Sample records for multinational corporations mncs

  1. Developing Managerial Talent: Exploring the Link between Management Talent and Perceived Performance in Multinational Corporations (MNCs)

    Sheehan, Maura


    Purpose: To examine the association between talent management (TM) and perceived subsidiary performance. Focus is given to the development of one key talent group--line managers--in subsidiaries of multinational corporations (MNCs). Specifically, the paper examines: whether there is a positive relationship between Management Development (MD) and…

  2. Determining The Optimal Mix of Institutional Geopolitical Power And ASEAN Corporate Governance on the Firm Value of Malaysia’s Multinational Corporations (MNCs

    Wan Sallha Yusoff


    Full Text Available The purpose of this paper is to examine the relationship between institutional geopolitics, ASEAN corporate governance quality and the firm value of Malaysia’s multinational corporation (MNC. We used the data of MNCs in Malaysia that were active from 2009 to 2013 as an evidence of MNCs from emerging market economies. Descriptive analysis, factor analysis and panel data analysis have been utilized to test the equation model. We also propose optimization analysis by using differential evolution method to capture the optimal mix of institutional geopolitics and ASEAN_CG on the firm value of MNC. Results reveal that the geopolitics of G7(Canada, France, German, Italy, Japan, Europe, and the United States, BRICS (Brazil, Russia, India, China, and South Africa, and ASEAN (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Myanmar, Philippines, Singapore, Thailand, Vietnam, and Malaysia are highly correlated with the firm value of Malaysia’s MNC. The power of institutional geopolitics, namely, military, material, and social power, influences firm value negatively and ASEAN_CG moderate the negative influence of institutional geopolitics on the firm value of MNC. Thus, it is importance for corporate management to understand the geopolitical changes of host countries’ and increase the compliance of ASEAN_CG in formulating their market value and segmentation strategies.

  3. Shaping Regional Strategies of Multinational Corporations

    Gilbert, Dirk Ulrich; Heinicke, Patrick; Rasche, Andreas

    This paper examines the factors that drive the success of multinational corporations (MNCs) in their pursuit of regional strategies. We develop a comprehensive regional success factor model to investigate the effects of regional management autonomy and regional product/service adaption...... management autonomy and regional product/service adaption are higly contingent upon contextual influences on MNCs....

  4. Danish Multinational Corporations in China

    Haakonsson, Stine Jessen


    markets, which are significantly different from MNCs' traditional locations. As globalisation progresses, internationalisation increasingly involves exploitation strategies, i.e., offshoring of production; market access; and exploration strategies such as internationalisation of innovation. This article......Multinational corporations (MNCs) strategise in a dynamic multi-polar world consisting of changing environments at home and abroad. They continuously face a new set of push- and pull-factors for internationalising activities. In recent decades, internationalisation has been reaching into emerging...... looks into how Danish MNCs have evolved into the Chinese economy, investigating the trajectories of how and when four Danish MNCs entered the Chinese economy and how the strategy patterns have emerged from cost reduction, to market access, and recently to innovation. Over 30 years, China has developed...

  5. Global Oligopolistic Competition and Multinational Corporations

    Hansen, Michael W.; Hoenen, Anne Kristin


    The contemporary International Business (IB) literature has ’forgotten’ a key insight of the early foreign direct investment (FDI) literature, namely that FDI often is driven by strategic interaction of multinational corporations (MNCs) in oligopolistic industries. Instead, the IB literature has ...

  6. Serving low-income markets : Rethinking multinational corporations' strategies

    Sadreghazi, S.; Duijsters, G.M.; Dolfsma, W.; Duysters, G.M.; Costa, I.


    The global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. This 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

  7. Multinational corporations and skills development in Nigeria: the ...

    The quest for skills development perhaps accounts for why developing countries like Nigeria attract multinational corporations (MNCs) to their territories to invest in their economies. MNCs are the custodians of skills vital for social and economic transformation of any nation. However, despite their skills advantage, Nigeria ...


    Siti Waltraud Brigitte Mayr


    Full Text Available Purpose - The aim of this study is to introduce an approach to managing business communication based on the German language needs of employees in multinational companies in Malaysia and the expectations of employers in the teaching of German in their companies. As additional variables, training for sustainable development (ESD and for maximizing the mutual understanding in personal interactions is included. Design / methodology / approach – This paper is reflecting on the spectrum of ideas about the teaching of German in German companies in Malaysia that was obtained through the author’s earlier target situation analysis in MNCs in Malaysia. In addition to a variety of methods that is incorporated to engage students in the learning process, a ‘meaning negotiation’ approach is applied in order to deal with the intercultural communication practices. Results - The paper outlines a set of topics and strategies that can assist employees in intercultural interaction contexts in a German Malaysia-based company. It draws them together into a conceptual framework of required skills in a German beginner class. Originality / Benefits - This study contributes to the current issues concerning the German mediation requirements in the management field.

  9. Low-intensity conflict in multinational corporations

    Lauring, Jakob; Andersen, Poul Houman; Storgaard, Marianne


    in four Danish MNCs. Findings: They describe consequences of low-intensity conflict and identify three types of actions by headquarters’ representatives that could lead to the development of low-intensity conflicts, namely, ignoring, bypassing and educating. Originality/value: Very few studies have dealt......Purpose: This paper aims to identify antecedents for, and consequences of, low-intensity inter-unit conflict in multinational corporations (MNCs). Inter-unit conflict in MNCs is an important and well-researched theme. However, while most studies have focused on open conflict acknowledged by both...... parties, much less research has dealt with low-intensity conflicts. Still, low-intensity conflicts can be highly damaging – not least because they are rarely resolved. Design/methodology/approach: The authors used a qualitative approach to understanding low-intensity conflict relying on 170 interviews...

  10. Subsidiary Performance in Multinational Corporations

    Andersson, Ulf; Forsgren, Mats; Pedersen, Torben


    are then tested in a LISREL model based on data concerning 98 subsidiaries belonging to Swedish MNCs. Our empirical results indicate that technology embeddedness has a positive, direct, impact on subsidiary market performance, and a positive, but indirect, impact on subsidiary organizational performance.......Subsidiaries have access to different types of resources and therefore perform differently in their market-place and within a multinational corporation (MNC). Yet, even though subsidiaries are the object of intense interest, remarkably little has been written about the assessment of subsidiary...... performance. In short, the strategic opportunities of subsidiaries seem to generate more attention in the literature than their results. The two distinctive features of this paper are the development of the concept of subsidiary performance and the exploration of the linkage between subsidiary business...

  11. How do Regional Headquarters Influence Corporate Decisions in Networked MNCs?

    Mahnke, Volker; Ambos, Björn; Nell, Phillip Christopher


    In networked MNCs where knowledge and power are distributed, corporate strategy processes benefit from input arising from many different levels of the organization. Recently, the regional (i.e., supra-national) level has been emphasized as an important additional source of knowledge and input......, and as a bridge between local subsidiaries and global corporate headquarters. This paper builds theory on the antecedents to regional headquarters' influence on corporate decisions (i.e., organizational, behavioral, and motivational). Based on a survey of regional headquarters in Europe and their relations...... with MNC headquarters, we provide empirical evidence that a regional headquarters' autonomy and signaling behavior have significant effects on its influence on corporate strategy. Furthermore, we find support for our hypothesis that the regional headquarters' charter moderates such bottom–up influence....

  12. Resource allocations, knowledge network characteristics and entrepreneurial orientation of multinational corporations

    Williams, C.; Lee, S.H.


    This paper analyses entrepreneurial orientation (EO) in multinational corporations (MNCs) and develops a new typology of MNC EO based on combining R&D and asset growth investment intensities as orthogonal resource allocations. A cluster analysis of US MNCs on these two dimensions reveals three types

  13. The Role of Culture on Knowledge Transfer: The Case of the Multinational Corporation

    Lucas, Leyland M.


    Purpose: This paper aims to look at the issue of culture's role in knowledge transfer within multinational corporations (MNCs). Studies of MNCs have hinted at the importance of culture to the performance of subsidiaries. Using Hofstede's cultural dimensions of power distance, individualism/collectivism, uncertainty avoidance, and…

  14. Global Talent Management in Multinational Corporations and the Role of Social Networks

    Ruel, Hubertus Johannes Maria; Bondarouk, Tatiana; Dresselhaus, Lena; Olivas-Lujan, M.R.; Bondarouk, T.V.


    Purpose — Current global business challenges and circumstances are responsible for the need for global talent management (GTM) within multinational corporations (MNCs). Social media and networks are becoming key channels for global communication and collaboration. For GTM in MNCs, an effective usage

  15. Level of Harmonization and ERP Architecture in Multinational Corporations

    Rahimi, Fatemeh; Møller, Charles


    multinational corporations. The ERP distribution decision in MNCs has been mainly associated with the corporate strategy and governance structure. As global ERP deployment benefits mainly come from business consolidation, and as there are significant costs and risks associated with centralized ERP...... to be more directly affected by the factors prohibiting further divergence, namely the corporate business process governance structure and the degree of similarity of its business models....

  16. Towards strategic CSR in the multinational corporations

    Linneberg, Mai Skjøtt; Thorup-Jensen, Line


    CSR is a context-specific phenomenon, which makes working strategically with CSR particularly challenging for multinational corporation as it must allow for the various contexts of operation. Based on the extant literature, this article provides a conceptual presentation of MNC's opportunities...... to work with CSR acknowledging and taking into account the the context embeddedness of CSR. We propose that MNCs consider four decision areas establishwhen developing strategic CSR. Furthermore, we present a framework model for CSR that takes into account the MNC's need to consider both a local...

  17. Money or Ethics : Multinational corporations and religious organisations operating in an era of corporate responsibility

    K.C. van Cranenburgh (Katinka)


    markdownabstractIt is a general assumption that Religious Organisations (ROs) are driven by religious beliefs and values, whilst multinational corporations (MNCs) are considered to be concerned about their profits, their share price and their reputation. When ROs invest in capital markets, they

  18. Family Businesses in the Corporate Governance of MNCs

    Pavla Odehnalová


    Full Text Available The issue of family businesses is currently a very topical theme in the academic world. The importance of family businesses increases with internationalization and is associated with business success in global market conditions. A fundamental part of business activities abroad is the correct application of the corporate governance of subsidiaries of multinational family businesses. The available findings do not cover this area sufficiently, especially in the context of transformed economies in CEE. In view of the nature of foreign business activities, the degree of centralization of competences transferred between subsidiaries and headquarters and the presence of expatriates from the headquarters of multinational companies represented by the family firm in statutory bodies can be regarded as important variables. The main aim of the present paper is, based on research carried out, to describe and analyze the degree of centralization and presence of expatriates in the corporate governance of subsidiaries of multinational family businesses operating in the Czech Republic. The paper presents the results of an empirical investigation with a description of the presence of expatriates in the statutory bodies of subsidiaries of multinational companies in the Czech Republic. The results obtained present the number of subsidiaries corresponding to the definition of a family business with an emphasis on SMEs of up to 250 employees and the degree of centralization and presence of expatriates in administrative or executive authority, or in other positions. The sample which was used to research the family business comprised 214 subsidiaries of multinational companies from the most important sectors of the Czech economy.

  19. The Size and Composition of Corporate Headquarters in Multinational Companies: Empirical Evidence

    Collis, David J.; Young, David; Goold, Michael


    Based on a six-country survey of nearly 250 multinationals (MNCs), this paper is the first empirical analysis to describe the size and composition of MNC headquarters and to account for differences among them. Findings are as follows: MNC corporate headquarters are more involved in "obligatory" and value creating and control functions than in operational activities; there are no systematic differences in the determinants of the size and composition of corporate headquarters between MNCs and p...

  20. Reputation of multinational companies: Corporate social responsibility and internationalization

    Javier Aguilera-Caracuel


    Full Text Available Purpose - The purpose of this paper is to use stakeholder theory as the theoretical reference framework to study the influence of internationalization (geographic international diversification and social performance on multinational companies’ (MNCs reputation. Design/methodology/approach - The authors confirm the research hypotheses using a sample of 113 US MNCs in the chemical, energy and industrial machinery sectors during the period 2005-2010. Findings - This study contributes to the literature in three ways. First, it incorporates literature on internationalization to study the possible connection between geographic international diversification and social performance in MNCs. Second, it sheds light on the debate between corporate social responsibility (CSR and the reputation of MNCs in a very diverse transnational context in which MNCs must meet the needs of stakeholders at both local and global levels. Third, it incorporates the mediating role of social performance in the relationship between geographic international diversification and the firm’s reputation. Originality/value - Prior studies have hardly analyzed this relationship, which becomes especially relevant for MNCs, since their implementation of advanced CSR practices in the different markets in which they operate will gain them a good reputation, not only in specific local contexts but also globally, benefitting the organization as a whole and enabling it to gain internal consistency (improvement in internal efficiency, transparency and legitimacy.

  1. Corporate Taxation and Multinational Activity

    Peter Egger; Simon Loretz; Michael Pfaffermayr; Hannes Winner


    This paper assesses the impact of corporate taxation on multinational activity. A numerically solvable general equilibrium model of trade and multinational firms is used to incorporate the following components of corporate taxation: parent and host country statutory corporate tax rates, withholding tax rates, and parent and host country depreciation allowances. We account for their differential impact under alternative methods of double taxation relief (i.e., credit, exemption, and deduction)...

  2. Multinational Corporation and International Strategic Alliance



    The world is now deeply into the second great wave of globalization, in which product, capital, and markets are becoming more and more integrated across countries. Multinational corporations are gaining their rapid growth around the globe and playing a significant role in the world economy. Meanwhile, the accelerated rate of globalization has also imposed pressures on MNCs, left them desperately seeking overseas alliances in order to remain competitive. International strategic alliances, which bring together large and commonly competitive firms for specific purposes, have gradual y shown its importance in the world market. And the form of international joint venture is now widely adopted. Then after the formation of alliances, selecting the right partner, formulating right strategies, establishing harmonious and effective partnership are generally the key to success.

  3. Subsidiary Initiative Taking in Multinational Corporations

    Dörrenbacher, Christoph; Gammelgaard, Jens


    This paper investigates the political maneuvering that accompanies subsidiary initiative taking in multinational corporations. On the basis of an explorative empirical investigation of subsidiary initiative taking in the French subsidiaries of six German MNCs, the paper explores the activities...... that subsidiaries undertake to sell their initiatives, and the relationships among issue selling, subsidiary power and headquarters’ hierarchical power. The findings suggest that the use of issue-selling tactics is common when subsidiaries engage in initiative taking. In addition, the paper demonstrates that a low...... degree of issue selling is needed to obtain approval of an initiative in less asymmetrical headquarters–subsidiary power relationships (i.e. relationships in which subsidiaries are relatively powerful). In cases where power relationships are highly asymmetrical, issue selling is a necessity...

  4. Understanding International Product Strategy in Multinational Corporations through New Product Development Approaches and Evolution

    Liu, Yang; Shi, Yongjiang


    International product strategy regarding global standardisation and local adaptation is one of the challenges faced by multinational corporations (MNCs). Studies in this area have tested the antecedents and consequences of standardisation/adaptation, but lack a new product development (NPD) perspective. In this study, we explore how product standardisation/adaptation is determined in the NPD context. Through a qualitative case study of four MNCs, we found three NPD approaches: multi-local, ad...

  5. Multinational Oil Companies and Corporate Social Responsibilities ...

    Niger Delta Region, Nigeria), the concept of corporate social responsibility must be fully imbibed by the multinational oil companies. Therefore, this study examines multinational oil companies and corporate social responsibilities with particular ...

  6. Innovation and Institutional Embeddedness of Multinational Corporations

    Pogrebnyakov, Nicolai


    Review of: Innovation and Institutional Embeddedness of Multinational Corporations / edited by Martin Heidenreich. (Cheltenham: Edward Elgar, 2012)......Review of: Innovation and Institutional Embeddedness of Multinational Corporations / edited by Martin Heidenreich. (Cheltenham: Edward Elgar, 2012)...

  7. Unravelling learning within multinational corporations

    Saka-Helmhout, Ayse

    This article explores the impact of institutional variation on the extent to which subsidiary firms learn from multinational corporations. Learning is conceptualized here as consisting of two aspects: knowledge flow and reinforcement of or change in routines to incorporate the behaviourist

  8. Multinationals and corporate social responsibility

    Kolk, A.


    This paper aims to shed some more light on the current debate related to corporate social responsibility (CSR), specifically considering multinational enterprises (MNEs) and the complexities they face when dealing with international issues and a range of stakeholders. It discusses notions of CSR in

  9. Knowledge Transfer and Accommodation Effects in Multinational Corporations

    Geisler Asmussen, Christian; Foss, Nicolai J.; Pedersen, Torben


    Foreign subsidiaries in multinational corporations (MNCs) possess knowledge that has different sources (e.g., the firm itself or various sources in the environment). How such sources influence knowledge transfer is not well understood. Drawing on the "accommodation effect" from cognitive psychology...... if a certain tipping point of internally sourced knowledge has been surpassed. This suggests that subsidiary knowledge stocks that are balanced in terms of their origins tend to be more valuable, congruous, and fungible, and therefore more likely to be transferred to other MNC units...

  10. The place of Political Risk Insurance in the political risk management strategy of multinational corporations

    Violeta Iftinchi


    Full Text Available Confronted with a variety of political risks that affect their international activities, multinational corporations (MNCs can use Political Risk Insurance (PRI as a method to mitigate some of those risks. The aim of this article is to present the main characteristics of the PRI policies and participants, to highlight its benefits and to put forward three limitations that prevent MNCs in using PRI in their political risk management strategy (fluctuating capacity on the market, high premium rates and small compensation value. The recent trend in incorporating corporate social responsibility requirements as a pre-condition for providing PRI can contribute to lowering PRI premium rates.

  11. Social business in multinational corporations: an analysis of marketing practices

    Thiago José de Chaves


    Full Text Available Social business (SB as a category of organization that seeks to create long-term economic and social value for the majority of the people has attracted the attention of policy-makers, practitioners, and scholars. Some authors highlight the role that multinational corporations (MNCs have in mitigating social and environmental problems by offering products and services to meet the demands of lower-income populations. Based on a discussion of social business and such initiatives inside MNCs, this article investigates how the Brazilian subsidiaries of two large MNCs (Coca-Cola and Danone are performing SB in a developing country. More specifically, we focused on how they are using their marketing know-how to achieve the desired results. The cases were chosen based on their global relevance, reach, and representativeness in SB efforts. Our study has shown that their social initiatives are linked to the corporate mission, values and strategies, and that they aim to achieve social transformation in connection to their core business. Our goal is to contribute both to academic research and to future initiatives in Brazil and other developing countries.

  12. Democratizing the Multinational Corporation (MNC)

    Andersen, Torben Juul; Hallin, Carina Antonia


    insights that can be used strategically if management at headquarters is cognizant about its existence and able to collect this information. We introduce the notion of democratizing the strategic engagement of managers and employees at all levels and locations of the multinational corporation (MNC......) as an essential leadership paradigm. The implied interaction between slow central analytical reasoning at headquarters and updated insights from fast decentralized initiatives in local subsidiaries constitutes an effective dynamic responsive mechanism. This dynamic interaction implies that critical strategic...

  13. Cultural Penetration in Latin America through Multinational Advertising Agencies.

    Del Toro, Wanda

    Few studies have addressed the issue of cultural penetration of Latin American countries by multinational corporations (MNCs) and multinational advertising agencies (MAAs). Whether they are considered multinational or transnational, MAAs have expanded as a form of international communication in the global market, forming the backbone of MNCs.…

  14. Corporate Social Responsibility of Multinational Oil Corporations to ...

    Corporate Social Responsibility of Multinational Oil Corporations to Host ... Exxon Mobil and Elf oil Nigeria Limited within their corporate-community relations strategy in the ... The paper concludes by exploring the implications for partnerships' ...

  15. Financialization and the Multinational Corporation

    Morgan, Glenn


    The terrain on which states, trade unions and social movements confront multinational corporations has changed dramatically over the last two decades as a result of two phenomena – the disaggregation of the supply chain and the financialization of corporations. Trade unions and social movements...... have increasingly challenged the inequalities and unfairnesses which have emerged from the globalization of supply chains. However, issues of financialization, although increasingly high profile since 2008, have generally been treated separately. This article argues that the two phenomena...... are integrally related within the same process of neoliberal globalization. It argues that trade unions and social movements need to connect together issues to do with the relocation and restructuring of employment with issues of financialization and the need for financial reform. Change will only be effective...

  16. Multinational Corporation and Its Sustainable Engagement with Local Small Businesses : A Case Study of Unilever Thailand

    Gaiga, Roméo; Thorngmun, Siriwimon


    Once the boundary in global investment does no longer exist, a substantial number of multinational corporations (MNCs) seek for the lower-cost countries such as developing countries or emerging countries to be their production bases. It is undeniable to say that these recipient countries will benefit abundantly in several aspects namely: capital and technical knowledge, employment boost and economic development stimulation. However, the disadvantages that occur may not be worth the trade-off ...

  17. An exploratory study of global leaders' and Chinese managers' leadership constructs in multinational corporations in China

    Wang, Lake


    This research explores the leadership constructs of global leaders and Chinese managers in multi-national corporations (MNCs) in order to understand whether their constructs are misaligned, and if so, in what ways. To address these questions, data was gathered via repertory grid test interviews with 31 global leaders and 59 Chinese managers in six MNCs’ China organizations. Analysis subsequently revealed that global leaders rely upon twelve key constructs to define global leaders...

  18. IHRM and expatriation in Japanese MNCs: HRM practices and their impact on adjustment and job performance

    Furasawa, M.; Brewster, Chris


    Studies of international human resource management (IHRM) have pointed out that Japanese multinational companies (MNCs) tend to use more parent-country nationals (PCNs) than do western MNCs. The ethnocentric staffing policies imply that the management of expatriation has a greater influence on the success of Japanese MNCs. We use survey data from 149 Japanese repatriates to examine the relationship between IHRM practices – selection, preparation and corporate support – and expatriate adjustme...

  19. Organizational Values and Knowledge Sharing in Multinational Corporations

    Michailova, Snejina; Minbaeva, Dana


    While the existing knowledge sharing literature, in general, emphasizes the link between organizational culture and knowledge sharing, it remains rather ambiguous about how certain components of the former may shape the latter. This issue is especially relevant to multinational corporations (MNCs......), which typically consist of multiple organizational (sub)cultures and whose existence depends, to a great extent, on sharing knowledge across borders. The present study examines the influence of one key component of organizational culture – organizational values – on knowledge sharing. From 2003 to 2007......, we studied Danisco, a Danish MNC, to examine the processes of espousement, enactment and internalization of a core organizational value – dialogue. In particular, we studied how these processes influence knowledge sharing behavior among employees. We collected original empirical data using content...

  20. How powerful are the multinational corporations?

    Pausenberger, Ehrenfried


    Much unease, distrust and criticism is being expressed in the current debate about the potential power of multinational corporations and the possibilities of abuse. What is the basis for the power of the multinationals, and what possibilities are available for controlling and limiting that power?

  1. Knowledge transfer and expatriation in multinational corporations

    Minbaeva, Dana; Michailova, Snejina


    Research on multinational corporation (MNC) knowledge transfer has argued continuously for the behavior of knowledge senders to be a determinant of knowledge transfer. Although the importance of disseminative capacity regarding knowledge transfer has been illustrated in numerous conceptual studies...


    Violeta Iftinchi


    Full Text Available In their international activities multinational corporations (MNCs face various risks. Political risk is one of them. Expropriations, transfer and convertibility restrictions, breach of contracts, acts of terrorism, domestic political violence or other adverse regulatory changes and/or negative government action represent forms of political risks. Incorporating political risk in their risk management strategies becomes a necessity for MNCs in their search for profits and new markets. This article presents how MNCs use lobbying and advocacy as means to engage with governments and politicians in the country of origin (home country, in the country where a MNC has operations (host country or at international level (by creating ties with international organisations in order to mitigate political risks. The case of Repsol and its investment in Argentina is used to demonstrate the application of such tools. The article presents two limitations that might determine the success or failure of MNCs’ lobbying and advocacy activities: governments' unpredictable views towards MNCs and reputational risks. The article has also identified a main difficulty in identifying and examining MNCs way of using lobbying and advocacy to engage with government officials and politicians. This difficulty comes from the informal character of such contacts which makes lobbying and advocacy almost impossible to identify.

  3. Internationalization Strategies for Multinational Companies (MNCs) : In the case of KWH Mirka Oy to Ethiopia

    Yigzaw, Tamirat


    This thesis is done for the fulfilment of Masters of Business Administration (MBA) degree program in Business Management and Entrepreneurship at Häme University of Applied Sciences (HAMK). The main focus of the study is internationalization of companies to a new market as a development task for the company. The commissioner of the thesis is Mirka Oy, a Finnish multinational company. The purpose of the thesis was to study factors that should be considered in internationalization strategies...

  4. Corporate Responsible Behavior in Multinational Enterprise

    Andersen, Torben Juul


    Purpose: This study aims to analyze how leadership influenced corporate responsible behavior in a complex multinational organization with ethical principles imposed by concrete actions on regulatory, environmental and international labor issues. Increasing functional specialization, multinational...... diversification and global expansion also diluted those values. Originality/value: Corporate responsible behavior is a significant challenge in large organizations with many and diverse multinational stakeholders. Ethical conduct derives from executive morality, but the role of leaders as instigators...... diversity and business acquisitions challenged the core values and called for more formal enforcement. Core values executed through investment in positive economic externalities enhanced the reputation and facilitated sustainable collaborative solutions. Design/methodology/approach: This single-case study...

  5. Multinational Corporations, Self-Interest, and the Neglected Role of Empathy

    Strand, Robert

    contend that in a modern context where large multinational corporations (MNCs) dominate the global business environment, crucial relational elements of Smith’s thinking have been lost. More specifically, we argue that Smith’s proverbial butcher, brewer, and baker knew their stakeholders’ faces, which...... aroused empathy that influenced the businessperson’s considerations of self-interest and better aligned them with social welfare. However, employees of modern-day MNCs seldom directly interface with their many stakeholders, which diminishes the link between self-interest and social welfare. To illustrate...... this point, we compare an approximation of Smith’s small baker, Bloedow’s Little Bake Shop, with a large MNC bakery, General Mills. Through this comparison, we propose that theories of management can be made more reasonable when they consider the role of empathy in conjunction with self...

  6. Multinational Corporations and Stock Price Crash Risk

    Anthony May


    Full Text Available A nascent literature in finance and accounting on tail risk in individual stock returns concludes that bad news hoarding by corporate managers engenders sudden, extreme crashes in a firm’s stock price when the bad news is eventually made public. This literature finds that firm-specific crash risk is higher among firms with more severe asymmetric information and agency problems. A hitherto disjointed literature spanning the fields of international business, finance, and accounting suggests that geographic dispersion in a firm’s operations, and especially dispersion across different countries, gives rise to organizational complexities and greater costs of monitoring that can exacerbate asymmetric information and agency problems. Motivated by the confluence of arguments and findings from these two strands of literature, this paper examines whether stock price crash risk is higher among multinational firms than domestic firms. Using a large sample of U.S. headquartered firms during 1987-2011, we find robust evidence that multinational firms are significantly more likely to crash than domestic firms. Moreover, we show that the difference in crash risk between multinational and domestic firms is most acute among firms with weaker corporate governance mechanisms, including weaker shareholder rights, less independent boards, and less stable institutional ownership. Our analysis indicates that stronger monitoring from each of these three governance mechanisms significantly attenuates the positive relation between crash risk and multinationality. Our findings are robust to the use of alternative measures of crash risk and to controlling for known determinants of crash risk identified in prior studies. Our study offers new insights that should hold value for scholars and market participants interested in understanding the implications of heighted agency problems that multinational firms are likely to encounter and scholars and market participants

  7. Multinational Corporate Strategy-making

    Andersen, Torben Juul; Andersson, Ulf


    from corporate headquarters. The model considers local subsidiary actions of both operational and strategic nature and we argue that it may be futile to distinguish between these effects as incremental operational responses can cumulate into more substantial changes over time with dimensions...... the complementary effects of central planning and decentralized decision-making. We present and synthesize these rather field specific perspectives and try to synthesize insights from both fields in an adaptive strategy-making model including the effects of autonomous subsidiary initiatives and intended mandates...

  8. MultiNational Corporations work environment of brewing firms and employees productivity

    Olugbenga Abiola OJO


    Full Text Available This study examined the multinational work environment and employee productivity by examining if the elements conducive work environment assists MNCs (multinational corporations employee to be motivated at work and if the provision of infrastructural facilities have a significant relationship on employee satisfaction that affect employee productivity. The data required for this study was gotten through the instrument of questionnaire. One hundred and twenty four (124 copies of questionnaire were administered out of which one hundred and thirteen (113 were retrieved for analysis. Three hypotheses were formulated from the structured research questions. Regression and correlational analysis were used to test the hypotheses through the statistical package for Social Sciences (SPSS 18.0. The result showed that conducive work environment assists MNCs employee to be motivated at work (R2 = 0.546, at P < 0.05 and that provision of infrastructural facilities have a significant relationship on employee satisfaction (0.699, at P < 0.05. The study therefore recommends among others that that organization should see conducive environment and infrastructural development as a way of helping them to continue being in businesses rather than seeing it as a means of luxury to achieve their desires because it has been proven that infrastructural facility development has assisted in enhancing employee satisfaction.

  9. Technology transfer by multinationals

    Kostyantyn Zuzik


    The paper analyses the issue of technology transfer by multinational corporations. The following questions are explored: (a) world market of technologies, the role of MNCs (b) Choice of the technology transfer mode, Dunning's OLI-theory as a factor of the choice of the mode of transfer (c) measurement and profitability of technology transfer (d) transfer of technology through partnerships, JVs, alliances and through M&As (e) aspects of technology transfer by services multinationals. Paper uti...

  10. Subsidiary Performance In MNCs: The Influences Of Absorptive Capacity And Social Capital On Knowledge Transfer

    John Chiang


    Multinational corporation (MNC) subsidiaries have become more closely linked to globalized business networks. The rapid technological changes are accelerating globalization, these changes have forced producers to constantly upgrade their process technologies, introduce new products and reduce costs to increase profits. Subsidiary performance is at the core of increased profits for MNCs. Accordingly, this research focuses upon subsidiary performance regarding three key contingencies that curre...

  11. Sensemaking and politics in MNCs: A comparative analysis of vocabularies within the global manufacturing discourse in one industrial sector

    Geppert, M


    This article compares sensemaking processes in multinational corporations (MNCs) situated in the same industrial sector. Our comparative analysis of three MNCs and their subsidiaries in Germany and the United Kingdom aims to shed light on the contextual dimension (institutions, culture, and politics) of the sensemaking process. First, I discuss ideologies related to the discourse about global restructuring of manufacturing. Second, I compare similarities and differences in vocabularies of the...

  12. Theory of multinationals' choice of technique and locational decisions

    de Meza, D.


    A neoclassical explanation is presented of the failure of multinational corporations (MNCs) to adapt their technology in low-wage countries. MNCs are found to employ more labor-intensive techniques and pay lower wages than companies serving only domestic markets if transport and tariff costs are present. Product locational decisions are also analyzed. 6 references.

  13. Sequential Foreign Investments, Regional Technology Platforms and the Evolution of Japanese Multinationals in East Asia

    Song, Jaeyong


    IVABSTRACTIn this paper, we investigate the firm-level mechanisms that underlie the sequential foreign direct investment (FDI) decisions of multinational corporations (MNCs). To understand inter-firm heterogeneity in the sequential FDI behaviors of MNCs, we develop a firm capability-based model of sequential FDI decisions. In the setting of Japanese electronics MNCs in East Asia, we empirically examine how prior investments in firm capabilities affect sequential investments into existingprodu...

  14. Multinational corporations and corporate social responsibility in the peace building in Colombia

    Jiménez Peña, Gabriel


    This paper focuses on the role of the multinational corporations in the Colombian peace process. First a theoretical frame work is built which aims to shed light on the significance of multinationals in this process. The study then presents the specific Colombian experience with relation to the role of multinationals in the peace process. The penultimate section deals with the relation between peace, corporate social responsibility, and the UN Global Compact. Finally it offers a conclusion wi...

  15. Corporate governance and international location decisions of multinational enterprises

    Dam, L.; Scholtens, B.; Sterken, E.


    This paper analyses international location decisions of corporations based on corporate governance considerations. Using firm level data on 540 Multinational Enterprises (MNEs) with 44,149 subsidiaries in 188 countries, we test whether firms with relatively good governance standards are more often

  16. Multinational Corporations, FDI and the East Asian Economic Integration

    Tzu-Han YANG; Deng-Shing HUANG


    The phenomenon of fast-growing business activities of multinational corporations around the world has generated much interest in understanding its implications for the development of the world economy as well as the relationships among national economies. By analyzing the world's top 2000 firms published by Forbes Magazine (the Forbes Global 2000), this article first investigates the contents and structural evolution of these giant multinational firms and their relationship with national fore...

  17. The Management of Training in Multinational Corporations: Comparative Case Studies.

    Noble, Charles


    Case studies of British and Australian multinational corporations in the food and drink industry investigated how training and development are managed. Competency-based education and industry boards are important elements in both countries. Lack of a training culture in the industry and little innovation in training were observed. (SK)

  18. Current Status of Diversity Initiatives in Selected Multinational Corporations.

    Wentling, Rose Mary; Palma-Rivas, Nilda


    Interviews with eight diversity managers in multinational corporations revealed a variety of domestic and international diversity initiatives, especially in leadership and management. Formal and informal methods were used to plan them. Business unit managers were responsible for implementation. Evaluation was difficult and time consuming. (SK)

  19. The Dual Role of Multinational Corporations in Cluster Evolution

    Østergaard, Christian Richter; Reinau, Kristian Hegner; Park, Eun Kyung


    This chapter shows that multinational corporations play a dual role in cluster evolution through the case of the wireless communications cluster in Northern Denmark. On the one hand, they bring in resources to the cluster, such as financial resources, technology, knowledge, innovation networks, a...

