 20-year Review of Human Resource Management Research and Beyond; Jason D. Shaw and Xiang Zhou Chapter 3. “Going to Hell in a Handbasket?” Personnel Responses to Organizational Politics in Economically Challenged Environments; Diane A. Lawong, Gerald R. Ferris, Wayne A. Hochwarter, and John N. Harris Chapter 4. Coming of Age in a Global Pandemic: HRM Perspectives on Generation Z’s Workforce Entry; Frances M. McKee-Ryan Chapter 5. Network Structures of Influence within Organizations and Implications for HRM; Kristin L. Cullen-Lester, Caitlin M. Porter, Hayley M. Trainer, Pol Solanelles, and Dorothy R. Carter Chapter 6. Human Resource Management in Family Firms: Review, Integration, and Opportunities for Future Research; Laura E. Marler, James M. Vardaman, and David G. Allen Chapter 7. HRM Challenges for Immigrant Employees: Status-Laden Transitions Across Cultures and Workplace Social Environments; David A. Harrison, Teresa L. Harrison, and Margaret A. Shaffer Chapter 8. Multidimensional (Mis)Fit: A Systemic View of the Refugee Employment Journey from an HRM Perspective; Vickie Coleman Gallagher, Lisa E. Baranik, Maria Hamdani, Sorin Valcea, Pakanat Kiratikosolrak, and Anthony Wheeler
£89.99
Edward Elgar Publishing Ltd A Research Agenda for Corporations
Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This exciting Research Agenda offers a multi-disciplinary and historically informed programme for the further investigation of the global political economy of the corporate sector. It tackles the question, can and should the corporation be reformed? Christopher May develops a range of intersecting areas for research while also offering an account of the possibilities for the reform of the global corporation. Based on an understanding of the history of corporations, the author provides key insights into their management and political agency as well as the operation of the global corporate supply chain. Drawing links between a range of disciplines and perspectives on business enterprises, May calls for a more nuanced understanding of the global corporate sector in order to better comprehend the contours of the contemporary global capitalist system. This Research Agenda will be a valuable resource for students and academics of politics, economics, sociology and law, who are curious to explore the corporation in relation to their area of study.Trade Review'May persuasively makes the case for scholars to take a more holistic approach to research on corporations. He rightly argues that too many scholars take a narrow disciplinary view, while others downplay or ignore corporations in their analysis. One theme throughout is how corporate leaders govern-within the organization itself and throughout global supply chains with significant consequences for society. This short yet comprehensive book covers the key issues and questions that scholars need to address to explain our current era.' --Virginia Haufler, University of Maryland, College Park, US'Firms and corporations have been out of fashion in recent decades. Christopher May's deeply researched and carefully constructed historical-social analysis of the corporation reminds us just why this is shortsighted. It is cross disciplinary in the best sense - reaching across an impressive mix of, often contradictory, source materials to make sense of how the corporation operates from the local to the global and ultimately challenging us: what should be done to reform one of the key actors in world politics?' --Stuart Shields, University of Manchester, UKTable of ContentsContents: 1. Introduction 2. The history of corporations and incorporation 3. Managing the corporation 4. Understanding the global corporate supply chain 5. The corporation’s political agency 6. Can the corporation be reformed? Should it be? References Index
£24.65
Atlantic Books The Curse of Bigness: How Corporate Giants Came
Book Synopsis'Timely and important.' -- Joseph E. Stiglitz 'Tim Wu helps shape an urgent new global conversation.' -- Shoshana ZuboffWe're three decades into a global experiment: what happens when the major nations of the world weaken their control on the size and power of corporate giants and allow unrestricted expansion?In The Curse of Bigness, Tim Wu exposes the threats monopolies pose to economic stability and social freedom around the world. Aided by the globalization of commerce and finance, in recent years we have seen takeovers galore that make a mockery of the ideals of competition and economic freedom. Such is the 'curse of bigness': stifled entrepreneurship, stalled productivity, dominant tech giants like Facebook and Google, and fewer choices for consumers. Urgent and persuasive, this bold manifesto argues that we need to rediscover the anti-monopoly traditions that brought great peace and prosperity in the past.Trade ReviewShort and sharp... an excellent primer for anyone who wants to understand why corporate wealth and power have grown so concentrated... and why that might be a problem for democracy. * Financial Times *Admirably concise and punchy. * The Times *Mr. Wu writes with elegance, conviction, knowledge - and certitude. * Wall Street Journal *Timely and important... Wu makes an urgent and persuasive case. * Joseph E. Stiglitz *With The Curse of Bigness Tim Wu helps shape an urgent new global conversation on market democracy, reviving the critical role of governments in curbing corporate power. * Shoshana Zuboff, author of The Age of Surveillance Capitalism *Original, provocative and stimulating. * Timothy Garton Ash *As Tim Wu argues in The Curse of Bigness, global economic concentration is now at levels unseen in more than a century - since the early days of industrial capitalism... Wu manages to make this brisk and impressively readable overview of the subject vivid and compelling. * Washington Post *It's a big idea for a little book, but Wu knows how to keep everything concise and contained. The Curse of Bigness moves nimbly through the thicket, embracing the boons of being small. * New York Times *Tim Wu has pulled off an incredible feat - he's written a short, compelling book on antitrust... Persuasive and brilliantly written, the book is especially timely given the rise of trillion-dollar tech companies. * Publishers Weekly *Sweeping in scope, The Curse of Bigness is probably the best popular account of the history of American antitrust law and policy. It captures the stakes in the battle for antitrust - and it cuts to the heart of one of the central questions of our time: can democracy survive? * New Republic *Tim Wu writes books that make a big impact. * Guardian *Table of Contents0: Introduction 1: Where Our Path Has Led 2: The Lost Lessons of the Second World War 3: The Anti-Monopoly Tradition 4: Peak Anti-Monopoly 5: The Tech Explosion of the 1980s and 1990s 6: Neoliberalism's Triumph 7: The Problem of Global Monopoly 8: The Rise of the Tech Giants 9: Conclusion: Breaking Up Global Economic Power
£9.49
Emerald Publishing Limited Expatriate Leaders of International Development
Book SynopsisDrawing on the experiences of six expatriate leaders who, collectively, had more than 78 years of experience managing United States Agency for International Development (USAID) international development projects in 26 countries around the world, this book provides a scholarly analysis of their stories, identifies factors expatriate leaders experienced managing projects, then integrates the factors into a theory that explains and helps define the success, or lack thereof, they achieved, and provides recommendations on how to deal with and overcome the issues. For decades, international development projects have played a crucial role in the delivery of U.S. foreign aid and yet, while considerable attention has been given to policymakers' foreign aid decisions concerning which countries receive U.S. foreign aid and how much each country receives, scant attention has been given to understanding the challenges encountered by the expatriate leaders recruited to manage the implementation of these international development projects, which unfold within a confluence of diverse multi-organizational contexts and culturally complex developing country environments. Even less is known about what factors these expatriate leaders experience that could explain, and help define, the success, or lack thereof, they achieve managing the implementation of these projects. This book is essential reading for international development leaders, practitioners, and scholars, as well as foreign aid policymakers, as they seek to improve international development.Table of ContentsIntroduction. Finding My Way Into Expatriate Leadership And The Study Of Expatriate Leaders Of International Development Projects Chapter 1. Seeking To Understand The Unforgiving Environment Of International Development Projects Chapter 2. Listening To Expatriate Leaders Speak Chapter 3. Summarizing What We Now Know, And Still Need To Know, About What Explains And Helps Define The Success, Or Lack Thereof, That They Achieved
£65.54
Edward Elgar Publishing Ltd International Business Strategy in Complex
Book SynopsisIn this revised second edition, Hans Jansson develops and applies an international business and marketing strategy framework to contemporary complex global markets. This cutting-edge textbook explores the major challenges associated with doing business in complex and turbulent emerging markets, stressing the strategic importance of the natural environment. Taking a holistic perspective that integrates stakeholder and shareholder views, this textbook employs an innovative network institutional framework to achieve sustainable competitive advantages by creating economic, social and ecological values with stakeholders. This updated edition includes: The international network strategy (INS), offering a framework for connecting MNCs and multinational exporters with parties in new economic, social and natural environments, and the international matching strategy (IMS), dealing with how MNCs achieve legitimacy An overview of the historical development of the supranational environment, structured as three waves of the internationalization of firms, including the integration of foreign direct investment into the global value chain Dedicated chapters outlining the development of research on international business, strategy, marketing, networks and institutions A methodology for analysing the institutional context of foreign local markets. Insightful and enlightening, this textbook is ideal for postgraduate students of international business, strategy and marketing. This book will also offer frameworks and strategic tools for managers, consultants and practitioners confronting strategic issues in complex markets.Trade Review‘International Business Strategy in Complex Markets is a thorough study of how European multinationals located in mature markets have managed to enter complex emerging markets and how they have solved various problems.’ -- Tiia Vissak, Journal of East European Management StudiesTable of ContentsContents: PART I THE SOCIETAL PERSPECTIVE 1 A network institutional approach to international business strategy PART II THE EXTERNAL ENVIRONMENT 2 The Third wave of internationalization of firms 3 Assessing emerging markets PART III RESEARCH HISTORY 4 Historical overview of international business research PART IV INTERNATIONAL BUSINESS STRATEGY 5 International business strategy determined 6 The international business strategy model PART V THE NETWORK VIEW 7 The network view of international business strategy 8 International network strategy in industrial markets 9 International networking processes 10 Entry strategy of multinational exporters PART VI THE INSTITUTIONAL VIEW 11 The institutional view 12 Analyzing external institutional contexts 13 International matching strategy PART VII INS + IMS = IBS 14 International stakeholder strategic management 15 International business strategy towards government 16 Evaluation and change of international business strategy PART VIII Appendix The institutional view: Theoretical background Index
£126.35
Edward Elgar Publishing Ltd International Business Strategy in Complex
