This text gathers together 13 articles that deal with the internationalization strategies of firms, effects of foreign investment on host countries, and host country policies vis-a-vis foreign multinationals. It illustrates how the behaviour of multinational firms and their effects on the host country are likely to differ between countries in a systematic manner, depending on the host country's economic policies and market conditions and provides an approach on how to look at multinational firms.

Staying at the pinnacle of the advancing business development of transition economies and the impact of changing business conditions is a challenging task for all firms wanting to do business in them. This book provides insight into the way in which businesses function with a comprehensive overview of the major aspects involved.

Multinational enterprises have played a crucial role in post-war international economic integration. They have promoted intra-firm trade, technology transfer and internal movements of capital and human resources. This book provides wide-ranging evidence on their role in globalizing the service sector - especially financial services - in establishing international networks of research and development and in developing trade and investment linkages in Asia. Particular attention is given to the participation of multinationals in management contracts and joint ventures and the significance of this for host country industrial policy. This book is designed to be of interest to students of business, management and finance, and economics.

This book uses both political and democratic studies perspectives as well as economic, philosophical and managerial to provide a practical insight into the issues like the extensive economic power of large enterprises and changing balance of power between public and private sector, regulation and the governance of large private entities.

Foreign-owned firms (FoFs) can have significant implications in terms of employment, income and technology for the national economies involved. This book compares the efficiency of domestic and FoFs, and also looks at the performance of FoFs in several different countries. Contributors take a broad variety of research approaches with a focus on the use of firm-specific data from France, Germany, Austria, and Sweden. They conclude that foreign ownership matters but the real difference is not between FoFs and national firms but between multinational and domestic firms.

This volume is a product of the Interstratos project which brought together research teams from across Europe to study the strategic behaviour of small and medium-sized industrial firms, the determinants of their behaviour, and the impact on performance. The book uses information from annual surveys of companies in Europe during the period spanning the formation of a single European market. It addresses issues affecting small businesses such as marketing, entrepreneurship, export strategies and the single market, on an international basis. The book also contains detailed case studies of individual countries including The Netherlands, Finland, Switzerland and the UK.

This collection of essays addresses questions of the theory of the firm and international business. The first section deals with theoretical issues underpinning multinational enterprise. These are the issues of information, re-engineering and change management and international trade. The second section concentrates on the inter-firm relationships of multinationals, assessing the interplay of co-operation and adversarial behaviour. The third section deals with applications of the principles presented in the first two sections. The applications concern the defence equipment industry the world automobile industry and corporate governance under European Union Regulations.

This book provides a new source of data and analysis on the role of multinational companies in U.S. international trade over the past two decades. Developed from benchmark surveys of foreign direct investment conducted by the U.S. Government, it contains 96 tables and companion analyses covering affiliate trade, intrafirm trade, bilateral trade, ultimate beneficial owners, commodity (SITC) trade, and affiliate industry groups. The book is intended for researchers and analysts in international business, international trade, and international finance.

This book provides a new source of data and analysis on the role of multinational companies in U.S. international trade over the past two decades. Developed from benchmark surveys of foreign direct investment conducted by the U.S. Government, it contains 96 tables showing MNC-related trade for 1975, 1982, and 1989. Tables and analysis cover affiliate related trade, intrafirm related trade, bilateral trade with major trading partners, the role of ultimate beneficial owners, commodity (SITC) trade, and trade by affiliate industry groups. The data and analyses in the book will be equally useful to academic researchers and policy analysts in the fields of international business, international trade, and international finance.

From something as simple as finding a distributor to as complex as founding an overseas operation. Here's a 'meat and potatoes' guide to entering and excelling in the international business arena. Combining theory, practice, and insider savvy, 'Business Abroad' shows you how to successfully take your company global and expand and improve your current global activities.
You'll find a straightforward plan of action for starting and conducting overseas business. This clear, succinct road map helps you effectively conduct key international business transactions. Mistakes in any of these areas could cost you tens of thousands of dollars, so there's specific help with:
* Exporting/importing * Distribution * Joint ventures * Licensing * Franchising * Technology transfer * and more...
Going international is not an easy decision, but this valuable guidebook makes it a simpler and more profitable one.

As global and regional integration move forward, firms must be innovative and sustainable when setting up operations in new countries and markets. The AIB-LAT book series presents research findings and theoretical developments in international business, with special emphasis on studies focusing on internationalization, innovation and sustainability in Latin America - three increasingly interconnected and important issues for firms around the world. Latin America continues to gather business and academic attention as the region plays a growing role in the global economy. The chapters of this volume will further readers' understanding of how business enterprises from and in Latin America strive to create and implement sustainable and innovative solutions while developing their international operations by presenting research findings from top scholars working in the region.

This book shifts the debate on knowledge transfers within multinational corporations (MNCs) back to its core: How can we increase the effectiveness of cross-border transfers of knowledge? Several perspectives on international knowledge flows, from control issues to cultural barriers, are integrated into a comprehensive framework. Based on a sample of leading MNCs, empirical results show which managerial mechanisms have to be implemented to increase the benefit from knowledge transfers in headquarters and subsidiaries.

The 41st Annual Conference of the Academy of International Business UK and Ireland Chapter was held at The University of York in April 2014. This book contains records of keynote speeches and special session on key topics, as well as selection of some of the best papers presented at the conference.