  20. A license to mine? : Community organizing against multinational corporations

    R. Krämer (Romy)


    textabstractWhat does it mean when a corporation claims to have a ‘license to operate’ in a local community? How does a member of an indigenous tribe make it to London to protest against a multinational mining company? How do managers perceive and speak about protest against their company and how

  1. Corporate Profit Shifting and the Multinational Enterprise

    Webber, Stuart


    This dissertation analyzes ways in which Multinational Enterprises (MNEs) shift profits from one country to another to reduce their income tax expense. This is an important topic for a number of reasons. From a country’s perspective, its income tax rates and policies can have a significant impact upon its tax revenue, economic competitiveness, and the vibrancy of its economy. From the MNE’s perspective, income tax rates and policies determine a firm’s tax obligations, and thus ...

  2. How Subsidiaries Gain Power in Multinational Corporations

    Mudambi, Ram; Pedersen, Torben; Andersson, Ulf


    in multinational firms. Data collected from 2107 foreign-owned subsidiaries in seven European countries is used to test the hypotheses. The results indicate that mutual dependence and dependence imbalance provide strong explanations for subsidiary power. Furthermore, subsidiary power over strategic decisions...... in the MNC is gained through functional power, notably the possession of technological, rather than business-related, power or by the possession of both as they reinforce each other in strengthening the subsidiary's strategic power in the MNC network...

  3. Subsidiary-level determinants of global initiatives in multinational corporations

    Williams, C.


    This article examines subsidiary-level factors that promote global initiatives in MNCs. Global initiatives are a key capability of MNCs that domestic firms do not possess, yet there has been little research on how MNCs promote initiatives on a global basis. I draw principally on the knowledge-based

  4. Mobile advertising adoption by multinationals: Senior executives' initial responses

    Okazaki, Shintaro


    Purpose - Although the wireless internet attracts more and more interest from marketers and researchers, there is little empirical evidence of multinational corporations' (MNCs) adoption of pulltype mobile advertising in global markets. The aim of this study is to fill this research gap, by conducting an empirical survey of the perceptions of MNCs operating in Europe regarding SMSbased mobile advertising adoption. Design/methodology/approach - The study proposes six basic const...

  5. Corporate Language and Corporate Talk

    Zølner, Mette


    The article presents the case studies of two Danish based multinational companies (MNCs) which provides the an insight into the role of languages in organizational learning. It mentions that the studies focus on the sharing of the understanding and practices among their employees across the geogr......The article presents the case studies of two Danish based multinational companies (MNCs) which provides the an insight into the role of languages in organizational learning. It mentions that the studies focus on the sharing of the understanding and practices among their employees across...... the geographical borders by the medium of common corporate values for knowledge management, collection of data and analysis in these studies inspired by approach of ground theory and presents a usefulness of distinguishing between corporate language and talks to enable the headquarters learning. Also it concludes...... that both of the MNCs are of Danish origin but executives of both companies are proficient in English language....

  6. The environmental, social and ethical aspects of multinational corporations exploiting oil resources in Ecuador

    Newcombe, A.; Evangelio, A.; Revilla, P.


    Extraction of oil promises economic growth in many developing countries but almost inevitably brings environmental and social degradation with it. In this paper we explore the environmental, social and ethical aspects of multinational companies' (MNCs) oil exploration and production in Ecuador...... and we analyze several different protective regulatory management strategies that could help eliminate negative impacts. We use Drivers Pressures State Impacts Responses (DPSIR)-analysis to understand the interconnectivity of the current situation whereas we use stakeholder analysis to identify the most...... that MNCs disregard legal rules from their country of origin to profit from limited and ineffective environmental law in developing countries. A number of regulatory strategies exist that could resolve the situation including; the temporary banning of MNCs to extract oil, expansion of the Yasuní...

  7. Responsible tax as corporate social responsibility: the case of multinational enterprises and effective tax in India

    Muller, A.; Kolk, A.


    Anecdotal evidence often suggests that multinational enterprises (MNEs) operating in developing countries "exploit their multinationality" to avoid paying taxes to host governments. This article explores the concept of "responsible tax" as a corporate social responsibility (CSR) issue for MNEs,

  8. Multinational corporations and infectious disease: Embracing human rights management techniques.

    Salcito, Kendyl; Singer, Burton H; Weiss, Mitchell G; Winkler, Mirko S; Krieger, Gary R; Wielga, Mark; Utzinger, Jürg


    Global health institutions have called for governments, international organisations and health practitioners to employ a human rights-based approach to infectious diseases. The motivation for a human rights approach is clear: poverty and inequality create conditions for infectious diseases to thrive, and the diseases, in turn, interact with social-ecological systems to promulgate poverty, inequity and indignity. Governments and intergovernmental organisations should be concerned with the control and elimination of these diseases, as widespread infections delay economic growth and contribute to higher healthcare costs and slower processes for realising universal human rights. These social determinants and economic outcomes associated with infectious diseases should interest multinational companies, partly because they have bearing on corporate productivity and, increasingly, because new global norms impose on companies a responsibility to respect human rights, including the right to health. We reviewed historical and recent developments at the interface of infectious diseases, human rights and multinational corporations. Our investigation was supplemented with field-level insights at corporate capital projects that were developed in areas of high endemicity of infectious diseases, which embraced rights-based disease control strategies. Experience and literature provide a longstanding business case and an emerging social responsibility case for corporations to apply a human rights approach to health programmes at global operations. Indeed, in an increasingly globalised and interconnected world, multinational corporations have an interest, and an important role to play, in advancing rights-based control strategies for infectious diseases. There are new opportunities for governments and international health agencies to enlist corporate business actors in disease control and elimination strategies. Guidance offered by the United Nations in 2011 that is widely embraced

  9. Corporate real estate strategies - a multinational approach

    Ferreira, Pedro Manuel Costa dos Reis


    A Work Project, presented as part of the requirements for the Award of a Masters Degree in Management from the NOVA – School of Business and Economics CRE strategies have proved to contribute to the creation of competitive advantages by integrating corporate value and the organizational culture across multi-locations. CRE strategies also facilitate attracting and retaining best talent. Through a qualitative research method of case study, this paper examines the impact of change...

  10. "HIV is irrelevant to our company": everyday practices and the logic of relationships in HIV/AIDS management by Japanese multinational corporations in northern Thailand.

    Michinobu, Ryoko


    Multinational corporations (MNCs) are important participants in workplace initiatives on HIV/AIDS as they collaborate with international organizations to globally promote various policies and guidelines. To date, MNCs have enacted the majority of such initiatives in North America, Europe and South Africa, but we have little information on how MNCs elsewhere, especially in Japan, have responded to the issue of HIV/AIDS in the workplace. This study examines the actual on the ground situation of HIV/AIDS management in Japanese MNCs, specifically investigating everyday corporate practices in the context of internal interactions and relationships and the resulting practices and outlook concerning HIV/AIDS. It is based on a secondary analysis of ethnographic case studies conducted in 10 Japanese-affiliated companies in northern Thailand. Japanese managers, Thai managers and ordinary Thai workers all considered HIV/AIDS to be "irrelevant" to their company and/or themselves. HIV/AIDS measures in the companies were limited to provision of information. This perception and management of HIV/AIDS developed from their everyday interactions governed by the logic of relationships in the companies. In these interactions, they categorized others based on their ascriptive status, primarily based on class, ethnicity and nationality. They sought scapegoat groups that were lower than them in the class- and ethnicity/nationality-based hierarchical system, and cast the risk of HIV infection upon the scapegoat groups, thus reducing their own sense of risk. The paper shows that the relational logic, not ideals or principles, influences their views of and actions concerning HIV/AIDS management in the companies. This is why Japanese companies are unable to deal with HIV/AIDS in terms of international policies and guidelines that are based on the logic of human rights and the logic of business principles. The results suggest a need for international policymakers to pay more attention to

  11. MNCs in Denmark and the UK

    Navrbjerg, Steen Erik; Marginson, Paul


    Multinational companies (MNCs) have more opportunities than ever to forum shop and choose between different market systems - including different industrial relations (IR) systems. When an MNC choose to engage in a certain country, it also becomes an actor in the country's labor market system. MNCs...... are often quite large companies, and hence they can become significant players, potentially affecting the existing balances between the social partners. The question is whether MNCs adapt to the host country's labor market system (host country effect) - or if they seek in various ways to change the host...... to determine the employment relations. Quite the opposite to the UK, where trade unions are weak and where collective bargaining is far less widespread. Further analyses show that MNCs originating from liberal market economies (especially the US) acts differently in the two countries; in the UK they tend...

  12. Road safety perspectives among employees of a multinational corporation in urban India: local context for global injury prevention.

    Jacoby, Sara F; Winston, Flaura K; Richmond, Therese S


    In rapidly developing economies, like urban India, where road traffic injury rates are among the world's highest, the corporate workplace offers a non-traditional venue for road safety interventions. In partnership with a major multinational corporation (MNC) with a large Indian workforce, this study aimed to elicit local employee perspectives on road safety to inform a global corporate health platform. The safety attitudes and behaviours of 75 employees were collected through self-report survey and focus groups in the MNC offices in Bangalore and Pune. Analysis of these data uncovered incongruity between employee knowledge of safety strategies and their enacted safety behaviours and identified local preference for interventions and policy-level actions. The methods modelled by this study offer a straightforward approach for eliciting employee perspective for local road safety interventions that fit within a global strategy to improve employee health. Study findings suggest that MNCs can employ a range of strategies to improve the road traffic safety of their employees in settings like urban India including: implementing corporate traffic safety policy, making local infrastructure changes to improve road and traffic conditions, advocating for road safety with government partners and providing employees with education and access to safety equipment and safe transportation options.

  13. HRM and IR in Multinational Corporations in Denmark

    Navrbjerg, Steen Erik; Minbaeva, Dana


    As multinational corporations operate in multiple countries, headquarters must take into account differences in local settings when seeking the means to coordinate and control subsidiaries. The local system of industrial relations sets the framework for what kind of human resource management......, that a shift from a stakeholder to a shareholder management style and an increased degree of HQ control have an effect on the whole cooperative atmosphere in each of the companies. In the long run, they may affect the collective bargaining system as such....

  14. A license to mine?: Community organizing against multinational corporations

    Krämer, Romy


    textabstractWhat does it mean when a corporation claims to have a ‘license to operate’ in a local community? How does a member of an indigenous tribe make it to London to protest against a multinational mining company? How do managers perceive and speak about protest against their company and how does this discourse matter for social movement repression? First, I argue, based on a literature review, that responsiveness to local community needs has become an important factor influencing the ab...

  15. Econometric Study of the Relationship between Dimensions of Corporate Responsibility in the Multinational Companies

    Grosu Maria


    Corporate Responsibility, seen as a fundamental principle of corporate governance, aims contribution must have companies in the development of the modern society. Although it is widely discussed in the literature, the association of corporate responsibility - multinationals assumes, that the globalization of business, multinational companies are ones that have to initiate socially responsible actions, in order to meet changing requirements interest of more sophisticated. Most studies focused ...

  16. Human rights and global business: the evolving notion of corporate civil responsibility

    Bachmann, Sascha-Dominik


    Global market participation of corporations often leads to a conflict of duties: the duty to its customers and shareholder to “do business” vs. the duty to protect the populations affected by these business operations. Today, in a reality where gross human rights violations are not only committed by states and individuals but increasingly by multinational corporations (MNCs) by aiding and abetting the actual perpetrators in the states where MNCs operate, the global recession has aggravated th...

  17. Taxation of Multinational Enterprises in a Global Market: Moving to Corporate Tax 2.0?

    Wilde, Maarten


    textabstractHow countries tax the profits of multinational enterprises has become hopelessly outdated. The recent OECD/G20 Base Erosion and Profit Shifting Project has left the existing international corporate taxation framework essentially intact. Perhaps it is time to consider a truly fundamental reform of corporate tax systems, i.e. Corporate Tax 2.0.

  18. Multinationals' accountability on sustainability: the evolution of third-party assurance of sustainability reports

    Perego, P.; Kolk, A.


    In this article we explore how multinational corporations (MNCs) adopt assurance practices to develop and sustain organizational accountability for sustainability. Using a panel of Fortune Global 250 firms over a period of 10 years, we document the diffusion patterns of third-party assurance of

  19. Corporate Social Responsibility in Supply Chains of Global Brands: A Boundaryless Responsibility? Clarifications, Exceptions and Implications

    Amaeshi, K.; Nnodim, P.; Osuji, O.


    Corporate social responsibility (CSR) is increasingly becoming a popular business concept in developed economies. As typical of other business concepts, it is on its way to globalization through practices and structures of the globalized capitalist world order, typified in Multinational Corporations (MNCs). However, CSR often sits uncomfortably in this capitalist world order, as MNCs are often challenged by the global reach of their supply chains and the possible irresponsible practices inher...

  20. Corporate governance and international business: Essays on multinational enterprises, ownership, finance and institutions

    Rygh, Asmund


    This is an article based doctoral dissertation. Due to copyright matters, the attached pdf file only contains the mantel. This Thesis contributes to the literature on corporate governance in international business, with a focus on corporate ownership, corporate finance and institutions. It consists of five theoretical and empirical studies. Three studies focus on corporate ownership and consider, respectively, whether state ownership shields multinational enterprises (MNEs) from host-c...

  1. Embedding human rights within a multinational company: The case of the international energy company Royal Dutch Shell

    E.M.J. Schouten (Esther)


    textabstractThe first chapter of this dissertation introduces the context, relevance and focus of this research. In sections 1.1 to 1.3, the importance of multinational corporations (MNCs) in globalisation, the universality of human rights and the impact of business on human rights issues are

  2. "Political" Corporate Social Responsibility in Small and Medium-sized Enterprises: A Conceptual Framework

    Wickert, C.M.J.


    “Political” corporate social responsibility (CSR) involves businesses taking a political role to address “regulatory gaps” caused by weak or insufficient social and environmental standards and norms. The literature on political CSR focuses mostly on how large multinational corporations (MNCs) can

  3. Transnational corporations from Asian developing countries: The internationalisation characteristics and business strategies of Sime Darby Berhad

    Ahmad, S.Z.; Kitchen, P.J.


    There is limited empirical research on the internationalisation processes, strategies and operations of Asian multinational corporations (MNCs), particularly MNC’s based in Malaysia. The emergence and development of an MNC from this developing country represents a significant addition to the literature on this topic which augments and supplements the information already available with regard to nascent MNCs from Asian Newly Industrialised Countries (NIC’s). Drawing on primary data from in-dep...

  4. Multinational corporations and health care in the United States and Latin America: strategies, actions, and effects.

    Jasso-Aguilar, Rebeca; Waitzkin, Howard; Landwehr, Angela


    In this article we analyze the corporate dominance of health care in the United States and the dynamics that have motivated the international expansion of multinational health care corporations, especially to Latin America. We identify the strategies, actions, and effects of multinational corporations in health care delivery and public health policies. Our methods have included systematic bibliographical research and in-depth interviews in the United States, Mexico, and Brazil. Influenced by public policy makers in the United States, such organizations as the World Bank, International Monetary Fund, and World Trade Organization have advocated policies that encourage reduction and privatization of health care and public health services previously provided in the public sector. Multinational managed care organizations have entered managed care markets in several Latin American countries at the same time as they were withdrawing from managed care activities in Medicaid and Medicare within the United States. Corporate strategies have culminated in a marked expansion of corporations' access to social security and related public sector funds for the support of privatized health services. International financial institutions and multinational corporations have influenced reforms that, while favorable to corporate interests, have worsened access to needed services and have strained the remaining public sector institutions. A theoretical approach to these problems emphasizes the falling rate of profit as an economic motivation of corporate actions, silent reform, and the subordination of polity to economy. Praxis to address these problems involves opposition to policies that enhance corporate interests while reducing public sector services, as well as alternative models that emphasize a strengthened public sector

  5. Competitive Advantage and the Existence of the Multinational Corporation

    Geisler Asmussen, Christian; Foss, Nicolai Juul


    This article provides a counterpoint to Hashai and Buckley's article ‘Is competitive advantage a necessary condition for the emergence of the multinational enterprise?’ We agree with their conclusion that it is, in fact, not a necessary condition, but argue that the theoretical reasons behind thi...

  6. Winds of change: corporate strategy, climate change and oil multinationals

    Kolk, A.; Levy, D.L.


    Behind pessimistic expectations regarding the future of an international climate treaty, substantial changes can be observed in company positions. Multinationals in the oil and car industries are increasingly moving toward support for the Kyoto Protocol, and take measures to address climate change.

  7. Social Risk and the Management of MNCs

    Taarup Esbensen, Jacob


    Multinational companies (MNCs) are increasing being exposed to risk that originate from local communities in the business environment where they operate. The response has been to implement systems for stakeholder engagement by including social issues into their risk management systems. However......” systems, which are based on the capability to identify frames and sensemaking processes. This paper show how social risk management can be conventionalised using distinct theoretical domains taking its outset in a sociological perspective on risk, linking International Business (IB) risk management...

  8. Multinational Corporations and British Labour: A Review of Attitudes and Responses.

    Gennard, John

    Multinational corporations operating in Great Britain, specifically American industry, are arousing fears on the part of British labor, which can be grouped into these categories: (1) a threat to the job security of union members, (2) a change in the balance of power at the collective bargaining table in favor of the employers, (3) a clash of…

  9. Taxation of Multinational Enterprises in a Global Market: Moving to Corporate Tax 2.0?

    M.F. de Wilde (Maarten)


    textabstractHow countries tax the profits of multinational enterprises has become hopelessly outdated. The recent OECD/G20 Base Erosion and Profit Shifting Project has left the existing international corporate taxation framework essentially intact. Perhaps it is time to consider a truly fundamental

  10. Poverty alleviation as business strategy? Evaluating commitments of frontrunner Multinational Corporations

    Kolk, A.; van Tulder, R.


    In the debate on how to combat poverty, the positive role of MNCs is frequently mentioned nowadays, although doubts and criticism remain. Facing this societal debate, MNCs feel pressure to formulate a position. This paper analyzes MNCs' policies on their poverty-alleviating potential. 'Frontrunner'

  11. Three Lenses on the Multinational Enterprise: Politics, Corruption and Corporate Social Responsibility.

    Peter Rodriguez; Donald S. Siegel; Amy Hillman; Lorraine Eden


    Scholars who analyze multinational enterprises (MNEs) recognize the complex relationship between international business (IB) and society. However, compared with other IB topics, research on politics, corruption and corporate social responsibility – ‘three lenses’ on the MNE – remains somewhat embryonic, with unresolved issues regarding frameworks, measurement, methods, and theory. This presents unique opportunities for integration and extension of disciplinary perspectives, which we explore i...

  12. Quality of environmental disclosure by multi-national oil companies: a corporate governance perspective

    Babatunde, A.


    Over the past few years, concern about the issue of environmental sustainability\\ud has increased considerably. Closely linked to this concern is the growing disquiet\\ud over the increasing pervasiveness of multi-national companies, especially oil\\ud companies, in shaping global politics and economics. Consequently, increased\\ud awareness about the environment has led to calls for better management of global\\ud resources and for ways in which to make the corporations that benefit the most\\ud ...

  13. Role of Multinational Corporations in Automobile Industries: A Comparative Study Between India and Mexico

    Ganesh Babu Kumaran


    Full Text Available Role of Multinational Corporations ( MNC’s in developing countries is not new in the arena of International business and global macroeconomics. One of the most significant economic developments of recent decades is the economic LPG process (Liberalisation, Privatisation and Globalisation is reflected in the rapid growth in international trade and the surge in Foreign Direct Investment (FDI. This process is to a large extent driven by new investments from multinational corporations. A rapidly growing share of MNC’s in India and Mexico in last decade was evident in various sector and in particular to automobile sector. Multinational Corporations are seeking to exploit the vast but also precarious market potentials in these emerging economies. Simultaneously, India and Mexico are increasingly embarking on economic development strategies aimed at attracting MNC’s Foreign Direct Investment as a means to access technology, capital, organizational and marketing know how, etc. This study does comparative analyses on the performance of automobile sector in India and Mexico, mainly in passenger car and Utility vehicles sector. It examines the impact and the role of MNC’s in these economies since 1990’s, with derived empirical quantitative and qualitative data analysis that would illustrate and reinforce some of the contemporary status.




    Full Text Available In the near future, multinational companies should play a crucial role in supporting and developing a responsible corporate behavior from social, as well as ecological point of view, within the globalization framework. Thus, the process of globalization and liberalization of markets, of goods and services, must be accompanied by the real progress towards an effective system of global governance, with its own social and environmental dimensions. The paper dwells upon the diagnosis of the current state of corporate social responsibility within the international business environment, substantiated on the basis of a study carried out in 2010 by the American scientific and professional organization Business for Social Responsibility (BSR.

  15. Sustainability, accountability and corporate governance: Exploring multinationals' reporting practices

    Kolk, A.


    Recent years have seen a rapid increase in accountability pressures on particularly large global companies. The increased call for transparency comes from two different angles, which show some (potential) convergence in terms of topics and audiences: accountability requirements in the context of corporate governance, which expand to staff-related, ethical aspects; and sustainability reporting that has broadened from environment only to social and financial issues. This article examines to wha...

  16. The strategic decisions and success factors of the global integration-local responsiveness of Japanese MNCs in China

    MAO Yunshi; WANG Jiancheng


    This article applies Foreign Direct Investment (FDI) theories to the strategic management analysis of the global integration-local responsiveness of multinational corporations (MNCs) in China, from the perspective of company characteristics (ownership advantages and internalization advantages) and environmental dynamics (locational factors) in order to analyze the success factors influencing the sales activities of Japanese MNCs in China. Based on the analysis of a survey conducted on 230 Japanese parent companies with investments in China, the empirical research findings include: Japanese MNCs in China favor global integration strategies; the more significant the ownership advantages and internalization advantages are, the greater the global integration is; the success factors of their operations in China due to global integration are present in manufacturing know-how, procurement of parts and supplies, financial power, previous investment experience in China as well as sales networks and technologies; locational advantages mainly lie in labor cost among other things; internalization factors do not have any significant correlation with the success and performance of the subsidiary company.

  17. Aggressive International Tax Planning by Multinational Corporations: The Canadian Context and Possible Responses

    Brian J. Arnold


    Full Text Available Aggressive international tax planning by multinational corporations has lately fallen under intense political scrutiny. U.S. politicians have called out some American multinationals, including Apple, Amazon, Starbucks and Google, for relocating profits abroad to avoid American taxes. More recently, politicians accused Burger King of being unpatriotic for its own purported “tax inversion” maneuver, in which it would acquire Canada’s Tim Hortons and shift the head office from Florida to Ontario, benefitting from the lower northern tax rates. The Chicago-based Walgreens pharmacy chain recently backed off a “tax inversion” plan to relocate to Switzerland (the former headquarters of Alliance Boots, a company acquired by Walgreens, apparently having assessed the political risk as too high. This sort of aggressive international tax planning by multinational corporations was what G20 members had committed to fighting against when they endorsed the OECD’s “action plan” against base erosion and profit shifting (BEPS. Canada has been vigilant about improving its tax framework to prevent non-resident corporations from eroding the Canadian tax base, having enacted thin-capitalization rules and, more recently, foreign-affiliate-dumping rules, as well as proposing anti-treaty-shopping measures. But despite Canada’s commitment to the OECD’s BEPS Action Plan, the Canadian government has been reluctant to follow through on implementing rules that might affect its own resident corporations and their international competitiveness. This is most notably visible in the generous participation exemption for dividends from foreign affiliates, the absence of rules restricting the deductibility of interest expenses incurred to earn exempt dividends from foreign affiliates. Canada may be reluctant to fully follow through on all aspects of the OECD’s BEPS Action Plan. As the examples of Apple, Amazon, Google and Starbucks demonstrate, the American

  18. Why do corporate codes of conduct fail? Women workers and clothing supply chains in Vietnam

    Hoang, Dong; Jones, Bryn


    Despite criticisms of their derivation and implementation, corporate codes of conduct (CoCs) continue to dominate debates on Corporate Social Responsibility and the informal regulation of worker exploitation and abuse by 'sweatshops' supplying northern multinational corporations (MNCs). Through analytical interrogation of existing literature and empirical evidence from Vietnamese case studies, two propositions are made to clarify the poor performance of CoCs. It is argued, firstly, that the e...

  19. Multinationals' accountability on sustainability: the evolution of third-party assurance of sustainability reports

    Perego, P.; Kolk, A.


    In this article we explore how multinational corporations (MNCs) adopt assurance practices to develop and sustain organizational accountability for sustainability. Using a panel of Fortune Global 250 firms over a period of 10 years, we document the diffusion patterns of third-party assurance of sustainability reports. We specifically investigate how evolving auditing practices, namely diversity of assurance standards and type of assurance providers, shape the quality of sustainability assuran...

  20. Expanding educational access and opportunities: The globalization and foreign direct investment of multinational corporations and their influence on STEM, project-based learning and the national science and technology fair in schools in Costa Rica

    Valdez, Joaquin G.

    The purpose of this qualitative study was to examine the influence of globalization and the foreign direct investment (FDI) of multinational corporations (MNCs) on the curriculum in schools in Costa Rica. The study focused primarily on Science, Technology, Engineering and Mathematics (STEM), Project-Based Learning (PBL), 21st century skills, and the national science and technology fair. The high influx of MNCs such as Intel has changed the global and educational culture of the country increasing the number of knowledge-based workers in Costa Rica. As a result, policy changes have been instituted in education to mirror the demands of sustaining the country's global economy. This study was supported by the creation of three research questions that would attempt to answer 1) the extent that teachers implementing STEM curriculum trace their practices back to policy, globalization, and multinational corporations as well as the extent to which the economic growth of Costa Rica and STEM education are related, 2) how mandating the national science and technology fair has influenced 21st century skills through project-based learning and the use of technology by teachers and its impact on curriculum and instruction, and 3) how has the national science and technology fair policy changed the value of STEM education for students, teachers, and educational leaders. To further understand the outcome of this study, four theoretical frameworks were applied that included, Spring's theory of world educational culture, Friedman's world flatteners, Wagner's 21st century skills and partnerships for 21st century skills, and Slough and Milam's STEM project-based learning theoretical framework. Each framework was applied to support the changes to the educational system; survival skills necessary to compete in the global job market; application of 21st century skills in the classroom and in the science projects students created. A research team comprised of 14 doctoral students, led by Dr

  1. Knowledge Transfer in Product Development: an Analysis of Brazilian Subsidiaries of Multinational Corporations

    Dusan Schreiber


    Full Text Available Several studies about knowledge transfer in multinational corporations have found that the process is influenced by factors such as absorptive capacity, tacit knowledge and power relations, all of which impact knowledge sharing strategies between corporate headquarters and foreign subsidiaries. A multiple case study of Brazilian subsidiaries of three multinational corporations using in-depth interviews, based on a conceptual model consisting of four propositions, was conducted to identify factors linked to the knowledge transfer process and to assess their influence on that transfer. The first proposition tries to assess explicit knowledge, primarily through the use of IT tools; the second analyzes the role of the subsidiary within the corporate network and how it influences the degree of knowledge sharing. The third assesses the influence of subsidiary absorptive capacity and the fourth analyzes the impact of worker exchange programs on knowledge sharing between headquarters and foreign subsidiaries. Study results confirm the four propositions and enable the identification of relationships between factors, especially explicit knowledge and worker expatriation as complementary factors in knowledge transfer strategies.


    Paul-Bogdan Zamfir


    Full Text Available The phenomenon of transnationalisation and multinationalisation evokes just the differences between the two types of corporations. It can be said that a transnational company is above geographical boundaries, wich from the perspective of revolutionary technological communications and transport have been dimmed, but above the borders represented by language, culture, mentalities and technology. The transnational company operates spot transactions because it is listed on the various first rank Stock Exchanges and the financial, technical, image and brand results recorded by this, are public information that it is measuring the success or unsucces of the transnationalisations phenomenon. By comparison, the multinational company is listed either at stock exchanges of secondary importance, or it is a group or family bussines which has the active abroad. At the same time the multinational corporations effectively produce without to generate significant resources for the development of it's own research activities, so, having failed to impose an uniform structure and culture regardless of the assets location. Another significant difference is at the financing access. The transnational company is standing in attention of the rating firms having a low-risk investment that it allows to access the financing at low cost. In most cases, multinational society has limited financial funding in the country of origin, sometimes exclusive relying on the raised funds of the branches which it controls.

  3. The capitalization of knowledge in the multinational corporation. The strategy and role of national subsidiaries

    Claver Cortes, E.; Carmen del Zaragoza Saez, P.; Quer Ramon, D.


    The increasing globalization and the importance of knowledge as a strategic resource are leading to the companies to cross the nacional borders and establish subsidiaries in the foreign countries when they try to transfer assets highly tacit and difficult to codify. The present work tries to contribute to light in the existing relation between knowledge and the multinational corporation, analyzing the flows of this resource and proposing a theoretical frame to identify gaps of knowledge that could be originated based on the chosen international competitive strategy. (Author) 43 refs

  4. A Human Resources Perspective on Responsible Corporate Behavior. Case Study: The Multinational Companies in Western Romania

    Ciprian Obrad


    Full Text Available This article aims to show the extent to which socially responsible Human Resource Management practices are implemented in multinational companies. As more recent studies highlight, the manner in which companies in Romania presently comprehend the social responsibility of their actions is mostly aimed towards the social component of the outer environment in which they function and less towards their own employees. In Romania, at the moment, there are only a few studies that catalogue the efforts made by companies in order to become more responsible towards their employees, or in other words, studies that present Corporate Social Responsibility (CSR within its relationship with Human Resources Management (HRM. The research method we used for our case study was the semi-structured interview, applied on 32 respondents from the multinational companies carrying out their activities in the automotive sector in western Romania. Our study shows that multinational companies from the automotive sector are aware that CSR effects a series of long-term advantages, either externally—enhancing the company’s reputation and consolidating its brand as employer, its competitive advantage on the market, its media visibility—or internally—fostering an organizational culture that may generate greater engagement from its own employees, and financial advantages.




    Full Text Available In recent years, the most visible feature of globalization was the new trend of the capital flow which moves from the stage of nternalization to the stage of transnationalization. The decisive factor that led to this development was the trans-nationalization of production/ distribution networks by multinational companies (MNCs. MNCs, which are also frequently referred to as transnational corporations (TNCs, are conglomerate organizations which carry out multiple and diverse economic activities and they consists of a parent company and a large number of subsidiaries operating in various countries of the world. Japan has been worthy of note on the international business scene not only by the high competitiveness of its companies on the global markets, but especially through the transnationalization of the activities of these enterprises, a process which has resulted in the implementation, via Foreign Direct Investments (FDI of Japanese production units abroad, with significant positive impact both on the global economy and on the domestic economy. A great number of empirical studies since the mid-1990s, using firm-level data, have shown that multinational companies (MNCs dominate today the Japanese business environment. The paper puts together the findings of some interesting working papers published by Japanese researchers in recent years, trying to provide a scientific answer to the following question: “In what way do FDI undertaken by MNCs influence the level of performances achieved by Japanese companies at home?” The conclusion is that FDI and the activity carried out by Japanese MNCs abroad have indubitable positive effects on both countries and firms involved - such as raises in production, employment and productivity at firms’ level or increases in competition intensity among firms, improvements in real wage and welfare at macroeconomic level.

  6. Strategi Starbucks Corporations Dalam Membawa Pengaruh Waves of Coffee Culture Di Jepang Tahun 2005

    Nizmi, Yusnarida Eka; Hadane, Fijria Putri


    This research exexplains about starbucks corporation strategy to bring the influence of waves of coffee culture in Japan. Starbucks is a Multinational Corporations (MNCs) of the United States which has 1,034 outlets across Japan. Starbucks entered Japan in 1995 and took a local Japanese company that is Sazaby Inc. in their efforts to enter the Japanese market and to determine the market appetite in Japan. Starbucks set up many stores in major urban centers in Japan as an attempt to facilitate...

  7. There is nothing that can replace a personal relationship - Practicing Intercultural Competence in German Multinational Corporations in Australia

    Blumberg, Sandra (MA)


    This PhD thesis examines how work in the Australian subsidiaries of German multinational corporations is affected by cultural diversity. The investigation focuses on employee experiences, the salience of culture in different contexts, belonging and identity formation, as well as the impact of the corporate environment on transcultural communication. The study aims to strengthen collaboration in the subsidiaries under investigation and their partnership with the overseas parent company. I...

  8. Global Standardization or National Differentiation of HRM Practices in Multinational Companies?

    Edwards, Tony; Sanchez-Mangas, Rocio; Jalette, Patrice


    Drawing on a dataset constructed from a parallel series of nationally representative surveys of multinational companies (MNCs), we compare the performance management (PM) practices of MNCs in the UK, Ireland, Canada, Spain, Denmark and Norway. In each country we analyze data relating to MNCs from...

  9. Workplace violence investigations and activation of the threat management teams in a multinational corporation.

    Peek-Asa, Corinne; Casteel, Carri; Rugala, Eugene; Romano, Steve; Ramirez, Marizen


    We examined threat management investigations conducted by a large multinational company. The company provided a database, removing any identifiers, of investigations by the corporate Threat Management Teams in 2009 and 2010. Rates were calculated using worker population data. During the 2-year study period, the company investigated threat management cases at a rate of 13.9 per 10,000 employees per year. Cases that activated a Threat Management Team were more likely to lead to corrective action (odds ratio = 2.0; 95% confidence interval = 1.08 to 3.87) and referral to the Employee Assistance Program (odds ratio = 4.8; 95% confidence interval = 3.00 to 7.77), but were not related to likelihood of termination. When the multidisciplinary teams were involved, cases were more likely to result in some type of action but were not more likely to lead to termination.