Book SynopsisIn this revised second edition, Hans Jansson develops and applies an international business and marketing strategy framework to contemporary complex global markets. This cutting-edge textbook explores the major challenges associated with doing business in complex and turbulent emerging markets, stressing the strategic importance of the natural environment. Taking a holistic perspective that integrates stakeholder and shareholder views, this textbook employs an innovative network institutional framework to achieve sustainable competitive advantages by creating economic, social and ecological values with stakeholders. This updated edition includes: The international network strategy (INS), offering a framework for connecting MNCs and multinational exporters with parties in new economic, social and natural environments, and the international matching strategy (IMS), dealing with how MNCs achieve legitimacy An overview of the historical development of the supranational environment, structured as three waves of the internationalization of firms, including the integration of foreign direct investment into the global value chain Dedicated chapters outlining the development of research on international business, strategy, marketing, networks and institutions A methodology for analysing the institutional context of foreign local markets. Insightful and enlightening, this textbook is ideal for postgraduate students of international business, strategy and marketing. This book will also offer frameworks and strategic tools for managers, consultants and practitioners confronting strategic issues in complex markets.Trade Review‘International Business Strategy in Complex Markets is a thorough study of how European multinationals located in mature markets have managed to enter complex emerging markets and how they have solved various problems.’ -- Tiia Vissak, Journal of East European Management StudiesTable of ContentsContents: PART I THE SOCIETAL PERSPECTIVE 1 A network institutional approach to international business strategy PART II THE EXTERNAL ENVIRONMENT 2 The Third wave of internationalization of firms 3 Assessing emerging markets PART III RESEARCH HISTORY 4 Historical overview of international business research PART IV INTERNATIONAL BUSINESS STRATEGY 5 International business strategy determined 6 The international business strategy model PART V THE NETWORK VIEW 7 The network view of international business strategy 8 International network strategy in industrial markets 9 International networking processes 10 Entry strategy of multinational exporters PART VI THE INSTITUTIONAL VIEW 11 The institutional view 12 Analyzing external institutional contexts 13 International matching strategy PART VII INS + IMS = IBS 14 International stakeholder strategic management 15 International business strategy towards government 16 Evaluation and change of international business strategy PART VIII Appendix The institutional view: Theoretical background Index
£44.60
Edward Elgar Publishing Ltd International Business Strategy and
Book SynopsisThis comprehensive yet accessible textbook provides readers with an advanced and applied approach to traditional international business that integrates key cross-cultural management topics. Its ten chapters give profound insights into analysing, selecting and entering international markets, strategic partnerships, strategic positioning, global value chains, organizational designs, intercultural interaction, leadership and motivation and international human resources management. For each of these topics, advanced and contemporary theoretical and analytical frameworks are discussed and translated into toolsets that will assist readers in solving practical challenges.Key Features: A strong connection of theoretical foundations with illustrative case studies Integration of current trends and challenges, such as intercultural competence, migration and digitalization, offshoring and global value chains Comprehensive practical examples from multinational firms that demonstrate the value of the frameworks and toolsets included in each chapter An integrative case study that picks up key practical challenges in each chapter and invites the reader to apply theories, frameworks and toolsets A supplementary website that provides multiple materials for furthering readers’ knowledge, including toolsets, further cases and exercises, accompanying videos, quizzes, and presentation slides International Business Strategy and Cross-Cultural Management is a key resource for postgraduate courses on international business management, globalization and entrepreneurship, international human resource management and global marketing. It will also serve as a complementary text for lecturers and students involved in the X-Culture project.Trade Review‘International Business Strategy and Cross-cultural Management: An Applied Approach is not just another standard IB textbook. The book excels in several ways. First, it fulfils the title’s promise of an applied approach by translating IB and cultural theory into many exciting real life company cases and a constructed but realistic case, “Magic Juice”, which reappears in each chapter covering its key topics. The successful application of theory makes the book appealing to students as well as managers facing the challenges of international business, not least the question of how to navigate intercultural interactions. Here, the authors bring two interesting concepts to the table: “the culture map” and “cultural intelligence”. Often, textbooks focus on either IB strategy or cross-cultural management. However, the two topics are closely related and this book offers a happy marriage of the two. I give the book my warmest recommendations.’ -- Bent Petersen, Copenhagen Business School, DenmarkTable of ContentsContents: Preface 1. Analyzing international markets 2. Selecting international markets 3. Analyzing and selecting modes to enter, operate in and exit international markets 4. Entering markets with a partner 5. Developing strategy and strategic positioning in international markets 6. Designing global value chains 7. Designing the MNE organization 8. Navigating intercultural interactions 9. Leading and motivating people in an international environment 10. Building an effective international workforce Index
£103.55
Edward Elgar Publishing Ltd International Business Strategy and
Book SynopsisThis comprehensive yet accessible textbook provides readers with an advanced and applied approach to traditional international business that integrates key cross-cultural management topics. Its ten chapters give profound insights into analysing, selecting and entering international markets, strategic partnerships, strategic positioning, global value chains, organizational designs, intercultural interaction, leadership and motivation and international human resources management. For each of these topics, advanced and contemporary theoretical and analytical frameworks are discussed and translated into toolsets that will assist readers in solving practical challenges.Key Features: A strong connection of theoretical foundations with illustrative case studies Integration of current trends and challenges, such as intercultural competence, migration and digitalization, offshoring and global value chains Comprehensive practical examples from multinational firms that demonstrate the value of the frameworks and toolsets included in each chapter An integrative case study that picks up key practical challenges in each chapter and invites the reader to apply theories, frameworks and toolsets A supplementary website that provides multiple materials for furthering readers’ knowledge, including toolsets, further cases and exercises, accompanying videos, quizzes, and presentation slides International Business Strategy and Cross-Cultural Management is a key resource for postgraduate courses on international business management, globalization and entrepreneurship, international human resource management and global marketing. It will also serve as a complementary text for lecturers and students involved in the X-Culture project.Trade Review‘International Business Strategy and Cross-cultural Management: An Applied Approach is not just another standard IB textbook. The book excels in several ways. First, it fulfils the title’s promise of an applied approach by translating IB and cultural theory into many exciting real life company cases and a constructed but realistic case, “Magic Juice”, which reappears in each chapter covering its key topics. The successful application of theory makes the book appealing to students as well as managers facing the challenges of international business, not least the question of how to navigate intercultural interactions. Here, the authors bring two interesting concepts to the table: “the culture map” and “cultural intelligence”. Often, textbooks focus on either IB strategy or cross-cultural management. However, the two topics are closely related and this book offers a happy marriage of the two. I give the book my warmest recommendations.’ -- Bent Petersen, Copenhagen Business School, DenmarkTable of ContentsContents: Preface 1. Analyzing international markets 2. Selecting international markets 3. Analyzing and selecting modes to enter, operate in and exit international markets 4. Entering markets with a partner 5. Developing strategy and strategic positioning in international markets 6. Designing global value chains 7. Designing the MNE organization 8. Navigating intercultural interactions 9. Leading and motivating people in an international environment 10. Building an effective international workforce Index
£34.15
Edward Elgar Publishing Ltd The New Economic Analysis of Multinationals: An
Book SynopsisIn this seminal book, a distinguished group of experts pinpoint and rigorously analyse central topics in international business research. This volume will become a major reference tool for understanding the economics of multinational enterprise. The emphasis throughout is on a new dynamic research agenda, for theory, for empirical research and for public policy.The wide-ranging topics discussed include: the importance of the location of production market structure and multinational enterprise technology, productivity and the multinational firm multinational enterprises and developing countries international business and public policy issues analytic models. The juxtaposition of ideas will provoke productive discussions among faculty and at conferences, and will stimulate useful new thought processes in any individual researcher. This book will be required reading for academics and scholars seeking guidance on the future research agenda for the economics of multinational enterprise.Trade Review'Each chapter is both thoughtful and provocative in its distilled survey of recent developments and in identifying areas of future interest. As such, there are far more "nuggets" contained here than in most volumes. The book will appeal primarily to (specialist) academic economists and their prospective doctoral students but it also provides a lucid survey of issues and analysis that, in great part is accessible to the informed non-specialist.' -- Robert Read, The Business Economist'This is a useful addition to the literature on MNEs and a must for researchers and policymakers in the area of international business.' -- C.S. Venkata Ratnam, Global Business ReviewTable of ContentsContents: Introduction 1. Research on International Business: Problems and Prospects 2. Models of the Multinational Enterprise 3. Location and the Multinational Enterprise: A Neglected Factor? 4. Market Structure and the Multinational Enterprise: A Game-Theoretic Approach 5. Multinational Enterprise and Economic Analysis: Technology and Productivity 6. Multinationals and the Developing Countries 7. Multinational Enterprises and Public Policy 8. Overview and Public Policy Reflections Index
£90.00
Edward Elgar Publishing Ltd Business Strategy and National Culture: US and
Book SynopsisThis timely book investigates the importance of national culture as it applies to the strategic management of multinationals. The author focuses on backward linkage strategies within US, Japanese, Taiwanese and Korean microcomputer multinationals investing in Europe. In particular, both market-driven and resource-driven strategic orientations are depicted in new and established firms.The main premise of the book is concerned with the backward linkage strategy of US and Asian Pacific firms, and is therefore based on a specific set of relevant core cultural values rather than a universal set of values. The material in this volume is derived from directly and indirectly collected data, and in addition, unstructured face-to-face interviews with representatives from multinational firms headquartered across different cultures.This volume will provide academics, researchers, students, business consultants and strategists a new perspective on business strategy as well as an up-to-date source of industry material.Trade Review'The backward linkage strategies of major multinationals differ significantly between firms within the same industry. In this provocative book, Denise Tsang explains these differences in strategy in terms of the culture of the parent company and the age of the firm. Her case study of the European microcomputer industry encompasses major multinationals from the US, Japan, Taiwan and Korea, and includes both long-established firms and recent start-ups. It contains a wealth of fascinating detail which she elegantly synthesises to support her thesis.' -- Mark Casson, University of Reading, UK'This book is a major contribution to our understanding of international business strategy. It adopts a unique culturist view that has been long neglected by mainstream strategy theorists.' -- Geoffrey G. Jones, Harvard Business School, USTable of ContentsContents: Preface 1. The Strategy of Microcomputing 2. US and Asia Pacific Multinationals and European Microcomputers 3. Microcomputer Strategic Paradigm 4. Strategy and Values 5. Nations and Values 6. A Theory of Cultural Selectivity 7. US and Asia Pacific Multinationals Backward Linkage Strategy 8. Creativity in Software 9. Continuous Improvement and Manufacturing Process 10. People and Culture 11. Conclusion References Appendix Index
£102.00
Edward Elgar Publishing Ltd Innovation in Multinational Corporations in the