This study chronicles the unique relationship between the Federal government and the American multinational corporation, integrating it into the mainstream of American political history. It is a record of continuous adjustment on the part of both parties as each side navigated the unchartered waters of this unconventional partnership. What makes it so relevant historically is that while the Federal government was adjusting to its postwar global responsibilities, corporate America in its multinational dimension was taking on new roles which redefined the international political economy. It involved international oil companies impacting our relations with the volatile Middle East, an economic Watergate of global dimensions, and an unresolved debate on public versus private responsibilities toward the Third World and its multiple economic and social problems. Objectively presented, " America and the Multinational Corporation" provides the historical context for tracking the various presidential perspectives from Truman to Bush as well as the various congressional initiatives to redefine business-government relations in terms of corporate America's most aggressive offspring--the multinational.

Professor Reardon moves beyond the initial assessments of the multinational corporation vis-a-vis the Federal government, refusing to view it as a threat to the continued survival of the nation-state or as a force that the Federal government must tame at all cost. Rather, the partnership is a complex and continuously evolving relationship that may well be acquiring a new configuration as the world's economy becomes global rather than international. His study will be of interest to all students of contemporary American history as well as scholars in international political economy.

The rise of multinational corporations (MNCs) from emerging markets has been a major development during the last decade. An important feature of emerging market MNCs is their close relationship with home states. The book investigates this special kind of relationship and explores how it affects the cross-border activities of these corporations.

This study provides a timely and useful benchmark for analysis of the effects of the recently negotiated North American Free Trade Agreement on investment flows. It also presents a unified history of foreign investment in Canada, Mexico, and the United States over the twentieth century, stressing interactions among these countries and their changing policies towards inward and outward investment. Twomey analyzes economic theories of foreign investment from the perspectives of neoclassical economics and political science and places them in the context of the ongoing debate over neo-protectionist policies and the role of the United States in the global economy.

This book is a timely study in light of the resurgence of resource nationalism that is currently occurring in several resource-rich, developing countries. It moves away from the traditional explanations for the disappointing economic performance of resource-rich, developing countries, notably those advanced by key researchers.

Innovation Spaces in Asia provides insight into how and why Asia is poised to impact global innovation. Asia is undergoing rapid developments in markets, sources of technology and user preferences. This book provides an empirical understanding and initial conceptualization of these dynamic processes, including the role of multinational enterprises, entrepreneurship and public policy.The accomplished contributors explore case studies of entrepreneurs and large companies in Asia in order to discuss the ways in which customers, institutions and firms, both domestic and foreign, are interacting to affect global processes of innovation and production. Innovation spaces are analyzed within Asian countries and firms, from Asia to the world, and from the world to Asian countries. Students and researchers pursuing innovation, international business and entrepreneurship will find this to be a useful read. This book will also be of interest to innovation managers and public policy practitioners looking for a thorough guide on the topic. Contributors: S. Bagchi-Sen, E. Bourelos, X. Chen, G. Cheng, E. Deiaco, P. Fan, E. Gifford, S.J. Haakonsson, M. Holgersson, C. Jeding, J. Jin, P. Kedron, K. Lagerstroem, A.H. Lassen, R. Lema, X. Liu, M. McKelvey, T.A. Meraxa, T. Schunder, R. Schweizer, D. Slepniov, Y. Wang, O. Zaring, Z. Zhang

Despite a shared interest in the analysis of complex organizations operating in complex environments, macro-organization theory and research on the multinational corporation have developed quite independently of each other. This book, the product of a collaborative endeavour by scholars from both fields, represents the first systematic effort to build a broad bridge between these two areas of research. 'An excellent collection of essays which provides both the general and specialist reader with a fascinating insight into the latest advances in organisational theory.' John H. Dunning, Universities at Reading and Rutgers.

This 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.

Presenting an unrivalled perspective into the inner-workings of Chinese corporations and their expansion plans for international markets, this book combines executive interviews and first-hand accounts providing the sorely needed context to the rise of Chinese companies in home and overseas markets and how the West can successfully compete.

Written for both corporate accountants and advanced students of accounting, this volume offers comprehensive coverage of multinational financial accounting issues. As Ahmed Riahi-Belkaoui explains at the outset, multinational financial accounting is the branch of accounting developed to accommodate the specific international accounting needs of multinational corporations that are not met by their national accounting systems. Among the specific topics he addresses are the dimensions of multinational financial accounting, the efforts underway to harmonize international standards, the international environment within which multinational firms operate, and specific multinational financial accounting practices. Throughout, Riahi-Belkaoui emphasizes both theoretical concerns and practical solutions to multinational financial accounting problems.

The book begins by describing the nature of the emerging global economy and the challenges it poses for accountancy. Subsequent chapters address accounting for foreign currency transactions, futures contracts, and other financial instruments; illustrate the management of translation exposure; and examine accounting for inflation proposals. Riahi-Belkaoui goes on to explore accounting for inflation internationally and includes a separate appendix of illustrative calculations to compute current cost/constant purchasing power information. Finally, the author reviews segmental reporting and value-added reporting within the multinational financial accounting context.

In 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.

An 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.

Henry Bernard Loewendahl scrutinizes the relationship between multinational companies, regional development, and governments, using a framework of bargaining between government and multinationals. He critically analyzes the role of foreign investment in economic development, and examines how governments can link inward investment to regional economic development. Based on extensive use of data, interviews and case studies of Siemens and Nissan's UK investment, the book shows why MNCs have invested in the UK in the past, how they bargained with the government, and what the impact was on the national and regional economies. In particular, through linking the strategy of multinationals to the location advantages of the UK, it is argued that labor flexibility and incentives were crucial to investment decisions. Loewendahl recommends a framework to integrate endogenous and exogenous approaches to developments; and proposes a greater role for the region and the EU to control incentives and monitor multinationals.