  10. Transfer Mispricing as an Argument for Corporate Social Responsibility

    Asongu, Simplice; Nwachukwu, Jacinta C.


    This article presents a case for transfer mispricing as an argument for Corporate Social Responsibility (CSR). The argument builds on the position that in order to compensate for potential loss of brand image and reputation, Multinational Companies (MNCs) would be more socially responsible when they are operating in countries where the legislation and laws in place are not effective at identifying and sanctioning transfer mispricing. We first discuss the dark side of transfer pricing (TP), ne...

  11. Corporate social responsibility in global health: an exploratory study of multinational pharmaceutical firms.

    Droppert, Hayley; Bennett, Sara


    As pharmaceutical firms experience increasing civil society pressure to act responsibly in a changing globalized world, many are expanding and/or reforming their corporate social responsibility (CSR) strategies. We sought to understand how multinational pharmaceutical companies currently engage in CSR activities in the developing world aimed at global health impact, their motivations for doing so and how their CSR strategies are evolving. We conducted a small-scale, exploratory study combining (i) an in-depth review of publicly available data on pharmaceutical firms' CSR with (ii) interviews of representatives from 6 firms, purposively selected, from the highest earning pharmaceutical firms worldwide. Corporate social responsibility differed for each firm particularly with respect to how CSR is defined, organizational structures for managing CSR, current CSR activities, and motivations for CSR. Across the firms studied, the common CSR activities were: differential pharmaceutical pricing, strengthening developing country drug distribution infrastructure, mHealth initiatives, and targeted research and development. Primary factors that motivated CSR engagement were: reputational benefits, recruitment and employee satisfaction, better rankings in sustainability indices, entrance into new markets, long-term economic returns, and improved population health. In terms of CSR strategy, firms were at different points on a spectrum ranging from philanthropic donations to integrated systemic shared value business models. CSR is of increasing importance for multinational pharmaceutical firms yet understanding of the array of CSR strategies employed and their effects is nascent. Our study points to the need to (i) develop clearer and more standardized definitions of CSR in global health (2) strengthen indices to track CSR strategies and their public health effects in developing countries and (iii) undertake more country level studies that investigate how CSR engages with

  12. Multinational corporations, the politics of the world economy, and their effects on women's health in the developing world: a review.

    Hippert, Christine


    Presently, globalization and the world economy maintain power relations that hamper the economic integrity and the political autonomy of the developing world. My paper addresses specific economic conditions that perpetuate poverty and poor health. I examine multinational corporations and their effects on women's health, particularly in Mexico and parts of Asia. The advent of multinational corporate business in Mexico, Malaysia, Philippines, India, and Indonesia has led to increased poverty and human rights abuses. Women bear the brunt of this because of specific international economic arrangements and their low social status, both locally and globally. As a result, their physical, mental, and emotional health is suffering. Solutions to these health problems have been proposed on multiple levels: international top-down approaches (i.e., employing international protectionist regulatory standards, exposing multinationals who infringe on their workers' human rights), as well as local grassroots organizational campaigns (i.e., conducting informational human rights workshops for factory workers). Ultimately, the answers lie in holding corporations accountable to their laborers while developing countries maintain their comparative advantage; this is the only way women's health will improve and the developing world can entice corporate investment.

  13. Multinational Corporations and Foreign Direct Investments in Romania. Effects on the Romanian Trade

    Catana Adina Mihaela


    Full Text Available This paper focuses on the study of transnational corporations and their business development through foreign direct investments made in other countries, mostly greenfield type countries. The objective of this paper is to determine the impact of these companies enlargement on the Romanian retail market, especially on the consumer goods market. Transnational companies have experienced a very dynamic economic growth, enjoying success at first in their country and then expanding to other countries. As independent players on the international market, multinational corporations are becoming more and more powerful every day. Most of these companies record annual sales of ten million dollars each. The most important aspect of business globalization is the interdependence between national economies. In this process, Foreign Direct Investments have an important role, given the fact that the internal resources are not enough to ensure the development and support of businesses hence the need to obtain external resources. Generally, FDI have a strong training effect both in the national and global economy, providing the replacement and modernization of techniques and technologies, increasing production and supply of goods, improving their quality and competitiveness, creating new jobs and growing the quality of life. Thus, each national economy is building its economic development strategy in which investments have a predominant role. Foreign Direct Investment is a major driver of globalization that characterizes the modern economy. Increasing of Foreign Direct Investment flows, accompanied by the increasing of the portfolio investments, highlights the major role played by transnational corporations, especially in developing economies and transition economies. The most important areas in which FDI was made in Romania are: financial intermediation and insurance, trade, construction and real estate, information technology and communication. The entering of

  14. The Effects of Globalisation on Corporate Communication

    Sanden, Guro Refsum

    One important effect of globalisation for the multinational corporation (MNC) is the increasing diversity of the workforce, which becomes clear through the variety of different language backgrounds found among employees at all levels of the organisation. In order to overcome the linguistic barriers...... presented by the multilingual workforce, MNCs may try to implement various language policies or strategies to regulate the internal communicative environment, for example by adopting a common corporate language, or deploy language management tools such as language training for employees or use...

  15. The representation of expatriates in the corporate governance of subsidiaries of multinational companies: A study from the Czech Republic

    Lenka Komarkova


    Full Text Available The issue of the representation of expatriates in the corporate governance of subsidiaries of multinational companies is currently a much debated and yet relatively under-researched topic within the academic community. In connection with the transformation of the economy which has taken place and the activity of multinational companies in CEE countries, there have been discussions about the effect of expatriates on the output and efficiency of the corporate governance of subsidiaries. The main aim of the research carried out was to describe and analyze the representation of expatriates in the exercise of corporate governance in subsidiaries of multinational companies operating in the Czech Republic (CR. The objective of the research was to survey the representation of expatriates in MNC subsidiaries with respect to various characteristics of the subsidiary such as the country where its head office is located (country of headquarters, the size of the subsidiary and the legal form. Using statistical analysis of dependencies, a different representation of expatriates in relation to the legal form of the MNC subsidiary was demonstrated. The size of the subsidiary, measured by the number of employees, also plays a role here. The presence of an expatriate was not demonstrated to have an effect on the financial performance of an MNC subsidiary.

  16. The end of corporate imperialism.

    Prahalad, C K; Lieberthal, Kenneth


    As they search for growth, multinational corporations will have no choice but to compete in the big emerging markets of China, India, Indonesia, and Brazil. But while it is still common to question how such corporations will change life in those markets, Western executives would be smart to turn the question around and ask how multinationals themselves will be transformed by these markets. To be successful, MNCs will have to rethink every element of their business models, the authors assert in this seminal HBR article from 1998. During the first wave of market entry in the 1980s, multinationals operated with what might be termed an imperialist mind-set, assuming that the emerging markets would merely be new markets for their old products. But this mind-set limited their success: What is truly big and emerging in countries like China and India is a new consumer base comprising hundreds of millions of people. To tap into this huge opportunity, MNCs need to ask themselves five basic questions: Who is in the emerging middle class in these countries? How do the distribution networks operate? What mix of local and global leadership do you need to foster business opportunities? Should you adopt a consistent strategy for all of your business units within one country? Should you take on local partners? The transformation that multinational corporations must undergo is not cosmetic--simply developing greater sensitivity to local cultures will not do the trick, the authors say. To compete in the big emerging markets, multinationals must reconfigure their resources, rethink their cost structures, redesign their product development processes, and challenge their assumptions about who their top-level managers should be.

  17. Multinational corporations and economic nationalism: conflict over resource development in Canada

    Laux, J K [Univ. of Ottawa; Molot, M A


    Faced with rising Third World nationalism, multinational corporations engaged in resource exploitation are turning back to higher-cost but apparently politically more-secure investments in the industrialized states. To what extent does the dynamic of government/resource industry relations in an industrialized setting differ from the pattern observed in the Third World. To answer this question the article analyses the decision to nationalize the potash industry in the Canadian province of Saskatchewan using models of host government--MNC conflict developed by Vernon, Mikesell, and Moran to study Third World cases. The research suggests that the dynamic logic of government/industry conflict in a developed country setting is very similar to the pattern observed in the Third World. The decentralized Canadian federation, the ideology of the party in power in Saskatchewan, and the nature of the potash industry combine to structure a situation in which coercive nationalization of a resource industry was seen as the only policy option. 64 notes and references.

  18. Organizing for Spaces and Dynamics of Multipolar Learning in Multinational Corporations

    Hull Kristensen, Peer; Lotz, Maja

    Limited research has been conducted on how MNCs organize conditions and spaces for recursive learning to facilitate the practice of innovation across dispersed units as well as how organizational members at all levels may become involved in innovations through the engagement in ongoing multipolar...... learning dynamics. Based on longitudinal case studies in two MNCs this paper contributes with insights into how spaces and dynamics of multipolar learning are organized and governed across dispersed MNC units at the micro level of everyday work practices. The paper shows that it is possible to organize...... spaces and dynamics that can organize recursiveness and continuity in multipolar learning by way of experimentation with new coordination components and governance architectures. Against the previous literature, however, it becomes evident that these are not the outcome of spontaneous interactions...

  19. Constitutional orders in multinational firms

    Hull Kristensen, Peer; Morgan, Glenn

    Multinationals are faced with the problem of how to coordinate different actors and stop `fiefdoms' emerging that inhibits the achievement of transnational cooperation? We identify this as a problem of `constitutional ordering' in the firm. Drawing on Varieties of Capitalism approaches, we explore...... how multinationals from different contexts seek to create constitutional orders. We argue that the models which exist appear to be destructive of coordination. We explore the implications for MNCs....

  20. Multinational subsidiary knowledge protection - Do mandates and clusters matter?

    Sofka, Wolfgang; Shehu, Edlira; de Faria, Pedro


    International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of academic and management debate. However, most studies treat MNC subsidiaries as relatively passive actors. We challenge this assumption by investigating the drivers of knowledge

  1. Employee commitment in MNCs: impacts of organizational culture, HRM and top management orientations

    Taylor, Sully; Levy, Orly; Beechler, Schon; Boyacıgiller, Nakiye Avdan; Boyacigiller, Nakiye Avdan


    This paper examines the impact of organizational culture and HRM system on employee commitment of core employees in multinational companies (MNCs). In addition, it identifies two top management team orientations global orientation and geocentric orientation that are seen as contributing uniquely to employee commitment in international firms. We found strong overall support for the model. The results also suggest that High Performance Work Practices have a positive impact on commitment r...

  2. Governance Mechanisms for the Promotion of Social Capital for Knowledge Transfer in Multinational Corporations

    Gooderham, Paul; Minbaeva, Dana; Pedersen, Torben


    are combined with theory on the determinants of social capital. Three governance mechanisms are identified: market-based mechanisms, hierarchical mechanisms, and social mechanisms. The findings, based on data from two Danish MNCs, indicate that although the use of social governance mechanisms promotes positive......The aim of this paper is to extend social capital approaches to knowledge transfer by identifying governance mechanisms that managers can deploy to promote the development of social capital. In order to achieve this objective, insights from the micro-level, knowledge governance approach...... assessment of social capital, hierarchical governance mechanisms constrain its development. The application of market-based governance mechanisms has no significant effect. In addition, the findings provide evidence that social capital has a positive impact on knowledge transfer...

  3. Evaluating Organizational Change at a Multinational Transportation Corporation: Method and Reflections

    Plakhotnik, Maria S.


    The purpose of this perspective on practice is to share my experience conducting an organizational change evaluation using qualitative methodology at a multinational transportation company Global Logistics. I provide a detailed description of the three phase approach to data analysis and my reflections on the process.

  4. The Promotion of Bottle Feeding by Multinational Corporations: How Advertising and the Health Professions Have Contributed. Cornell International Nutritioon Monograph Series, Number 2 (1975).

    Greiner, Ted; Latham, Michael C., Ed.

    This report investigates the ways bottle feeding of infants is promoted by multinational corporations. Data were obtained from the following: (1) a survey of available infant food advertising in newspapers and magazines from developing countries; (2) a study of some interrelationships between the health professions and infant food companies,…

  5. A Survey of Current and Future Perceived Multi-National Corporation Manufacturing Training Needs in Tianjin, (T.E.D.A.) China.

    Hickey, Will


    Describes a study that surveyed current and perceived future employer-provided training practices among multinational corporations manufacturing companies in the Tianjin Economic Development Area (T.E.D.A.) of China. Highlights include labor market; human resources management in China; workforce productivity; and return on investment. (Author/LRW)

  6. The Dynamics of the Strategic Network Relations between Corporate R&D and Business. A Longitudinal Analysis in a Large, Technology Based Multinational Company

    Fortuin, F.T.J.M.; Omta, S.W.F.


    The present paper addresses the important issue of the management of the strategic network relations between corporate R&D and business in large divisionalized companies. In a large technology-based multinational company (± 30,000 employees) an instrument that provides regular feedback to both

  7. Competitive advantage and the existence of the multinational corporation: earlier research and the role of frictions

    Asmussen, Christian Geisler; Foss, Nicolai J.


    This article provides a counterpoint to Hashai and Buckley’s article ‘Is competitive advantage a necessary condition for the emergence of the multinational enterprise?’We agree with their conclusion that it is, in fact, not a necessary condition, but argue that the theoretical reasons behind this are different and more diverse than the ones they propose. We suggest that much extant economic theory is, in fact, consistent with their view that firms may internationalize without owning or achiev...

  8. Analysing employment practices in Western European multinationals: coordination, industrial relations and employment flexibility in Poland

    Kahancová, M.; van der Meer, M.


    Despite the fact that multinational companies (MNCs) in Central Eastern Europe significantly contribute to employment growth in the region, qualitative knowledge about diffusion of employment practices in this region, and about coordination of MNCs with local labour market actors and institutions is

  9. Closing the Legitimacy Gap in Corporate Governance: Governing the Multinational Corporation by Means of Democratic Decision Making

    Schneider, Anselm


    Beyond national peculiarities, corporate governance practice is mainly centered on the protection of investors’ rights. However, this view neglects the fundamental changes of the operating conditions of business due to globalization and the weakening of regulatory frameworks. Weak or absent enforcement of contracts, increasingly unfettered negative externalities of corporate action, and involvement of private actors in the provision of public goods change the role of business in a fundamental...

  10. Knowledge protection strategies of multinational firms-A cross-country comparison

    de Faria, Pedro; Sofka, Wolfgang

    International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of discussion among academics and practitioners. Most research in this field focuses on knowledge sharing activities of MNC subsidiaries. Relatively little is known about their

  11. Global business, global responsibilities : Corporate social responsibility orientations within a multinational bank

    van den Heuvel, G.G.A.; Soeters, J.M.M.L.; Goessling, T.


    This study examines the effects of culture, gender, and function on orientation toward corporate social responsibility (CSR) among 416 employees of an international financial service organization. The main objective of the study is to investigate the variation of corporate social responsibility

  12. The struggle for strategic alignment in multinational corporations: Managing readjustment during global expansion

    Rondinelli, Dennis; Rosen, Benson; Drori, Israel


    As corporations expand internationally, their ability to align their internal business strategies and management practices to conditions in external marketplaces becomes critical for sustaining growth and expanding market share. When international expansion decisions become 'unaligned' with business

  13. Global business, global responsibilities: Corporate social responsibility orientations within a multinational bank

    van den Heuvel, G.G.A.; Soeters, J.M.M.L.; Goessling, T.


    This study examines the effects of culture, gender, and function on orientation toward corporate social responsibility (CSR) among 416 employees of an international financial service organization. The main objective of the study is to investigate the variation of corporate social responsibility orientation (CSRO) across national cultures. The authors draw on a theory of cultural value orientations to identify three culturally distinct transnational clusters: West Europe, the English speaking ...

  14. HRM Practices and knowledge transfer in MNCS

    Minbaeva, Dana

    their        motivation. Temporary and permanent types of international assignments        respectively influence the ability and motivation of expatriate managers        to share their knowledge.Keywords: Human Resources; Personnel; Human        Resource Management; MultinationalCorporations; Organizational...... and        receivers.HRM practices relevant for absorptive capacity of subsidiary        employees form two groups - cognitive (job analysis, recruitment,        selection, international rotation, career management, training and        performance appraisal) and stimulative (promotion, performance......-based        compensation, internal transfer, orientation programs, job design and        flexible working practices). The application of cognitive HRM practices        enhances the ability of knowledge receivers to absorb transferred        knowledge, while the use of stimulative HRM practices increases...

  15. Toward a Phase-Model of Global Knowledge Management Systems in Multinational Corporations

    Nielsen, Bo Bernhard; Michailova, Snejina


    According to Heinrich v. Pierer, CEO at Siemens, `an e-business year is only three months long. Ifyou want to be a leader in this fast-paced world, you must be faster than the others. Just being onboard is by far not enough'. The ability to be faster than others, however, is only relevant...... if it islinked to management of key assets in the pursuit of continuous competitive advantage. The keyasset of the present is knowledge and in the future it is likely to be continuous and timelyinnovation based on effective management of knowledge assets. Most firms today, however, lack aneffective Knowledge......-outperform competition and becomeleaders of the e-conomy'. Using examples from a number of large multinational companies thispaper proposes a phase model for the development of a global Knowledge Management Systemwith attention to pertinent policy and management issues in each stage.Keywords: Knowledge management system...

  16. Understanding Agency Problems in Headquarters-Subsidiary Relationships in Multinational Corporations

    Kostova, Tatiana; Nell, Phillip Christopher; Hoenen, Anne Kristin


    This paper proposes an agency model for headquarters-subsidiary relationships in multinational organizations with headquarters as the principal and the subsidiary as the agent. As a departure from classical agency theory, our model is developed for the unit level of analysis and considers two root...... causes of the agency problem—self-interest and bounded rationality. We argue that in the organizational setting, one cannot assume absolute self-interest and perfect rationality of agents (subsidiaries) but should allow them to vary. We explain subsidiary-level variation through a set of internal...... organizational and external social conditions in which the headquarters-subsidiary agency dyad is embedded. We then discuss several agency scenarios reflecting various levels of self-interest and rationality that lead to different manifestations of the agency problem. The proposed framework can inform more...

  17. Multinationals and Institutional Competitiveness

    Hull Kristensen, Peer; Morgan, Glenn

    This article discusses how institutional competitiveness and multinationals are mutually enriching concepts. Seen from the perspective of Multinationals, institutional competitiveness becomes expressed at two levels. At the level of corporate HQs institutional competitiveness proves itself...... competitiveness of Liberal Market Economies and Coordinated Markets Economies under the current competitive regime....

  18. What Makes MNCs Succeed in Developing countries?

    Hansen, Michael W.; Gwozdz, Wencke

    MNCs are increasingly investing in developing countries to be part of rapid market growth, to enhance the efficiency of their value chains, and to access abundant resources and talent. The potential gains are high, however so are the risks. Some developing country subsidiaries become top performers...... regardless of location and industry. The findings of the study have important implications for the IB literature, for managers and for policy aimed at promoting FDI in developing countries....

  19. Corporate risk and external sourcing: A study of Scandinavian multinational firms

    Aabo, Tom; Pantzalis, Christos; Sørensen, Helle


    data by surveying Scandinavian non-financial firms. We find that highly international firms reduce corporate risk by externally sourcing from foreign suppliers both compared to sourcing from own production facilities abroad (due to superior flexibility) and compared to domestic sourcing (due...


    Petrache Ana-Maria


    Full Text Available The paper identifies in a valuable manner an attribute of corporate social responsibility, represented by the care towards internal stakeholders. Taking the pulse of the human resources also rebounds into signals given to the company on how to reestablish

  1. Tracking the internationalization of multinational corporate inventive activity : National and sectoral characteristics

    Alkemade, Floortje; Heimeriks, Gaston; Schoen, Antoine; Villard, Lionel; Laurens, Patricia


    This paper introduces a unique database, the Corporate Invention Board (CIB). The CIB combines patent data from the PATSTAT database with financial data from the ORBIS database about the 2289 companies with the largest R&D investments. We illustrate the database by showing a comprehensive overview

  2. Tracking the internationalization of multinational corporate inventive activity : national and sectoral characteristics

    Alkemade, F.; Heimeriks, G.; Schoen, A.; Villard, L.; Laurens, P.


    This paper introduces a unique database, the Corporate Invention Board (CIB). The CIB combines patent data from the PATSTAT database with financial data from the ORBIS database about the 2289 companies with the largest R&D investments. We illustrate the database by showing a comprehensive overview

  3. Land contention as an obstacle to peace : the effect of multinational corporations and the palm oil industry on the Colombian conflict

    Jounes, Nadia Jafa


    In 2012 the Colombian government and the FARC guerrilla commenced peace talks for the first time in many years. This thesis looks at the Colombian land struggle from its earliest stages to understand the roots of the issue. Then this thesis links these issues with contemporary land contention and the invasion by multinational corporations and the African oil palm industry. Also, in the light of the current peace process, this thesis takes a look at how such foreign investment i...

  4. Environmental management maturity of local and multinational high-technology corporations located in Brazil: the role of business internationalization in pollution prevention

    Giovanna Maialle


    Full Text Available Abstract This paper identifies and characterizes the environmental maturity level of local and multinational high-technology corporations located in Brazil. This characterization is achieved by discussing the adoption of environmental management practices and considering aspects of the productive process stage. An eight-case study was conducted through data triangulation using interviews with employees in diverse organizational areas, direct observations and secondary data. The results indicate the differences in environmental positioning among the studied corporations with a predominance of preventive practices, i.e., an emphasis on eco-efficiency and compliance with legislation. It was also noted that environmental concerns in the corporations are related to internationalization and, in some cases, to the pressure exerted by corporations that represent the brand of the products produced in Brazil. Moreover, the adoption of environmental practices based on the productive process stage supported the environmental maturity classifications of the studied companies.




    Full Text Available This paper focuses on the expansion of Russian MNCs in the world and especially in Europe. Thus, after an introduction about the role of MNCs in the context of economic globalization we have presented theoretically the expansion levers of MNCs through mergers and acquisitions. The largest part of the work aims at analyzing the way Russian MNCs were able to expand their activities in most countries in Europe and North America, the allocation of foreign investments in the economic sectors in which MNCs are prevailing and especially in the field of extraction and processing such natural resources as gas, oil, coal and steel. At the end of the paper we have outlined a structure of MNCs and we have pointed out the importance of these companies for the economic development and growth.

  6. Transnational corporations from Asian developing countries: The internationalisation characteristics and business strategies of Sime Darby Berhad

    Ahmad, S.Z.


    Full Text Available There is limited empirical research on the internationalisation processes, strategies and operations of Asian multinational corporations (MNCs, particularly MNC’s based in Malaysia. The emergence and development of an MNC from this developing country represents a significant addition to the literature on this topic which augments and supplements the information already available with regard to nascent MNCs from Asian Newly Industrialised Countries (NIC’s. Drawing on primary data from in-depth interviews with 12 key executives from Sime Darby Berhad (SDB, a developing Malaysian-based MNC, this paper will examine and investigate the firm’s internationalisation process, its characteristics and strategies, including motivations, patterns, and sources of competitive advantage. The empirical findings, limitations and areas for further research are discussed.

  7. Labour standards application among multinational and domestic firms in Ghana’s manufacturing sector

    Dziedzom-Akorsu Angela


    Full Text Available This paper provides an empirical analysis of the labour standards application patterns and influences among multinational and domestic firms in Ghana. Discourses on labour standards application have continued to attract much interest in recent years. This is because globalization, in tandem with multinational corporations, has made the application of labour standards more challenging and ever more relevant. Yet competing viewpoints raised among social scientists on the subject are inconclusive and still on-going. While some are of the view that multinational companies (MNCs maintain higher labour standards than the domestic firms of their host countries, others concede that their standards are lower due to their exploitative tendencies. By means of a survey of 248 multinational and domestic firms in the manufacturing sector of Ghana, this paper concludes that there are a number of contingent factors that determine labour standards application, and so it is misleading to put all firms together and make blanket statements as to whether or not one group maintains higher labour standards than the other.

  8. The Risk Implications of Multinational Enterprise

    Andersen, Torben Juul


    Purpose – Multinational structure has been linked to operational flexibilities that can improve corporate adaptability and a knowledge-based view suggests that multinational resource diversity can facilitate responsive opportunities. The enhanced maneuverability from this can reduce earnings vola...

  9. The Foreign Exchange Exposure of Japanese Multinational ...

    The Foreign Exchange Exposure of Japanese Multinational Corporations. ... African Journal of Finance and Management ... We also find that keiretsu multinationals are more exposed to exchange rate risk that non-keiretsu firms.

  10. Emerging Market Multinationals

    Gammeltoft, Peter; Hobdari, Bersant


    International knowledge flows and innovation are becoming ever more important to the competitiveness of multinational corporations. Emerging market multinationals (EMNCs) in specific are deploying increasingly activist measures to harness foreign sources of knowledge and innovation as a strategy...... in which this disagreement can be reconciled through recognition of other EMNC advantages, particularly abilities to leverage country-specific assets, and possession and development of dynamic capabilities. Finally, we identify a set of core themes in the recent literature on strategic asset...

  11. Control and autonomy between headquarters and subsidiaries: a case study of a us multinational in Portugal

    Manuel Portugal Ferreira


    Full Text Available The management of multinational corporations (MNCs is complicated by the dispersion of subsidiaries in different locations, and the need to organize the best solutions for control, coordination and independence of each subsidiary to leverage their contribution to the EMN. In this article, based on the case study of a U.S. MNC with a subsidiary in Portugal, we analyze the relationship between autonomy and control headquarters the Portuguese subsidiary. The study identifies the main reasons that determine the amount of control exercised over the subsidiary. We conclude that the centralization, formalization of processes and integration rules are essential to the maintenance of coordination and cooperation between headquarters and subsidiary. However, it is the performance of the subsidiary and its role, particularly as contributory network of subsidiaries, which seems to confine the relations of control-autonomy.

  12. HRM implementation in multinational companies : the dynamics of multifaceted scenarios

    Bos-Nehles, Anna; Bondarouk, Tanya; Labrenz, Soren


    This study explores why the subsidiary line managers of multinational companies (MNCs) implement HRM practices differently than intended by headquarters. HRM implementation is understood as a process in which one has to differentiate between a range of multifaceted HRM implementation scenarios. We

  13. High Performance Work System and Organizational Citizenship Behavior in Multinational Companies in Vietnam: the Mediation Effect of Career Success

    Giang Thi Huong Vu


    Full Text Available In this study, the relationship between high performance work system (HPWS and organizational citizenship behavior (OCB in multinational corporations (MNCs in Vietnam, a fast-developing country with highly economic growth in Asia, was investigated. Besides, the underlying mechanism of this relationship was also explored. From the social exchange approach, an underlying mediated mechanism of career success in the relationship between HPWS and OCB was hypothesized. Data collected from individual employees working in multinational companies in Vietnam was used to test the hypotheses. The research findings supported the partial mediating role of career success in the positive relationship between HPWS and OCB. In addition, research implications as well as suggestions for future research were also presented.   Bahasa Indonesia Abstrak: Dalam studi ini, hubungan antara high performance work system (HPWS dan organizational citizenship behavior (OCB di multinational corporations (MNC di Vietnam, negara cepat berkembang dengan pertumbuhan ekonomi yang sangat tinggi di Asia, ditelliti. Selain itu, mekanisme yang mendasari hubungan ini juga dieksplorasi. Dari pendekatan pertukaran sosial, mekanisme mediasi yang dimediasi dari kesuksesan karir dalam hubungan antara HPWS dan OCB dihipotesiskan. Data yang dikumpulkan dari masing-masing karyawan yang bekerja di perusahaan multinasional di Vietnam digunakan untuk menguji hipotesis. Temuan penelitian mendukung peran mediasi parsial dari kesuksesan karir dalam hubungan positif antara HPWS dan OCB. Selain itu, implikasi penelitian serta saran untuk penelitian masa depan juga disajikan.

  14. Challenges in Strategy and Management of Multinational R&D Centers in Emerging Markets: Perspective from a German Headquarters in the Chemical Sector

    Osmar Mitsuo Saito


    Full Text Available The expansion of multinational company (MNCs operations abroad represents an observed trend for decades. The news is that in recent years the research and development (R&D activities also have become internationalized, including more intensified focus on emerging countries. Among the implications is the challenge for the MNCs to implement effective organizational structures with the intention to facilitate the articulated coordination of strategies and R&D management between the headquarters and their global R&D centers. The purpose of this study is to evaluate the strategy from the perspective of the corporate headquarters of a multinational company and the challenges in the formulation of the global R&D strategy and management of each center located inemerging and developed markets. For this reason, we developed an empirical research based on qualitative multiple case exploratory study in a German chemical MNC company in its five global R&D centers located in Germany (headquarters, USA, Brazil, China and India. The results suggested the needs to creation of organizational management capabilities for constant re-evaluation of its R&D strategy in order to capture the demands and the temporary windows of opportunities from these markets. These capabilities lead to reducing the strong observed centralization level and assigning more responsibilities to the subsidiaries with global R&D center status.

  15. An Analysis of Multinational Corporations' Perception of Their Requirements for International M.B.A. Degree Holders.

    Colquitt, J.; And Others

    This study was undertaken to assess: (1) the U.S. corporate demand for Americans holding an MBA degree with a concentration in International Management, (2) the U.S. corporate demand for foreign nationals holding a similar American MBA degree, and (3) the corporate perception of the value of foreign languages in such an international curriculum. A…

  16. 10 Reasons Why Corporate Language Policies Can Create More Problems Than They Solve

    Sanden, Guro Refsum

    One of the challenges multinational corporations (MNCs) are faced with, is the question of how to communicate through the language barriers presented by linguistic diversity. An increasing number of companies choose to address these issues through corporate language policies, for example...... to collaboration and group dynamics, communicative problems, language policies which leads to reallocation of power, divergence between de facto vs. de jure language policies, language policies which are not aligned with the overall business plan of the company, language management tools which are implemented...... by adopting a common corporate language. Language policies are often seen as a cheap and easy solution to overcome communicative problems, but previous research has demonstrated that there might be several potentially negative consequences associated with them. The purpose of this paper is to shed some light...

  17. Multinational Risk and Performance Outcomes

    Andersen, Torben Juul


    A multinational presence can diversify corporate business activities and provide access to diverse overseas resources. This can enhance operational flexibility and create new business propositions that increase responsiveness to global market changes. Establishing an international corporate...... cross-sectional dataset, we find that flexibility and responsiveness thrives on a multinational presence among firms operating in information-driven knowledge businesses. In contrast, internationalizing firms in capital-based network services display adverse risk effects........ Consistent with the rationales of the OLI paradigm, we argue that multinational reach particularly in knowledge-based industries can reduce downside risk and enhance upside potential. These results introduce more nuances to the ongoing debate about multinational risk and performance effects. Based on a large...

  18. An Assessment of E-Training Effectiveness in Multinational Companies in Malaysia

    Ramayah, Thurasamy; Ahmad, Noor Hazlina; Hong, Tan Say


    E-training has developed into a revolutionary way of learning in Malaysian organizations due to rapid growth in information technology infrastructure. The present study endeavors to determine the critical factors that influence e-training effectiveness in multinational companies (MNCs) in Malaysia. By integrating Technology Acceptance Model (TAM),…

  19. An Examination of How the Availability of State-backed Terrorism Insurance Programs and Commercial Terrorism Insurance Affects the Operational Decisions of Multinational Companies.

    GREY, William / WJG


    This dissertation explores the extent to which the operational decisions of multinational companies (MNCs) are affected by the availability of State-backed terrorism insurance programs and commercial terrorism insurance. The initial hypothesis made is that MNCs will be reluctant to invest in zones or countries with high terrorism or political risks, especially when insurance for these risks may be limited or unavailable. This investigation finds that the availability of State-backed terrorism...

  20. Crosscultural Issues in the Process of Sending U.S. Employees of Multinational Corporations for Overseas Service: Theoretical Considerations with Practical Implications.

    Griffis, Betty Ann

    Defining the multinational as a producing enterprise motivated by profit and owning or controlling facilities in more than one country, this paper analyzes the process employed by United States multinationals in sending parent country nationals abroad for service in a subsidiary. It first examines the process in its fullest form by citing…

  1. Knowledge Flows, Governance and the Multinational Enterprise

    Mahnke, Volker; Pedersen, Torben

    This work contributes to the understanding of knowledge governance in the multinational corporation. Intra-firm and inter-firm processes of knowledge creation, sharing and exploitation have attracted increasingly managerial and scholarly interest. However the relation between particular knowledge...

  2. Taxing the Financially Integrated Multinational Firm

    Johannesen, Niels

    partly fall on investment and thus workers in the former country. This tax exporting mechanism introduces a scope for corporate taxes, which is not present in standard models of international taxation. Accounting for the internal capital markets of multinational firms thus represents a way to resolve......This paper develops a theoretical model of corporate taxation in the presence of financially integrated multinational firms. Under the assumption that multinational firms at least partly use internal loans to finance foreign investment, we find that the optimal corporate tax rate is positive from...... the perspective of a small, open economy. This finding contrasts the standard result that the optimal source based capital tax is zero. Intuitively, to the extent that multinational firms finance investment in country i with loans from affiliates in country j, the burden of corporate taxes in the latter country...