Book SynopsisInnovation in Multinational Corporations in the Information Age investigates the production of information communication technology (ICT) through multinational corporations worldwide, and particularly in Europe. Questions relating to the management of corporate technological portfolio and the management of corporate research activity are addressed, and sectoral specialisation along with the geographical location of corporate technological development are analysed. The book imparts enlightening viewpoints on the changing boundaries of the international firm and the evolution of corporate learning in a more complex technological system. The increasing significance of regions as units of spatial competition is highlighted, and the analysis of ICT provides an insight into business strategy and policy making agendas.Providing useful insights into the dynamics of innovation at company level in an international context, this book will be of great interest to international, political, industrial and business economists and scholars.Trade Review'. . . Grazia D. Santangelo has added enormously to our understanding of the nature of international R&D. Hence, I strongly recommend the book to researchers and interested practitioners who work in the field of ICT innovation and international R&D.' -- Oliver Gassmann, R&D Management'Innovation in Multinational Corporations in the Information Age is highly recommended for any professional interested in the role of information technology in multinational corporations. Although most of the analysis in this book is focused on Europe, the findings can be easily extrapolated to other regions of the world. The highly structured analysis of empirical data sets this book apart from others in this topic.' -- Roberto Vinaja, Journal of Global Information Technology Management (JGITM)'This book deals with issues that will be of particular interest to those who wish to learn about the location of corporate R&D. In line with earlier studies on international business, this book concludes that although ICTs encourage the geographical dispersion of R&D activities, the location of these is not in fact random. On the contrary, the book shows that the location patterns of multinational corporations reflect regional technological advantages and are affected by agglomeration economies. The collection of data presented in this work bears several implications for the management of multinational corporations and public policy.' -- Salvatore Torrisi, Universita di Camerino and St Anna School of Advanced Studies, Pisa, ItalyTable of ContentsContents: Preface 1. Introduction Part I: Location, Innovative Activity and MNCs 2. The Geography of Innovation and Local Embeddedness: Tacit versus Codified Knowledge 3. The Management of Corporate Technological Portfolios: Rationalisation versus Diversification 4. Globalisation and Innovation Management Part II: The Experience of the European ICT Industry 5. The Evolution of European Corporate Competencies in ICT 6. The Dynamics of Corporate Competencies and STPs 7. Locational Aspects of ICT Corporate Technological Development: Some Evidence from German, Italian and UK Regions Part III: Concluding Remarks and Implications 8. Conclusions: Context-Dependency, Industrial Models of Innovation and Corporate Learning 9. Management Issues and Policy Implications Bibliography Index
£95.00
Edward Elgar Publishing Ltd Japanese Subsidiaries in the New Global Economy
Book SynopsisSince the 1970s, there have been many changes to the ways in which Japanese firms have conducted business. The editors of this volume examine the strategies of Japanese subsidiaries in the new global economy and present, in four parts, a comprehensive picture of the nature of Japanese multinational enterprises.The book addresses the overall nature of Japanese investment in international markets, and its broader implications for corporate performance. The entry mode choice and its relationship to performance is then examined, in an attempt to establish overall trends in the performance of various modes. The focus then shifts explicitly to joint ventures since nearly half of all Japanese subsidiaries take this form. Finally, the management strategies that Japanese firms have used in their foreign subsidiaries are investigated. Japanese Subsidiaries in the New Global Economy utilizes empirical analyses based on a very large, longitudinal data set, coupled with state of the art conceptual development.This volume provides a complete current picture of the international strategy of Japanese firms, which will be both useful and informative for researchers, scholars and policy makers in international business, international economics, foreign investment, joint ventures and expatriate management.Table of ContentsContents: Part I: Why Internationalize? More Subsidiaries Results in Superior Performance Part II: Entry Mode Choice and Performance Part III: Joint Ventures Part IV: Management Strategy References Index
£119.70
Edward Elgar Publishing Ltd Multinationals and Public Policy
Book SynopsisIn this authoritative selection of previously published articles by leading scholars in the field, Stephen Young provides balanced coverage of this wide-ranging and controversial topic. The articles chosen reflect the major changes which are taking place in government policies and attitudes towards foreign direct investment. Topics covered in the volumes include the theory and context of public policy; policy eras; attraction and policy competition; trade, linkages and cluster formation; an investigation of specific policy areas; and country and regional illustrations.Multinationals and Public Policy makes a valuable contribution to an understanding of the role of MNEs in economic development, particularly in host nations, to an appreciation of the part played by public policy in improving the economic contribution of foreign direct investment and also affords an appraisal of changing policy attitudes over time and between countries.Table of ContentsContents: Volume I Acknowledgements Introduction Stephen Young PART I THEORY AND CONTEXT 1. Richard G. Lipsey (1997), ‘Globalization and National Government Policies: An Economist’s View’ 2. Richard E. Caves (1996), ‘Public Policy’ 3. Jean J. Boddewyn and Thomas L. Brewer (1994), ‘International-Business Political Behavior: New Theoretical Directions’ 4. Stefanie Ann Lenway and Thomas P. Murtha (1994), ‘The State as Strategist in International Business Research’ 5. Terutomo Ozawa (1992), ‘Foreign Direct Investment and Economic Development’ PART II POLICY ERAS 6. Thomas L. Brewer and Stephen Young (1998), ‘Control: Codes and the Obligations of Multinational Enterprises (Late 1960s – Early 1980s)’ 7. A.E. Safarian (1993), ‘Effectiveness of Policies’ 8. David Conklin and Donald Lecraw (1997), ‘Restrictions on Foreign Ownership during 1984–1994: Developments and Alternative Policies’ 9. Michael Mortimore (2000), ‘Corporate Strategies for FDI in the Context of Latin America’s New Economic Model’ 10. Theodore H. Moran (1998), ‘Incorporating FDI into the Development Process: From Traditional Concerns to a New Agenda for Action’ PART III ATTRACTION AND POLICY COMPETITION A Marketing, Promotion and After-Care 11. Henry Loewendahl (2001), ‘A Framework for FDI Promotion’ 12. Stephen Young and Neil Hood (1994), ‘Designing Developmental After-Care Programmes for Foreign Direct Investors in the European Union’ B Incentives, Performance Requirements and Policy Competition 13. Stephen E. Guisinger (1985), ‘A Comparative Study of Country Policies’ 14. Charles P. Oman (2000), ‘The Phenomenon, the Debate’ and ‘Conclusions’ 15. Christopher T. Taylor (2000), ‘The Impact of Host Country Government Policy on US Multinational Investment Decisions’ 16. John Cantwell and Ram Mudambi (2000), ‘The Location of MNE R&D Activity: The Role of Investment Incentives’ 17. Garry Pursell (2001), ‘The Australian Experience with Local Content Programs in the Auto Industry: Some Lessons for India and Other Developing Countries’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I TRADE, LINKAGES AND CLUSTER FORMATION A Multinationals and Trade 1. Rudolf M. Buitelaar and Ramón Padilla Pérez (2000), ‘Maquila, Economic Reform and Corporate Strategies’ 2. Wei Ge (1999), ‘Special Economic Zones and the Opening of the Chinese Economy: Some Lessons for Economic Liberalization’ 3. Frank Barry and John Bradley (1997), ‘FDI and Trade: The Irish Host-Country Experience’ 4. Ray Barrell and Nigel Pain (1999), ‘Trade Restraints and Japanese Direct Investment Flows’ B Promoting Linkage Development 5. United Nations Conference on Trade and Development (2001), ‘Policies to Strengthen Linkages’ 6. Mike Crone (2002), ‘Local Sourcing by Multinational Enterprise Plants: Evidence from the UK Regions and the Implications for Policy’ C Multinationals and Cluster Strategies 7. Alan M. Rugman and Joseph R. D’Cruz (1993), ‘The “Double-Diamond” Model of International Competitiveness: The Canadian Experience’ 8. Anders Malmberg, Örjan Sölvell and Ivo Zander (1996), ‘Spatial Clustering, Local Accumulation of Knowledge and Firm Competitiveness’ 9. Stephen Young, Neil Hood and Ewen Peters (1994), ‘Multinational Enterprises and Regional Economic Development’ 10. Michael J. Enright (2000), ‘The Globalization of Competition and the Localization of Competitive Advantage: Policies towards Regional Clustering’ PART II DIMENSIONS OF POLICY A. Technology: Transfer, Creation and the Role of R&D 11. Ari Kokko and Magnus Blomström (1995), ‘Policies to Encourage Inflows of Technology Through Foreign Multinationals’ 12. Pedro Roffe and Taffere Tesfachew (2001), ‘The Unfinished Agenda’ 13. David C. Mowery and Joanne E. Oxley (1995), ‘Inward Technology Transfer and Competitiveness: The Role of National Innovation Systems’ 14. Nagesh Kumar (1996), ‘Intellectual Property Protection, Market Orientation and Location of Overseas R&D Activities by Multinational Enterprises’ 15. Sanjaya Lall (1992), ‘Technological Capabilities and Industrialization’ B Privatization Programmes 16. Kálmán Kalotay and Gábor Hunya (2000), ‘Privatization and FDI in Central and Eastern Europe’ 17. Ademola Ariyo and Afeikhena Jerome (1999), ‘Privatization in Africa: An Appraisal’ C Human Capital Development 18. Farhad Noorbakhsh, Alberto Paloni and Ali Youssef (2001), ‘Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence’ D Corporate Social Responsibility 19. Ans Kolk, Rob van Tulder and Carlijn Welters (1999), ‘International Codes of Conduct and Corporate Social Responsibility: Can Transnational Corporations Regulate Themselves?’ 20. Ruth Mayne (1999), ‘Regulating TNCs: The Role of Voluntary and Governmental Approaches’ PART III COUNTRY AND REGIONAL ILLUSTRATIONS 21. Edward M. Graham and Paul Krugman (1995), ‘Current US Policy’ 22. John Child and David K. Tse (2001), ‘China’s Transition and its Implications for International Business’ 23. Jacques Morisset (2000), ‘Foreign Direct Investment in Africa: Policies Also Matter’ 24. John H. Dunning and Peter Robson (1987), ‘Multinational Corporate Integration and Regional Economic Integration’ Name Index
£443.65
John Wiley and Sons Ltd Going Global: Enterprise 02.02
Book SynopsisFast track route to mastering globalization and successfully managing global expansion Covers the key areas of global operations and globalization, from understanding cultural differences and global consumers to being global but acting local and understanding the social implications of globalization Examples and lessons from some of the world's most successful businesses, including Amazon.com, Boeing, P&O and Sony and ideas from the smartest thinkers, including Anthony Giddens, Noreena Herz, Naomi Klein, David Korten, Richard Lewis, Michael Porter, Fons Trompenaars and George Yip. Includes a glossary of key concepts and a comprehensive resources guideTable of ContentsIntroduction to Express Exec v 02.02.01 Introduction to Going Global 1 02.02.02 Definition of Terms: What is Going Global? 5 02.02.03 Evolution of Going Global 13 02.02.04 Implications of the Internet for Going Global: What can the Internet Offer? 27 02.02.05 The Issue of Globalization 35 02.02.06 The State of the Art of Going Global 45 02.02.07 Going Global Success Stories 59 02.02.08 Key Concepts and Thinkers 79 02.02.09 Resources for Going Global 89 02.02.10 Ten Steps to Assist Going Global 99 Frequently Asked Questions (FAQs) 105 Index 109
£8.54
John Wiley and Sons Ltd Business Across Cultures
Book SynopsisBusiness Across Cultures is the keystone book in the Culture for Business series. It provides an overview of all subjects tackled in the other books of the series. Its particular aim is to provide executives with a cross-cultural perspective on how companies meet the diverse needs of customers, investors and employees; to introduce the main ideas in business in a multicultural context; and to show how they all fit together.Trade Review"... readable and informative." (People Management, April 2004) "... useful and informative ... a valuable asset for any business library." (Management Today, June 2004) "... very accessible, with some excellent scenarios...an excellent read, if not essential." (Personnel Today, 5th October 2004) "...a lively, engaging read... (written in a) light-hearted style...." (www.dialogin.com)Table of ContentsIntroduction. 1. The organization as a cultural construct. 2. The organization of meaning: introducing value dimensions. 3. Further value dimensions. 4. Corporate culture. 5. Managing change and continuity across cultures. 6. Marketing across cultures. 7. Managing HR dilemmas across cultures. 8. Finance and accounting across cultures. 9. The quest for a new paradigm of international leadership. 10. The reconciling organization. Notes and bibliography. Index.