  3. Nearshoring Practices of Scandinavian MNCs in Central and Eastern Europe

    Slepniov, Dmitrij; Brazinskas, Sigitas; Wæhrens, Brian Vejrum


    The principal objective of this paper is to unravel and assess current nearshoring practices of Scandinavian MNCs. In addressing this issue, we draw on the literature within the areas of offshoring and outsourcing. We use mixed methods of enquiry involving case studies, survey techniques as well...... as secondary statistical data. To provide a more refined view on the practices and processes of nearshoring, we complement the case studies of Scandinavian manufacturers with a survey of 55 Lithuanian vendor companies and other statistical data. The paper outlines the main drivers of nearshoring...

  4. Factors in the Effective Transfer of Knowledge from Multinational Enterprises to Their Foreign Subsidiaries: A Mozambican Case Study

    Duarte Moleiro Martins, José


    The purpose of this article is to better understand the role of internal stakeholders in subsidiaries of multinational companies (MNCs) in order to offer potential insights into the cross-border transfer of knowledge from those companies' headquarters to their subsidiaries. The focus is upon subsidiaries in developing countries, here Mozambique.…

  5. The capitalization of knowledge in the multinational corporation. The strategy and role of national subsidiaries; La capitalizacion del conocimiento en la empresa multinacional. Estrategia y rol de las filiales

    Claver Cortes, E.; Carmen del Zaragoza Saez, P.; Quer Ramon, D.


    The increasing globalization and the importance of knowledge as a strategic resource are leading to the companies to cross the nacional borders and establish subsidiaries in the foreign countries when they try to transfer assets highly tacit and difficult to codify. The present work tries to contribute to light in the existing relation between knowledge and the multinational corporation, analyzing the flows of this resource and proposing a theoretical frame to identify gaps of knowledge that could be originated based on the chosen international competitive strategy. (Author) 43 refs.

  6. Subsidiary Power in Multinational Corporations

    Dörrenbächer, Christoph; Gammelgaard, Jens


    Purpose – As subsidiary power has received relatively little attention in existing research, this paper aims to enhance the understanding of genuine sources of subsidiary power and how they work in headquarters-subsidiary relationships. Design/methodology/approach – The paper is based on a review...... of the relevant literature and four illustrative case studies, which are written on the basis of secondary sources. Each case was selected because it adequately represents a particular type of power. This allows for cross-case comparisons of the strengths and sustainability of different types of power......, and facilitates the exploration of the application of subsidiary power in headquarters-subsidiary relationships. Findings – Four genuine types of subsidiary power are identified. One of these – micro-political bargaining power – plays a subtle but crucial role, as it is important in the enactment of the three...

  7. Multinational firms and the internationalization of green R&D: A review of the evidence and policy implications

    Noailly, Joëlle; Ryfisch, David


    This paper presents novel empirical evidence on the internationalization of green R&D by multinational firms (MNCs), as measured by patents data. Using data on inventors’ addresses for the set of 1200 MNCs firms patenting in green technologies over the 2004–2009 period, we find that about 17% of green patents result from MNCs R&D investments conducted outside their home countries. MNCs tend to locate their foreign green R&D activities in other OECD markets and in China, in particular in lightings and solar technologies. The empirical analysis reveals that the probability of conducting green R&D abroad increases with the host country’s stringency of environmental regulation, market size and (green) R&D intensity. Also, relatively lower wages for scientists and engineers, and stronger protection for intellectual property rights in the host country increase the likelihood for MNCs to offshore green R&D. The paper concludes by discussing the policy implications of this changing global innovation landscape. -- Highlights: •Green R&D is becoming increasingly globalized. •17% of the green patents of our sample of 1200 MNCs have been invented abroad. •Most green R&D offshoring takes place among OECD countries, and towards China. •Environmental policy is key to attracting multinationals’ green offshoring activities

  8. The Transfer of HRM Policies and Practices in American Multinational Hotels in Saudi Arabia

    Amal Hatem Alkhaldi


    Full Text Available Global competition in the international business environment has pushed companies to achieve competitive advantage through mergers, acquisitions and through locating their subsidiaries in less developed counties for cost effectiveness. Consequently, the competitive pressure has increased the significance of human resource management (HRM in multinational companies (MNCs, and MNCs have recognised the significance of the transfer HRM process across borders. This study examines the transfer of HRM policies and practices of US MNCs to their subsidiaries in Saudi Arabia. The aim of the study is to determine the extent to which US MNCs transfer HRM policies and practices from their Headquarters to their subsidiaries in Saudi Arabia; and identify the factors that facilitate and inhibit HRM transfer. The paper is based on an investigation of the interaction between home-country and host-country effects in determining HRM policies and practices in MNCs in the context of the Middle East. The study adopts a mixed methods approach of documentary analysis, focus group interviews of employees and in depth interviews of key informants in four subsidiaries of US owned international hotel chains located in Riyadh, Saudi Arabia.

  9. The relative impact of country of origin and universal contingencies on internationalization strategies and corporate control in multinational enterprises : Worldwide and European perspectives

    Harzing, A.W.; Sorge, A.

    We examine the importance of country-of-origin effects and of universal contingencies such as industrial recipes in organizational practices at the international level of multinational enterprises. This is based on a study comparing European (Finnish, French, German, Dutch, Swiss, Swedish, British),

  10. Normative and systems integration in human resource management in Japanese multinational companies

    Furusawa, Masayuki; Brewster, Chris; Takashina, Toshinori


    Purpose\\ud This paper aims to conceptualise a framework of “transnational human resource management” (HRM) and to demonstrate the validity of the model.\\ud \\ud Design/methodology/approach\\ud Evidence is drawn from survey of 93 large Japanese multinational companies (MNCs). Data are analysed through descriptive statistics, hierarchical multiple regression analyses and mediation effect analyses.\\ud \\ud Findings\\ud The analysis reveals that the practices for normative and systems integration are...

  11. FOCUS THE CONSUMER MARKET A dream or reality for multinational companies



    As the Chinese economy maintains its near double digit growth, opportunities for foreign investors continue to emerge. But away from the staggering statistics, how realistic is the China dream for multinational companies (MNCs)? The messages are mixed. On the one hand are those who continue to hail the Chinese consumer revolution, pointing to market size as reason enough for entering the fray. O'n the other

  12. Corporate culture: It's impact on corporate life and business ...

    Corporate culture: It's impact on corporate life and business practices in Nigeria. ... on the work behaviour of management strategists and business policy makers. ... culture include, multinational organizations as well as mergers/acquisitions.

  13. Outward Foreign Direct Investment from BRIC countries: Comparing strategies of Brazilian, Russian, Indian and Chinese multinational companies

    Wladimir Andreff


    Full Text Available An overall comparative study of outward foreign direct investment (OFDI from BRIC countries and strategies conducted by multinational companies (MNCs based in the BRICs is elaborated on with a same methodology for Brazil, Russia, India and China. The comparison pertains to the historical emergence of firms’ internationalisation, their booming expansion in the 2000s then their muddling through the current crisis, the specificities of OFDI from each home country, OFDI geographical distribution and industrial structure, econometric testing of the respective determinants of Brazilian, Russian, Indian and Chinese OFDI, and the role of home countries’ governments vis-à-vis home-based MNCs. Beyond some common characteristics, BRICs’ MNCs exhibit a number of major country-specific features.

  14. Ethics in international business: multinational approaches to child labor

    Kolk, A.; van Tulder, R.J.M.


    How do multinationals address conflicting norms and expectations? This article focuses on corporate codes of ethics in the area of child labor as possible expressions of Strategic International Human Resource Management. It analyses whether fifty leading multinational adopt universal ethical norms


    Jeanette Weideman


    Full Text Available An increase in economic globalisation and international trade has amounted to an increase in the number of multinational enterprises that have debt, own assets and conduct business in various jurisdictions around the world. This, coupled with the recent worldwide economic recession, has inevitably caused the increased occurrence of multinational financial default, also known as cross-border insolvency (CBI. The legal response to this trend has, inter alia, produced two important international instruments that were designed to address key issues associated with CBI. Firstly, the United Nations Commission on International Trade Law (UNCITRAL adopted the UNCITRAL Model Law on Cross-Border Insolvency (the Model Law in 1997, which has been adopted by nineteen countries including the United States of America and South Africa. Secondly, the European Union (EU adopted the European Council Regulation on Insolvency Proceedings (EC Regulation in 2000. Both the EC Regulation and Chapter 15 adopt a “modified universalist” approach towards CBI matters. Europe and the United States of America are currently the world leaders in the area of CBI and the CBI legislation adopted and applied in these jurisdictions seems to be effective. As South Africa’s Cross-Border Insolvency Act is not yet effective, there is no local policy guidance available to insolvency practitioners with regard to the application of the Model Law. At the basis of this article is the view that an analysis of the European and American approaches to CBI matters will provide South African practitioners with valuable insight, knowledge and lessons that could be used to understand and apply the principles adopted and applied in terms of the EC Regulation and Chapter 15, specifically the COMI concept, the “establishment” concept in the case of integrated multinational enterprises and related aspects.

  16. The Transfer of HRM Policies and Practices in American Multinational Hotels in Saudi Arabia (P.155-164

    Amal Hatem Alkhaldi


    Full Text Available Global   competition   in   the   international   business   environment has   pushed companies to achieve competitive advantage through mergers, acquisitions and through locating their subsidiaries in less developed counties for cost effectiveness. Consequently, the competitive pressure has increased the significance of human resource management (HRM in multinational companies (MNCs, and MNCs have recognised the significance of the transfer HRM process across borders. This study examines the transfer of HRM policies and practices of US MNCs to their subsidiaries in Saudi Arabia. The aim of the study is to determine the extent to which US MNCs transfer HRM policies and practices from their Headquarters to their subsidiaries in Saudi Arabia; and identify the factors that facilitate and inhibit HRM transfer. The paper is based on an investigation of the interaction between home-country and host-country effects in determining HRM policies and practices in MNCs in the context of the Middle East. The study adopts a mixed methods approach of documentary analysis, focus group interviews of employees and in depth interviews of key informants in four subsidiaries of US owned international hotel chains located in Riyadh, Saudi Arabia.Keywords: Home  country, host  country, human  resource  managem transfer,Institutional theory, culture conditions.

  17. Effective Strategy-Making in Multinational Subsidiaries

    Andersen, Torben Juul; Andersson, Ulf; Palmié, Maximilian

    for global efficiencies and autonomy for effective local responses. Strategic guidance from headquarters frames subsidiary decisions in line with corporate priorities and distributed decision power coupled with informal exchange of information facilitates strategic responses in tune with local market......We outline commonalities between studies of subsidiary decentralization and autonomous strategy-making in the international business and strategic management fields. This suggests that corporate headquarters should engage in strategy-making processes that provide a combination of formal direction...... requirements. We identify some important nuances in the integration-responsiveness conundrum supported by an empirical study of 351 multinational subsidiaries. We discuss the implications for multinational strategy practice and suggest future research venues to investigate strategy-making in multinational...

  18. Redistributive taxation, multinational enterprises, and economic integration

    Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm


    Increased activity of multinational firms exposes national corporate tax bases to cross-country profit shifting, but also leads to rising profitability of the corporate sector. We incorporate these two effects of economic integration into a simple political economy model where the median voter decides on a redistributive income tax rate. In this setting economic integration may raise or lower the equilibrium tax rate, and it is more likely to raise the tax rate of a low-tax country. The impli...

  19. Intercultural Communication Problems in Japanese Multinationals.

    Nishiyama, Kazuo

    Many large Japanese-owned multinational corporations have established successful subsidiaries in the United States, but distinct ethnic and cultural differences have caused communication problems between Japanese managers and American laborers and business people. Many top executives of the Japanese subsidiaries are sent to the United States on a…




    Full Text Available At the beginning of the 21st century, the new economic order settled at international level is based on the intensification of the activities of multinational companies (MNC on global markets. Japan – the third world economy in 2010 – registers outstanding economic results due to its strong connection to the current of the globalization of international affairs. The issue of understanding the key role of Japanese MNCs in international business received a great deal of attention in recent years. We found that Japanese firms expanded their overseas production from 3.1% in 1986 to 16.3% in 2005 and 17% in 2009. Although MNCs are a minority in terms of the number of firms, they nevertheless dominate the Japanese trade. In recent years, Japanese firms have become more active in developing overseas activities by establishing local subsidiaries and acquiring local companies. Therefore, cross-border Mergers & Acquisitions (M&A appeared to be a very useful tool through which Japanese MNCs expanded their tentacles worldwide. Despite the devastating effects of the great East Japan Earthquake, statistical data released by UNCTAD show that Japan will again be, on the long run, a leading investor for outward FDI. Therefore, Japanese MNCs will continue to play a key role within international business environment.

  1. Measuring the Multinational Business Value – An indexing Approach



    Full Text Available The research project aims to present a comparative analysis of countries related to the value of their MNCs in the global arena. The study works in secondary data analysis using as a platform the Forbes Global 2000 list, which is maybe the best source explaining the presence of MNCs by country. This research goes beyond the information provided by the original list, offering an index and information about the number of corporations per country as well as their value (number of corpora-tions per country, their position in the ranking and the weight obtained by each company expressed in numerical value. Also the index obtained has been adjusted to the population of each country to determine which one should be the expected value per country from a more realistic perspective. An analysis of cultural clus-ters and trading zones has been applied as well. Finally, a calculation of the dif-ferent sectors where MNCs operate give the index the possibility to estimate the % of penetration or importance of the services and financial sector in each country and in the world.

  2. Emerging Multinationals

    Gammeltoft, Peter

    South Korean and Taiwanese brands have long been household names. Today, however, the names of transnational companies (TNCs) from an increasingly diverse set of emerging and developing economies are regularly making if not the dinner table conversation then at least the headlines...... of the international business press. This reflects that companies such as Mittal and Tata (India), China National Offshore Oil Corporation (CNOOC), Haier and Lenovo (PRC), Embraer (Brazil), SAPMiller (South Africa), and Cemex (Mexico) are foraying ever deeper into the international economy and increasingly investing...... countries. Apart from a few early pioneering studies (Lecraw 1977; Lall 1983; Wells 1983; Agarwal 1985) only few studies have been made so far of outward investment from emerging and developing economies. This is in spite of the fact that the value of outward FDI stock from developing countries reached USD...

  3. Os limites do poder das empresas multinacionais: o caso do Protocolo de Cartagena The limits of power of multinational companies: the Cartagena protocol on biosafety

    Gilberto Sarfati


    Full Text Available O objetivo primário deste trabalho é identificar os limites da influência das empresas multinacionais (EMNs em processos multilaterais de negociação. A efetividade da defesa de seus interesses depende, basicamente, da confluência dos interesses entre os Estados e as empresas e depende da vulnerabilidade dos Estados em relação às atividades das empresas, bem como da capacidade relativa das coalizões que as empresas buscam influenciar. Em seguida, é reconhecida a limitação do poder de influência das EMNs através de uma extensão do modelo Frieden-Rogowsky, onde se propõe que os setores prejudicados pelo processo de internacionalização tendem, tanto em nível nacional quanto em nível transnacional, a se opor a ações políticas das EMNs. Finalmente, apresenta-se um estudo de caso sobre o Protocolo de Cartagena de Biosegurança, instrumento complementar à Convenção de Biodiversidade (CBD, que regulamenta os organismos geneticamente modificados (OGMs. Uma importante conclusão do trabalho é explicar as circunstâncias em que as EMNs operam como negociadoras, através de sua influência e da utilização de poder estrutural e brando, buscando formar coalizões transnacionais e incentivar a formação de coalizões entre Estados que defendam os seus interesses em contextos intergovernamentais.The main objective of this work is to identify the limits of the influence of multinational companies (MNCs in multilateral negotiation processes. The defence efficiency of their corporate interests depends basically on the confluence between their interests and their national governments' and on the governments' vulnerabilities in relation to the companies' activities as well as on the limited capacity of the coalitions which the companies try to influence. I recognize the limitations of the MNCs' influential power through an extension of the Frieden-Rogowsky model, where I propose that the sectors damaged by the process of

  4. Twitter and its Usage for Dialogic Stakeholder Communication by MNCs and NGOs

    Schoeneborn, Dennis; Inauen, Sarah


    “Web 2.0” have dramatically widened the range of options for such dialogue processes. Non-governmental organizations (NGOs) in particular make use of “social media” (e.g., Facebook, Weblogs, Twitter) which enable them to quickly generate attention regarding socially and environmentally harmful business...... one particular social media application, that is, Twitter, for dialogic stakeholder communication. In our empirical study, we examine current practices of Twitter usage by MNCs and NGOs. We investigate a dataset of more than 3,000 Twitter articles from 30 MNCs and 30 NGOs in the German-speaking world....... Our analysis is based on the “conceptual orality or literality” scale by Koch and Oesterreicher (1994). The comparative analysis shows that on average MNCs and NGOs exhibit a surprisingly similar profile on Twitter. Both tend toward conceptual literality. However, the analysis of Tweets per...

  5. Multinationals' Political Activities on Climate Change

    Kolk, A.; Pinkse, J.


    This article explores the international dimensions of multinationals' corporate political activities, focusing on an international issue - climate change - being implemented differently in a range of countries. Analyzing data from Financial Times Global 500 firms, it examines the influence on types and process of multinationals' political strategies, reckoning with institutional contexts and issue saliency. Findings show that the type of political activities can be characterized as an information strategy to influence policy makers toward market-based solutions, not so much withholding action on emission reduction. Moreover, multinationals pursue self-regulation, targeting a broad range of political actors. The process of political strategy is mostly one of collective action. International differences particularly surface in the type of political actors aimed at, with U.S. and Australian firms focusing more on non-government actors (voluntary programs) than European and Japanese firms. Influencing home-country (not host-country) governments is the main component of international political strategy on climate change

  6. Multinationality and Opaqueness

    Aabo, Tom; Pantzalis, Christos; Park, Jung Chul


    We investigate whether and how multinationality affects the opaqueness of the firm. We use multiple alternative measurements of multinationality and opaqueness. Spanning nearly three decades for a large sample of US non-financial firms, we find a statistically and economically significant, positi...

  7. Multinational teams in European and American companies

    Numic, Aida


    Incorporating team context into research and practice concerning team effectiveness in multinational organizations still remains an ongoing challenge. The purpose of this dissertation was to explore the influence of industry, corporate culture, structure, strategy and task characteristics on MNTs in business organizations and to develop a more comprehensive framework connecting the internal dynamics with contextual aspects of MNTs functioning in companies in Europe and the USA. The study was ...


    Maria - Ramona SARBU


    Full Text Available Capital, creating new jobs, innovation, advanced technologies and the know-how transfer to local firms, human resources with a high level of training, effective management capacity, providing the necessary inputs for the evolution of the activity under the best conditions of efficiency, the access of local consumers to a variety of products and services are the main advantages that multinational enterprises (MNEs bring in the countries where they expand their activities, with a significant impact on economic activities, between national economies. The purpose of this study is the analysis of the main non-financial multinationals in the world, based on the assets held abroad and depending on the transnationality index (TNI in 2013. In order to achieve the purpose of the current paper we employed data from UNCTAD database and the World Investment Report (WIR from 2015. Information on multinationals ranked by foreign assets according to the World Investment Report in 2015 show that, based on the TNI, European multinationals, such as the ones in France, Italy, Germany and Norway, have a higher transnationality index compared to multinationals from larger countries, such as the US and China. Among the top 10 European multinationals, the transnationality index reached an average of 55 % in 2013.


    Carmen NISTOR


    Full Text Available International business development is a complex phenomenon, characterized by a particularly dynamic due both to external and internal factors of the company and the need to foreshadow future directions in the development of the economic, social, political framework. Taking into consideration the ways that a company can expand, this article aims to analyse the evolution of multinational corporations operating in Romania in 2007-2012. Using data provided by The National Institute of Statistics (NIS, we focus on the multinationals groups that entered Romanian market in the period mentioned above. In this regard, we compared the multinational groups with the national ones, identifying the concentration of foreign capital by country. The results show that although has been recorded a significant variation of multinational groups in Romania, especially during the financial crisis period, the companies from Deutschland occupy first place by number of employees.

  10. CSR perception as a signpost for circular economy

    Esken, Björn; Franco-Garcia, Laura; Fisscher, Olaf A.M.


    Purpose: This paper aims to identify managerial implications for multinational corporations (MNCs) with regard to circular economy (CE) by using data on corporate social responsibility (CSR) perception in different types of market economies owing to diverse institutional contexts. These managerial

  11. Horizontal Multinational Firms, Vertical Multinational Firms and Domestic Investment

    J. Emami Namini (Julian); H.P.G. Pennings (Enrico)


    textabstractWe build a dynamic general equilibrium model with 2 countries, horizontal and vertical multinational activity and endogenous domestic and foreign investment. It is found that horizontal multinational activity always leads to a complementary relationship between domestic and foreign

  12. International trade, market risk, and multinational corporations

    Su, Qi


    In dieser Arbeit werden in vier Kapiteln vier Themen der Weltwirtschaft behandelt: (1) Weshalb konzentrieren sich intra-industrieller Handel und intra-industrielle Investitionen auf Industrieländer? (2) Wieso ist es für ein multinationales Unternehmen wichtig, dauerhaft Technologieführer zu sein? (3) Weshalb sind multinationale Unternehmen in Bezug auf risikoaverses Verhalten erfolgreicher? (4) Weshalb ist freie Faktormobilität nicht ausreichend, um eine Produktionskonvergenz zwischen Industr...

  13. Transnational politics and translocal governance: The politics of corporate responsibility

    Banerjee, S. B.


    In this article, I provide a critical analysis of the politics of corporate social responsibility. I argue that corporate social responsibility is a strategy that enables multinational corporations to exercise power in the global political economy. Using the global extractive industries as a context, I focus on conflicts between communities, the state and multinational corporations that arise owing to the negative social and environmental impacts of mining and extraction. In particular, I ana...

  14. Are less developed countries more exposed to multinational tax avoidance?

    Johannesen, Niels; Tørsløv, Thomas Rasmusen; Wier, Ludvig

    We use a global dataset with information on 210,000 corporations in 102 countries to investigate whether cross-border profit shifting by multinational firms is more prevalent in less developed countries. We propose a novel technique to study aggressive profit shifting and improve the credibility ...

  15. Ownership Concentration and CSR Policy of European Multinational Enterprises

    Dam, Lammertjan; Scholtens, Bert


    This study investigates how ownership concentration in European multinational firms is associated with these firms' corporate social responsibility (CSR). We employ factor analysis on responsibility data from EIRiS and use a regression analysis. Using firm-level data for almost 700 European firms,

  16. Multinationals, CSR and partnerships in Central African conflict countries

    Kolk, A.; Lenfant, F.


    Attention has increased for the potential role of multinational enterprises (MNEs) in helping address conflict issues and/or furthering peace and reconciliation as part of their corporate social responsibility (CSR) policies. However, while existing literature emphasises the importance for MNEs to

  17. Multinationals, CSR and Partnerships in Central African Conflict Countries

    A. Kolk (Ans); F. Lenfant (François)


    textabstractAttention has increased for the potential role of Multinational Enterprises (MNEs) in helping address conflict issues and/or furthering peace and reconciliation as part of their corporate social responsibility policies. However, while existing literature emphasises the importance for

  18. The Interplay of Networking Activities and Internal Knowledge Actions for Subsidiary Influence within MNCs

    Tavani, Zhaleh Najafi; Giroud, Axèle; Andersson, Ulf


    Building on resource dependency theory; this research investigates the joint impacts of subsidiary knowledge based actions (Reverse Knowledge Transfer (RKT) and knowledge development) and networking activities (internal and external embeddedness) on its strategic influence in the multinational co...

  19. Organizational architecture of multinational company

    Vrbová, Tereza


    The Bachelor's Thesis ,,Organizational architecture of multinational company" sets the target to analyse organizational structures used in multinational companies at present. In the teoretical section is briefly described development of this subject, basic concepts associated with organizational architecture such as globalization, multinational companies and organizational architecture. I also generalized main characteristics of organizational forms and describe their pros and cons. The pract...

  20. The impact of national context effects on HRM practices in Russian subsidiaries of Western MNCs

    Novitskaya, O.; Brewster, Chris


    This article contributes to the research on comparative human resource management by providing a model of the Russian business system and its effect on human resource management practices at Russian subsidiaries of Western multinational companies. Whitley’s approach was adopted to illustrate the links between institutional arenas, business systems, and human resource management practices. The empirical part is based on interviews with senior human resources managers of Western multinational c...

  1. The Multinational Firm

    Morgan, Glenn; Hull Kristensen, Peer; Whitley, Richard

    . These processes occur at a number of levels which are explored in different empirical settings. Firstly, at the level of governance, multinational firms may develop conflicts between investors from different national contexts, for example between the arms-length orientation of Anglo-Saxon institutional investors...

  2. Multinational Quality Assurance

    Kinser, Kevin


    Multinational colleges and universities pose numerous challenges to the traditional models of quality assurance that are designed to validate domestic higher education. When institutions cross international borders, at least two quality assurance protocols are involved. To guard against fraud and abuse, quality assurance in the host country is…




    Full Text Available The competitiveness of multinational corporations is a particularly complex concept due to the fact that at present this type of company represents economic entities which continue to develop in the context of the process of internationalization and the transition to the use of global strategies. Competitiveness is a competition between corporations for new positions on the markets. With regard to the competitiveness of multinational corporations, the most accurate description was given by Gilbert Abraham Frois who believed these businesses must think globally, but act locally. In the competitive global market, emphasis is laid on plus – the value given by the competitiveness of the human element, taking into account the fact that the human resource doesn’t run out, and its value doesn’t decrease over time, but on the contrary, its value increases on condition that it is rigorously managed and developed.

  4. The Rights of Multinationals in the Global Transparency Framework : McCarthyism?

    Mosquera, Valderrama I.J.


    The overall aim of this article is to analyse the rights of corporations (mainly multinationals) when dealing with tax authorities in this new era of transparency and “fair share”. The article addresses two questions: First, what are the rights and obligations of corporations as taxpayers in

  5. Multiple Learning Tracks: For Training Multinational Managers

    Harvey, Michael G.; Kerin, Roger A.


    The problem of identifying and training college students to be effective multinational marketing managers is investigated in three parts: (1) Identification of multinational manager attributes, (2) selection of multinational managers, and (3) multiple "track" training programs. (TA)

  6. Organizing Corporate Social Responsibility in Small and Large Firms: Size Matters

    Baumann-Pauly, D.; Wickert, C.M.J.; Spence, L.; Scherer, A.G.


    Based on the findings of a qualitative empirical study of corporate social responsibility (CSR) in Swiss MNCs and SMEs, we suggest that smaller firms are not necessarily less advanced in organizing CSR than large firms. Results according to theoretically derived assessment frameworks illustrate the

  7. Multinationals and international environmental policy

    Dam, L.; Scholtens, B.


    Multinationals with relatively poor environmental policy establish themselves in countries with weak environmental regulation. These activities are not undertaken in the poorest or most corrupt countries though. The question arises if multinationals with relatively developed environmental behavior settle less or more often in countries with environmental legislation. [mk] [nl

  8. The (Un)Predictable Factor

    Minbaeva, Dana; Navrbjerg, Steen Erik


    When multinational corporations (MNCs) take over subsidiaries in other countries and institutional settings, their headquarters often encounter employment relations systems that differ markedly from the systems they know from their country of origin. Building on insights from social capital theory...

  9. Search Results | Page 68 | IDRC - International Development ...

    Results 671 - 680 of 768 ... A boom in private businesses has attracted a large number of ... domestic ICT firms and foreign multinational corporations (MNCs) with presences in Cos ... trade facilitation, trade finance and communication technology.

  10. Search Results | Page 803 | IDRC - International Development ...

    Results 8021 - 8030 of 8518 ... BUSINESS FINANCING HUMAN RESOURCES ... The presence and activities of ICT and IT-enabled Multinational Corporations (MNCs) helps the ... trade facilitation, trade finance and communication technology.

  11. Search Results | Page 908 | IDRC - International Development ...

    Results 9071 - 9080 of 9580 ... ICT sectors and clusters, local firms performance and employment ... ICT firms and foreign multinational corporations (MNCs) with presences in Cos ... trade facilitation, trade finance and communication technology.

  12. Multinational alternatives and nuclear nonproliferation

    Scheinman, L.


    The use of multinational institutional arrangements to control sensitive nuclear-fuel-cycle activities has interested policymakers since the dawn of the nuclear age. Several such ventures have been tried in the past, largely for economic, commercial, or technical reasons, and they have enjoyed varying degrees of success. More recently, with the spread of sensitive nuclear technologies, multinational arrangements have received increasing attention as a means of reinforcing international safeguards which, together with political commitments on peaceful use, have been the principal components of the nonproliferation regime. The political acceptability and efficacy of multinational arrangements is related to the historic experience with multinational ventures, the changed political circumstances of the 1970s, and the probable requirements for constructive future cooperation. As part of a comprehensive regime covering the development of sensitive nuclear activities, multinational arrangements can reinforce the regime in a manner that is widely acceptable. A political effort to win support for such arrangements is thus worthwhile. 29 references

  13. Global Account Management for Sales Organization in Multinational Companies

    Canegrati, Tino


    A Global Company is not just a Multinational Company, but on top it has developed an organizational structure, an overall governance and a set of operational decision making processes which allow running a significant percentage of business processes as a unique body across borders. Successful Global Companies have a clear setup and governance of local versus centralized decision making processes, as well as budget ownership. Corporations focused on global opportunities need to re-think their...

  14. A Case Study in Corporate Social Responsibility

    Sharon K. Kendrick


    Full Text Available This case study promotes analysis through a brief investigation into the role of corporate social responsibility (CSR in the operation of a multinational corporation as evidenced by Google, Inc. The study focuses on a transnational company in order to observe the impact of CSR practice on a global level. The study will present implications of CSR for corporate management, corporate employees, state regulators, shareholders, and customers in general. In addition, the study will discuss consequences of poor CSR compliance for a multinational corporation. Questions for analysis include implications of CSR, employee retention, development of corporate culture, and evaluation of advantages and disadvantages of different CSR approaches. Upon conclusion of the study, suggestions are made for future collaborative efforts in corporate social responsibility as applied to psychological, sociological, and economical motives. Recruiting and training possibilities also present partnership opportunities for best practice sharing in regards to community, civic, and service engagement.

  15. Associative corporate governance: the steel industry case

    Joustra, P.K.


    This thesis argues for a radical change in the way multinational corporations prepare their decisions, both on a strategic level and on a day-to-day operational level. It proposes and details a new perspective of corporate governance based on the principles of associative democracy as a

  16. Employment of the Disabled in Large Corporations.

    Rabby, Rami


    Large corporations are in a unique position to employ the disabled, but they sometimes lack the motivation to do so. The author discusses elements of a corporate policy for the disabled, ways of formulating and disseminating it, assignment of responsibility, changes in management attitudes, and the special case of the multinational company.…

  17. Multinational Exploration of Acquired R&D Activities

    Gammelgaard, Jens


    R&D. This paper establishes the connection between amultinational corporation that follows a capability-motivated acquisition strategy and theR&D role new subsidiaries should play in order for the acquired resources to be utilizedcorporation-wide. Statistical findings reveal the need to follow......This paper presents the results of a survey of 54 Danish multinational corporations that haveacquired activities abroad. The role of the acquired R&D units was the focus of the survey,particularly with respect to the schism between basic and applied R&D, and the schismbetween autonomous and network...

  18. Multinationals and plant survival

    Bandick, Roger


    The aim of this paper is twofold: first, to investigate how different ownership structures affect plant survival, and second, to analyze how the presence of foreign multinational enterprises (MNEs) affects domestic plants’ survival. Using a unique and detailed data set on the Swedish manufacturing...... sector, I am able to separate plants into those owned by foreign MNEs, domestic MNEs, exporting non-MNEs, and purely domestic firms. In line with previous findings, the result, when conditioned on other factors affecting survival, shows that foreign MNE plants have lower survival rates than non......-MNE plants. However, separating the non-MNEs into exporters and non-exporters, the result shows that foreign MNE plants have higher survival rates than non-exporting non-MNEs, while the survival rates of foreign MNE plants and exporting non-MNE plants do not seem to differ. Moreover, the simple non...

  19. The State of the Corporation

    Hein Jessen, Mathias

    Today it has become commonplace to claim the demise of the power of the democratic nation-state due to globalization, neoliberal policies and the increasing power of transnational entities (UN, EU, IMF, WTO, World Bank) and multinational corporations. This view, however, prevalent in both public...

  20. Corporation-led urban development

    Potters, B.; Heurkens, E.W.T.M.


    Since a couple of years a remarkable phenomenon is witnessed in the field of urban development which entails that large multinationals corporations, such as IKEA and Siemens, start to engage in urban development projects. As their motivation to do so is unclear, it is difficult to estimate whether

  1. Selling cultural heritage?

    Groot, B.M.


    This thesis explores the value of cultural and archaeological heritage through a focus on multinational corporations (MNCs) across industries and their involvement with cultural heritage. Research to date has focused mainly on industries where MNCs have a direct impact on cultural or archaeological

  2. Research and Development Knowledge Transfer across National Cultures

    Thiessen, M.; Hendriks, P.H.J.; Essers, C.; Pauleen, David J.


    With the increased tendency of multinational corporations (MNCs) to disperse their research and development (R&D) activities over various countries, the integration of the dispersed R&D knowledge via knowledge transfer across cultural borders becomes crucial for understanding and managing MNCs. The

  3. Multi-Stakeholder Sustainability Alliances in Agri-Food Chains: A theory of Reasoned Action Approach

    Dentoni, D.; Peterson, H.C.


    This study provides a definition of Multi-Stakeholder Sustainability Alliances (MSSAs) based on describing the platforms formed and/or joined by the fifty largest food and beverage multinational corporations (MNCs). It develops an inductive framework on how MNCs use MSSAs to effectively signal to

  4. R&D subsidiary isolation in knowledge-intensive industries: evidence from Austria

    Williams, C.; Nones, B.


    We investigate R&D subsidiary isolation within Multinational Corporations (MNCs) competing in knowledge-intensive industries. For such MNCs, accessing knowledge and nurturing the innovative potential of R&D subsidiaries is vital for on-going competitiveness. This, according to conventional thinking,

  5. Organizational architecture of multinational companies

    Sikorová, Lenka


    The main goal of the bachelor thesis Organizational Architecture of Multinational Companies is to elaborate the overview of organizational structures that are used by modern global companies. The thesis contains an analysis of such companies development, principles of functioning, pros and cons and the opportunities which these brings. It also contains a description of the basic concepts associated with organizational architecture such as globalization, multinational companies and organizatio...

  6. Lean Transformation of Multinational Concerns

    Matthiesen, Rikke Vestergaard; Johansen, John


    triggered. This paper reports on exploratory studies from a multinational company adopting centrally managed pilot projects as a transformation mechanism for continuous change towards a lean business system and an organizational culture of continuous improvements (CI). Competitive pressure demands...... from a multinational company adopting centrally managed pilot projects as a transformation mechanism for continuous change towards a lean business system and an organizational culture of continuous improvements (CI)....

  7. Forming a multinational joint venture

    Bhatia, N.K.; Garb, R.H.; Statton, T.D.


    This paper discusses the basis and mechanics for forming a multinational joint venture. The topics of the paper include the motivations for a joint venture, selection of the appropriate co-venturer, management of the multinational joint venture, and the joint venture agreement. The authors state that a joint venture is not applicable or desirable in all instances and to be successful, must be carefully planned

  8. Sustainable bonuses: Sign of corporate responsibility or window dressing?

    Kolk, A.; Perego, P.


    Despite a strong plea for integrating sustainability goals into traditional corporate bonus schemes, a comprehensive implementation of these systems has been lacking until recently. This article explores four illustrative cases from the Netherlands, where several multinationals started to pioneer

  9. Social Innovation : Driving Forces of Social Innovation in MNC

    Tam, Hoising; Osadcha, Liudmyla


    Multinational Corporations (MNCs) currently face not only a dynamic business environment and challenging profit target, but also increased expectations from the public to take responsibility for addressing social, economic, and environmental issues. There is a tendency that the leading companies in the global market, especially MNCs, put more effort to the Social Innovation (SI). This study is to investigate what drives the MNCs to be involved in social innovation. In order to find out the re...

  10. Strategic Complexity and Global Expansion

    Oladottir, Asta Dis; Hobdari, Bersant; Papanastassiou, Marina


    The purpose of this paper is to analyse the determinants of global expansion strategies of newcomer Multinational Corporations (MNCs) by focusing on Iceland, Israel and Ireland. We argue that newcomer MNCs from small open economies pursue complex global expansion strategies (CGES). We distinguish....... The empirical evidence suggests that newcomer MNCs move away from simplistic dualities in the formulation of their strategic choices towards more complex options as a means of maintaining and enhancing their global competitiveness....

  11. Análise multinível das variações no índice de massa corporal entre adultos, Brasil, 2006 Análisis multinivel de las variaciones en el índice de masa corporal entre adultos, Brasil, 2006 A multilevel analysis of variations in body mass index among adults, Brazil, 2006

    Rosely Sichieri


    Full Text Available OBJETIVO: Analisar variações do índice de massa corporal (IMC entre adultos segundo fatores individuais e características ambientais das cidades. MÉTODOS: Foram utilizados dados de 2006 do Sistema de Vigilância de Fatores de Risco e Proteção para Doenças Crônicas por Inquérito Telefônico (VIGITEL. Trata-se de inquérito baseado em entrevistas telefônicas realizadas em amostras probabilísticas da população com idade >18 anos nas 26 capitais estaduais brasileiros e no Distrito Federal. A análise de fatores associados incluiu variáveis socioeconômicas e demográficas, individuais e ambientais da cidade referentes a 49.395 participantes do VIGITEL. O consumo alimentar foi avaliado por escore de alimentação saudável e pelo consumo de frutas e hortaliças cinco ou mais vezes por dia. Atividade física foi avaliada pela freqüência e duração de exercícios, e pela presença local de equipamentos para realizá-los. As associações foram testadas em modelos lineares multinível (pOBJETIVO: Analizar variaciones del índice de masa corporal (IMC entre adultos según factores individuales y características ambientales de las ciudades. MÉTODOS: Fueron utilizados datos de 2006 del Sistema de Vigilancia de Factores de Riesgo y Protección para Enfermedades Crónicas por Pesquisa Telefónica (VIGITEL. Se trata de pesquisa basada en entrevistas telefónicas realizadas en muestras probabilísticas de la población con edad >18 años en las 26 capitales estatales brasileras y en el Distrito Federal. El análisis de factores asociados incluyó variables socioeconómicas y demográficas, individuales y ambientales de las ciudades referentes a 49.395 participantes del VIGITEL. El consumo alimentario fue evaluado por escore de alimentación saludable y por el consumo de frutas y hortalizas cinco o más veces por día. Actividad física fue evaluada por la frecuencia y duración de ejercicios, y por la presencia local de equipamientos para


    Daniele Schilirò


    Full Text Available The paper provides an investigation of medium-sized Italian industrial enterprises that have become multinational companies. It concetrates on the set of medium and medium-large enterprises who seem to grow more in foreign markets, either through exports or through foreign direct investment. The work also offers a descriptive empirical picture of the performance of medium-sized Italian multinationals, which is compared with the performance of large corporations. From this analysis, which is based on several data sources, it is possible to outline a profile regarding the medium-size italian multinational enterprises; the aim is to understand the complex strategy towards internationalization of these companies, where the dimension of production is important and, therefore, innovation has a key role. Also the commercial dimension is crucial, because it leads to point to the direct supervision of foreign markets and to look very carefully at the customers, offering them a wide range of services. Finally, the paper highlights some critical issues that the medium sized multinational enterprises have to face for competing: namely, the stagnant productivity, the high taxation, the insufficient institutional support for internationalization, the bureaucracy and its high costs, the lack of skilled human capital available in the labor market due to inadequate policy training.

  13. Your language or mine? or English as a lingua franca? Comparing effectiveness in English as a lingua franca and L1–L2 interactions: implications for corporate language policies

    Mulken, M.J.P. van; Hendriks, B.C.


    For multinational corporations, the need for efficiency and control has motivated the choice for a corporate language. However, increasing internationalisation has forced corporations to rethink their language policies to cater to the changing demands of the multicultural and multilingual workplace.

  14. Euphemisms and Hypocrisy in Corporate Philanthropy

    la Cour, Anders; Kromann, Joakim


    philanthropic while remaining economically responsible. In this situation, some researchers have argued, corporations run the risk of being caught out as hypocrites. Through an analysis of the corporate social responsibility reports of the biggest multinational corporations, this article shows how the risk...... of hypocrisy is managed communicatively through the use of euphemisms. The article argues that the use of euphemisms makes it possible to communicate both economically and philanthropically without manifest contradictions. Euphemisms, however, are also risky in their own right....

  15. Multinational underground nuclear parks

    Myers, C.W. [Nuclear Engineering and Nonproliferation Division, Los Alamos National Laboratory, MS F650, Los Alamos, NM 87544 (United States); Giraud, K.M. [Wolf Creek Nuclear Operating Corporation, 1550 Oxen Lane NE, P.O. Box 411, Burlington, KS 66839-0411 (United States)


    Newcomer countries expected to develop new nuclear power programs by 2030 are being encouraged by the International Atomic Energy Agency to explore the use of shared facilities for spent fuel storage and geologic disposal. Multinational underground nuclear parks (M-UNPs) are an option for sharing such facilities. Newcomer countries with suitable bedrock conditions could volunteer to host M-UNPs. M-UNPs would include back-end fuel cycle facilities, in open or closed fuel cycle configurations, with sufficient capacity to enable M-UNP host countries to provide for-fee waste management services to partner countries, and to manage waste from the M-UNP power reactors. M-UNP potential advantages include: the option for decades of spent fuel storage; fuel-cycle policy flexibility; increased proliferation resistance; high margin of physical security against attack; and high margin of containment capability in the event of beyond-design-basis accidents, thereby reducing the risk of Fukushima-like radiological contamination of surface lands. A hypothetical M-UNP in crystalline rock with facilities for small modular reactors, spent fuel storage, reprocessing, and geologic disposal is described using a room-and-pillar reference-design cavern. Underground construction cost is judged tractable through use of modern excavation technology and careful site selection. (authors)

  16. International trade. Multinational aspects.

    Ozawa, Y


    Of numerous regional economic agreements, the European Union (EU), the North American Free Trade Agreement (NAFTA), South American Common Market (MERCOSUR), the Association of Southeast Asian Nations (ASEAN), the South Asian Association for Regional Cooperation (SAARC) and the Australia-New Zealand Closer Economic Relations Agreement are examples that are actively pursuing regional integration for freer trade of animals and animal products. The World Trade Organization (WTO) believes that regional and multinational integration initiatives are complements rather than alternatives in the pursuit of more open trade. In the efforts to harmonize SPS standards among multilateral trading nations, it is recommended that national requirements meet the standards developed by the OIE and the FAO/WHO Codex Alimentarius Commission as the minimum requirements rather than adopting the standards of the lowest common denominator. Regional grouping may hinder multilateral or bilateral trade between the countries of a group and those of the other groups. How to eliminate such non-tariff barriers as traditional trade custom remains to be examined. Ongoing activities of VICH (Harmonisation of Technical Requirements for Registration of Veterinary Medical Products) may pave the way for more open trade in pharmaceutical products between multilateral regional groups.

  17. Value-Chain Networks and Entrepreneurial Output in Multinational Subsidiaries

    Dimitratos, Pavlos; Andersson, Ulf; Liouka, Ioanna


    on their entrepreneurial output. Entrepreneurial output can generate superior performance and positive externalities to the subsidiary. Based on a large-scale study of 268 multinational subsidiaries in the UK, we find that value-chain networks have a higher positive impact than multinational corporation (MNC) networks...... and non value-chain networks; because they may provide the subsidiary knowledge with market opportunities that it lacks and that the other types of networks cannot effectively provide. However, value-chain networks have a negative effect on entrepreneurial output of a subsidiary operating...... in an environment of high uncertainty; because they can constrain the exploration and creation of new knowledge that cannot be provided by any of the networks. Contrary to our expectations, the combined effect of value-chain and non-value chain networks has a negative influence on entrepreneurial output; and...

  18. Human resource policy and Danish multinational companies

    Fleming, Daniel; Søborg, Henrik

    A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore.......A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore....

  19. Multinational Companies, Technology Spillovers, and Plant Survival

    Holger Görg; Eric Strobl


    This paper examines the effect of the presence of multinational companies on plant survival in the host country. We postulate that multinational companies can impact positively on plant survival through technology spillovers. We study the nature of the effect of multinationals using a Cox proportional hazard model which we estimate using plant level data for Irish manufacturing industries. Our results show that the presence of multinationals has a life enhancing effect only on indigenous plan...

  20. Intraorganizational Career Advancement and Voluntary Turnover in a Multinational Bank in Taiwan

    Zhao, Wei; Zhou, Xueguang


    Purpose: This study aims to investigate how various aspects of intraorganizational career advancement--current career attainments, recent pace of upward mobility, and future prospect of career advancement--affect voluntary turnover, drawing empirical evidence from a multinational corporation (MNC) in Taiwan's cultural and labor market environment.…

  1. Using Internet Resources in Teaching Financial Reporting and Analysis of Multinational Enterprises.

    Agami, Abdel M.


    Provides some sources of corporate financial information on the Internet and illustrates how to use these resources in teaching international business and, more specifically, financial reporting and analysis of multinational enterprises. Points out some of the advantages and limitations of these resources. (EV)

  2. The Role of Language in National and Multinational Enterprises in Taiwan.

    Du-Babcock, Bertha; Babcock, Richard D.

    Communication patterns and language use in four national and multinational companies operating in Taiwan illustrate the potential for communication problems when more than one language is in use. The companies include Texas Instruments, Kaohsiung Monomer Company, Ltd., Bank of America, and Cheng-Yia International Corporation. In the four…

  3. Multinational Heterogenity and Knowledge Diffusion

    Smeets, R.A.L.M.


    During the past two decades, governments all around the world have spent millions of dollars to attract Foreign Direct Investment (FDI) of multinational companies. The large sums of money spent in this way have been justified on grounds of the alleged benefits of such activities in terms of domestic

  4. Globalization : Countries, Cities and Multinationals

    McCann, Philip; Acs, Zoltan J.


    McCann P. and Acs Z. J. Globalization: countries, cities and multinationals, Regional Studies. This paper explores the relationship between the size of a country, the size of its cities, and the importance of economies of scale in the modern era of globalization. In order to do this, it integrates




    Full Text Available Over the past few years, large multinational companies originating from Russia have shown outstanding performances alongside their road from regional dominance to global leaders. Taking stock of recent approaches in the literature and statistical data released by well-known international organizations, our papers aims to provide some new insights from the amazing universe of Russian multinationals, following the 2008-2009 global economic crisis. The list of the largest multinationals from Russia shows that corporations from oil & gas and metallurgical sector are prevailing, as a consequence of the resource – based character of the Russian economy. Although Russian giants represents a quite heterogeneous class of companies, they do share several common features such as their propel mechanism of expansion on the global business stage (leveraged by the resource-based nature of their home economy, their tendency to invest in the neighboring countries (like Commonwealth of Independent States or East European countries, their modes of entry (through brownfield projects etc.

  6. Corporate against corporate management

    Runcev, Nikolce; Krstev, Boris; Golomeova, Mirjana


    In contemporary economic performance, corporate governance is considered an essential prerequisite in building a successful system for creating an attractive investment climate, which is characterized by competing companies oriented and efficient financial markets. Good corporate governance is based on principles of transparency, bias, efficiency, timeliness, completeness and accuracy of information at all levels of management. Companies with good corporate governance and afford easier acc...

  7. The Danish Model of Corporate Citizenship

    Rendtorff, Jacob Dahl


    , but the corporation also engages in research to manufacture related medicines and to find a cure for the disease. Novo Nordisk is a company that considers good corporate citizenship and CSR as fundamental for a management strategy. The company also works with stakeholder communication as important for corporate self-perception...... identity, image, and self-perception. Moreover, values of balance are also connected with external stakeholders in the sense that they contribute to the formation and identification of ethical integrity as a central component of organizational identity. Novo Nordisk is a large multinational corporation...

  8. The Effect of Organizational Separation on Individuals’ Knowledge Sharing in MNCs

    Dasi, Angels; Pedersen, Torben; Gooderham, Paul N.


    a unique data-set of more than 4000 individual responses from an MNC, Telenor, we test how three types of drivers for individuals’ knowledge sharing – individuals’ motivation, and individuals’ perceptions of organizational values and organizational work practices – work differently within, as opposed...... to across, business units. Our analysis suggests that while intrinsic motivation, innovative values and job autonomy are relatively important drivers of knowledge sharing within the business units, extrinsic motivation, result-oriented values and participation in corporate employee development...

  9. Corporate Responsibility

    Waddock, Sandra; Rasche, Andreas


    We define and discuss the concept of corporate responsibility. We suggest that corporate responsibility has some unique characteristics, which makes it different from earlier conceptions of corporate social responsibility. Our discussion further shows commonalities and differences between corporate...... responsibility and related concepts, such as corporate citizenship and business ethics. We also outline some ways in which corporations have implemented corporate responsibility in practice....

  10. The Army in Multinational Operations


    multinational commanders may be faced with nations refusing to perform assigned tasks. The term “national red card” using a soccer simile has been coined...human rights of individuals and groups must be respected. Impartiality. Humanitarian assistance must be provided without discrimination . Relief is...given without regard to nationality, political or ideological beliefs, race, religion, sex , or ethnicity, but only on the basis of the urgency of

  11. Multinational banks and development finance

    Weller, Christian E.; Scher, Mark J.


    Financial market recommendations for less industrialized economies, particularly in the wake of the recent financial crises, have included a push for more international financial competition. The entry of multinational banks (MNBs) into developing economies is supposed to create more market discipline for domestic banks, thus making them more efficient, and enhancing financial stability. Using data from the BIS and the IMF, we look at the determinants of MNB presence, at MNB activities, and t...

  12. Foreign investment multinational companies and economic development

    Popov Đorđe


    Full Text Available There is no universal answer on the question whether foreign investments stimulate economic development. The positive effect of foreign direct investments will follow when the investments is carried out under normal conditions of competition. That means, above all, low barriers for foreign trade and the low level of restrictions for foreign owned companies. In such circumstances, multinational corporations can assist the economies of penetration to make its businesses more efficient. Foreign investors bring with them brand new types of economic activities and in that way shifting the limits of business opportunities in the countries of penetration. But if the investments are implemented in markets protected with protectionist barriers of various kinds, then they could have negative effects. The negative effects are in particularly reflected in the inefficient use of domestic resources. Foreign investments depend on the macro and micro institutional reforms, low inflation, real exchange rate, and reasonably efficient legal system that protects the property rights and encourages savings and investment. The low level of corruption, together with the foregoing conditions is a prerequisite for the creation of a stimulating environment for foreign investments.

  13. The Corporate Code of Ethics at Home, Far Away and in Between : Sociomaterial Translations of a Traveling Code

    Babri, Maira


    Corporate codes of ethics (CCEs) have become increasingly prevalent as overarching ethical guidelines for multinational corporations doing business around the globe. As formal documents, governing corporations’ work, policies, and ways of doing business, CCEs are meant to guide all business activities and apply to all of the corporation’s employees, suppliers, and business partners. In multinational corporations, this means that diverse countries, cultures, and a myriad of heterogeneous actor...


    Lucia P. BLĂJUȚ


    This paper highlights the significant share of multinational companies in international trade that are a factor of developing global economies. In the context of economic globalization the activity of multinational companies and their foreign direct investment have a strong impact on the host country which presents advantages and disadvantages for them. The main objective of this article is the review of the important role played by multinationals in economic development, especially in develo...

  15. Multinational Firms and The New Trade Theory

    James R. Markusen; Anthony J. Venables


    A model is constructed in which multinational firms may arise endogenously. Multinationals exist in equilibrium when transport and tariff costs are high, incomes are high, and firm-level scale economies are important relative to plant-level scale economies. Less obvious, multinationals are more important in total economic activity when countries are more similar in incomes, relative factor endowments, and technologies. The model may thus be useful in explaining several stylized facts, includi...

  16. Modular Structures in a Multinational Force Headquarters

    Stewart, K; Christie, M


    .... It is proposed that future Multinational Force (MNF) military headquarters (HQ) can achieve this flexibility through a modular organizational structure enabled by networked information management and communication technologies...

  17. Transnational Crime and the Criminal-Terrorist Nexus: Synergies and Corporate Trends

    Hesterman, Jennifer


    ... to continually evade law enforcement. Exacerbating the growing problem is the fact that the groups involved in transnational crime operate with a level of sophistication previously only found in multinational corporations...

  18. Transnational Crime and the Criminal-Terrorist Nexus: Synergies and Corporate Trends

    Hesterman, Jennifer L


    ... to evade law enforcement continually. Exacerbating the growing problem is the fact that the groups involved in transnational crime operate with a level of sophistication previously only found in multinational corporations...

  19. An internalization approach to joint ventures: the case of Coca-Cola in China

    Mok, Vincent; Dai, Xiudian; Yeung, Godfrey


    In the presence of high transaction costs due to market imperfections, it is normally less expensive for multinational corporations (MNCs) to conduct their business activities in new markets through their internal corporate structures rather than by relying on the markets. Based on a case study of Coca-Cola's entry into the Chinese market, this paper tests the applicability of internalization theory to explaining the entry mode choices of MNCs in developing countries. Internalization theory r...

  20. Toward Unity of Command for Multinational Air Forces

    Asjes, David


    To assure unity of command in future multinational air operations, combatant commanders must embrace the necessity of multinational air forces, maximize the integration of allied officers within air...

  1. Corporate social responsibility in the new global economy

    Lindfelt, Lise-Lotte


    This paper is a discussion of the rights and responsibilities of global corporations. Multinational and transnational corporations of the new economy face a serious difficulty in being ethical today. The environment is subject to the enormous influence of material monism and ethics becomes at times a question of profits. This paper discusses a few aspects on ethical marketing strategies, the use of ethical codes and corporate survival under the pressures of increasing globalization. The purpo...

  2. Lending Behavior of Multinational Bank Affiliates

    Derviz, Alexis; Podpiera, J.


    Roč. 1, č. 1 (2011), s. 19-36 ISSN 2077-429X Institutional research plan: CEZ:AV0Z10750506 Keywords : Multinational bank * Contagion * Substitution * Agency Subject RIV: AH - Economics behavior of multinational bank affiliates.pdf

  3. Cross-Cultural Adjustment Process of Expatriate Families in a Multinational Organization: A Family System Theory Perspective

    Rosenbusch, Katherine


    The purpose of this survey based study was to examine whether the characteristics (i.e., flexibility and cohesion) of expatriate families in a multinational corporation as measured by the Family Adaptability and Cohesion Evaluation Scale can predict cross-cultural adjustment of the expatriate (individual level of analysis) and his/her family…

  4. Institutional limits to the internalization of work systems : A comparative study of three Japanese multinational companies in the UK

    Saka, A


    This study adopts a multilevel comparative approach to investigating the degree to which Japanese work systems are implemented and internalized in the UK business system. The focus is on the limits to accepting the continuous improvement schemes of Japanese multinational corporations. The article

  5. Beyond Corporate Social Responsibility : The Scope for Corporate Investment in Community Driven Development

    World Bank


    The last decade has witnessed expanded awareness among companies, especially multinational corporations, of their responsibilities toward the communities they impact, elaborated in the concept of Corporate Social Responsibility (CSR) and allied notions such as a Social License to Operate (SLTO). CSR is the realization of business contributions to sustainable development goals. It refers to how business takes account of its economic, social and environmental impacts in the way it operates -- m...

  6. Global ERP systems and harmonization of practices in multinational corporations

    Rahimi, Fatemeh; Møller, Charles


    to the formatting requirements as this will be your camera-ready version, and a PDF format will be generated directly from your submitted final Word version. Please note several limitations on length: (1) your abstract should be no more than 150 words, as the abstract will also be used for the conference program......, (2) your entire paper should be no more than 5,000 words, including all materials and sections such as figures, tables, and references. This paper length is intended to encourage authors to publish full-length papers in journals or other outlets at a later date....

  7. U. S. Multinational Corporations and National Security Policy


    tfol/o) action between them. A random .Ci • t° def^ne the areas of inter- Acers A ä^^^-ä z^r***- were no references to foreign or mil^Lf, as1...the rubber of Malaysia ,and the bauxite of Jamaica, Surinam and Australia. The essential characteristics of these natural resource regions have

  8. Sustainability, accountability and corporate governance: Exploring multinationals' reporting practices

    Kolk, A.


    Recent years have seen a rapid increase in accountability pressures on particularly large global companies. The increased call for transparency comes from two different angles, which show some (potential) convergence in terms of topics and audiences: accountability requirements in the context of

  9. IHRM's Role in Knowledge Management in Multinational Corporations

    Minbaeva, Dana


    Organizational knowledge has become the most strategically significant resource for organizations (Grant 1996a, 1996b). However, this invaluable resource may remain undiscovered, underleveraged, and trapped in the minds of individuals. Organizational competitiveness is enhanced not by knowledge p...

  10. Corporate Social Responsibility (CSR) Initiatives at Multinational Companies in Malaysia

    Ali, Muhamad Sham Shahkat


    Today it is generally accepted that organisations have social responsibilities that extend well beyond what in the past was commonly referred to simply as the “business economic function”. This study sets out to find out the motivation of Shell Malaysia (SM) in practicing their CSR initiatives. Understanding that no metaphor is perfect and that the pyramid of CSR by Archie B Carroll is no exception, the four responsibilities: economic, legal, ethical and philanthropic is intended to portray t...

  11. Simulation as a Method of Teaching Communication for Multinational Corporations.

    Stull, James B.; Baird, John W.

    Interpersonal simulations may be used as a module in cultural awareness programs to provide realistic environments in which students, supervisors, and managers may practice communication skills that are effective in multicultural environments. To conduct and implement a cross-cultural simulation, facilitators should proceed through four stages:…

  12. Health impact assessment in multinationals: A case study of the Royal Dutch/Shell Group

    Birley, Martin


    Health impact assessment is part of the risk management process of multinational corporations/companies. Sexually transmitted infections, including HIV/AIDS, and the 'paradox of plenty' are used as examples of the challenges they face. The 'business case' for impact assessment is explained. The policies, procedures, standards, and activities used by Shell to manage such risks are described. An approach to capacity building and competency development is presented that applies to both company staff and external contractors

  13. Up and Down the Multinational Corporations’ Global Labor Supply chains: Making Remedies that Work in China

    Brown, Ronald C.


    Today, multinational and domestic corporations in many industries are no longer self-contained vertical structures with permanent staff, but increasingly are horizontal organizations with fissured employment characteristics using outsourcing, franchising, and subcontracting with contractors and chains of subcontractors. Too often, the workers of the subcontractors suffer the consequences of the subcontractors’ cost cutting measures, work in unfavorable conditions, and have low wages and few b...

  14. How do new ventures in MNC ecosystems proactively overcome interfirm asymmetries?

    Shameen Prashantham


    Full Text Available Several contemporary large multinational corporations (MNCs have developed interfirm ecosystems that are likely to attract a heterogeneous set of actors, including new ventures. New ventures are asymmetric vis-à-vis the focal MNC in terms of organisational size, structure and power which could be an impediment to the development of social capital between these sets of firms. And yet MNCs are potentially a source of novel information, opportunities and ideas. An interesting question to consider therefore is how new ventures overcome interfirm asymmetries to develop and leverage social capital with large MNCs. Our synthesis of the academic literature suggests that some new ventures are more adept than others at partnering with MNCs because they are more proactive in forming and leveraging interfirm ties with large MNCs. Insightful observations of four panellists shed light on how startups’ proactive behaviours can be vitally important in forming, consolidating and extending relationships with large MNCs.

  15. Successes and Challenges of Emerging Economy Multinationals

    Successes and Challenges of Emerging Economy Multinationals investigates a broad variety of cases presenting clear evidence of fast successful internationalization of emerging economy multinationals originating not only from big economic players such as China, India and Russia but also from other...... successfully internationalizing emerging countries, namely South Africa and Poland. In terms of size, the firms vary from huge multinational firms such as Huawei, Tata and Gazprom, to really small high technology firms. The in-depth analysis conducted in this book leads to the indication of numerous novel...

  16. Non-proliferation and multinational enterprises


    The paper supplements CC/WG.2/9 in presenting the Japanese delegation's contribution in the areas of non-proliferation and multi-national enterprises. The paper questions whether multinational enrichment enterprises would constitute a significant non-proliferation factor, noting that the nature of the venture might create a potential for the dissemination of sensitive information. The paper also argues that a multi-national venture which was not economically competitive (with national facilities) would have questionable viability. The conclusion is that non-proliferation advantages, if any, would be a result, not an objective of such a venture

  17. Corporate Politics on Polish Millennials

    Natalia Roślik


    Full Text Available In the very beginning of this particular paper, an author is trying to determine and describe who Millennials actually are. Then, the basis of Millennials definition is analysing corporation’s activity over the past years regarding this age group. The main goal of the thesis is to bring their specific futures out and describe what corporations on Polish job market are doing to encourage them to work in their offices. Especially in Poland within the last years, it is observed that big multinational companies are paying special attention to Millennials and trying to hire them before competitors will do so. As a part of this paper, an author will describe corporate politics and practices on Thomson Reuters and BNY Mellon examples. Within this work, an author is also discussing key features and differences between this generation and Millennials parent’s generation. Additionally, there is a reference to corporate social responsibility concept and work-life balance issues.

  18. Rand Corporation

    ... Jobs at RAND Media Resources Congressional Resources Doing Business with RAND Supporting RAND Educational Opportunities Alumni Association Follow RAND Corporation on Facebook RAND Corporation on Twitter RAND Corporation on LinkedIn ...

  19. Foreign direct liability and beyond. Exploring the role of tort law in promoting international corporate social responsibility and accountability

    Enneking, L.F.H.


    Western societies are witnessing an emerging socio-legal trend towards transnational civil litigation against multinational corporations in relation to harm caused to people and planet abroad. Increasingly, individuals and communities from developing host countries who have been detrimentally

  20. Knowledge Transfer and Innovation in Brazilian Multinational Companies

    Alisson Eduardo Maehler


    Full Text Available The article analyzes how innovation generation occurs in subsidiaries of Brazilian multinational corporations acting in Portugal, specifically the role of customers in the process and the knowledge dynamics. A multiple case study approach was conducted in four subsidiaries operating in the Portuguese market for at least one year. Firms came from different activity sectors and sizes. Results identify permanent knowledge exchange flows between subsidiaries and headquarters, while the largest pour is from the later ones (in Brazil to their wings in Portugal. There are frequent innovations taking place in Portuguese subsidiaries. Such innovation processes are typically incremental in nature and occur predominantly in only some areas of the organization, where greater specialization and expertise are located. The most relevant results regard the existing strong interaction between subsidiaries and markets, especially with the larger customers that contribute with suggestions and are able to influence the new products creation in the subsidiaries.

  1. Three Organizational Challenges for Multinational Enterprises

    Drogendijk, Rian; van Tulder, Rob; Verbeke, Alain; van Tulder, Rob; Verbeke, Alain; Drogendijk, Rian


    The rapidly changing and volatile institutional environments, within which Multinational Enterprises (MNEs) must operate, have put traditional organisational forms under pressure. Globalization and regionalism develop at the same time, whereas regulation facilitating Foreign Direct Investment (FDI)

  2. Emerging Market Multinational Companies and Internationalization

    Estrin, Saul; Nielsen, Bo B.; Nielsen, Sabina


    We develop a multilevel theoretical framework for investigating the role of home country urbanization for emerging market multinational companies' (EMNCs) international expansion. We propose that more urbanized home environments directly increase EMNC's proclivity to internationalize and moderate...

  3. The Multinational Logistics Joint Task Force (MLJTF)

    Higginbotham, Matthew T


    In this monograph, by analyzing the UN, NATO and the US Army's evolving Modular Logistics Doctrine, the author integrates the key areas from each doctrine into a multinational logistics joint task force (MLJTF) organization...

  4. Emerging Market Multinational Companies and Internationalization

    Nielsen, Bo Bernhard; Estrin, Saul; Nielsen, Sabina


    This paper furthers our understanding of the role of contextual conditions influencing internationalization of emerging market multinational companies (EMNCs). We use resource-based, industrial organization, and economic development theories to develop a multilevel theoretical framework...

  5. Intelligence analysis in corporate security

    Manojlović Dragan


    Full Text Available Located in the survey indicate that the protection of a corporation, its internal and external interest from the perspective of quality data for intelligence analysis and the need for kroporacije and corporate security. Furthermore, the results indicate that the application is not only practical knowledge of intelligence analysis, but also its scientific knowledge, provides epistemologically oriented critique of traditional techniques undertaken in corporate security in connection with the analysis of the challenges, risks and threats. On the question of whether it can and should be understood only as a form of corporate espionage, any aspect of such a new concept in the theory and practice of corporate security, competitive intelligence activities, as well as an activity or involves a range of different methods and techniques meaningful and expedient activities to be implemented integrally and continuously within corporate security, given the multiple responses to the work. The privatization of intelligence activities as an irreversible process that was decades ago engulfed the western hemisphere, in the first decade of the third millennium has been accepted in Europe, in the sense that corporations at national and multinational levels of system intelligence analysis used not only for your safety but also for the competition, and nothing and less for growth companies and profits. It has become a resource that helps control their managers in corporations to make timely and appropriate decisions. Research has shown that intelligence analysis in corporate security one factor that brings the diversity of the people and give corporations an advantage not only in time, but much more on the market and product.

  6. Corporate Branding and Corporate Reputation

    Karmark, Esben


    Corporate branding has been seen as developing in “waves”. This chapter explores the links between corporate branding and corporate reputation as they emerge in the context of three waves of corporate branding. It highlights the way in which the two constructs have related to each other through o...... for corporate brands and corporate communication.......Corporate branding has been seen as developing in “waves”. This chapter explores the links between corporate branding and corporate reputation as they emerge in the context of three waves of corporate branding. It highlights the way in which the two constructs have related to each other through...... organizational culture and identity, and how, although characterized by parallel developments, new ideas and models from a “third” wave of corporate branding challenge prevailing assumptions of corporate reputation particularly in terms of the assumptions that reputations emerge from authentic and transparent...

  7. International taxation and multinational firm location decisions

    Barrios Cobos, Salvador; Huizinga, Harry; Laeven, Luc; Nicodème, Gaëtan J.A.


    Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of parent country taxation is estimated to be relatively large, possibly reflecting its international discriminatory nature. For the cross-section of multinational firms, we find that parent firms tend to ...

  8. Cultural Specifics of Management in Multinational Companies

    Křečková Kroupová, Zuzana


    Nowadays the world is becoming increasingly economically connected, and cultural diversity of employees is gaining importance as a crucial competitive advantage. Cross-cultural communication ability is becoming a key management skill in multinational firms and is equally important for other employees who are exposed to other cultures in the workplace. This work mainly focuses on cultural specifics of management in multinational firms. The goal of this thesis is to discover how different natio...