£14.44
Edward Elgar Publishing Ltd Developments in Financial Reporting by
Book SynopsisThis volume is concerned with financial reporting issues resulting from the growth and spread of multinational corporations.The book consists of up-to-date readings from a broad range of international journals which look at, and evaluate, the financial accounting techniques adopted in different parts of the world for dealing with issues such as segment reporting, disclosure standards, financial reporting and stock markets. The final part deals with the reporting practices of individual companies over time.This insightful volume will be of value to researchers and practitioners alike.Table of ContentsContents: Acknowledgements Introduction Clare B. Roberts PART I SEGMENTAL REPORTING 1. Don Herrmann and Wayne B. Thomas (1997), ‘Reporting Disaggregated Information: A Critique Based on Concepts Statement No. 2’ 2. Timothy S. Doupnik and Larry P. Seese (2001), ‘Geographic Area Disclosures Under SFAS 131: Materiality and Fineness’ 3. Vivek Mande and Richard Ortman (2002), ‘The Effect of Japanese Business Segment Reporting on Analysts’ Forecasts: Implications for US Investors and the SEC’ 4. Nandu J. Nagarajan and Sri S. Sridhar (1996), ‘Corporate Responses to Segment Disclosure Requirements’ 5. Wayne B. Thomas (2000), ‘The Value-relevance of Geographic Segment Earnings Disclosures Under SFAS 14’ PART II FINANCIAL ACCOUNTING MEASUREMENT RULES 6. Catherine Craycraft, Stanley Sedo and David Gotlob (1998), ‘Foreign Operations and the Choice of Inventory Accounting Methods’ 7. Eli Bartov (1997), ‘Foreign Currency Exposure of Multinational Firms: Accounting Measures and Market Valuation’ 8. Gordon M. Bodnar and Joseph Weintrop (1997), ‘The Valuation of the Foreign Income of US Multinational Firms: A Growth Opportunities Perspective’ 9. Wayne B. Thomas (2000), ‘A Test of the Market’s Mispricing of Domestic and Foreign Earnings’ 10. David A. Ziebart and Jong-Hag Choi (1998), ‘The Difficulty of Achieving Economic Reality Through Foreign Currency Translation’ 11. Ajay Adhikari and Emmanuel N. Emenyonu (1997), ‘Accounting for Business Combinations and Foreign Currency Translation: An Empirical Comparison of Listed Companies from Developed Countries’ 12. Stephen R. Goldberg, Charles A. Tritschler and Joseph H. Godwin (1995), ‘Financial Reporting for Foreign Exchange Derivatives’ PART III FINANCIAL REPORTING AND STOCK MARKETS 13. Carol A. Frost and William R. Kinney, Jr (1996), ‘Disclosure Choices of Foreign Registrants in the United States’ 14. Hollis Ashbaugh (2001), ‘Non-US Firms’ Accounting Standard Choices’ 15. Donna L. Street and Stephanie M. Bryant (2000), ‘Disclosure Level and Compliance with IASs: A Comparison of Companies With and Without U.S. Listings and Filings’ 16. Donna L. Street, Sidney J. Gray and Stephanie M. Bryant (1999), ‘Acceptance and Observance of International Accounting Standards: An Empirical Study of Companies Claiming to Comply with IASs’ 17. Hollis Ashbaugh and Morton Pincus (2001), ‘Domestic Accounting Standards, International Accounting Standards, and the Predictability of Earnings’ 18. Kurt V. Auer (1996), ‘Capital Market Reactions to Earnings Announcements: Empirical Evidence on the Difference in the Information Content of IAS-based Earnings and EC-Directives-based Earnings’ 19. Juha Kinnunen, Jyrki Niskanen and Eero Kasanen (2000), ‘To Whom are IAS Earnings Informative? Domestic versus Foreign Shareholders’ Perspectives’ 20. Edwin R. Etter (1998), ‘The Information Content of U.S. Versus Japanese GAAP Annual and Quarterly Earnings Announcements and their Relative Informativeness to Japanese Investors: A Small Sample Case Study’ PART IV CASE STUDIES OF FINANCIAL REPORTING PRACTICES 21. David Bailey, George Harte and Roger Sugden (2000), ‘Corporate Disclosure and the Deregulation of International Investment’ 22. Craig Deegan, Michaela Rankin and John Tobin (2002), ‘An Examination of the Corporate Social and Environmental Disclosures of BHP from 1983–1997: A Test of Legitimacy Theory’ 23. Carol A. Frost and Grace Pownall (1996), ‘Interdependencies in the Global Markets for Capital and Information: The Case of Smithkline Beecham plc’ 24. Norvald Monsen and Wanda A. Wallace (1997), ‘Norsk Hydro’s Communication to International Capital Markets: A Blend of Accounting Principles’ 25. Mark Whittington (2000), ‘Problems in Comparing Financial Performance Across International Boundaries: A Case Study Approach’ Name Index
£256.00
Edward Elgar Publishing Ltd Multinational Corporations and Global Poverty
Book SynopsisFinding ways to alleviate global poverty poses a major challenge for political leaders and intellectuals worldwide. The contributors to this volume, top scholars of international business, examine the effects of globalization on the developing world and address ways in which multinational corporations (MNCs) can play a positive role in the fight against poverty.The essays illustrate how, by creating new business models, multinational enterprises are best equipped to relieve global poverty. By making investments among the poor - in pursuit of profit and shareholder wealth rather than as charity - the economic activity generated by investments would go a long way towards reducing poverty. The contributors show how following this strategy would lead to today's poor becoming part of the economy and emerging as visible customers for MNCs. They address the many facets of this plan in chapters on: MNCs and host environment and policies, strategies and their impact, governments and civil society, international business models, and global institutions and social responsibility. This unique solution to poverty reduction will be of great interest to scholars of international relations and business, international corporate managers and executives, government officials, and NGO executives dealing with global matters.Table of ContentsContents: Foreword Preface Part I: Introduction 1. The Role of MNCs in Alleviating Global Poverty Subhash C. Jain and Sushil Vachani Part II: The Host Environment and Policies 2. Multinational Enterprises in Less Developed Countries: Cultural and Economic Interactions Revisited Peter J. Buckley 3. Role of Multinational Corporations in Poverty Reduction Ben L. Kedia, Raj V. Mahto and Liliana Pérez Nordtveldt 4. FDI and Poverty Alleviation in Small Developing Countries Alvin G. Wint 5. Linking Poverty and Foreign Direct Investment in Developing Countries James O’Brien and Paul W. Beamish Part III: Multinational Strategy 6. Business Strategies for Profitable Sales to the Poor: How Free Enterprise Can Fight Poverty Raj Aggarwal 7. Multinational Enterprise Strategy for Developing Countries Alan M. Rugman 8. Marketing and Global Poverty Reduction John K. Ryans Jr. Part IV: Multinationals’ Impact 9. A ‘Customer-Centric’ View of Global Economic Development V. Kasturi Rangan and Arthur McCaffrey 10. Globalization, Multinational Enterprises and World Poverty Pervez N. Ghauri and Peter J. Buckley 11. The Determinants of Employment of Affiliates of US Multinational Enterprises in Africa Elizabeth Asiedu Part V: Multinationals, Governments and Civil Society 12. Multinational Sourcing, Sustainable Agriculture and Alleviation of Global Poverty Jonathan P. Doh 13. Achieving the Millennium Development Goals: Ways for MNCs to Effectively Interface with NGOs Hildy Teegen 14. Poverty and MNEs in Emerging Markets Robert Grosse Part VI: IB Models 15. Multinational Corporations through the Uneven Development Lens Doug Schuler, Stefanie Lenway and Lorraine Eden 16. Internationally Competitive Clusters in Developing Countries: India’s Information Technology Industry Ravi Ramamurti Part VII: Global Institutions and Social Responsibility 17. The Corporate Key: Using Big Business to Fight Global Poverty George C. Lodge 18. Upgrading the Quality of Global Capitalism: The Moral Dimension John H. Dunning 19. Multinationals’ Opportunity and Role in Alleviating Poverty Sanjeev Agarwal, Rajshri Agarwal and John Wang 20. Socially Responsible Pricing: Lessons from the Pricing of AIDS Drugs in Developing Countries Sushil Vachani and N. Craig Smith Index
£140.00
Edward Elgar Publishing Ltd Multinational Firms’ Location and the New
Book SynopsisThe choice of location for the production plants of multinational firms is an important issue, not least because this decision is accompanied by so many fears brought into public debate. This book analyses how foreign direct investors choose their locations, whilst exploring the forces which shape international economic geography. Although these two issues are, to some extent, inter-related, researchers have only recently acknowledged the similarity of economic geography and international business approaches to the empirical assessment of likely causes of the degree of spatial concentration observed in many modern industries. Giving insight into the direction that future research should take, this book contains state-of-the-art papers on both theoretical and empirical levels. This original collection makes a particularly important contribution to our understanding of the existence and impact of home market effects.Introducing a welcome synthesis between two related and yet rarely integrated areas of study using case studies of firms in Europe, US MNEs and the Mexican automobile industry, this book will be welcomed by both academic and practising economists. Regional scientists and economists, and those with a specific interest in international trade issues will also find the book enlightening.Trade Review'[This volume] brings together a collection of papers by researchers well versed in the "new" economic geography. The result is a book that combines the insights of both branches of economics and thereby enhances considerably our understanding of the location decisions of firms and determinants thereof . . . This is a fine volume with ten high-quality chapters. Bringing together researchers with backgrounds in new economic geography and multinational firms has proved to be a highly successful enterprise, and one is left to wish for more!' -- Holger Gorg, Journal of Regional ScienceTable of ContentsContents: Introduction Part I: Agglomeration and Multinational Firms’ Location Part II: Home Market Effects, Market Size and Location Strategies Index
£102.60
Edward Elgar Publishing Ltd International Institutions and Multinational
Book SynopsisThis book provides rigorous analysis of the wide range of questions surrounding the role of international institutions in governing global business, especially multinational enterprises (MNEs). The analysis, both theoretical and empirical, focuses on the corporate governance of MNEs and to what extent their management takes into account the negative effects of their activities. Also discussed are: how nation states and international institutions control the activities of MNEs, and how the role and strategies of international institutions can be changed to minimise any negative effects without hampering the positive aspects and effects of MNEs.Besides the general questions of corporate governance, the fundamental differences between shareholder and stakeholder concepts are also carefully examined. A number of moral aspects in corporate governance are touched upon including the effect of international entrepreneurial activities on wages, labour markets and environmental issues.International Institutions and Multinational Enterprises is a fascinating book that will appeal to scholars of international and development economics, international business management and institutional economics. NGOs and policymakers involved in international trade, monetary and development policy formulation and associated institutions will also find much to interest them.Table of ContentsContents: Preface 1. International Institutions and Corporate Governance 2. Global Capitalism: The Moral Challenge 3. Corporate Governance in Multinational Companies 4. The International Competition Network as an International Merger Control Institution 5. Do Multinational Enterprises Pay Less Taxes 6. Multinational Enterprises 7. Foreign Direct Investment and Wages 8. Coordination Failures and the Role of Foreign Direct Investment in Least Developed Countries 9. Market Entry Strategies of Multinational Firms in Local and Regional Markets and their Consequences for Regional Development 10. Institutional and Policy Variety, the Role of IFIs and Economic Development 11. International Institutions and Financial Market Stability Index
£95.00
Edward Elgar Publishing Ltd Governance, Multinationals and Growth