  9. International Competition for Foreign Multinational Investment,

    Jan I. Haaland; Ian Wooton


    We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic workers with increasing returns to scale. Offering subsidies to multinationals may be in the national interest if the investment raises the net value of domestic production. When agglomerative forces are sufficiently strong, a subsidy that attracts the first foreign firm may i...

  10. MNC reporting on CSR and conflict in Central Africa

    Kolk, A.; Lenfant, F.


    In recent years, corporate social responsibility (CSR) of Multinational Corporations (MNCs) in developing countries has received more attention. However, in this literature Africa is much less well represented than other regions, and existing studies about Africa have mainly focused on South Africa

  11. Corporate finance

    P. Quiry; Y. Le Fur; A. Salvi; M. Dallocchio; P. Vernimmen


    Corporate Finance: Theory and Practice, 3rd Edition, the website and the newsletter are all written and created by an author team who are both investment bankers/corporate financiers and academics. This book covers the theory and practice of Corporate Finance from a truly European perspective. It shows how to use financial theory to solve practical problems and is written for students of corporate finance and financial analysis and practising corporate financie...

  12. Corporate Social Responsibility in banking sector

    Lucie Kvasničková Stanislavská


    Full Text Available After popularity increase of the concept of Corporate Social Responsibility over last century in the USA, with the 21st century the concept comes into the European Union as well, actually into Czech Republic. For the European Union, the concept of social responsibility becomes one of the tool for achieving the most competitive and dynamic knowledge-based economy (Lisbon Strategy, 2000. With the start of the financial and economic crisis, the European Commission sees in the Corporate Social Responsibility a way how to cope with the crisis. Also scientific studies (Ghoul, 2011; Gruz, 2009 indicate the positive influence of Corporate Social Responsibility on financial performance of the company. In the Czech Republic, the implementation of the concept is especially for multinational corporations. For example, Corporate Social Responsibility is very popular in financial sector, which the financial crisis did not damage so perceptible as in other countries of developed economies (Singer, 2009. This article defines on a theoretical level the concept of Corporate Social Responsibility, its development, its present form and the influence on financial performance of the company. Another part of the article focuses on three czech banking subjects (Česká spořitelna, Komerční banka a Československá obchodní banka, which regularly take the leading positions of the official corporate donors chart „TOP Filantrop“. The article explores the evolution of corporate donations and finds the connection between corporate donations and corporate profit and financial and economic crisis.

  13. Restoring stakeholders’ trust in multinationals’ tax planning practices with corporate social responsibility (CSR)

    Jallai, Ave-Geidi; Peeters, Bruno; Gribnau, Hans; Badisco, Jo


    This contribution discusses the tax planning behaviour of big corporations and investigates Corporate Social Responsibility (CSR) as a tool to battle the issue. It will be argued that certain legal tax planning strategies of multinationals are not acceptable to local communities and the public in

  14. Managing the strategic network relations between corporate R&D and business

    Fortuin, F.T.J.M.; Omta, S.W.F.


    The present paper addresses the important issue of the management of the strategic network relations between corporate R&D and business. In a large technology-based multinational company (+/- 30,000 employees) an instrument that provides regular feedback to both corporate R&D and business

  15. "Think Differently, Get Creative": Producing Precarity in India's Corporate Theater Culture Industry

    Saddler, Sarah


    In India's rapidly developing global cities, large multinational corporations implement theater-based corporate training programs that are designed to inspire employees to be more dynamic, aspirational, and self-motivated at work. Offering a performance ethnography of a week-long "Theatre in Excellence" program hosted in Bangalore…

  16. Wiki as a Corporate Learning Tool: Case Study for Software Development Company

    Milovanovic, Milos; Minovic, Miroslav; Stavljanin, Velimir; Savkovic, Marko; Starcevic, Dusan


    In our study, we attempted to further investigate how Web 2.0 technologies influence workplace learning. Our particular interest was on using Wiki as a tool for corporate exchange of knowledge with the focus on informal learning. In this study, we collaborated with a multinational software development company that uses Wiki as a corporate tool…

  17. Different perceptions of company leaders: Corporate social responsibility in Brazil and India

    Mônica Cavalcanti Sá de Abreu


    Full Text Available This article evaluates corporate social responsibility strategies and efforts to implement them in a Brazilian oil and gas multinational and an Indian steel multinational. Qualitative research was conducted through interviews with executives of both companies, and a content analysis and comparison of approaches to corporate social responsibility and engagement with stakeholders were made. The evidence from this research shows that the type of corporate social responsibility adopted by each company depends on the ethical values, socio-economic environment, legal and institutional framework of the country in which the firm operates.

  18. Taxes, Tariffs, and The Global Corporation

    James Levinsohn; Joel Slemrod


    In this paper we develop some simple models of optimal tax and tariff policy in the presence of global corporations that operate in an imperfectly competitive environment. The models emphasize two important differences in the practical application of tax and tariff policy - tax, but not tariff, policy can apply to offshore output and tariff, but not tax, policy can be industry-specific. Recognizing the multinationals' production decisions are endogenous to the tax and tariff policies they fac...

  19. Corporate Law and Corporate Governance

    Roberta Romano


    We have seen a revival in interest in corporate law and corporate governance since the 1980s, as researchers applied the tools of the new institutional economics and modern corporate finance to analyze the new transactions emerging in the 1980s takeover wave. This article focuses on three mechanisms of corporate governance to illustrate the analytical usefulness of transaction cost economics for corporate law. They are the board of directors; relational investing, a form of block ownership in...

  20. The challenge of dual career expatriate management in a specific host national environment: An exploratory study of expatriate and spouse adjustment in Switzerland based MNCs

    Ravasi, Claudio; Salamin, Xavier; Davoine, Eric


    The number of expatriates from global firms has been continuously increasing over the past decades as multinational companies still view expatriation as an important tool for sharing and transferring knowledge, controlling subsidiaries and developing workforce competencies. Expatriate management is still a costly and complex task for multinational companies. Adjustment, which has been defined as an individual's degree of comfort, familiarity and ease with several aspects of a new cultural env...

  1. Stimulating Sustainability in Multinational Companies: the Significance of Regional Headquarters

    Andreas G. M. NACHBAGAUER


    Full Text Available Recently, regional headquarters have gained practical importance and theoretical attention. Traditionally considered a mere transmission facility to manage complex organisations, advanced approaches, however, locate regional headquarters in a field of tension between hierarchical integration and strategic independence. Given the growing concern for global responsibility, stimulating sustainability also and particularly addresses regional headquarters. This conceptual article combines the call for sustainability with the upcoming importance of regional headquarters: which contributions can the regional headquarters of a multinational company deliver to stimulate the development of sustainable corporate strategy and operations? The main topics are the effects different versions of embedding regional headquarters into the corporate context have on opportunities to implement sustainability policies: Are there different chances for successful implementation depending on the strategic setup of the company? Does the distribution of competences matter? Which types of interaction between headquarters and branch are suitable to introduce sustainability sustainably? Is the mix of national contexts of headquarters and branch of importance? First results show that depending on the companywide strategy, and especially on the structure and distribution of competences, regional headquarters can play a significant role as trigger of sustainability. The literature favours strong involvement and large autonomy of both branches as well as regional headquarters for the development and management of sustainability. The parts of the company involved in a critical environment often are the starting point of sustainability policies.

  2. A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies

    Ogrean Claudia


    Full Text Available For better or for worse, the “corporations rule the world” assertion is nowadays more actual and accurate than ever before, as multinational companies represent the undisputable engine of the globalization process, and the latter continuously (recreates the background against which global multinationals are flourishing, while reinforcing their “domination”. Since 1995, the Fortune Global 500 ranking (FG 500 annually provides a comprehensive and eloquent image of the world of global multinationals; the merits of the FG 500 ranking go beyond the synchronic approach of the characteristics of global multinationals (in terms of revenues, profits, assets and employees - by sector, industry and country, as it also favors diachronic analysis and comparisons - which are essential for strategists in identifying evolving trends and substantiating corporate strategies able to lead to sustainable competitiveness. The paper aims to determine the contribution of sectors to FG 500 ranking in 2016, on one hand, and to emphasize on some industry-based dynamics in FG 500 - by comparatively analyzing the 2016 and 1996 rankings, on the other hand.


    Lucia P. BLĂJUȚ


    Full Text Available This paper highlights the significant share of multinational companies in international trade that are a factor of developing global economies. In the context of economic globalization the activity of multinational companies and their foreign direct investment have a strong impact on the host country which presents advantages and disadvantages for them. The main objective of this article is the review of the important role played by multinationals in economic development, especially in developed economies. In the economies in which they operate, they bring capital, technology transfer, improve the national reputation and influence the other companies to invest in this countries, they provide a substantial source of revenue for the government and always improve the balance of payments in the host country.

  4. Çokuluslu İşletmelerde Merkezi Nakit Yönetimi ve Havuzlama (Central Cash Management of Multinational Businesses and Pooling)



    Cash management can be defined as the optimization of cash flows and investment of excess cash in a corporation. But from an international perspective, cash management becomes very complex because of different laws among countries that pertain to cross-border cash transfers. Besides, the value of cross-border cash transfers is affected by the exchange rate fluctuations. This article is concerned with the optimization of cash flows in a multinational corporation and examines centralized cash m...

  5. Global Standardization or National Differentiation of HRM Practices in Multinational Companies?

    Edwards, Tony; Lavelle, Jonathan; Minbaeva, Dana


    MNCs. We argue that there is evidence of dominance effects and convergence in the nature of practices across countries, something that shows through particularly in the analysis of US MNCs, but also of nationally-conditioned practices, which is more evident in our analysis of the five sets...

  6. The transfer of employee-oriented CSR in multinational SME’s : an explorative study on the values of owner-managers within international business

    de Graaf, Frank Jan


    By assessing four cases, this paper develops propositions about the transfer of employee oriented corporate social responsibility (CSR) practices within multinational SMEs. Specifically we explore whether an individual owner-manager can add value within a foreign subsidiary by means of

  7. Vertically Integrated Multinationals and Productivity Spillovers

    Clementi, Federico; Bergmann, Friedrich

    are not automatic. In this paper, we study how these externalities are affected by the strategy of vertical integration of foreign multinationals. Our analysis, based on firm-level data of European manufacturing companies, shows that local firms perceive weaker backward spillovers if client foreign affiliates...... are vertically integrated in their industry. The spillovers that arise from the activity of companies that do not invest in the domestic firms’ industry are 2.6 to 5 times stronger than the ones than come from affiliates of multinationals that invest in the industry of local firms....

  8. CRM System Implementation in a Multinational Enterprise

    Mishra, Alok; Mishra, Deepti

    The concept of customer relationship management (CRM) resonates with managers in today's competitive economy. As more and more organizations realize the significance of becoming customer-centric in today's competitive era, they embrace CRM as a core business strategy. CRM an integration of information technology and relationship marketing provides the infrastructure that facilitates long-term relationship building with customers at an enterprise-wide level. Successful CRM implementation is a complex, expensive and rarely technical projects. This paper presents the successful implementation of CRM in a multinational organization. This study will facilitate in understanding transition, constraints and implementation of CRM in multinational enterprises.




    Full Text Available The multinational firms now have a very important role to play in all countries' economies and international economic relations, turning into an increasingly important issue for governments. Through foreign direct investment, these firms can bring substantial gains to both home and host states by contributing to the efficient use of capital, technology and human resources across countries, and thus can play an important role in the development of economic prosperity and social issues. So the common goal of all countries is to stimulate positive contributions by which multinational firms can make economic and social progress and reduce or solve the difficulties that may arise from their operations.

  10. Who Gets to Lead the Multinational Team?

    Paunova, Minna


    of their core self-evaluations. A study of over 230 individuals from 46 nationalities working in 36 self-managing teams generally supports the expected main and moderation effects. Individual core self-evaluations enhance an otherwise weak effect of English proficiency, but compensate for low levels of national......This article examines the emergence of informal leadership in multinational teams. Building on and extending status characteristics theory, the article proposes and tests a model that describes how global inequalities reproduce in multinational teams, and accounts for who gets to lead these teams...


    Lucia P. BLĂJUȚ


    Full Text Available This paper investigates the location decisions of foreign direct investments by the most important global multinational companies in Romania. The study covers the top 100 multinational companies, according to Fortune and underline that all of them have the headquarters location in the United States. In particular, this analysis presents the distribution of global companies based on the main industry and major economic sectors. The first company, from the rank 100, that invests in our country is Exxon Mobil (the number two on the list and has numerous projects in petroleum refining industry in many other countries, because energy sector is one of the most important ones in the global economy.




    Full Text Available The following article presents the historical basis of Corporate Social Responsibility and the most common definitions of it. Another part of the article presents the fuel company and the bank with the description of its main activities in the area of CSR.

  13. The Pros and Cons of Using Joint Ventures as a Tool to Mitigate Political Risks in Developing Countries

    Violeta Iftinchi


    Full Text Available As part of their political risk management strategy, multinational corporations (MNCs can use joint ventures as a tool to reduce their exposure to political risks in international activities. The aim of this article is to present the main benefits for MNCs in using joint ventures with a local partner to mitigate political risks in developing countries and to put forward three risks that MNCs have to consider when choosing the local partner (the risk of opportunistic expropriation, the risk associated with transferring of intellectual property rights and reputational risk.


    Rozalia Iuliana KICSI


    Full Text Available During the last decades, the literature on international business reflects a growing interest in the extension of the corporate networks and the status of the multinational corporations in the global economy. Firstly, in this study, we briefly summarize several aspects regarding to the strategic focus of the multinational corporations on the global market. Secondly, we intend to map business extension in the international environment from the perspective of regional concentration. In this regard, for each region we have aggregated the key performance indicators (assets, sales and employees which reflect the magnitude of the activities of the companies included by UNCTAD in the Top 100 non-financial TNCs outside the home economic environment. Also, based on the algorithm for calculating the Transnationality Index we estimated an aggregate index for each home region of these companies. The main conclusion drawn from the study is that Europe is the most internationalised region; this tendency is underlined both by the value of the Transnationality Index at regional level and by the total value of the assets hold abroad by the companies which have the home location in the European economic environment. At the same time, from all the developed regions, Europe is the most attractive location for the implantation of the multinational corporations from outside. During the last decades, the literature on international business reflects a growing interest in the extension of the corporate networks and the status of the multinational corporations in the global economy. Firstly, in this study, we briefly summarize several aspects regarding to the strategic focus of the multinational corporations on the global market. Secondly, we intend to map business extension in the international environment from the perspective of regional concentration. In this regard, for each region we have aggregated the key performance indicators (assets, sales and employees which

  15. How Does Corruption in Developing Countries Affect Corporate Investment and Tax Compliance?

    Riedel, Nadine; Fuest, Clemens; Maffini, Giorgia


    Using a rich panel data base for firms in Asian countries, we assess the effect of public sector corruption on corporate assets investment and tax payments. Our findings suggest that public sector corruption does not deter investment activities of national firms while asset investment of multinational corporations is significantly reduced in corrupt environments. Moreover, the findings indicate that corruption exerts a quantitatively large negative effect on corporate tax payments, especially...

  16. Tax-Response Heterogeneity and the Effects of Double Taxation Treaties on the Location Choices of Multinational Firms

    Behrendt, Simon; Wamser, Georg


    This paper examines location choices of multinational enterprises (MNEs). We particularly focus on the consequences of double taxation treaties (DTTs) and corporate profit taxes on the probability to choose a location. DTTs have become a key policy instrument used by countries to regulate international tax issues related to the cross-border activities of MNEs. Based on three alternative location choice models, which all allow parameter estimates to vary randomly across firms, we show that fir...

  17. Organization Structure and Coordination Mechanisms of a Japanese multinational company : a case study of Tokai Carbon Co., Ltd.

    Techakajornpanya, Nalinee; Srikiatikul, Piyaporn


    Problem : How does Japanese company coordinate with its subsidiaries in Thai and Chinese markets? Purpose :  To describe organization structure of Japanese company as well as compare how headquarters coordinates with its subsidiaries in Thai and Chinese markets. Also, this thesis will give benefits for the academics and managers of other multinational corporations. Method :  Qualitative approach and comparative design are implemented in this thesis meanwhile secondary data from internet, docu...

  18. International taxation and multinational firm decisions

    Barrios, S.; Huizinga, H.P.; Laeven, L.; Nicodeme, G.


    Using a large international firm-level data set, we examine the separate effects of host and additional parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. The impact of

  19. Taxing Multinationals 'Post-BEPS' - What's Next?

    M.F. de Wilde (Maarten)


    textabstractThe taxation of multinational companies has been attracting a great deal of attention in recent years. Com- pany tax planning and country tax competition have increasingly been questioned, by the general public, media, in politics and academia. Countries compete for investment, reducing

  20. Risk Management Practices of Multinational and indigenous ...

    Construction projects' high uncertainty rates make them unattractive to non-risk takers. Construction companies are therefore necessarily risk takers, albeit, to varying degrees. This study made an inquiry into the risk management (RM) practices of multinational and indigenous construction companies (MCCs and ICCs, ...

  1. Acquisitions by Multinationals and Trade Liberalization

    Ray Chaudhuri, A.


    Abstract This paper develops a theoretical framework where a multinational firm (MNE) is allowed to acquire or sell a productive asset in multiple segmented asset markets. The asset is used to produce a final good which can be sold in multiple countries, with segmented product markets, undergoing

  2. International HR Strategy of Brazilian Technology Multinationals

    Patricia Morilha Muritiba


    Full Text Available Four cases of Brazilian Multinationals from the information technology [IT] sector were compared in their international Human Resources strategy. The analysis is focused on the development and application of two research models. One analyzes the level of subsidiary autonomy in terms of strategic HR decisions, including difficult decisions regarding coordination in multinationals, following the theoretical approach of the autonomy of subsidiaries (Kidger, 2002; Nohria & Ghoshal, 1997. The other is related to the level of internationalization of HR strategies, defined as the capacity to take advantage of globalization, providing the best resources for the company regardless of where they are located (Sparrow, 2007. Both models were applied in a multiple case study method (Eisenhardt, 1989. Data were collected through semi-structured interviews and company reports, and analyzed through content analysis. The results show: (a a more centralizing characteristic of the multinational companies examined, despite the limitations of this choice as shown by the literature; and (b that Brazilian IT multinationals tend to rely more on their national competencies when managing human resources instead of going global to aggregate differentiated competencies.

  3. Managing Human Resources in a Multinational Context

    Sumetzberger, Walter


    Purpose: To develop more sensitivity for different patterns of human resource management in multinational companies. Design/methodology/approach: Systemic approach; the concepts and models are based on the evaluation of consulting projects in the field of human resource management. Findings: A concept of four typical varieties of human resource…

  4. Employment Practices of Multinational Companies in Denmark

    Navrbjerg, Steen Erik; Minbaeva, Dana

    Globaliseringen er en udfordring for såvel ledere som ansatte i multinationale selskaber. En analyse af ledere og medarbejderes relationer er afgørende for at forstå ledelse, forretningsforhold og arbejdsmarkedsrelationer i Danmark. Tilstedeværelsen af multinationale selskaber (Multinational Comp...

  5. Multinational Taxation and R&D Investments

    de Waegenaere, A.; Sansing, R.C.; Wielhouwer, J.L.


    This study examines the effects of taxation on the incentives of multinational firms to develop and use intellectual property. We model optimal investment and production decisions by firms that engage in a patent race by making R&D investments. We investigate how taxes affect the level and

  6. Multinational taxation and R&D investments

    De Waegenaere, A.M.B.; Sansing, R.; Wielhouwer, J.L.


    This study examines the effects of taxation on the incentives of multinational firms to develop and use intellectual property. We model optimal investment and production decisions by firms that engage in a patent race by making R&D investments. We investigate how taxes affect the level and

  7. Helping Behavior in Multinational Executive Networks

    Mors, Marie Louise; Miller, Stewart; McDonald, Michael

    This study develops a framework that draws upon the socio-psychology and network literatures to explain helping behavior in an executive’s multinational network. Focusing on executives' perceptions of willingness to help, we examine network structure (geographic and organizational boundaries), st...

  8. Multinational Subsidiary Performance: Evidence from the Ghanaian ...

    The study seeks to ascertain the factors that contribute to the performance of multinational subsidiary banks in Ghana. Using an unbalanced random effects panel regression estimation following the Hausman specification test, the study found that increasing bank size does not necessarily lead to performance. As it stands ...

  9. So You Were a Language Major: Corporate Interviewing and Training in Foreign Languages and Cross-Cultural Skills.

    Seabrook, Roberta; Valdes, Berardo

    A study of the attitudes and practices in multinational corporations concerning second language and intercultural skills as criteria for employment of international managers consisted of three elements: (1) a survey of corporations; (2) followup interviews with respondents and with commercial language schools and cross-cultural training…

  10. Corporate Awakening

    LaFrance, Julie; Lehmann, Martin


    Predominantly since the 1992 Rio Summit, corporations have been increasingly pursuing partnerships with public institutions including governments, international organisations and NGOs that aim to contribute to sustainable development activities. Partnerships have become more common as corporation...... public-private partnerships. These theoretical perspectives are used to gain a deeper understanding of the corporate drivers that motivated TOTAL S.A. to approach UNESCO for cooperation on community development programs in Myanmar....

  11. Emerging Multinational Companies and Strategic Fit

    Gammeltoft, Peter; Filatotchev, Igor; Hobdari, Bersant


    There is an increasing awareness in international business that institutional factors need to be better incorporated into the understanding of international investments decisions of multinational companies. This applies equally to outward foreign direct investment by emerging economy firms...... has been suggested in terms of integrating various theoretical frameworks however and developing a more holistic understanding of these new investment flows. In this Editorial we propose that outward FDI from emerging economies can be better understood by analyzing them within a broad institutional...... which considers flows of outward investment from emerging economies as framed by institutional pressures at the firm level towards achieving fit between the environment, strategies, structures, resources and practices of the firm. For the multinational firm this fit must be attained along multiple...

  12. Lending behavior of multinational bank affiliates

    Alexis Derviz


    Full Text Available We study the parent influence on lending by affiliates of a multinational bank. In the proposed theoretical model, local lending is influenced by shareholder-affiliate manager delegation and precautionary motives. The outcome is either contagion (the loan volume in the affiliate follows the direction of the parent bank country shock or performance-based reallocation of funds (substitution, depending on the degree of manager delegation in the affiliate and the liquidity-sensitivity in theparent bank. Empirical investigation, deliberately conducted on a sample not covering the latest financial crisis, shows that also in “normal” times, multinational banks that are likely to delegate lending decisions or be more liquidity-sensitive are more inclined towards contagionist behavior.

  13. Penetration strategies of Turkish corporations in Kosovo’s market

    Luan VARDARI


    Full Text Available Rapid developments and increasing competition in recent years have prevented companies from producing and selling only in domestic markets, but also causing their foreign resources and investments to be directed to foreign markets. In this case, once businesses decide to join a particular market, they have to decide which is the best way to penetrate there. Turkish multinational corporations, which have been spreading all over the world with their investments, have conquered world markets with their exports, initiatives and acquisitions, they have entered in foreign markets in various forms and have a significant share in world trade volume with their successful investments. From this point of view, this study examines the strategies by which Turkish multinationals enter foreign markets especially in Kosovo and the impact that those companies have had in the development of the Kosovo economy and the strategies by which Turkish multinationals enter foreign markets.

  14. Japanese Intercultural Communiccative Strategies in Multinational Companies

    大山, 中勝


    The purpose of this study is to describe, from a sociolinguistic perspective, major language functions during which Japanese-American communication occurs in multinational companies in the United States. Comparing communication problems across major language functions and research memos, five major themes emerged: (1)foramlity; (2)social hierarchical distinctons; (3)ambiguous communication strategies; (4)consensus making; and (5)language attitudes. This paper also aims to identify the intercu...

  15. Japanese Intercultural Communication Strategies in Multinational Companies

    大山, 中勝


    The purpose of this study is to describe, from a sociolinguistic perspective, major language functions during which Japanese-American communication occurs in multinational companies in the United States. Comparing communication problems across major language functions and research memos, five major themes emerged: (1)foramlity; (2)social hierarchical distinctons; (3)ambiguous communication strategies; (4)consensus making; and (5)language attitudes. This paper also aims to identify the intercu...

  16. Monitoring Costs and Multinational-Bank Lending

    Ralph de Haas


    We use a two-country model to examine how endogenous changes in monitoring intensity and exogenous changes in monitoring efficiency affect multinational-bank lending. First, an endogenous decline in monitoring intensity limits the amount of deposits that banks can attract. This lowers bank lending. Shocks that reduce bank capital relative to firm capital therefore have a stronger negative effect on bank lending compared to a model with exogenous monitoring intensity. Second, international dif...

  17. Taxes and Decision Rights in Multinationals

    Nielsen, Søren Bo; Raimondos-Møller, Pascalis; Schjelderup, Guttorm


    We examine how a multinational's choice to centralize or de-centralize itsdecision structure is affected by country tax differentials. Within a simple model that emphasizes the multiple conflicting roles of transfer prices in MNEs — here, as a strategic pre-commitment device and a tax manipulation...... commitment and non-commitment to transfer prices, and for alternative modes of competition.Keywords: Centralized vs. de-centralized decisions, taxes, transfer prices, MNEs.JEL-Classification: H25, F23, L23....

  18. Regional Multinationals and the Korean Comestics Industry

    Chang Hoon Oh; Alan M. Rugman


    This paper analyzes the market penetration and expansion strategy of cosmetics and toiletries multinational enterprises (MNEs) in South Korea from the perspective of regional strategy as developed recently by Rugman. We find that MNEs have different market entry and expansion strategies in the home region and in the foreign region. Home region MNEs (Japanese MNEs in this case), in general, utilize their firm-specific advantages (FSAs) better than foreign region MNEs (European and MNEs from th...

  19. Intra-industry trade with multinational firms

    Egger, H; Egger, P; Greenaway, D


    Recent developments, including the analysis of firm-level adjustment to falling trade costs, have contributed to a revival of interest in intra-industry trade (IIT). Most empirical work still relies on the standard Grubel–Lloyd measure. This however refers only to international trade, disregarding income flows stimulated by repatriated profits of multinational firms. Given the overwhelming importance of the latter, this is a major shortcoming. This paper provides a guide to measurement and es...

  20. Management Strategies in Multinational PricewaterhouseCoopers Romania

    Norina Popovici


    Full Text Available This paper presents and analyzes the key strategies that underpin multinational firms acting in this global environment. The paper underlines the importance of strategy, in the current economic context, for a complex company such as PriceWaterhouse Coopers. After a laborious documentation, theoretical and practical, the paper presents the main strategic options which ensure the business development in the context of globalization. Due to complexity of work carried out by PricewaterhouseCoopers, due to a developed organizational structure and the large number of employees , the need for the strategy is " vital " for achieve the desired performance . In the past 10 years, PriceWaterhouse Coopers turned its global work on expanding the network size and diversity of services offered. Challenges and opportunities of today require a new strategic vision. Therefore, PriceWaterhouse Coopers calls for integrating the concept of sustainability as a management philosophy. In this context, which shapes the economy based on knowledge, management is a science which, through instruments such as corporate social responsibility, coaching procces, attracting talents, can help businesses to develop, diversify or to survive. The research of this company that led to the application of these tools work in Romanian companies, depending on the particular circumstances.

  1. Corporate Entrepreneurship

    Lassen, Astrid Heidemann

    Corporate entrepreneurship is often highlighted as being more relevant than ever, as a viable means for existing organizations to pursue creative new solutions to the complex challenges facing firms today. This includes continuously exploring and exploiting previously unexploited opportunities......, and thereby moving the organization to a new state of being. In spite of a general consensus on a strong interlinkage between the concepts of innovation and corporate entrepreneurship, the nature of this linkage is rarely addressed directly. This has made further research in the two areas problematic, mainly...... nature of corporate entrepreneurship and innovation by exploring the role played by innovation in corporate entrepreneurship. - Develop a framework of corporate entrepreneurial innovation which facilitates an understanding of challenges related hereto and practices applied to overcome these challenges...

  2. Corporate Foundations

    Herlin, Heidi; Thusgaard Pedersen, Janni


    action between business and NGOs through convening, translation, collaboration, and mediation. Our study provides valuable insights into the tri-part relationship of company foundation NGO by discussing the implications of corporate foundations taking an active role in the realm of corporate social...... responsibility (CSR). The paper hence illuminates the fascinating and overlooked role of corporate foundations as potential bridges between business and civil society. It also informs theory on boundary organizations by clarifying challenges and limits of such institutions.......This paper aims to explore the potential of Danish corporate foundations as boundary organizations facilitating relationships between their founding companies and non-governmental organizations (NGOs). Hitherto, research has been silent about the role of corporate foundations in relation to cross...

  3. Multinationals and global climate change. Issues for the automotive and oil industries

    Kolk, A.; Levy, D.


    This chapter analyzes the strategic responses by U.S. and European multinational enterprises (MNEs) in the oil and automobile industries to the global climate change issue. We examine and attempt to explain the differences across regions, across industries, and the changes over time. Traditional economic drivers of strategy do not provide a satisfactory account for these differences, and the chapter focuses instead on the conflicting institutional pressures on MNEs and the implications for their climate strategy. The home-country institutional context and individual corporate histories can create divergent pressures on strategy for MNEs based in different countries. At the same time, the location of MNEs in global industries and their participation in 'global issues arenas' such as climate change generate institutional forces for strategic convergence. It appears that local context influenced initial corporate reactions, but that convergent pressures predominate as the issue matures.

  4. Multinationals and global climate change. Issues for the automotive and oil industries

    Kolk, A.; Levy, D.


    This chapter analyzes the strategic responses by U.S. and European multinational enterprises (MNEs) in the oil and automobile industries to the global climate change issue. We examine and attempt to explain the differences across regions, across industries, and the changes over time. Traditional economic drivers of strategy do not provide a satisfactory account for these differences, and the chapter focuses instead on the conflicting institutional pressures on MNEs and the implications for their climate strategy. The home-country institutional context and individual corporate histories can create divergent pressures on strategy for MNEs based in different countries. At the same time, the location of MNEs in global industries and their participation in 'global issues arenas' such as climate change generate institutional forces for strategic convergence. It appears that local context influenced initial corporate reactions, but that convergent pressures predominate as the issue matures

  5. Multinational uranium enrichment in the Middle East

    Ahmad, Ali; Salahieh, Sidra; Snyder, Ryan


    The Joint Comprehensive Plan of Action (JCPOA) agreed to by Iran and the P5+1 in July 2015 placed restrictions on Iran’s nuclear program while other Middle Eastern countries– Egypt, Jordan, Saudi Arabia, Turkey, and the United Arab Emirates–are planning to build their own nuclear power plants to meet increasing electricity demands. Although the JCPOA restricts Iran's uranium enrichment program for 10–15 years, Iran's neighbors may choose to develop their own national enrichment programs giving them a potential nuclear weapons capability. This paper argues that converting Iran's national enrichment program to a more proliferation-resistant multinational arrangement could offer significant economic benefits–reduced capital and operational costs–due to economies of scale and the utilization of more efficient enrichment technologies. In addition, the paper examines policy aspects related to financing, governance, and how multinational enrichment could fit into the political and security context of the Middle East. A multinational enrichment facility managed by regional and international partners would provide more assurance that it remains peaceful and could help build confidence between Iran and its neighbors to cooperate in managing other regional security challenges. - Highlights: • Freezing Iran's nuclear program is an opportunity to launch joint initiatives in ME. • A joint uranium enrichment program in the Middle East offers economic benefits. • Other benefits include improved nuclear security and transparency in the region.

  6. Promoting Protean Career through Employability Culture and Mentoring: Career Strategies as Moderator

    Wong, Siew Chin; Mohd Rasdi, Roziah; Abu Samah, Bahaman; Abdul Wahat, Nor Wahiza


    Purpose: The purpose of this paper is to examine the effects of organizational-related variables and the moderating role of career strategies on protean career among employees. Design/methodology/approach: Research data are gathered from a sample of 306 employees in 18 electrical and electronics multinational corporations (MNCs) in Malaysia.…

  7. Management control and the decentralization of R&D

    Ecker, B.; van Triest, S.; Williams, C.


    The authors investigate organizational conditions influencing the allocation of decision rights made by headquarters of multinational corporations (MNCs) to their foreign R&D subsidiaries. The authors draw on the logic of management control theory to build their conceptual model and then develop

  8. Career Aspirations of Malaysian Research and Development Professionals in the Knowledge Economy

    Ismail, Maimunah; Ramly, Efizah Sofiah


    Purpose: This paper seeks to compare the influence of self-efficacy, organizational socialization and continuous improvement (CI) practices on the career aspirations of research and development (R&D) professionals in government research institutes (GRIs) and multinational corporations (MNCs) in Malaysia. R&D professionals in this study…

  9. The relationship between the existence of MNEs and regional agglomeration in China

    Ho, M.H.C.


    The trend of globalization in China has become more obvious since the China market started to its open policy. Due to open policy, many foreign multinational corporations/enterprises (MNCs/MNEs) start to pay attention on China huge market. MNEs firstly enter China market by various activities, such

  10. When a Japanese subsidiary is not a Japanese subsidiary : Internationalization as changing organizational identity and capabilities

    Voisey, C.J.


    As multinational corporations (MNCs) have increasingly expanded abroad to seek out new assets and capabilities from different specialized locations, so they have sought to become embedded in diverse local social and cultural contexts. Several streams of work have examined the managerial challenges

  11. Organizational Structures for International Universities: Implications for Campus Autonomy, Academic Freedom, Collegiality, and Conflict

    Edwards, Ron; Crosling, Glenda; Lim, Ngat-Chin


    One significant form of transnational higher education is the International Branch Campus (IBC), in effect an "outpost" of the parent institution located in another country. Its organizational structure is alignable with offshore subsidiaries of multinational corporations (MNCs). The implications of organizational structure for academic…

  12. Business and climate change: Emergent institutions in global governance

    Kolk, A.; Pinkse, J.