Book SynopsisIn Governance, Multinationals and Growth, leading scholars celebrate and build upon the pioneering work of Edward Safarian on multinational enterprises and foreign direct investment. The book explores the linkages among multinationals and foreign direct investment, corporate and public governance, and economic growth. The contributors pay particular attention to emerging policy issues that include the behavior of individual governments, intergovernmental organizations and civil society. In addition, they address linkages among MNEs, their governance and economic growth, and generic policy realities (and innovations) in a small-to-medium-sized economy. The comprehensive coverage includes discussion of: the impacts of foreign ownership on productivity and growth; family controlled pyramidal groups and economic nationalism; trade liberalization, product diversification and FDI patterns; mergers and acquisitions as a form of FDI; uncertain market access, risk aversion and state subsidies as locational determinants within a free trade area; changes in the international policy environment facing multinationals; environmental investor-state disputes; and international economic policy issues facing small economies with large neighbors.This authoritative volume will be of great interest to scholars and students of foreign direct investment and multinational enterprises, as well as to government economists and policymakers tackling these issues.Table of ContentsContents: Foreword by Peter J. Buckley Part I: Introduction 1. Introduction and Overview 2. How to Thrive in an International Economy Part II: Corporate Governance, Multinationals and Growth 3. Continental Integration and Foreign Ownership of Canadian Industry: A Retrospective Analysis 4. Who Owns Whom? Economic Nationalism and Family Controlled Pyramidal Groups in Canada 5. Assessing International Mergers and Acquisitions as a Mode of Foreign Direct Investment 6. Foreign Ownership and Total Factor Productivity Part III: Free Trade, Multinationals and Growth 7. Factor Price Differences and Multinational Activity 8. FDI in an FTA with Uncertain Market Access 9. How do Regional Trade Agreements Affect Intra-Regional and Inter-Regional FDI? 10. Responses to Trade Liberalization: Changes in Product Diversification in Foreign- and Domestic-Controlled Plants Part IV: Public Governance, Multinationals and Growth 11. FDI and the International Policy Environment: Back to the Future? Not Quite! 12. Economic Issues Raised by NAFTA Chapter 11 Investor-to-State Dispute Settlement Cases Having Environmental Implications 13. Location Incentives and Inter-state Competition for FDI: Bidding Wars in the Automotive Industry 14. Policy Roundtable: Life as Neighbor to an Economic Giant – Issues and Options Part V: Conclusions 15. Issues on Governance, Multinationals and Growth: Thoughts on Method, Policy and Research Suggested by the Festschrift Papers Index
£129.00
Edward Elgar Publishing Ltd Transformations in Global Governance:
Book SynopsisThe world of multinational enterprises is changing dramatically. Their complex and dynamic international context presents them with special challenges - threatening their survival on one hand, and presenting them with unprecedented opportunities on the other. In this volume, international experts analyze different aspects of the transformations in global governance: ideological variations, trade governance, competition policy and the rise of civil society. They discuss the implications for multinational-government relations, multinationals' self-governance, relations with NGOs and issues of competitiveness.The book focuses on two forces integral to the process of globalization. The first is the evolution of inter-governmental organizations, such as the World Trade Organization, and various agreements pertaining to trade, environment, labor, competition and investment. The other equally important factor is the rise of non-governmental organizations (NGOs), which have a significant impact on the strategies of multinational enterprises, governments and inter-governmental organizations. The contributors explore these forces in chapters detailing shifts in governance and their implications for multinationals, governments and society in general.This cohesive examination of an under-analyzed area will appeal to students and scholars of international business, and other researchers in management schools, think tanks, management consulting companies, government agencies, inter-governmental organizations, and NGOs.Trade Review'This book brings attention to the growing complexity of managing multinational firms in light of the rise to significant power of non-governmental organizations such as Amnesty International and the anti-WTO coalition. It also considers the renewed public doubts about MNE legitimacy as the free-market model comes under greater criticism, especially in emerging markets. The book adds very useful value in illuminating situations in which companies are facing increased impact of pressure groups as well as governments in their international business. The menu of papers really gives the reader some food for thought, and specifically for thinking about how more acceptable governance of MNEs can be pursued in the 21st century.' -- Robert Grosse, The Garvin School of International Management, US'In recent years a number of excellent books have been published on the failure of corporate governance. However, nothing compares with Sushil Vachani's Transformations in Global Governance, a gripping account of global corporate governance provided by recognized IB scholars.' -- Subhash C. Jain, University of Connecticut, US'An excellent book for scholars, business leaders, and policymakers that makes good on its title - Transformations in Global Governance. Sushil Vachani and the book's contributors identify how the governance structures of organizations are being transformed - not just shifted or adjusted. NGOs, the WTO, multilateral institutions, multinationals, host governments and many other stakeholders have new roles and rules that are redefining how one governs a successful and socially responsible global enterprise. A must read for those intending to lead their organization's change efforts in our global economy.' -- Stephen A. Stumpf, Villanova University, US and co-editor of Handbook on Responsible Leadership and Governance in Global BusinessTable of ContentsContents: Preface 1. Introduction Sushil Vachani 2. The Globalization of Competition Policy Robert T. Kudrle 3. Does the WTO Matter? Steven M. McGuire and Thomas C. Lawton 4. Multilateral Institutions and Market-Oriented Reform Carlos Rufin 5. Business Strategy in a Changing Nonmarket Environment John Ahlquist and Aseem Prakash 6. Governance and the Stakeholder Corporation James E. Post and Tanja D. Carroll 7. Multinationals in Global Governance David L. Levy and Peter Newell 8. Managing the Interdependence between Multinationals and Developing Countries Pervez N. Ghauri and Xuefei Cao 9. Globalization and the Development of Competing Standards for Corporate Conduct Petra Christmann and Glen Taylor 10. Global Governance, Social Responsibility and Corporate–NGO Collaboration Jonathan P. Doh 11. Legitimating Global Governance Jeffrey A. Hart 12. The Competitiveness of Local Manufacturing Firms of Small, Less-Developed Countries in an increasingly Liberalized Trading Environment Lou Anne A. Barclay 13. Home Country Governance Quality and the ‘Bonding’ Hypothesis Paul M. Vaaler and Burkhard N. Schrage Index
£116.00
Edward Elgar Publishing Ltd Analysis of Multinational Strategic Management:
Book SynopsisCharacterized by new analytical insights and methods in the field of international business, this collection of articles by Alan Rugman and Alain Verbeke celebrates their long and productive work together on issues facing top managers of multinational enterprises. Fueled by their belief in the need for better theory in multinational strategic management, the authors have explored a number of different facets in this increasingly important realm. They have organized the work into five sections: the foundations of a new theory of multinational strategic management, a radically new examination of multinational strategic management, national competitiveness, the relatively under-researched but increasingly important issue of environmental strategies of multinational enterprises, and the interactions between multinational strategic management and public policy. This outstanding collection, inspired by the occasion of Alan Rugman's 60th birthday, will be of great interest to scholars and practitioners of international business and management, as well as to economists and lawyers.Table of ContentsContents: Introduction Part I: The Theory of Multinational Strategic Management Part II: New Analysis of Multinational Strategic Management Part III: Location and Multinational Strategic Management Part IV: Environmental Regulations and Multinational Strategic Management Part V: Public Policy and Multinational Strategic Management Index
£145.35
Edward Elgar Publishing Ltd Reputation Risk and Globalisation: Exploring the
Book SynopsisRecently multinational corporations have begun to reinvent themselves as socially responsible actors, largely in response to anti-corporate activist pressure. The author argues that a concern with corporate reputation is leading to an ideational shift in corporate behavior - in essence, it is disciplining their behaviour. This innovative exploration of the idea of a self-regulating corporation in an era of globalisation first examines the link between corporate reputation, corporate behaviour and self-regulation, and goes on to compare and contrast various studies of multinational corporations that have sought to self-regulate.Terry O'Callaghan includes a multifaceted critique of anti-corporate activists, which acknowledges both the dangers multinational corporations pose to communities and the fact that anti-corporate activists are the first groups to understand that corporate reputations could be put at risk by targeted campaigns. He also illustrates his themes through three case studies of companies that have attempted to self-regulate, including Royal Dutch Shell, the Toyota Motor Corporation and Interface Inc.Undergraduate and postgraduate students of international business, management and business ethics will be interested in the essential topics covered in this book, and academics and practitioners alike will appreciate its accessible lessons about reputational capital and holding MNCs accountable.Trade Review'Self regulation has an important role, as this book highlights, at the meeting point of corporate success and accountability. Often a misnomer, as much of self regulation is in fact part of a contract between business and society, named ''civil regulation'' in other contexts, and an ingredient of future governance innovation.' -- Simon Zadek, Co-Director, UNEP Inquiry into the Design of a Sustainable Financial SystemTable of ContentsContents: Introduction 1. Towards corporate self-regulation 2. Disciplining MNCs: corporate reputation as a driver of ideational change 3. Exploring the idea of a self-regulating corporation 4. Royal Dutch Shell's PR-led approach to self-regulation 5. The rise and fall and rise of the Toyota way 6. Interface Inc: a model of a self-regulating corporation? 7. Conclusion: Beyond Sustainability and Long Live the Australian Night Parrot Bibliography Index
£93.10
Edward Elgar Publishing Ltd Managing the Embedded Multinational: A Business
Book SynopsisThis book expands the business network view on managerial issues in multinational corporations. Specifically, it scrutinises the importance of a subsidiary's external and internal business network for its strategic and organizational role within the corporation.The internationalisation of firms in terms of management issues and headquarters control, the influence of subsidiaries on decisions and learning processes within multinational corporations are examined in detail. It is argued that to understand these issues, it is necessary to analyse the context of the multinational corporation in terms of the subsidiaries' external and internal business networks. The authors also explore the extent to which subsidiaries are embedded in close relationships with other business partners and the ability of headquarters to retain control if their subsidiaries are given the opportunity to influence decisions concerning strategic investments. The theoretical elements of the book are underpinned by illustrative cases from an extensive database of 20 multinational corporations.Grounding its analyses and conclusions on unique and extensive data on specific business relationships at the subsidiary level in multinational corporations, this book will be invaluable to students, researchers and lecturers focusing on management and international business.Trade Review'This monograph is based on an extensive dataset and a very well documented case study. Such a wealth of empirical material provides an ideal ground to test theories and enables the authors to elaborate interesting conceptualisations of some specific aspects of the broader network approach, particularly concerning the internationalisation of business networks.' -- Anna Spadavecchia, Business History'Combined with recent advances in network analysis [the book] can be instrumental in advancing our understanding, which will not only be useful for research scholars, but also provide practical guidance for managers. . . It is full of ideas which seem like deceptively simple black stones that in the hands of a skillful artisan can be turned into dazzling diamonds.' -- Charles Dhanaraj, Journal of International Business Studies'The work by Forsgren et al. offers a major contribution in terms of the analytical power of network relationships. By shifting to an exchange based perspective, they challenge the classical view of organizational power and control, but also the sources of organizational capabilities. They argue that the distinct capabilities and resources of the organization are developed through relationships and connections.' -- Wilhelm Barner-Rasmussen, Rebecca Piekkari, Joanna Scott-Kennel and Catherine Welch, Academy of Management Perspectives'An interesting and insightful book. It questions a lot of traditional thinking about international firms and the way they operate. Throughout the book, the reader is invited to develop a different perspective. This perspective might be called a "relationships and networks" theory of the firm. While this may sound familiar, the book goes well beyond anything I have seen in the existing literature, in terms of conceptualizing "relationships" and "networks" and in using this perspective to guide and interpret case study and survey research results.' -- William G. Egelhoff, Fordham University, USTable of ContentsContents: Preface 1. The Multinational Corporation from a Business Network Angle Part I: The Business Firm in an International Context 2. The Business Firm in International Business Networks 3. Development of Business Relationships – The Case of Danke 4. Development of a Business Network – The Case of Danke 5. Internationalization of the Business Firm Part II: Introducing the Embedded Multinational 6. Three Dimensions of Internationalization 7. The Embedded Multinational 8. The Embedded Multinational – An Empirical Illustration Part III: Management of the Embedded Multinational 9. Control and Influence in the Embedded Multinational 10. Subsidiary Power in the Embedded Multinational 11. Transfer of Knowledge in the Embedded Multinational – The Role of Shared Values and Business Networks 12. Learning in the Embedded Multinational 13. The Embedded Multinational – An Epilogue Appendix I: Research Methods Appendix II: Publications of the MIN Program Appendix III: Corporate and External Embeddedness at the Subsidiary Level Bibliography Index