    Purpose - This paper aims to explore how multinational corporations (MNCs) may operate in the context of a so-called emergent institution which is not yet settled and taken for granted, thus helping to shape a new form of governance with considerable private involvement. The case used to illustrate

  13. Multinational Firms and the Management of Global Networks

    De Marchi, Valentina; Maria, Eleonora Di; Ponte, Stefano


    This paper aims at enriching the literature on international business (IB) studies to include insights from Global Value Chain (GVC) analysis to better explain how MNCs can orchestrate a global network organization. A first important contribution of the GVC literature is that it shifts the focus...... from single firms to their value chains, providing instruments to study how activities are split and organized among different firms at the industry level, and how MNCs can implement different governing mechanisms within a network-based setting. The GVC literature also highlights that retailers (as...... can manage their network relationships in a global scenario. Finally, through their focus on upgrading, GVC studies suggest that knowledge flows and innovation dynamics taking place within value chains are as important as those taking place within the MNC’s organizational border. We conclude...

  14. Corporate Taxation and Corporate Governance

    Köthenbürger, Marko; Stimmelmayr, Michael


    if the corporate tax system exempts the normal return on investment from taxation. The optimal system may well use the full return on investment as a tax base. Hence, tax systems such as an Allowance for Corporate Equity (ACE) or a Cash-flow tax do not have the familiar efficiency-enhancing effects in the presence...

  15. Regionalization Impact on Performance Management for Malaysian Multinational Companies

    Tan, We Chang


    Operation offshore or regionalization is one of the key strategies by many Malaysian MNCs nowadays. The purpose is to expand their business and also establish a sustainable business model. This change in business direction introduces impacts to performance management framework. If these impacts are not properly handled, it may leads to business expansion failure. The current performance management framework will have to be enhanced such that the regional needs in the performance management ar...

  16. Corporal punishment.

    Bauman, L J; Friedman, S B


    Pediatricians differ on the optimal ways to discipline children. The major controversy surrounds the use of corporal punishment. In an effort to resolve this controversy, the American Academy of Pediatrics (AAP) cosponsored a conference entitled "The Short and Long-Term Consequences of Corporal Punishment" in February 1996. This article reviews scientific literature on corporal punishment and summarizes the proceedings from the conference. The authors conclude that, although the research data are inadequate to resolve the controversy, there are areas of consensus. Practitioners should assess the spanking practices of the parent they see and counsel parents to avoid those that are, by AAP consensus, dangerous, ineffective, or abusive.


    Stoian Ciprian-Dumitru


    Full Text Available Worldwide crisis has made multinational companies that are engaged in corporate social responsibility actions to manage their businesses through the lens of various tax avoidance practices. The content of this paper is important due to the fact that tries to identify the impact in case of companies active in corporate social responsibility actions versus their tax structures orientation. Corporate social responsibility literature did not paid enough attention on the impact of the tax avoidance practices of companies. Tax, as a concept, brings in itself an important corporate financial impact with subsequent effects for the life of multiple citizens in countries where private entities are operating. Even though companies are usually expressing their ethical and responsible conduct in respect of the social environment, there are many cases when the business practices were not aligned with the declared corporate behavior. This paper seeks firstly to examine whether companies engaged in tax avoidance practices (ex. offshore tax havens consider that continue to act socially responsible. Secondly, the paper examines the influence on attending the stakeholders’ goals for those companies practicing tax avoidance and its implications on corporate social responsibility actions. Moreover, the paper focuses also on the aspects described before from the perspective of the corporate entities operating in Romania. This paper’s intention is to use and to develop the results of previous research carried out by Lutz Preus (University of London and, subsequently, by Senators Levin, Coleman and Obama in their “Stop Tax Haven Abuse Bill”. The implications and the objectives of this material are to highlight, to identify and to spot clearly the relations and the influences of the tax haven practices of corporations versus their undertaken social responsibility actions. Moreover, this paper brings a fresh perspective of this topic from the

  18. Top management motivation in global corporations

    Dmytro Lukianenko


    Full Text Available The article explores economic localization, socialization and development intellectualization processes. The research is focused on the relevant problem implying formation and development of human resources at organizations as a key factor of their competitiveness. Based on generalizing modern theoretical motivational models a comprehensive analysis of the motivation system for top management of corporations within the paradigm of global management has been carried out. Special attention is paid to the phenomenon of global business personification and virtualization, as well as to the formation of new financial and nonfinancial incentives for top managers. Practices of effective incentives for the contemporary key corporate management actors have been studied. A comprehensive country-based comparative analysis of key tools for financial and non-financial corporate incentives for top managers within the system of long-term, short-term and regulatory criteria and parameters has been performed. Based on summarizing academic studies and empirical evidence of the leading multinational corporations a motivational model for top management of corporations has been grounded and suggested for practical implementation in Ukraine with the said model accounting for the corporations' basic needs, financial status and interests as well as for countryspecific and regional features.

  19. Corporate Responsibility

    World Bank


    Appeals to corporate responsibility often simply take for granted that businesses have ethical responsibilities that go beyond just respecting the law. This paper addresses arguments to the effect that businesses have no such responsibilities. The interesting claim is not that businesses have no ethical responsibility at all but that their primal responsibility is to increase their profits. The extent to which there is reason to take such arguments seriously delineates the limits of corporate...

  20. Institutional arrangements for a multinational reprocessing plant

    Smith, C.B.; Chayes, A.


    The paper lists some of the major issues that would have to be faced in negotiating the institutional structure of a multinational nuclear-fuel center. None of the organization problems is inherently insoluble. Difficulties are exacerbated by the large number of questions, their interrelations, and the complexity of the assumed structure. However, the assumptions posed the most difficult case. A reduction in membership and in the ambitious scope of the enterprise, at least at the outset, would greatly reduce the complexity of the organizational structure and the difficulty of negotiations. The analysis suggests that multinational fuel-cycle activities should start out more modestly, perhaps only with joint appraisal by a relatively few countries with existing geographic or economic connections. If operations are contemplated it would seem that the first step should be joint arrangements for spent-fuel storage, with the decision to go forward to more elaborate activities deferred. This approach would not only be simpler and permit the parties to gain experience working together, but it would have the virtue of delaying reprocessing until it was clear that there was a real need for it. Even on this reduced basis, the negotiating task would not be easy. The key, of course, to overcoming difficult technical problems of institutional structure is politial will--the genuine commitment of the participants to the aims and values of the enterprise. This suggests that any effort to cajole--not to say coerce--participation in a multinational fuel-cycle enterprise would be wholly misplaced. A reluctant partner would have available an infinitude of points and issues to create plausible, irritating, and ultimately defeating delay and complication in the negotiating process. Only assent freely given in the perception that the enterprise really serves the interest of the countries involved will be able to surmount the many institutional problems that will inevitably arise

  1. Global corporate workplaces implementing new global workplace standards in a local context

    Hodulak, Martin


    In recent years, multinational corporations were increasingly engaged in the development of standardized global workplace models. For their implementation and feasibility, it is decisive as how these standards fit the diverse regional workplace cultures. This topic was pursued in the course of a research project, comparing established workplaces in Germany, USA and Japan against global workplace standards of multinational corporations. The analysis confirmed the expected differences among local workplaces and on the other hand a predominant mainstream among global corporate workplace standards. Conspicuous however, are the fundamental differences between local models and corporate standards. For the implementation of global standards in local context, this implies multiple challenges on cultural, organizational and spatial level. The analysis findings provide information for assessing current projects and pinpointing optimization measures. The analysis framework further provides a tool to uncover and assess n...

  2. Multinational Firms and Business Cycle Transmission

    Menno, Dominik Francesco

    This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more synchronized investment cycles. I also find...... that the relation between FDI integration and synchronization of gross domestic product (GDP) is - yet positive - statistically insignificant after controlling for time fixed effects. I then study a model of international business cycles with an essential role for FDI and shocks to multinational activity...

  3. Disruptive Innovation by Emerging Multinational Latecomers

    Li, Peter Ping

    Despite the growing interest in the emerging-economy multinational enterprise (EMNE), there is little knowledge about the underlying mechanism for EMNEs as latecomers to catch up with and even leapfrog the traditional MNEs as early-movers. The cross-fertilization between the research streams...... of latecomer innovation as a special DI by EMNE at BOP to provide insights into the mechanisms underlying the trajectories of catching up and leapfrogging. Built upon latecomer innovation, EMNEs at BOP can emerge as the most disruptive challengers to the MNE incumbents at TOP. The implications of reframed...... constructs, integrative typology, and emerging theory for research and practice are also discussed....

  4. Essays on Multinational Production and International Trade

    Clementi, Federico

    This Thesis consists of an introduction followed by three independent chapters. Each chapter is a self-contained paper that can be read independently. They cover different topics of international economics with a specific focus on multinational production and international trade. A common feature...... the intensity of spillovers to local suppliers. Domestic firms benefit only from the activity of foreign clients that are not vertically integrated in their industry. In the last chapter, I use a detailed dataset of international transactions of Danish companies to study the impact of Chinese competition...

  5. Establishing a Communication Link between Multinational Companies and Their Subsidiaries.

    Rao, Hema; Golen, Steven

    A key characteristic of multinational companies is a worldwide perspective and orientation in managerial decision making. In its quest for international opportunities, a multinational company confronts many problems and uncertainties in evaluating and dealing with political, legal, economic, social, cultural, and governmental policy variables and…

  6. Internal capital markets and lending by multinational bank subsidiaries

    De Haas, Ralph; van Lelyveld, Iman

    We use new panel data on the intra-group ownership structure and the balance sheets of 45 of the largest multinational bank holdings to analyze what determines the credit growth of their subsidiaries. We find evidence for the existence of internal capital markets through which multinational banks

  7. Nationality Divides and Shared Leadership in Multinational Teams

    Paunova, Minna


    How shared leadership is enacted in teams that are nationally diverse is currently under- researched, despite the increasing presence of multinational teams in the workplace. To better understand the phenomenon of shared leadership in multinational team contexts, we propose two ways in which...

  8. Consulting-Research Froblems with German and American Multinational Firms.

    Hildebrandt, Herbert W.

    International researchers need to be aware of international problems and multinational managerial codes when they work with worldwide organizations. This paper develops the premise that consulting with German multinational companies is more complex than consulting with or researching for American firms. Discussion focuses on the following three…

  9. Funding Costs and Loan Pricing by Multinational Bank Affiliates

    Derviz, Alexis


    Roč. 9, č. 9 (2009), s. 1-48 ISSN 1803-7070 Institutional research plan: CEZ:AV0Z10750506 Keywords : multinational banks * bank loan pricing * internal capital market Subject RIV: AH - Economics funding costs and loan pricing by multinational bank affiliates.pdf

  10. Penetration strategies of Turkish corporations in Kosovo’s market

    Vardari, Luan; Arapi, Dena; Qekaj- Thaqi, Aferdita


    Rapid developments and increasing competition in recent years have prevented companies from producing and selling only in domestic markets, but also causing their foreign resources and investments to be directed to foreign markets. In this case, once businesses decide to join a particular market, they have to decide which is the best way to penetrate there. Turkish multinational corporations, which have been spreading all over the world with their investments, have conquered world markets wit...


    Lucia P. BLĂJUȚ


    This paper highlights the role of international mergers and acquisitions in corporate integration. The factors that stimulate mergers and acquisitions activities bring real changes in the world economy. Mergers and acquisitions are a form of expansion: mergers can take place either as a statutory merger or consolidation and minority, majority or full acquisitions dominate the international market. It is very important to not confuse the meaning of the two terms. Multinational companies are fo...

  12. Financial derivatives as a tool for modern corporation

    Mieszkowicz, Andrzej Paweł


    The objectives of the thesis are to describe financial derivatives in a theoretical way and the situations in which they can be applied. How multinational corporations can take advantage of them in different kind of activities. Thesis consist of three chapters. In first chapter there are considered opportunities and threats for a domestic company to expand its activities abroad. It includes the consideration of which necessary activities must be taken prior to the expansion and which most imp...

  13. Turbulence: A Corporate Perspective on Collaborating for Resilience

    Kupers, Roland


    The ever tighter coupling of our food, water and energy systems, in the context of a changing climate is leading to increasing turbulence in the world. As a consequence, it becomes ever more crucial to develop cities, regions, and economies with resilience in mind. Because of their global reach, substantial resources, and information-driven leadership structures, multinational corporations can play a major, constructive role in improving our understanding and design of resilient systems. ...


    Mladen M. Ivic


    Full Text Available The rapid development of the globalization of business has caused an increase in competition in the international market. Number of organizations different forms be increasing according to the development level of the business. Multinational companies are all companies that operate on the principle of equity investments from several countries and have control over the property for at least two or more countries. These organizations have a well-developed network of its own branches which are located around the world, through which they control the production, distribution of goods and services. Global companies - terminology under this name is first mentioned in literature in the early 90's. Global companies implement a global strategy that treats the whole world as one market and act in terms of strengthening the forces of global integration and national responsiveness pad.

  15. Multinationality as real option facilitator – Illusion or reality?

    Aabo, Tom; Pantzalis, Christos; Park, Jung Chul


    Previous literature provides multiple conflicting arguments on why and when multinationality should enhance or impede the value-relevance of firms’ real options. We address this issue by examining whether the relationship between stock returns and changes in return volatility varies with multinat......Previous literature provides multiple conflicting arguments on why and when multinationality should enhance or impede the value-relevance of firms’ real options. We address this issue by examining whether the relationship between stock returns and changes in return volatility varies...... with multinationality. Our results indicate that multinationality does indeed act as a real option facilitator. Furthermore, we show that, consistent with the notion that there are limits to the operating flexibility associated with multinationality this benefit only accrues fully if the firm is not financially...

  16. The Social Construction of the Responsible Corporate Citizen: Sustainability Reports of the Global Automotive Firms

    Shinkle, George; Spencer, J. William


    The constitutive meanings of responsible corporate environmental citizenship are to be found in global discourses. We use Gubrium and Holstein‘s framework on interpretive practice to study the Corporate Sustainability Reports of multinational automotive companies regarding global warming. We observe three common themes – recognizing the issue of greenhouse gases, acknowledging stakeholders, and being role models for society. However, these themes take on unique meanings vis-à-vis each corpora...

  17. Corporate Governance

    Dragoș-Mihail Daghie


    Full Text Available The purpose of this study is to analyze and understand the recently introduced form of managementof a company limited by shares. The Law no. 441/2006, which fundamentally amended Company Law,created this form of controlling the company, the corporate governance, but the legislation does not explicitlydefine what it wants to achieve through this instrument. This topic is recent in research as the theme ofgerman-roman commercial law systems (in French corporate governance system was introduced in 1966 andin Romania in 2006 but in terms of Anglo-Saxon law, the topic has been addressed years since 1776 (AdamSmith: The Wealth of Nations The concept of corporate governance would like, as a result, to establish somerules that companies must comply in order to achieve effective governance, transparent and beneficial forboth shareholders and for the minority. Corporate governance is a key element with an aim at improvingefficiency and economic growth in full accordance with the increase of investors’ confidence. Corporategovernance assumes a series of relationship between the company management, leadership, shareholders andthe other people concerned. Also corporate governance provides for that structure by means of which thecompany’s targets are set out and the means to achieve them and also the manner how to monitor such.

  18. MNE translation of corporate talent management strategies to subsidiaries in emerging economies

    Beamond, Maria Teresa; Farndale, Elaine; Härtel, Charmine E.j.


    The rise of emerging economies in recent years has motivated calls for research into how multinational enterprises translate their corporate strategies to subsidiaries in these countries. This study addresses this issue and presents a heuristic framework derived from the resource-based view and

  19. Corporate social responsibility in the coffee sector: The dynamics of MNC responses and code development

    Kolk, A.


    Since the collapse of the international coffee agreement in 1989, attention has increasingly focused on the role of multinational corporations in this sector. As the main actors in the international coffee chain, companies such as Sara Lee/Douwe Egberts, Nestlé and Kraft have been pressurised to

  20. Ex vivo expansion of CD3depleted cord blood-MNCs in the presence of bone marrow stromal cells; an appropriate strategy to provide functional NK cells applicable for cellular therapy

    Ehteramolsadat Hosseini


    Full Text Available Considering umbilical cord blood (UCB as a rich source of hematopoietic stem cells, we introduced a cost-effective approach to expand CD3depleted UCB-MNCs into functional NK cells. CD3depleted UCB-MNCs were expanded in the presence or absence of a feeder [bone marrow stem cells (BMSCs or osteoblasts], with or without cytokines and their differentiation into NK cells was determined by flow cytometry. NK cell function was quantified by LAMP-1/CD107a expression, TNF-α/IFN-γ release, and LDH release/PI staining in targets. Higher expansion of NK cells was observed after two weeks in the presence of BMSCs and cytokines (104 ± 15 compared to osteoblasts and cytokines (84 ± 29, p < 0.05. On day 14, CD3depleted UCB-MNCs in the presence of BMSCs and cytokines showed lower expression of CD3, CD19, CD14, CD15 and CD69 as well as higher expression of CD2 and CD7, which were suggestive of cell differentiation into mature NK cell lineage. Strong cytotoxicity of expanded cells was also identified with higher LDH release and PI% in targets. Significant upregulation of LAMP-1 with decreased release of IFN-γ and TNF-α from effectors were observed. We demonstrate an effective expansion of UCB-NK cells that maintained their functional capabilities applicable for cellular therapies.

  1. Corporal punishment.

    Zolotor, Adam J


    Corporal punishment is used for discipline in most homes in the United States. It is also associated with a long list of adverse developmental, behavioral, and health-related consequences. Primary care providers, as trusted sources for parenting information, have an opportunity to engage parents in discussions about discipline as early as infancy. These discussions should focus on building parents' skills in the use of other behavioral techniques, limiting (or eliminating) the use of corporal punishment and identifying additional resources as needed. Copyright © 2014 Elsevier Inc. All rights reserved.

  2. Multinational Subsidiary Performance: Evidence from the Ghanaian ...


    May 1, 2016 ... the financial and economic foundations of the developed economies with its aftershock .... Likewise, Dunning (1993) noted that one of the fundamental reasons .... of management effectiveness and corporate performance in ...

  3. Proactive sustainability strategy and corporate sustainability performance: The mediating effect of sustainability control systems.

    Wijethilake, Chaminda


    This study examines to what extent corporations use sustainability control systems (SCS) to translate proactive sustainability strategy into corporate sustainability performance. The study investigates the mediating effect of SCS on the relationship between proactive sustainability strategy and corporate sustainability performance. Survey data were collected from top managers in 175 multinational and local corporations operating in Sri Lanka and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). SCS were observed to only partially mediate the relationship between proactive sustainability strategy and corporate sustainability performance. The mediating effect of SCS is further examined under three sustainability strategies; environmental and social strategies reveal a partial mediation, while the economic strategy exhibits no mediation. The study also finds that (i) a proactive sustainability strategy is positively associated with SCS and corporate sustainability performance and (ii) SCS are positively associated with corporate sustainability performance. Copyright © 2017 Elsevier Ltd. All rights reserved.

  4. Corporate entrepreneurship

    Christensen, Karina


    Corporate entreprenørskab kan blive svaret på, hvordan Danmark fremmer en mere videnintensiv produktion. Begrebet er blevet anvendt til at forklare forskellige organisatoriske fænomener alt fra strategi over ledelse i al almindelighed til innovation, hvilket har medført en mangfoldighed af begreb...

  5. Corporate Venturing

    Vintergaard, Christian

    path of an entrepreneurial opportunity of the Danish corporate venture capitalist,Danfoss A/S. This paper distinguishes itself from previous research done on entrepreneurialopportunities by creating a holistic and conceptual framework, which broadens and expands theperception of the market participants...

  6. Corporate Awakening

    LaFrance, Julie; Lehmann, Martin


    Predominantly since the 1992 Rio Summit, corporations have been increasingly pursuing partnerships with public institutions including governments, international organisations and NGOs that aim to contribute to sustainable development activities. Both the business community and public organisation...... for cooperation on community development programs in Myanmar....

  7. Practices at the Boundaries of Business Ethics & Corporate Social Responsibility

    Weller, Angeli

    social responsibility field in the United States, as well as their current articulations of knowledge and competence in their respective fields. The third article is a single case study of a company that purposefully aligned ethics, compliance, corporate social responsibility and sustainability practices......In this dissertation, I explore the practices created to manage business ethics and corporate social responsibility in multinational corporations and the relationship between them across three separate but interrelated articles. The first article suggests that these practices are resident...... in distinct communities of practice, and therefore there are boundaries in both meaning and identity that make alignment between them problematic. The second article looks at the boundaries between these communities by exploring the history of the professional associations in the business ethics and corporate...

  8. The Politics of Stakeholder Influence in Corporate Environmental Governance

    Backer, Lise

    In this article I analyse how the multinational oil company Shell has responded to the increasing institutional pressures (DiMaggio and Powell, 1983) related to corporate environmental governance. The corporate culture in Shell appears favourable (Hoffman, 2001) towards the adoption of corporate...... environmental governance practices. The Shell top management is to this end appearing sincere in the way they monitor (Meyer and Rowan, 1977) the progress in giving secondary stakeholders (Clarkson, 1995) access to environmental information and to environmental decision-making in Shell. Based on the Shell case...... I contribute in this article to descriptive stakeholder engagement theory by conceptualising a number of new internal influence strategies that engaged secondary stakeholders can use in their new face-to-face interactions with the corporations. These internal stakeholder influence strategies should...

  9. Examples of socially responsible practices of multinational enterprises from developed and developing countries in Colombia

    Yenni Viviana Duque Orozco


    Full Text Available International business research has considered the Corporate Social Responsibility (CSR of the Multinational Enterprises (MNEs and so Multilateral Organizations have developed different recommendations about what these companies should do in different social areas, especially in labor practices. MNEs play a significant role given their influence and activities in both home and host countries. They play a double role: actor of the problem, but also the actor of the solution. The purpose of the paper is to identify the differences of Socially Responsible Practices (SRP between MNEs from developed countries and MNEs from developing countries in Colombia. The method used in this document is a literature review from several academic databases; and we check CSR programs published in Web sites in the host country (Colombia of six MNE´s The results suggest that Multinationals from developing countries focus their practices on the com­munity, mainly in education programs, while Multinationals from developed countries try to work with all stakeholders and involve particularly aspects related with their business in the programs they develop. This is possible because MNEs from developed countries use better divulgation me­chanisms. SRP less mentioned in both cases are related to employees. Commitment with ethical responsibilities, promote greater economic and social inclusion should be the goals for MNEs in developing countries. In the other hand, the government has to play a more important role in this ground establishing minimum standards for MNEs that want to operate in developing countries, and some education programs to sensitize society into a more responsible consumption, in order to generate social pressure.

  10. Çokuluslu İşletmelerde Merkezi Nakit Yönetimi ve Havuzlama (Central Cash Management of Multinational Businesses and Pooling



    Full Text Available Cash management can be defined as the optimization of cash flows and investment of excess cash in a corporation. But from an international perspective, cash management becomes very complex because of different laws among countries that pertain to cross-border cash transfers. Besides, the value of cross-border cash transfers is affected by the exchange rate fluctuations. This article is concerned with the optimization of cash flows in a multinational corporation and examines centralized cash management approach and pooling technique in order to optimize the parent-subsidiary and inter-subsidiary cash flows.

  11. Foreign Entry Modes Under Institutional Pressures: The Impact of Strategic Resource Seeking and Market Seeking Strategies

    Manuel Portugal Ferreira


    Full Text Available Multinational corporations (MNCs are subject to the various dimensions of the external institutional environments. Institutional theory suggests that MNCs need to conform to the prevailing rules, norms and procedures of the locations where they operate in order to survive and grow. This means that MNCs need to develop the best possible configuration of strategy-structure for their worldwide operations. Previous research has noted that in these conditions firms may simply seek to follow a referent other. However, MNCs’ specific strategy for a focal foreign operation is likely to determine the entry mode for each host country. In certain circumstances it may be whether MNCs are pursuing a market-seeking strategy or a strategic resource seeking strategy that shapes the entry mode in face of the prevailing institutional pressures. We contribute to the understanding of entry modes into foreign markets as a reflection of a strategic choice that is bound by institutional constraints.

  12. European project for a multinational macrosectoral model

    d' Alcantara, G; Italianer, A


    This paper describes the HERMES project, a multinational macrosectoral European econometric modelling effort, sponsored by the Directorates General II (Economic and Financial Affairs), XII (Science, Research and Development), XVII (Energy) and the SOEC. The set-up of the model is sketched against the background of problems of growth, unemployment, inflation, trade balances, government balances and energy policy. Although the definitions of the variables and a complete specification of the model are given in the Appendix, the major features of the model are described extensively in the text. These include private and collective consumption (incl. a consumer demand system), the putty-clay production process, price and wage formation, sectoral bilateral trade flows and integrated energy economy modelling.

  13. Global Cities and Multinational Enterprise Location Strategy

    Goerzen, Anthony; Geisler Asmussen, Christian; Nielsen, Bo Bernhard


    We combine the concept of location derived by economic geographers with theories of the multinational enterprise (MNE) and the liability of foreignness developed by international business scholars, to examine the factors that propel MNEs toward, or away from, “global cities”. We argue that three...... distinctive characteristics of global cities – global interconnectedness, cosmopolitanism, and abundance of advanced producer services – help MNEs overcome the costs of doing business abroad, and we identify the contingencies under which these characteristics combine with firm attributes to exert......- and subsidiary-level factors, including investment motives, proprietary capabilities, and business strategy. Our study provides important insights for international business scholars by shedding new light on MNE location choices and also contributes to our understanding of economic geography by examining...

  14. Human Resource Outsourcing: Lesson from Multinational Enterprises

    Hasliza Abdul Halim


    Full Text Available This paper examines the consequence of the organization internalization on the practice of human resource (HR outsourcing among manufacturing organizations. The assumption is that HR outsourcing is perceived as an innovative practice and that multinational enterprise (MNEs will employ this practice more than local organizations. The data was gathered from survey questionnaires of 232 manufacturing organizations. Of the sample, 113 organizations engaged with HR outsourcing, and 71 are MNEs that partially outsource their HR functions. The findings reveal that HR outsourcing among MNEs is used to a greater extent than local organizations. A significant difference is found in the extent of outsourcing payroll, benefits, training and recruitment between MNEs and in local organizations.

  15. Identifying motivational factors within a multinational company

    Daniela Bradutanu


    Full Text Available The aim of the study is to identify the main motivational factors within a multinational company. The first objective is to identify work functions, formulated on Abraham Maslow’s pyramid, following the identification of the key characteristics that motivate an employee at the work place and last, but not least, the type of motivation that employees focus, intrinsic or extrinsic. The research method targeted a questionnaire based survey, including various company employees and an interview with the manager. The results confirmed that in Romania, employees put great emphasis on extrinsic motivation, a certain income and job security being primary. These results have implications for managers that in order to effectively motivate staff, first, must know their needs and expectations. To identify the main needs and motivational factors we had as a starting point Maslow's pyramid.

  16. International Transfer Pricing in Multinational Enterprises

    Rossing, Christian Plesner; Cools, Martine; Rohde, Carsten


    Current curricula in management accounting stress the role of transfer pricing as a tool for measuring the performance of responsibility centers and their managers. Recently, however, multinational enterprises (MNEs) have felt increasing pressure to comply with transfer pricing tax regulation...... of responsibility accounting. Specifically, the case study is a fictional MNE, allowing you to apply the OECD Guidelines in practice to cross-border transfers within an MNE, and to discuss the implications of tax-based transfer pricing for responsibility accounting. As a basis for working on the case study....... As a result, tax risk management considerations play a key role in the transfer pricing decisions of MNEs today. This case seeks to provide you with examples of the core principles of international transfer pricing, as well as to allow you to discuss international transfer pricing in the context...

  17. Nato Multinational Brigade Interoperability: Issues, Mitigating Solutions and is it Time for a Nato Multinational Brigade Doctrine?

    Schiller Mark


    Full Text Available Multinational Brigade Operations involving NATO and its European Partners are the norm in the post-Cold War Era. Commonplace today are Multinational Brigades, composed of staffs and subordinate units representing almost every NATO Country and Partner, participating in training exercises or actual operations in both the European and Southwest Asian Theatres. Leadership challenges are prevalent for the Multinational Brigade Commander and his staff, especially those challenges they face in achieving an effective level of brigade interoperability in order to conduct successful operations in NATO’s present and future operating environments. The purpose of this paper is twofold: to examine the major interoperability obstacles a multinational brigade commander and his staff are likely to encounter during the planning and execution of brigade operations; and, to recommend actions and measures a multinational brigade commander and his staff can implement to facilitate interoperability in a multinational brigade operating environment. Several key interoperability topics considered integral to effective multinational brigade operations will be examined and analysed to include understanding partner unit capabilities and limitations facilitated by an integration plan, appropriate command and support relationships, compatible communications, synchronized intelligence and information collection, establishing effective liaison, and fratricide prevention. The paper conclusion will urge for a NATO land brigade doctrine considering doctrine’s critical importance to effective brigade command and control interoperability and the expected missions a land brigade will encounter in future NATO operating environments as part of the NATO Very High Readiness Joint Task Force (VJTF.

  18. Double standards: the multinational asbestos industry and asbestos-related disease in South Africa.

    McCulloch, Jock; Tweedale, Geoffrey


    This study documents and contrasts the development of knowledge about asbestos-related disease (ARD) in South Africa and the United Kingdom. It also contributes to the globalization debate by exploring corporate decision-making in a multinational industry. Between the 1930s and 1960s, the leading U.K. asbestos companies developed a sophisticated knowledge of ARD, though in South Africa, where the leading companies such as Turner & Newall and Cape Asbestos owned mines, there was little attempt to apply this knowledge. Asbestos mines (and their environments) in South Africa were uniquely dusty and ARD was rife. Social and political factors in South Africa, especially apartheid, allowed these companies to apply double standards, even after 1960 when the much more serious hazard of mesothelioma was identified. This shows the need for greater regulation of multinationals. Because of the lack of such regulation in the early 1960s, an opportunity was lost to prevent the current high morbidity and mortality of ARD both in South Africa and worldwide.

  19. Multinational surveys for monitoring eHealth policy implementations

    Gilstad, Heidi; Faxvaag, Arild; Hyppönen, Hannele


    Development of multinational variables for monitoring eHealth policy implementations is a complex task and requires multidisciplinary, knowledgebased international collaboration. Experts in an interdisciplinary workshop identified useful data and pitfalls for comparative variable development...

  20. Business Communication Consulting and Research in Multinational Companies.

    Hildebrandt, Herbert W.


    Describes three issues involved in communication research and consulting for multinational companies, particularly those in Germany: qualifications for doing international consulting and research, problems of American scholar-researchers in those firms, and suggestions for dealing with those issues. (JMF)

  1. Decision-making in multinational enterprises: concepts and research approaches.

    Ghertman M


    ILO pub. Working paper on decision making processes in multinational enterprises - gives definition, type and classification of decision making in large enterprises; outlines the centralization decentralization theory and the iterative process; notes research needs. Bibliography.


    Flavian Clipa


    Full Text Available When the multinational firms employ human resources from different countries they have to submit to the restrictions concerning cultural differences. The paper is an attempt to show how the human resource management administrates these cultural differences.


    Flavian Clipa; Raluca Irina Clipa


    When the multinational firms employ human resources from different countries they have to submit to the restrictions concerning cultural differences. The paper is an attempt to show how the human resource management administrates these cultural differences.


    Hanindia Hajjar Damayanti


    Full Text Available Abstract: OECD's Role in Minimizing Tax Aggressiveness Efforts at Multinationality Companies. This paper aims to prove the relation between multinationality transaction of tax heaven countries and the tax investigation toward the tax aggressiveness. This research is done by quantitative approach upon the companies registered in BEI for 2010-2014 periods. The findings denote the tax heaven countries have no effort to conduct the tax aggressiveness on which the multinationality negatively has no effect since the occurrence in the OECD Transfer Pricing Guidelines as the guideline for both the taxing authority and the multinational companies in accomplishing the transfer pricing matter. In contrary, the investigation does not influence the tax aggressiveness.

  5. From Multilatina to Global Latina: Unveiling the corporate-level international strategy choices of Grupo Nutresa


    Full Text Available Research on Multilatinas has underexplored multinationals from Colombia and their corporate-level international strategy choices to develop into Global Latinas. Building on interviews, documents, and archival data about Grupo Nutresa -Colombia's most international firm in manufactured goods-, this study unveils and discusses this firm's corporate-level international strategy choices between 1960 and 2014. A prevailing notion is that most multinationals from Latin America continue to target international operations to focus mainly on their home region through an export, multidomestic or transnational corporate-level international strategy. In contrast, data show that Grupo Nutresa chose to evolve through a sequential approach from an export to a transnational corporate-level international strategy while its international operations were able to transcend its home region to reach North America, Asia, Europe, Africa, and Oceania. These results add to international business research on emergent market multinational companies (EMNCs from Latin America by unveiling the corporate-level international strategy choices of a Colombian origin Multilatina that transformed into a Global Latina.

  6. The Tax Sensitivity of Debt in Multinationals: A Review

    Schjelderup, Guttorm


    The OECD in its BEPS action plan 4 addresses tax base erosion by profit shifting through the use of tax deductible interest payments. Their main concern is interest deductions between outbound and inbound investment by groups. Studies of multinational firms show that the tax sensitivity of debt is more modest than what one would expect given the incentives for profit shifting. The purpose of this paper is to review existing literature and to add new knowledge on multinational firm behavior th...