£96.00
Edward Elgar Publishing Ltd Multinational Enterprises and Industrial
Book SynopsisMNEs have been involved in Thai manufacturing since the early 1960s but despite this significant involvement their role in the industrialization process remains a controversial issue. This book has three main foci: to evaluate the impact of MNE involvement in Thai manufacturing to gain insight into the principal mechanisms by which MNEs contribute to the industrialization process and obstacles that prevent them from functioning more effectively to recommend policies for maximising the benefits from MNE involvement. The key hypothesis proposed by the author is that gains from MNE involvement are conditioned by the policy environment of the host country. The scope of MNE involvement studies uniquely covers not only FDI but also non-FDI. The study also draws together valuable conclusions and outlines policy lessons for other developing countries.Multinational Enterprises and Industrial Transformation will appeal to post-graduate and advanced undergraduate students in subject areas of international economics, industrial organization, economic growth, development economics and Asian economic development. Professional economists, policy makers and researchers working on industrial organization, international capital mobility and economic growth issues in developing countries will also find much to engage them within the book.Table of ContentsContents: 1. Purpose and Scope 2. Analytical Framework 3. Thai Manufacturing: The General Investment Climate and Incentive Structure 4. Industrialization in Thailand and Multinational Enterprise Involvement 5. The FDI–Growth Nexus in the Thai Manufacturing Sector 6. FDI and the Technological Benefit to Thai Manufacturing: The Cross-Industry Analysis 7. An Industry Study of the Thai Processed Food and Automotive Industries 8. Firm-Level Case Studies: The Processed Food and Automotive Industries 9. Conclusions and Policy Inferences Bibliography Index
£110.00
Edward Elgar Publishing Ltd Multinational Enterprises and the Global Economy,
Book SynopsisThis thoroughly updated and revised edition of a widely acclaimed, classic text will be required reading for academics, policymakers and advanced students of international business worldwide. Employing a distinctive and unified framework, this book draws together research across a range of academic fields to offer a synthesis of the determinants of MNE activity, and its effects on the economic and social well-being of developed and developing countries. Unique to the new edition is its focus on the institutional underpinnings of the resources and capabilities of MNEs, and the role of MNE activity in transmitting and facilitating institutional change. Since the initial publication of this book more than a decade ago, the economic, managerial and social implications of globalisation and technological advancement have become even more varied and prominent. Accompanying these developments, there has been a rise in scholarly interest in interdisciplinary research addressing the important challenges of an ever-changing physical and human environment. Drawing on articles and books from international business and economics, as well as economic geography, political economy and strategic management, a systematic overview of the developments in scholarly thinking is presented, while also highlighting the emerging topical issues and methodologies.Trade Review'For many years to come this volume. . .is surely going to be the ultimate reference work on international business. . . thanks to Dunning and Lundan, have at their disposal, a wealth of relevant data, as well as theoretical and empirical analyses, which will enable them to assess the capabilities, contributions and challenges posed by the multinational enterprises to the global economy.' -- Seev Hirsch, International Business Review'Multinational Enterprises and the Global Economy has become a classic in international business. . . Yet , the book's second edition is even better than the first, in part because of Professor Dunning's wise decision to choose Dr Lundan as his co-author and to draw upon her deep knowledge of various strands of research on business-government relations and the societal effects of firm behaviour. . . In addition to being a remarkably useful reference book, Multinational Enterprises and the Global Economy is the first book any IB doctoral student should read to understand the significance and richness of IB scholarship as it has developed over the past 50 years.' -- Alain Verbeke, Journal of International Business Studies'The second edition of Multinational Enterprises and the Global Economy provides unparalleled coverage not only of the literature relevant to IB research but also of the evolution of IB in the world economy. Dunning and Lundan offer powerful insights into the societal effects of MNEs and the role of business-government relations in the IB context. -- Journal of International Business Studies'This wonderful book offers the definitive synthesis of the modern literature on the economic aspects of international business. It is encyclopedic yet full of incisive insights. It is a creative masterpiece which unbundles the DNA of the multinational enterprise and shows how it is the cornerstone of the field of international business.' -- Alan M. Rugman, University of Reading, UKTable of ContentsContents: Introduction to the Second Edition PART I: FACTS, THEORY AND HISTORY 1. Definitions and Sources of Data 2. The Extent and Pattern of Foreign Direct Investment 3. The Motives for Foreign Production 4. Theories of Foreign Direct Investment 5. The Determinants of MNE Activity: The OLI Paradigm Revisited 6. The Emergence and Maturing of International Production: An Historical Excursion PART II: INSIDE THE MULTINATIONAL ENTERPRISE 7. Entry and Expansion Strategies of MNEs 8. The Organisation of MNE Activity: The Internal Network 9. The Organisation of MNE Activity: The External Network PART III: THE IMPACT OF MNE ACTIVITY 10. FDI, Growth and Development 11. Technology and Innovatory Capacity: The Role of Firms 12. Technology and Innovatory Capacity: The Role of Government 13. Employment and Human Resource Development 14. The Balance of Payments and the Structure of Trade 15. Market Structure, Performance and Business Practices 16. Linkages, Spillovers and Clustering 17. Distribution of the Value Added Created by MNEs 18. Political, Cultural and Social Responsibility Issues PART IV: IMPLICATIONS FOR POLICY 19. Governments and MNE Activity: The Unilateral Response 20. Governments and MNE Activity: The Multilateral Response PART V: LOOKING AHEAD 21. The Future of MNEs in a Global Economy References Index
£52.20
Edward Elgar Publishing Ltd Industrial Innovation and Firm Performance: The
Book SynopsisIt has long been recognized that R&D plays a key role in the global battle for technological leadership. However, due to intense competition and rivals' imitations, firms are not always able to reap rewards from their innovations. Mario Kafouros theoretically and empirically examines the impacts of innovation and scientific knowledge on the productivity performance of multinational corporations, and the conditions under which companies benefit from their technological discoveries. The book also investigates the extent to which the research efforts of other companies can contribute to a firm's productivity, and how multinationals build on external inventions, ideas and knowledge.The results confirm that not all firms can benefit from innovation, and indicate that whilst some companies can turn technological advances into a powerful competitive weapon, innovation for others is merely a defense mechanism. To provide a clearer understanding of the relationship between innovation and firm productivity performance, the book also investigates a number of additional issues including the costs of R&D, the association between the Internet and R&D efficiency, and the role of competition, internationalization, firm size and technological opportunities.This book will appeal to academics and researchers in the fields of international business, innovation and R&D, productivity and firm performance, the economics of technological change, and knowledge management. As the author examines the conditions under which firms benefit from innovation, managers, R&D directors, economists and government agents may also use the research findings in order to develop strategies and policies to maximize the impacts of innovation.Table of ContentsContents: 1. Introduction Part I: The Value of Innovation 2. The Process and Types of R&D and the Role of Scientific Knowledge 3. Innovation: A Competitive Weapon or a Defense Mechanism? 4. Evaluating the Economic Payoff of Industrial Research: A Review of Past Findings Part II: Conceptual and Methodological Issues 5. The Cost of Industrial Research and Development 6. Modeling the Effects of Research and Development 7. The Data: Measuring Innovation and Other Firm Inputs and Outputs Part III: Empirical Findings 8. The Impact of Scientific Knowledge on the Performance of Multinational Corporations 9. The Effects of Innovation Over Time 10. The Role of Knowledge Spillovers 11. The Role of the Internet in Explaining Innovation Performance 12. Conclusion References Index
£94.05
Edward Elgar Publishing Ltd Multinational Enterprises and Emerging Challenges
Book SynopsisA cast of prestigious international business scholars explores here the emerging challenges and issues facing multinational enterprises. The book integrates the latest theories, thoughts and empirical evidence along with several case studies in international business in the 21st century. It is understood that countries view international business in different ways. The contributors reflect this by offering a wide variety of viewpoints and covering an array of issues, such as foreign direct investment, internationalization, trust and leadership, global education and knowledge transfer. Adding to its value are case studies ranging from American restaurant franchises on the world stage to the influence of the internet on Taiwanese SMEs. The book will be useful to scholars as a research resource, to practitioners as a modern guide and to students of international business as a comprehensive text.Trade Review'. . . a fascinating and valuable collection of frameworks, insights and background information relating to the globalisation of business, and particularly that which is affected by the increasing influence from Asia. It is intellectually compelling as well as useful to practitioners.' -- Stephen Mayson, Journal of Business LawTable of ContentsContents: 1. Introduction John H. Dunning and Tsai-Mei Lin 2. Three Important Trends in Recent Global Economic Development Jen-Hu Chang PART I: FDI AND MNES: SOME RECENT DEVELOPMENTS 3. FDI, Globalization and Development John H. Dunning 4. Foreign Direct Investment and Investor Strategies in China Phillip D. Grub and Jiawen Yang 5. An Econometric Investigation of Chinese Outward Direct Investment Adam Cross, Peter Buckley, Jeremy Clegg, Hinrich Voss, Mark Rhodes, Ping Zheng and Xin Lui 6. From the Internationalization of R&D to a Global R&D Network Hiroo Takahashi PART II: NEW DIRECTIONS OF THINKING IN IB RESEARCH 7. International Business Studies: Episoidic or Evolutionary? Daniel P. Sullivan and John D. Daniels 8. Ignorant Internationalization? The Uppsala Model and Internationalization Patterns for Internet-related Firms Mats Forsgren and Peter Hagström 9. The Value Creation Perspective of International Strategic Management Reid W. Click 10. Embedding the Multinational: Bridging Internal and External Networks in Transitional Institutional Contexts Ray Loveridge 11. Managerial Trust and Leadership in Global Management: Propensities to Trust, the Influence of National Culture on Trust and Conditional Trust – A Cross-Cultural Study James J. Cavazzini and Min H. Lu 12. Cultural Genes, the Trust Model and the Specialization and Internationalization of the Management of Chinese Family Enterprises Donglin Song and Zheng Li 13. The Subsidiary Role of Multinational Enterprises and Procedural Justice Tai-Ning Yang and Chuan-Ling Kang 14. The History and Prospects of International Business Education in Japan and in the Asian Region Noritake Kobayashi 15. Globalization and Higher Education: Some Strategies Adopted by Waseda University Ken’ichi Enatsu 16. Developing Singapore as a Global Education Hub: Opportunities and Challenges Ah-Keng Kau 17. The Global Impact of American Restaurant Franchises: An International Perspective Mahmood A. Khan and Maryam Khan 18. Sustainable Tourism, Industrial Development and Multinational Corporations: A Case of Productivity Spillovers in Malaysia Wong Kong Yew and Tom Baum 19. Managerial Philosophies, Peace Culture and the Performance of Multinational Enterprises’ Cross-Cultural Management Tsai-Mei Lin and Gun-Ming Chuang PART III: SOME TAIWANESE CASE STUDIES 20. An Empirical Examination of the Association between Manufacturing Decisions and Performance Evaluation: Evidence from Taiwanese Listed Electronic Firms Fujiing Shiue and Yi-Yin Yen 21. Domestic Inter-Firm Networks and Corporate Internationalization: A Cross-Industry Study of Taiwanese SMEs Ku-Ho Lin, Isabella M. Chaney, Thomas C. Lawton and Meng-Chun Liu 22. The Influence of the Internet on the Internationalization of SMEs in Taiwan Yi-Long Jaw and Chun-Liang Chen 23. Knowledge Transfer and Entry Strategies of Taiwan Transnationals Yung-Kuei Liang Index
£142.00
Edward Elgar Publishing Ltd Knowledge, Organizational Evolution, and Market
Book SynopsisWhere do new multinationals come from? How do firms in developing economies become global players? Gita Sud de Surie provides new perspectives on internationalization and the multinational corporation by focusing on firms in emerging markets rather than established multinationals in industrialized economies. She shows that firms in developing countries are not passive recipients of technology; rather, the attempt to absorb new technologies builds capabilities and generates new aspirations propelling them from being adopters of technology to innovators and participants in the global knowledge economy.Knowledge, Organizational Evolution, and Market Creation documents the emergence of the Indian multinational by looking at data from firms in the 'old' economy, such as those in manufacturing, steel-making, automotive components and heavy machinery and the 'new economy' such as software and biotechnology. The author provides insights on knowledge transfer, innovation and capability building processes through in-depth case studies in these industries and suggests that both entrepreneurship and distributed innovation are critical for the growth of firms globally. This book will be valuable for scholars in international management, business policy and strategy, organization and management theory, economic sociology and history and technology and innovation management. Analysts, consultants and executives will find many useful insights in this book as well.Trade Review'[Knowledge, Organizational Evolution, and Market Creation] presents an integrative framework for understanding organizational change in emerging economies. . . the book distills a tremendous amount of research relevant for understanding the culture of business in India. . . This book is important for its contribution to the literature on the rise of Indian business and economy. It has a wide reaching theoretical scope and makes significant linkages with cognitive, behavioral and cultural theories. . . Ms. Surie's research on Indian firms thus presents a rare glimpse into the organizational and economic forces that are globalizing Indian industry from steel to software.' -- Dinesh Sharma, Far Eastern Economic Review'An astute study that especially focuses on the invaluable qualities of entrepreneurship and distributive innovation. . . . Exhaustively researched, and featuring appendices packed with additional tables and statistics of hard data, Knowledge, Organizational Evolution, and Market Creation is especially recommended for college library business and economic studies shelves.' -- - Midwest Book Review - The Economics Shelf'India has become a global economic powerhouse and Sud de Surie offers in this book the first systematic analysis of the global spread of Indian businesses. She skillfully maps the foreign expansion of Indian firms in five different industries, from steel, automotive components and machinery to software and biotechnology, showing that economic, political and cultural factors need to be present in order for companies to internationalize successfully. This book sets a new standard for research on international business. It is essential reading for those interested in the increasing role of emerging companies in global competition.' -- Mauro F. Guillen, University of Pennsylvania, USTable of ContentsContents: Preface Foreword by Bruce Kogut 1. Introduction 2. Stages of Globalization: From Knowledge Transfer to Industrialized Innovation 3. Methods 4. Knowledge Transfer via Apprenticeship in Indian Manufacturing Firms: Stages I and II 5. Accelerating Innovation in Manufacturing – Architecting Complexity: Stage III 6. Industrializing Knowledge Production via Born Global Firms: Biotechnology and Software 7. From Paupers to Princes: The Emergence of the Indian Multinational Corporation Appendix A. A Note on the Indian Steel, Construction Equipment, and Auto-Component Industries Appendix B. Indian Software Industry: Historical Background Appendix C. Evolution of Biotechnology in India References Index
£95.00
Edward Elgar Publishing Ltd Multinational Enterprises and Host Economies
Book SynopsisMultinational enterprises (MNEs) invest in a variety of host economies, and closely interact with local businesses and society at large. This role has become the focus of policy debates of all sorts, as MNEs are seen as a primary conduit of globalization, thus spreading both its benefits and its negative side effects.This selection offers an interdisciplinary perspective on MNEs and host economies. Theoretical models are provided by economics research, yet some of the more subtle and complex forms of impact are hard to analyse using economics methodologies. A range of other disciplines such as management, sociology and ethics thus contribute to the discussion of these wider issues. The articles in this collection cover theoretical and empirical studies on the horizontal and vertical impact on local firms, to issues of labour standards and the natural environment, and normative issues.Trade Review‘A well designed and first rate collection of some of the most influential papers on the interaction between MNEs and the host countries in which they operate. In these two volumes, Professor Meyer has cleverly orchestrated most of the economic and social issues of interest and concern to scholars, business practitioners, governments, and civil society. These essays deserve the most serious attention by all those interested in the ever increasing role of MNEs and their subsidiaries in the global economy.’ -- The late John Dunning CBE, formerly of the University of Reading, UK and Rutgers, The State University of New Jersey, USTable of ContentsContents: Volume I Acknowledgements Introduction Klaus E. Meyer PART I OUTLINING THE ISSUES 1. Magnus Blomström and Ari Kokko (1998), ‘Multinational Corporations and Spillovers’ 2. Holger Görg and David Greenaway (2004), ‘Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?’ 3. Klaus E. Meyer (2004), ‘Perspectives on Multinational Enterprises in Emerging Economies’ 4. John H. Dunning (2006), ‘Towards a New Paradigm of Development: Implications for the Determinants of International Business’ PART II THEORETICAL MODELS 5. Albert O. Hirschman (1958), ‘Interdependence and Industrialization’ 6. Ronald Findlay (1978), ‘Relative Backwardness, Direct Foreign Investment and the Transfer of Technology: A Simple Dynamic Model’ 7. Kiyoshi Kojima and Terutomo Ozawa (1984), ‘Micro- and Macro-economic Models of Direct Foreign Investment: Towards a Synthesis’ 8. Peter J. Buckley (1985), ‘The Economic Analysis of the Multinational Enterprise: Reading versus Japan?’ 9. Jian-Ye Wang and Magnus Blomström (1992), ‘Foreign Investment and Technology Transfer: A Simple Model’ 10. Andrés Rodríguez-Clare (1996), ‘Multinationals, Linkages, and Economic Development’ 11. Tommaso Perez (1997), ‘Multinational Enterprises and Technological Spillovers: An Evolutionary Model’ 12. James R. Markusen and Anthony J. Venables (1999), ‘Foreign Direct Investment as a Catalyst for Industrial Development’ 13. Paola Criscuolo and Rajneesh Narula (2008), ‘A Novel Approach to National Technological Accumulation and Absorptive Capacity: Aggregating Cohen and Levinthal’ PART III MACROECONOMIC EVIDENCE 14. V.N. Balasubramanyam, M. Salisu and David Sapsford (1996), ‘Foreign Direct Investment and Growth in EP and IS Countries’ 15. E. Borensztein, J. De Gregorio and J.-W. Lee (1998), ‘How does Foreign Direct Investment Affect Economic Growth?’ 16. Xiaoying Li and Xiaming Liu (2005), ‘Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship’ 17. Lai Mingyong, Peng Shuijun and Bao Qun (2006), ‘Technology Spillovers, Absorptive Capacity and Economic Growth’ PART IV PRODUCTIVITY SPILLOVERS: HORIZONTAL 18. Richard E. Caves (1974), ‘Multinational Firms, Competition, and Productivity in Host-country Markets’ 19. Magnus Blomström and Håkan Persson (1983), ‘Foreign Investment and Spillover Efficiency in an Underdeveloped Economy: Evidence from the Mexican Manufacturing Industry’ 20. Mona Haddad and Ann Harrison (1993), ‘Are There Positive Spillovers from Direct Foreign Investment? Evidence from Panel Data for Morocco’ 21. Brian J. Aitken and Ann E. Harrison (1999), ‘Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela’ 22. Xiaming Liu, Pamela Siler, Chengqi Wang and Yingqi Wei (2000), ‘Productivity Spillovers From Foreign Direct Investment: Evidence From UK Industry Level Panel Data’ 23. Holger Görg and Eric Strobl (2001), ‘Multinational Companies and Productivity Spillovers: A Meta-Analysis’ 24. Evis Sinani and Klaus E. Meyer (2004), ‘Spillovers of Technology Transfer from FDI: The Case of Estonia’ 25. Chengqi Wang and Li Yu (2007), ‘Do Spillover Benefits Grow with Rising Foreign Direct Investment? An Empirical Examination of the Case of China’ 26. Nigel Driffield and James H. Love (2007), ‘Linking FDI Motivation and Host Economy Productivity Effects: Conceptual and Empirical Analysis’ PART V PRODUCTIVITY SPILLOVERS: VERTICAL 27. Sanjaya Lall (1980), ‘Vertical Inter-Firm Linkages in LDCs: An Empirical Study’ 28. René Belderbos, Giovanni Capannelli and Kyoji Fukao (2001), ‘Backward Vertical Linkages of Foreign Manufacturing Affiliates: Evidence from Japanese Multinationals’ 29. Edmund R. Thompson (2002), ‘Clustering of Foreign Direct Investment and Enhanced Technology Transfer: Evidence from Hong Kong Garment Firms in China’ 30. Nigel Driffield, Max Munday and Annette Roberts (2002), ‘Foreign Direct Investment, Transactions Linkages, and the Performance of the Domestic Sector’ 31. Beata Smarzynska Javorcik (2004), ‘Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I LOCAL FIRMS: BEYOND PRODUCTIVITY SPILLOVERS 1. Irving Gershenberg (1987), ‘The Training and Spread of Managerial Know-How, a Comparative Analysis of Multinational and Other Firms in Kenya’ 2. Brian Aitken, Gordon H. Hanson and Ann E. Harrison (1997), ‘Spillovers, Foreign Investment, and Export Behavior’ 3. Murali Patibandla and Bent Petersen (2002), ‘Role of Transnational Corporations in the Evolution of a High-Tech Industry: The Case of India’s Software Industry’ 4. Holger Görg and Eric Strobl (2002), ‘Multinational Companies and Indigenous Development: An Empirical Analysis’ 5. David Greenaway, Nuno Sousa and Katharine Wakelin (2004), ‘Do Domestic Firms Learn to Export from Multinationals?’ PART II WAGES AND LABOUR STANDARDS 6. Brian Aitken, Ann Harrison and Robert E. Lipsey (1996), ‘Wages and Foreign Ownership: A Comparative Study of Mexico, Venezuela, and the United States’ 7. Eddy Lee (1997), ‘Globalization and Labour Standards: A Review of Issues’ 8. Debora Spar and David Yoffie (1999), ‘Multinational Enterprises and the Prospects for Justice’ 9. Stephen J. Frenkel and Duncan Scott (2002), ‘Compliance, Collaboration, and Codes of Labor Practice: The Adidas Connection’ 10. Nigel Driffield and Sourafel Girma (2003), ‘Regional Foreign Direct Investment and Wage Spillovers: Plant Level Evidence from the UK Electronics Industry’ PART III IMPACT IN THE NATURAL ENVIRONMENT 11. Thomas N. Gladwin and Ingo Walter (1976), ‘Multinational Enterprise, Social Responsiveness, and Pollution Control’ 12. Nick Mabey and Richard McNally (1998), ‘Foreign Direct Investment and the Environment: From Pollution Havens to Sustainable Development’ 13. Alan M. Rugman and Alain Verbeke (1998), ‘Corporate Strategy and International Environmental Policy’ 14. Lyuba Zarsky (1999), ‘Havens, Halos and Spaghetti: Untangling the Evidence about Foreign Direct Investment and the Environment’ 15. Petra Christman (2004), ‘Multinational Companies and the Natural Environment: Determinants of Global Environmental Policy Standardization’ 16. Beata Smarzynska Javorcik and Shang-Jin Wei (2004), ‘Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?’ 17. Jie He (2006), ‘Pollution Haven Hypothesis and Environmental Impacts of Foreign Direct Investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese Provinces’ PART IV NORMATIVE ISSUES 18. Milton Friedman (1970), ‘The Social Responsibility of Business is to Increase its Profits’ 19. Andreas Georg Scherer and Marc Smid (2000), ‘The Downward Spiral and the US Model Business Principles – Why MNEs Should Take Responsibility for the Improvement of World-Wide Social and Environmental Conditions’ 20. Laura P. Hartman, Bill Shaw and Rodney Stevenson (2003), ‘Exploring the Ethics and Economics of Global Labor Standards: A Challenge to Integrated Social Contract Theory’ 21. Marc Orlitzky, Frank L. Schmidt and Sara L. Rynes (2003), ‘Corporate Social and Financial Performance: A Meta-Analysis’ 22. Denis G. Arnold (2003), ‘Philosophical Foundations: Moral Reasoning, Human Rights, and Global Labor Practices’ 23. Farzad Rafi Khan (2004), ‘Hard Times Recalled: The Child Labour Controversy in Pakistan’s Soccer Ball Industry’ 24. Jedrzej George Frynas (2005), ‘The False Developmental Promise of Corporate Social Responsibility: Evidence from Multinational Oil Companies’ 25. Chuck C.Y. Kwok and Solomon Tadesse (2006), ‘The MNC as an Agent of Change for Host-Country Institutions: FDI and Corruption’ Name Index
£522.50
Edward Elgar Publishing Ltd The Rise of Transnational Corporations from
Book SynopsisThis comprehensive analysis deals with the range of issues raised by the rise of transnational corporations from emerging markets. This insightful book shows that foreign direct investment (FDI) from emerging markets has grown from negligible amounts in the early 1980s to $210 billion in 2007, with the stock of investment now being well over $1 trillion. This reflects the rise of firms from these economies to become important players in the world FDI market. The contributors to this book comprehensively analyze the rise of emerging market TNCs, the salient features of the transnational activities of these firms, the relationship of outward FDI and the competitiveness of the firms involved, their impact on host and home countries and implications for the international law and policy system.The subject of this study is both topical and important and poses a number of challenges that will require considerable policy attention in the future. It will appeal to academics interested in FDI as well as emerging markets. Karl P. Sauvant has gathered together a group of leading academics that makes this an informative and valuable read for anyone interested in the subject, including academics, students at all levels and private sector entities, as well as government officials dealing with outward FDI.Trade Review'Having undertaken billions of FDI in many continents and nations, between Argentina and the PRC, I consider Dr Sauvant's book an eye-opener, a new page, showing us a new super highway. The OFDI volume of emerging markets today, surpassing the entire FDI volume of not even 20 years back, is a signal of success of the free market economy. It signals also the end of privileges for the Europeans. It reflects entrepreneurship at its best on the part of the fast developing nations of Asia. It shows that free access to know how and capital has permitted Asia to catch up at an unprecedented speed. Contrary to often repeated but wrong opinions, the poor of the world have benefited the most by globalization. A market place of unimaginable potential is under construction in the first half of the 21st century, accelerated by FDI. This book should find many readers, particularly among the political leaders of today and tomorrow.' -- Carl H. Hahn, Chairman Emeritus of Volkswagen AGTable of ContentsContents: Foreword Supachai Panitchpakdi Preface Emerson de Almeida, David M. Schizer and Yiping Zhou PART I: OVERVIEW 1. The Rise of TNCs from Emerging Markets: The Issues Karl P. Sauvant 2. The Rise of TNCs from Emerging Markets: The Global Context Jeffrey D. Sachs PART II: EXPLORING THE GROWTH AND PATTERN OF OUTWARD FDI FROM DEVELOPING COUNTRIES 3. The Rise of TNCs from Emerging Markets: Challenges Faced by Firms from India Ravi Kant 4. The Transnationalization of Supply Chain Management: The Experience of Brazilian Industrial Companies Paulo T.V. Resende and Alvaro Bruno Cyrino 5. Do Firms from Emerging Markets have to Invest Abroad? Outward FDI and the Competitiveness of Firms John Cantwell and Helena Barnard 6. How Global are TNCs from Emerging Markets? Alan Rugman 7. Explaining China’s Outward FDI: An Institutional Perspective Peter J. Buckley, Jeremy L. Clegg, Adam R. Cross, Hinrich Voss, Mark Rhodes and Ping Zheng 8. Old Wine in New Bottles: A Comparison of Emerging-Market TNCs Today and Developed-Country TNCs Thirty Years Ago John H. Dunning, Changsu Kim and Donghyun Park PART III: WHAT’S IN IT FOR HOST COUNTRIES? 9. Who’s Afraid of Emerging-Market TNCs? Or: Are Developing Countries Missing Something in the Globalization Debate? Andrea Goldstein 10. Corporate Governance of Emerging-Market TNCs: Why Does it Matter? Rainer Geiger 11. Are Emerging-Market TNCs Sensitive to Corporate Responsibility Issues? Carrie Hall PART IV: WHAT’S IN IT FOR HOME COUNTRIES AND THE INTERNATIONAL COMMUNITY? 12. Outward FDI and the Economic Performance of Emerging Markets Steven Globerman and Daniel M. Shapiro 13. What Policies Should Developing Country Governments Adopt Toward Outward FDI? Lessons from the Experience of Developed Countries Theodore H. Moran 14. Will Emerging Markets Change their Attitude Toward an International Investment Regime? Edward M. Graham 15. The Need for an Adequate International Framework for FDI Joseph E. Stiglitz PART V: CONCLUSION 16. The Rise of TNCs from Emerging Markets: Threat or Opportunity? Lorraine Eden 17. Outward Foreign Direct Investment from Emerging Markets: Annotated Bibliography Zenaida Hernández Index
£130.15
Edward Elgar Publishing Ltd Multinationals and Emerging Economies: The Quest
Book SynopsisThe global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. The book provides novel and profound analyses of how MNCs and emerging economies are related, and how this relationship affects the dynamics of the global economy. In particular, the authors deal with the nexus between multinationals, emerging economies and innovation from a variety of different perspectives. Innovation is regarded as a core driving force in the global economy but the authors show how it can impede as well as encourage sustainability. Multinationals and Emerging Economies brings together insights from business studies and economics, and combines concise theoretical discussion with empirical analyses of unique data. Researchers and graduate students in the fields of international business, international economics, international relations, innovation studies and strategy will find much of interest to them throughout the book. It will also be an invaluable tool for policy-makers in economics and commerce.Table of ContentsContents: Preface Introduction Ionara Costa, Wilfred Dolfsma and Geert Duysters 1. Multinationals are Multicultural Units: Some Indications from a Cross-cultural Study Nantawan Noi Kwanjai and J. Friso den Hertog 2. The Innovativeness of Foreign Firms in China Branka Urem, Ludovico Alcorta and Tongliang An 3. New Europe’s Promise for Life Sciences Sergey Filippov and Kálmán Kalotay 4. Facing the Trial of Internationalizing Clinical Research to Developing Countries: Evidence from Mexico Fernando Santiago-Rodríguez Intermezzo I: Do Multinationals Matter for Emerging Markets, or Vice Versa? Rajneesh Narula 5. Strategic Motivations for International Alliances: The Chinese Perspective Tina Saebi and Qinqin Dong 6. Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR Naubahar Sharif and Can Huang 7. The ‘Making of’ National Giants: The International Expansion of Oil Companies from Brazil and China Flavia Carvalho and Andrea Goldstein 8. Beyond the Emission Market: Kyoto and the Internationalization of Firms from the Waste Industry Asel Doranova, Geert-Jan Eenhoorn and Ionara Costa Intermezzo II: Emerging Knowledge Economies Jojo Jacob and Luc Soete 9. Changing Configuration of Alternative Energy Systems Radhika Perrot 10. Serving Low-Income Markets: Rethinking Multinational Corporations’ Strategies Shuan SadreGhazi and Geert Duysters Index
£90.00
Edward Elgar Publishing Ltd The Rise of Transnational Corporations from
Book SynopsisThis comprehensive analysis deals with the range of issues raised by the rise of transnational corporations from emerging markets. This insightful book shows that foreign direct investment (FDI) from emerging markets has grown from negligible amounts in the early 1980s to $210 billion in 2007, with the stock of investment now being well over $1 trillion. This reflects the rise of firms from these economies to become important players in the world FDI market. The contributors to this book comprehensively analyze the rise of emerging market TNCs, the salient features of the transnational activities of these firms, the relationship of outward FDI and the competitiveness of the firms involved, their impact on host and home countries and implications for the international law and policy system.The subject of this study is both topical and important and poses a number of challenges that will require considerable policy attention in the future. It will appeal to academics interested in FDI as well as emerging markets. Karl P. Sauvant has gathered together a group of leading academics that makes this an informative and valuable read for anyone interested in the subject, including academics, students at all levels and private sector entities, as well as government officials dealing with outward FDI.Trade Review'Having undertaken billions of FDI in many continents and nations, between Argentina and the PRC, I consider Dr Sauvant's book an eye-opener, a new page, showing us a new super highway. The OFDI volume of emerging markets today, surpassing the entire FDI volume of not even 20 years back, is a signal of success of the free market economy. It signals also the end of privileges for the Europeans. It reflects entrepreneurship at its best on the part of the fast developing nations of Asia. It shows that free access to know how and capital has permitted Asia to catch up at an unprecedented speed. Contrary to often repeated but wrong opinions, the poor of the world have benefited the most by globalization. A market place of unimaginable potential is under construction in the first half of the 21st century, accelerated by FDI. This book should find many readers, particularly among the political leaders of today and tomorrow.' -- Carl H. Hahn, Chairman Emeritus of Volkswagen AGTable of ContentsContents: Foreword Supachai Panitchpakdi Preface Emerson de Almeida, David M. Schizer and Yiping Zhou PART I: OVERVIEW 1. The Rise of TNCs from Emerging Markets: The Issues Karl P. Sauvant 2. The Rise of TNCs from Emerging Markets: The Global Context Jeffrey D. Sachs PART II: EXPLORING THE GROWTH AND PATTERN OF OUTWARD FDI FROM DEVELOPING COUNTRIES 3. The Rise of TNCs from Emerging Markets: Challenges Faced by Firms from India Ravi Kant 4. The Transnationalization of Supply Chain Management: The Experience of Brazilian Industrial Companies Paulo T.V. Resende and Alvaro Bruno Cyrino 5. Do Firms from Emerging Markets have to Invest Abroad? Outward FDI and the Competitiveness of Firms John Cantwell and Helena Barnard 6. How Global are TNCs from Emerging Markets? Alan Rugman 7. Explaining China’s Outward FDI: An Institutional Perspective Peter J. Buckley, Jeremy L. Clegg, Adam R. Cross, Hinrich Voss, Mark Rhodes and Ping Zheng 8. Old Wine in New Bottles: A Comparison of Emerging-Market TNCs Today and Developed-Country TNCs Thirty Years Ago John H. Dunning, Changsu Kim and Donghyun Park PART III: WHAT’S IN IT FOR HOST COUNTRIES? 9. Who’s Afraid of Emerging-Market TNCs? Or: Are Developing Countries Missing Something in the Globalization Debate? Andrea Goldstein 10. Corporate Governance of Emerging-Market TNCs: Why Does it Matter? Rainer Geiger 11. Are Emerging-Market TNCs Sensitive to Corporate Responsibility Issues? Carrie Hall PART IV: WHAT’S IN IT FOR HOME COUNTRIES AND THE INTERNATIONAL COMMUNITY? 12. Outward FDI and the Economic Performance of Emerging Markets Steven Globerman and Daniel M. Shapiro 13. What Policies Should Developing Country Governments Adopt Toward Outward FDI? Lessons from the Experience of Developed Countries Theodore H. Moran 14. Will Emerging Markets Change their Attitude Toward an International Investment Regime? Edward M. Graham 15. The Need for an Adequate International Framework for FDI Joseph E. Stiglitz PART V: CONCLUSION 16. The Rise of TNCs from Emerging Markets: Threat or Opportunity? Lorraine Eden 17. Outward Foreign Direct Investment from Emerging Markets: Annotated Bibliography Zenaida Hernández Index
£44.60
Edward Elgar Publishing Ltd China and the Multinationals: International
Book SynopsisThis original and important book explores how the interaction between China and multinational enterprises (MNEs) has the potential to affect the future of the Chinese economy, the global economy, and international business. It examines the interaction of two of the most important forces affecting the development of the global economy in recent decades - firstly the opening and massive growth of the Chinese economy, and secondly the rise in foreign direct investment per se and the consequent strategic restructuring of major MNEs. The expert contributors begin by investigating precisely how leading MNEs, with well-honed international practices and commitments, have drawn their subsidiaries in China into their established networks. They suggest that MNEs' operations are increasingly embedded in the growth and sustainability of the Chinese economy itself, rather than merely serving as a supply base for their global markets. The second part of the book examines the emergence of new MNEs from China itself. It shows how these MNEs are seen as integral to China's development, and how their ability to expand reflects strengths from China's growth as well as revealing the growing needs required for sustainability. This timely study will be of great interest not just to those following one of the world's key economies, but also to researchers and students of the fast-paced changes in international business strategy.Table of ContentsContents: 1. China and the Multinationals Robert Pearce 2. The Opening of China and the Strategic Expansion of Multinationals: An Analysis of Subsidiary Motivation and Roles Si Zhang and Robert Pearce 3. Multinationals’ R&D in China and its Implications for China’s National System of Innovation Si Zhang 4. The Growth and Strategic Orientation of Multinationals’ R&D in China Feng Zhang and Robert Pearce 5. Capability Development of Foreign-Owned Subsidiaries in China During their Early Evolution Feng Zhang 6. Corporate Hybrids and the Co-evolution of Institutions and Enterprise in China Simon Collinson and Yanxue Sun 7. The Emergence of Chinese Firms as Multinationals: The Influence of the Home Institutional Environment Peter J. Buckley, Hinrich Voss, Adam R. Cross and L. Jeremy Clegg 8. The Political Economy of Infrastructure Multinationals: The Case of Chinese Investment in Africa Yuxuan Tang and Robert Pearce 9. The Overseas Expansion of Chinese Multinational Corporations Bersant Hobdari, Evis Sinani, Marina Papanastassiou and Robert Pearce Index
£95.00