    Denise Barros de Azevedo; Liane Aparecida Aires da Silva Rengel; Guilherme Cunha Malafaia; Karim Marini Thomé


    This paper addresses the question of the strategies involved in the import process of cages for laying hens, directed at the multinational enterprise distribution center. Identifies the reasons why a multinational company invests in Brazil, specifically in the city of Araraquara, São Paulo, where it is implementing a distribution center (DC). Developing the study of the strategies involved in the process, according to the main issue of the work, it took place through the exploratory analysis ...

  8. The Transfer of Organisational Culture in Multinational Companies

    Donmez, Ozlem


    The business world started to integrate internationally; therefore, it is likely to say that the multinational companies have become one of the key actors in international business. Since the multinational companies operate in many countries simultaneously; they face to multicultural challenges. The organisational culture is also influenced by the cultural diversity. It is possible to state that the transfer of the organisational culture is essential for the creation of the compatibility in t...


    Maria Cristina BÃLÃNEASA


    The intensification of the global economic activity has generated changes in working relations. The intensification of the activities within multinational companies has determined greater employment flexibility, but also a lower collective bargaining power of the employees, because the multinationals attempted to weaken the power of trade unions. The purpose of this paper is precisely to identify the attitude of these companies towards trade union activity and the reaction of labour organizat...

  10. International expansion of Chinese multinationals: the new challenge of globalization

    Quer, Diego; Claver-Cortés, Enrique; Rienda, Laura


    Over the last few years, a new generation of Chinese multinationals has set out to conquer global markets, featuring major international acquisitions that were unthinkable until very recently. This work seeks to analyze the nature of this emerging phenomenon, illustrating the reasons behind the international expansion of Chinese multinationals, the factors that facilitate and hinder this process, the entry modes that they use and the strategic implications for Western companies of their sudde...

  11. The expatriates in multinational companies: A trend in Serbia

    Ratković Tatjana


    Full Text Available Expansion of international operations has imposed new demands to multinational companies, especially in the area of human resource management. International human resource management is primarily characterized by movement of employees across the boundaries of one country in order to take various roles in foreign subsidiaries of multinational companies. One of the most important decisions a multinational company has to make refers to selection of employees to fill in positions in its foreign subsidiaries depending on nationality of employees. This paper tends to explore the significance and roles of expatriates in obtaining success of multinational company in international operations in order to emphasize the advantages expatriates may bring to a multinational company. This paper aims to analyze one of crucial issues that multinational companies face in global environment - the process of expatriation, particularly focusing on the number of expatriates (parent country nationals in subsidiaries of foreign multinational companies in Serbia and the tendency of changing their number in these subsidiaries, as well as nationality of managers in key positions in these subsidiaries (CEO and HR manager. Empirical research performed through a questionnaire has shown certain features of subsidiaries of multinational companies in Serbia, indicating that the number of expatriates has increased since their founding until today (contrary to expectations based on theoretical concepts and results of studies performed in other countries and environments. However, as it was expected, the analysis of results has shown that most subsidiaries in Serbia have replaced their expatriates in the position of CEO (and HR manager, which has brought companies numerous benefits, such as lower expenses.

  12. Multinational Firms, National Culture, and Gender-Based Employment Discrimination

    John Lawler


    Sex segregation in the workplace has been related to a variety of economic, institutional, and social factors. An issue that has only been explored to a limited extent is the role that multinational firms might play in promoting or inhibiting employment discrimination and sex segregation in developing countries. This study focuses on this issue within the context of Thailand, one of the world's most rapidly growing economies and a country with considerable investment by multinational firms. T...

  13. Multinational/regional repository - an illusion or solution

    Mele, I.


    The concept and current status of multinational and regional repositories are presented in the paper. Particular emphasis is given to the results and findings of the recent EU project SAPIERR, investigating the feasibility of regional repository concepts in Europe. Prospects for further development of multinational repositories are also brought forward and the impact and potential benefits of this approach to our national disposal programme are discussed as well. (author)


    Darjan Karabasevic


    Full Text Available Corporate sector and companies have recognized the importance of implementation of strategy of corporate social responsibility in order to increase the company's image and responsibility towards society and the communities where they operate. Multinational companies in their everyday activities and operations pay more attention to sustainable models of corporate social responsibility. The focus of this paper is to identify the indicators of corporate social responsibility and to rank companies according to the indicators. Proposed framework for evaluation and ranking is based on the SWARA and the ARAS methods. The usability and efficiency of the proposed framework is shown on an illustrative example.

  15. Human rights and multinational firm returns

    Dag, Nihat; Eije, Henk von; Pennink, Bartjan


    Corporate social responsibility receives increased attention in economic analysis and research, but the knowledge of the effect of ethical issues on company performance is still in its infancy. In this paper we attempt to measure the impact of the human rights issue with an event study. In

  16. Multinational design evaluation programme - 2009 annual report


    The Multinational Design Evaluation Programme (MDEP) was established in 2006 as a multinational initiative to develop innovative approaches to leverage the resources and knowledge of the national regulatory authorities who are currently or will be tasked with the review of new reactor power plant designs. MDEP comprises 13 countries' nuclear regulatory authorities and is structured under 3 design-specific working groups and 3 issue-specific working groups which meet several times a year. The OECD/NEA facilitates MDEP's activities by acting as technical secretariat for the programme. The MDEP Policy Group (PG) and the Steering Technical Committee (STC) oversee the programme. MDEP's main objectives can be defined as follows: - to enhance multilateral co-operation within existing regulatory frameworks; - to encourage multinational convergence of codes, standards and safety goals; - to implement the MDEP products in order to facilitate the licensing of new reactors, including those being developed by the Generation IV International Forum. To carry out the work, two main lines of activity have been implemented: - the exploration of opportunities for harmonisation of regulatory practices; - the cooperation on the safety reviews of specific reactor designs. MDEP engages with key stakeholders involved in ensuring the safety of new reactor designs, manufacturing, construction and operation. At this time, these stakeholders include other national regulatory authorities and international organisations involved in ensuring nuclear safety including the IAEA, Western European Nuclear Regulators' Association (WENRA), NEA Committees on Nuclear Regulatory Activities (CNRA) and Safety of Nuclear Installations (CSNI), the various reactor vendors, nuclear component manufacturers, mechanical and electrical standards development organisations, reactor operators and licensees and key industry representatives such as World Nuclear Association (WNA). To this end, the MDEP has organised a

  17. Corporate contestability and corporate expropriation

    Abdul Hadi Zulkafli


    Full Text Available This paper presents evidence on the role of ownership in dealing with corporate expropriation of listed companies in Malaysia. From the perspective of expropriation, a single controlling shareholder is always associated with such behavior due to their power and control at the expense of minority shareholder. However, subsequent individual or coalition of large shareholders can be an important corporate governance tool by providing effective monitoring that would lessen the possibility of expropriation by the controlling shareholder. Relating to that, this study evaluates the role of controlling and large shareholders in dealing with corporate expropriation. It is found that there is a negative relationship between single controlling shareholders and dividend payout ratio indicating that firms with only controlling shareholder will pay a lower dividend due to possible expropriation through profit diversion by controlling shareholder. Using Herfindahl Index as a proxy for ownership contestability, the presence of large shareholders along with controlling shareholder has a positive relationship with dividend payout implying that increased contestability helps to curb the power of controlling shareholder to expropriate fund for their own benefit. In accordance with agency theory, the outcome suggests that large shareholders play a monitoring role in minimizing the Type II agency problem. It is also verifying the argument made based on the Catering Theory of Dividend that the presence of large shareholder brings benefit to all shareholders as they are able to reduce profit diversion by demanding for higher dividend

  18. All Animals are Equal, but...

    Rahbek Pedersen, Esben


    The stakeholder approach has become a popular perspective in mainstream management and corporate social responsibility (CSR) literature. However, it remains an open question how real‐life managers actually view their stakeholders and what rationales are used for making judgments about their relative importance. This article will try to answer these questions by examining who managers in multinational corporations (MNCs) consider as their stakeholders and how they value them. It...

  19. Going Corporate

    Kadre, Shailendra


    Going Corporate: A Geek's Guide shows technology workers how to gain the understanding and skills necessary for becoming an effective, promotable manager or sought-after consultant or freelancer. Technology professionals typically dive deeply into small pieces of technology - like lines of code or the design of a circuit. As a result, they may have trouble seeing the bigger picture and how their work supports an organization's goals. But ignoring or dismissing the business or operational aspects of projects and products can lead to career stagnation. In fact, understanding the larger business

  20. Corporate Foresight

    Rohrbeck, René; Gemünden, Hans Georg


    Although in the last three decades much knowledge has been produced on how best to conduct foresight exercises, but little is known on how foresight should be integrated with the innovation effort of a company. Drawing on empirical evidence from 19 case studies and 107 interviews, we identify three...... roles that corporate foresight should play to maximize the innovation capacity of a firm: (1) the strategist role, which explores new business fields; (2) the initiator role, which increases the number of innovation concepts and ideas; and (3) the opponent role, which challenges innovation projects...

  1. Corporate responsibility

    Jensen, Karsten Klint


    Is it legitimate for a business to concentrate on profits under respect for the law and ethical custom? On the one hand, there seems to be good reasons for claiming that a corporation has a duty to act for the benefit of all its stakeholders. On the other hand, this seems to dissolve the notion...... of a private business; but then again, a private business would appear to be exempted from ethical responsibility. This is what Kenneth Goodpaster has called the stakeholder paradox: either we have ethics without business or we have business without ethics. Through a different route, I reach the same solution...

  2. Corporate Entrepreneurship

    Lassen, Astrid Heidemann; Sørensen, Suna


    The recognition of the importance of entrepreneurial dynamics in corporate context is increasingly acknowledged in both entrepreneurship and strategic management literature, as firms today face a reality in which frame-breaking innovation is an important element of survival. From this understanding......, the concept of Strategic Entrepreneurship (SE) has arisen, arguing a logic of focusing on the intersections between the two fields. This paper sets out to explore the SE construct empirically. Through seven case studies evolving around radical technological innovations, evidence is found of the importance...

  3. Corporate Fictions

    Staunæs, Dorthe; Søndergaard, D. M.


    The article describes a particular strategy of communication called a social science fiction. The strategy was taken up following an empirical research project on gender and management, in order to communicate results to the company's managers and Human Resource Staff. The research results showed...... fiction was the kind of narrative therapy, which aims to reconfigure the problem in focus by a process of externalisation that allows a reconstruction and retelling of the issue. The article describes how three cultural mechanisms in the company were condensed into three imaginary figures: Mr. Corporate...

  4. Employee perceptions of symbolic corporate identity elements and employer-employee relationships at Lonmin Platinum / L. Holtzhausen

    Holtzhausen, Lida


    Large multi-national corporations experience more and more pressure to maintain good relationships with their stakeholders, including employees. Concurrent with this, the focus of Corporate Communication management has shifted from pure communication management to relationship management. Lonmin Platinum, a mining company within the South African mining and minerals sector is no exception in this regard. In fact, due to the apartheid legacy and government regulations that ar...

  5. Where Corporate Culture and Local Markets Meet. Music and Film Majors in the Netherlands, 1990-2005

    Kamp, Miriam


    textabstractSince the 1980s, media and entertainment companies have developed into large cross-media multinationals. Their international structure, strategy and operation have been investigated extensively. However, these majors operate globally by having local offices in various markets. So far, little attention has been paid to this aspect. In Where Corporate Culture and Local Markets Meet, Miriam van de Kamp addresses the local operation of international music and film corporations in the ...

  6. Emerging 'Standard Complex' and Corporate Social Responsibility of Agro-food Businesses: A Case Study of Dole Food Company

    Sekine, Kae; Boutonnet, Jean-Pierre; Hisano, Shuji


    Recently as a reaction to the social movement of fair trade and the like, multinational agro-food businesses are getting remodelled to suit a growing public awareness of the spread of 'corporate social responsibility', which is now adopted as a new strategy by major corporations across sectors. This phenomenon raises questions about the nature of fair trade as an alternative movement against the globalisation and industrialisation of the agro-food system. Dole Food Company is one of these agr...


    Sirait, Timbo Mangaranap


    AbstractSince the issuance of Temporary People’s Consultative Assembly Decree - TAP MPRS No. XXIII/66 until the Reformation era, the participation of strategic multinational corporations is needed for the development. However, in doing their activities, there was a corporation who committed bribery whose criminal law jurisdiction is related to Anti-Bribery FCPA of America. Although the bribery beneficiaries were sentenced in Indonesia because of the locus and tempus delicti of the crime was i...

  8. The Comprehensive Approach Concept in Multinational Operations

    Neag Mihai-Marcel


    Full Text Available The planning of operations is regulated by documents covering the participation of forces in military actions in a national and multinational context. The process of planning the operations has been adapted to conceptual planning progress. The concept of allied effect-based operations, which was an alternative to old national concepts, has undergone transformations, so the process of planning operations at allied level is currently based on the concept of a comprehensive approach, which is a strategic concept, do not give up effects. The term action-based operations has been replaced by the term “thought-based thinking” and belongs to the general concept of comprehensive approach. If the planning process meant the effects, so the main planning objectives were the effects, then the planning was based on concrete objectives, the effects being maintained for the economy of effort and maximizing efficiency, the main purpose of the effects being the evaluation of the operations. From this point of view, we consider that the concept has not been abandoned, what has changed, it was just the working method, the subject being still topical.

  9. COMPARE CPM-RMI Trial: Intramyocardial Transplantation of Autologous Bone Marrow-Derived CD133+ Cells and MNCs during CABG in Patients with Recent MI: A Phase II/III, Multicenter, Placebo-Controlled, Randomized, Double-Blind Clinical Trial.

    Naseri, Mohammad Hassan; Madani, Hoda; Ahmadi Tafti, Seyed Hossein; Moshkani Farahani, Maryam; Kazemi Saleh, Davood; Hosseinnejad, Hossein; Hosseini, Saeid; Hekmat, Sepideh; Hossein Ahmadi, Zargham; Dehghani, Majid; Saadat, Alireza; Mardpour, Soura; Hosseini, Seyedeh Esmat; Esmaeilzadeh, Maryam; Sadeghian, Hakimeh; Bahoush, Gholamreza; Bassi, Ali; Amin, Ahmad; Fazeli, Roghayeh; Sharafi, Yaser; Arab, Leila; Movahhed, Mansour; Davaran, Saeid; Ramezanzadeh, Narges; Kouhkan, Azam; Hezavehei, Ali; Namiri, Mehrnaz; Kashfi, Fahimeh; Akhlaghi, Ali; Sotoodehnejadnematalahi, Fattah; Vosough Dizaji, Ahmad; Gourabi, Hamid; Syedi, Naeema; Shahverdi, Abdol Hosein; Baharvand, Hossein; Aghdami, Nasser


    The regenerative potential of bone marrow-derived mononuclear cells (MNCs) and CD133+ stem cells in the heart varies in terms of their pro-angiogenic effects. This phase II/III, multicenter and double-blind trial is designed to compare the functional effects of intramyocardial autologous transplantation of both cell types and placebo in patients with recent myocardial infarction (RMI) post-coronary artery bypass graft. This was a phase II/III, randomized, double-blind, placebo-controlled trial COMPARE CPM-RMI (CD133, Placebo, MNCs - recent myocardial infarction) conducted in accordance with the Declaration of Helsinki that assessed the safety and efficacy of CD133 and MNCs compared to placebo in patients with RMI. We randomly assigned 77 eligible RMI patients selected from 5 hospitals to receive CD133+ cells, MNC, or a placebo. Patients underwent gated single photon emission computed tomography assessments at 6 and 18 months post-intramyocardial transplantation. We tested the normally distributed efficacy outcomes with a mixed analysis of variance model that used the entire data set of baseline and between-group comparisons as well as within subject (time) and group×time interaction terms. There were no related serious adverse events reported. The intramyocardial transplantation of both cell types increased left ventricular ejection fraction by 9% [95% confidence intervals (CI): 2.14% to 15.78%, P=0.01] and improved decreased systolic wall thickening by -3.7 (95% CI: -7.07 to -0.42, P=0.03). The CD133 group showed significantly decreased non-viable segments by 75% (P=0.001) compared to the placebo and 60% (P=0.01) compared to the MNC group. We observed this improvement at both the 6- and 18-month time points. Intramyocardial injections of CD133+ cells or MNCs appeared to be safe and efficient with superiority of CD133+ cells for patients with RMI. Although the sample size precluded a definitive statement about clinical outcomes, these results have provided the

  10. Impact of firm-level factors and market entry mode on performance: A study of service MNCs in an emerging economy

    George Acheampong


    Full Text Available The study examined the market entry strategies of multinational services companies into Ghana’s service sector and the linkages to firm level performance after entry. Literature was reviewed on market entry strategies, internationalisation, globalisation of service firms and resource-based theory. The study adopted a combination of both quantitative and qualitative research approaches in this study. The qualitative approach was for deeper enquiry and quantitative for empirical testing. The study found that firm specific factors affect the market entry strategy while the entry strategy also affects performance after it enters the market. Home country factors and the features of services are also seen to moderate on the effects mentioned. Respondents also indicated that the features of services were an industry wide issue not so much consideration is given to it.

  11. Evolution of Corporate Essence

    Fomcenco, Alex


    that applies to a traditional limited liability company. Its main distinctive attributes are corporate purpose, accountability of its management, and transparency requirements. Although, a Public Benefit Corporation does not impose any revolutionary amendments to the way the traditional corporations are......, it offers a legal framework where public benefit is more important than profits. As a corporate entity, Public Benefit Corporation already exists in numerous jurisdictions and those jurisdictions that do not yet facilitate creation of this corporate form should most definitely consider it....

  12. Organization of multinational undertakings in the nuclear field

    Yajima, Masayuki


    Various proposals have been put forward to establish multinational undertakings for enrichment, fuel fabrication, reprocessing, spent fuel storage and waste management. The purpose of this paper is to investigate the legal, institutional framework aspects of multinational undertakings in the field of nuclear fuel cycle. The selection of the appropriate bodies representing the interest of participating countries would largely depend on the object or role of multinational undertakings. Regarding the principle of formation, URENCO is a much informative model of formation, which distinguishes the equity participation at national level and multinational level. The allocation of service between equity participants and non-equity participants depends on the objective of establishing business. Some priority in service allocation should be given to equity participants, and the participants having non-proliferation objective may require service allocation to avoid proliferation risk. The degree of achieving non-proliferation goal is related to the scope of participation. The experience in the field of nuclear energy seems to suggest that the concept of two-tiered decisionmaking structure is generally accepted. Various legal instruments appropriate to constitute multinational fuel cycle arrangement were examined, referring to the precedents and experience. (Kako, I.)

  13. Managing Corporate Reputation Through Corporate Branding

    Schultz, Majken; Hatch, Mary Jo; Adams, Nick


    This article, which concentrates on symbolic management by explaining the role of corporate branding in managing corporate reputation, using Novo Nordisk as a case study, presents three perspectives on corporate branding: the marketing perspective, the organisational perspective and the co...... is a way to influence corporate reputation. The Novo Nordisk management believes the data indicate that corporate branding influenced reputation more than the other way around. Formal brand management practices may work considerably better when they complement rather than try to control existing forces......-creation perspective. The three perspectives reviewed show the possibility of developing a multidisciplinary conceptualisation of corporate branding. They all offer insights important to managing organisations as corporate brands in a multi-stakeholder context and thus to the likelihood that corporate branding...

  14. Globalizasyonun Çokuluslu İşletmelerin Pazarlama ve Yönetimine Etkisi( The Effects Of Globalization On The Marketing And Management Of Multinational Enterprises

    Burak KARTAL


    Full Text Available Multinational and global companies account for a significant part of world trade in today’s world. Meanwhile, these gigantic corporations are affected by a number of factors like rapid technological changes, diminishing trade barriers and so on. Many multinationals benefit global strategy to some extent in order to adapt to those changes. Yet, a few of them become thoroughly global. In this paper, developments related to globalization are reviewed and the terms global company, global marketing, and global strategy are explored in detail. The process of going global for a MNC and management, organizational structures, and relations with governments and unions are also mentioned in terms of a company with a global strategy.

  15. Danish recommendations on treatment of ankylosing spondylitis and spondyloarthritis based on multinational project initiative

    Pedersen, Susanne Juhl; Madsen, Ole Rintek; Erlendsson, J.


    INTRODUCTION: The multinational initiative "3e Initiative in Rheumatology - Multi-national Recommendations for the Management of Ankylosing Spondylitis 2006-7" served the primary purpose of providing specific recommendations for the management of ankylosing spondylitis and spondyloarthritis...

  16. The Performance and Risk Management Implications of Multinationality

    Juul Andersen, Torben

    Multinational enterprise in control of dispersed overseas resources and capabilities has been linked to strategic flexibility that allows the firm to take advantage of opportunities and manage exposures imposed by changing environmental conditions. This paper analyzes the implied performance...... and risk management effects in a comprehensive sample of public firms and finds supportive evidence for the proposition that multinationality can enhance performance across industries. However, the ability to exploit upside potential and avoid downside risk is industry specific. The positive effects...... of multinationality are found particularly pronounced among firms operating in knowledge intensive service industries while firms in capital-intensive primary industries display the inverse relationships. Keywords: Strategic flexibility, Real options, Risk management...

  17. Foreign acquisitions, domestic multinationals, and R&D

    Bandick, Roger; Görg, Holger; Karpaty, Patrik


    The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and non-multinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...... multinationals leads to a reduction in R&D activity in the country. We use unique and rich firm level data for the Swedish manufacturing sector and micro-econometric estimation strategies in order to control for the potential endogeneity of the acquisition decision. Overall, our results give no support...... to the fears that foreign acquisition of domestic firms lead to a relocation of R&D activity in Swedish MNEs. Rather, this paper finds robust evidence that foreign acquisitions lead to increasing R&D intensity in acquired domestic MNEs and non-MNEs....

  18. Leadership styles of nurse managers in a multinational environment.

    Suliman, Wafika A


    This is a descriptive study conducted at a multinational working environment, where 1500 nurses representing 52 nationalities are employed. The study aimed at exploring the predominant leadership style of nurse managers through self-evaluation and staff nurses' evaluation and the impact of working in a multinational environment on their intention to stay or quit. The value lies in its focus on leadership styles in an environment where national diversity among managers, staff, and patients is very challenging. The study included 31 nurse managers and 118 staff nurses using Bass and Avolio's (1995) Multifactor Leadership Questionnaire. The results showed that nurse managers and staff nurses reported transformational leadership as predominant with significant difference in favor of nurse managers. Participants' nationality and intention to stay or quit affected their perception of transformational leadership as a predominant style. The implications highlight the need for senior nursing management to set effective retention strategies for transformational nurse managers who work at multinational environments.

  19. Orchestration of Globally Distributed Knowledge for Innovation in Multinational Companies

    Sajadirad, Solmaz; Lassen, Astrid Heidemann

    Conducting a multiple-case study in five companies from Danish industry, this paper explores how multinational companies orchestrate knowledge from their globally distributed subsidiaries for innovation. Comparisons of knowledge orchestration within headquarter and subsidiaries for improvement...... and innovation show that a combination of the dynamic use of inter-firm objects and a well-established knowledge orchestration process underlies knowledge orchestration for innovation in multinational companies, as it advances headquarters’ abilities to effectively acquire, evaluate, disseminate, and utilize...... globally distributed knowledge. This study contributes to the understanding of knowledge orchestration between headquarter and distributed subsidiaries in multinational companies and how it is related to innovation. Specifically, this paper has important implications regarding the use of inter-firm objects...

  20. Overview on the Multinational Collaborative Waste Storage and Disposal Solutions



    The main drivers for a Safe, Secure and Global Energy future become clear and unequivocal: Security of supply for energy sources, Low-carbon electricity generation and Extended nuclear power assuring economic nuclear energy production, safe nuclear facilities and materials, safe and secure radioactive waste management and public acceptance. Responsible use of nuclear power requires that – in addition to safety, security and environmental protection associated with NPPs operation – credible solutions to be developed for dealing with the radioactive waste produced and especially for a responsible long term radioactive waste management. The paper deals with the existing multinational initiative in nuclear fuel cycle and the technical documents sustaining the multinational/regional disposal approach. Meantime, the paper far-reaching goal is to highlight on: What is offering the multinational waste storage and disposal solutions in terms of improved nuclear security ‽

  1. From Enclave to Linkage Economies?

    Hansen, Michael W.

    as the enclave economy par excellence, moving in with fully integrated value chains, extracting resources and exporting them as commodities having virtually no linkages to the local economy. However, new opportunities for promoting linkages are offered by changing business strategies of local African enterprises...... as well as foreign multinational corporations (MNCs). MNCs in extractives are increasingly seeking local linkages as part of their efficiency, risk, and asset-seeking strategies, and linkage programmes are becoming integral elements in many MNCs’ corporate social responsibility (CSR) activities....... At the same time, local African enterprises are eager to, and increasingly capable of, linking up to the foreign investors in order to expand their activities and acquire technology, skills and market access. The changing strategies of MNCs and the improving capabilities of African enterprises offer new...

  2. The Globalization of the Business Sector in a Small Open Economy

    Thompson, Grahame; Kaspersen, Lars Bo


    The growth of multinational corporations (MNCs) is often taken as a quintessential indicator of ‘globalization’. But recent detailed empirical analysis has challenged the idea that most MNCs are global in terms of their business strategy and arena of operations. This article first clarifies...... the differences between globalization, internationalization and supranational-regionalization by examining the evidence on trade and investment patterns for Denmark. In particular, it presents a detailed analysis of the business strategies of the large corporate sector in Denmark. Denmark is an interesting case......, as it is a small open economy (SOE) that might be thought to be one uniquely vulnerable to the forces of globalization. Up until now examination of MNCs' internationalization strategies has concentrated upon large economies. We provide evidence for a SOE. In addition, we expand the range of dimensions used...

  3. Study on the control mechanism of China aerospace enterprises' binary multinational operation

    Wang Jian; Li Hanling; Wu Weiwei


    China's aerospace enterprises carry on the multinational operation and participate in the international competition and the international division of labor and cooperation positively.This article first analyzs China aerospace enterprises' binary multinational business control objective and constructes its model.Then the article analyzes the tangible and intangible control mechanism of China aerospace enterprises' binary multinational operation respectively.Finally,the article constructs the model of China aerospace enterprises' binary multinational operation mechanisms.

  4. On Transfer Pricing: Conceptual Thoughts on the Nature of the Multinational Firm

    Brem Markus; Tucha Thomas


    This paper deploys Transaction Cost Economics (TCE) to elaborate on the shortcomings of “mainstream” transfer pricing in multinational firms. Departing from the notion that multinationals increasingly (re-)organize their business along multinational value chains irrespective of jurisdictional borders, the paper discusses the nature of the multinational firm and the problem of choosing the right intra-group (transfer) price. The mainstream transfer pricing approach derived from the Arm´s Lengt...

  5. Corporate Social Responsibility” (CSR Antara Publisitas, Citra, dan Etika dalam Profesi Public Relations

    Ani Yuningsih


    Full Text Available The field of PR activities are commonly focused on efforts to build strong brand image, product positioning, advertising, promotion and publicity. In the world of high competition, this strategy is not enough. Many multinational corporate nowadays choose Corporate Social Responsibility (CSR as new strategy to build positive image and gaining good reputation. The existence of CSR program indicate corporate sense of social responsibility toward public interests. In practice, a tension between corporate need to build image and its consistencies toward moral integrity and social commitment was often found. Corporate often use its CSR program as a momentum of publicity instead of showing a real and genuine interest in community development. Therefore, an understanding to PR values and ethics was needed to plan and implement CSR program.


    DIMA Stela


    Full Text Available The purpose of this paper is to introduce business globalization and the main globalization factors which, under the current stage, are transnational corporations. Globalization is the result of the pressure put by companies which, in turn, are under the close “magnifier” of all the involved factors (the so-called “stakeholders”. The market and the determining forces are not influenced by a political attitude nowadays marking globalization, but rather the political decisions have followed the course of economic evolutions, a trend that has always been provided by multinational corporations. In order to successfully follow up their activity, companies initiate new businesses, selling or deleting from their portfolio businesses or divisions with a decreasing tendency. Also, companies give up old rules and structures adopting new decision-making processes, control systems and mental patterns. Corporations must learn to become dynamic just like the market, if they wish to maintain, on the long run, a superior rate of income.

  7. Seeking markets and resources

    Kragelund, Peter; Hampwaye, Godfrey


    Processes of globalisation are currently changing the global activity of multinational companies (MNCs). ‘Emerging’ MNCs are competing with ‘conventional’ MNCs when investing in new markets. This article sets out to analyse the motives and strategies of Chinese and Indian MNCs investing in Zambia...... emphasis must be placed on the home and host contexts and how institutional features impact investment decisions....

  8. Foreign acquisitions, domestic multinationals, and R&D

    Bandick, Roger; Görg, Holger; Karpaty, Patrik

    endogeneity of the acquisition dummy.  Overall, our results give no support to the fears that foreign acquisition of domestic firms lead to a brain drain of R&D activity in Swedish MNEs. Rather, this paper finds robust evidence that foreign acquisitions lead to increasing R&D intensity in acquired domestic......The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and non-multinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...

  9. The role of a multinational nuclear fuel fabrication supplier

    Beard, S.J.


    The author argues that international markets and multinational suppliers provide large benefits to utilities. It represents a long term commitment to the nuclear business that these companies will be able to supply nuclear technology on the long haul. The technology that is available around the world becomes available to everyone through the international markets and multinational suppliers. The increased experience base is seen as valuable in that errors that have been made or have not been made yet can be avoided through the transfer or experience. The security of supply is discussed as important to any utility that is operating a reactor

  10. Multinationals, strategic agents of capital. A guide for assessing their impact / Las multinacionales, agentes estratégicos del capital. Una guía para evaluar sus impactos

    Luis Miguel Uharte


    Full Text Available The main objective of this work has been to build an analysis guide that serve researchers to evaluate the multiple impacts that multinational corporations usually cause your business practice. First, it presents briefly a definition of these businesses and developments that have had throughout history. Then their most important attributes and their current global distribution are indicated. Finally, the central chapter of the text is concerned with identifying the major impacts that multinationals generate in various fields, highlighting among others the commodification of public services, loss of sovereignty, the practice of lobbying and corruption, social criminalization, deterioration environmental and labor rights violations. In summary, these large corporations favor its role as strategic agents of capital over other social purposes.

  11. Pre-Interaction Management in Multinational Companies in Central Europe

    Nekvapil, Jiri; Sherman, Tamah


    This article is devoted to the linguistic, communicative and sociocultural situation in branches of multinational companies located in the Czech Republic and Hungary. There are typically several languages used in these branches. In addition to the local languages, there are the languages of the parent companies--most commonly English or German,…

  12. Multinational banks and credit growth in transition economics

    Haas, Ralph Theodoor Anna de


    This thesis examines the impact of multinational banks (MNBs) on the financial development of European transition countries. On the basis of our results, we conclude that the gradual deepening of the banking systems in Central and Eastern Europe and the Baltic countries (CEB) has enabled firms to

  13. Business & IT Alignment in a Multinational Company; Issues and approaches

    Drs. A.J.G. Silvius

    This chapter explores the theory and practice of Business & IT Alignment in multinational companies. In the first part of the chapter an overview of the theory is presented. In this part the familiar frameworks for Business & IT Alignment are put in perspective in an ‘Alignment development model’.

  14. Variation in Approaches to European Works Councils in Multinational Companies

    Paul Marginson; Jonathan Lavelle; Javier Quintanilla; Duncan Adam; Roc'o S?nchez-Mangas


    Drawing on a unique international data set of multinational companies' employment practices, the authors use logistic regression analysis to address variation in the existence of and management practice toward transnational social dialogue through European Works Councils (EWCs). Adopting a contingency perspective, they find that the degree of internationalization of companies' operations and management organization, international HR structure, and the presence of workforce organization exerci...

  15. Multinational cash management and conglomerate discounts in the euro zone

    Eije, Henk von; Westerman, Wim


    We discuss the impact of liberalisation, deregulation and the introduction of a single currency on cash management within multinationals in the euro zone. The developments in the euro zone reduce financial market imperfections in transferring cash and diminish the need for separate local cash

  16. The Transmission of Real Estate Shocks Through Multinational Banks

    Bertay, A.C.


    Abstract: This paper investigates the credit supply of banks in response to domestic and foreign real estate price changes. Using a large international dataset of multinational banks, we find evidence of a significant transmission of domestic real estate shocks into lending abroad. A 1% decrease in

  17. Thin Capitalization Rules and Multinational Firm Capital Structure

    Blouin, J.; Huizinga, H.P.; Laeven, L.; Nicodeme, G.


    Abstract: This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using

  18. Leadership and diversity effectiveness in a large multinational organisation

    Brassey-Schouten, J.


    Effectiviteit van leiderschap en diversiteit krijgen veel aandacht binnen de multinationals van vandaag. De belangrijkste reden is een groeiend geloof en vertrouwen dat leiders en diversiteit een verschil kunnen maken voor de prestatie van een organisatie. In dit onderzoek zijn deze onderwerpen

  19. Small Nations in Multinational Operations and Armenian Perspectives


    assigned in different positions gain experience in working in multinational and multicultural environments. 25 Megan Hart, “Kansas National Guard...comes from various internet publications and printed materials provided by the online Combined Arms Research Library . Although there were not many


    Denise Barros de Azevedo


    Full Text Available This paper addresses the question of the strategies involved in the import process of cages for laying hens, directed at the multinational enterprise distribution center. Identifies the reasons why a multinational company invests in Brazil, specifically in the city of Araraquara, São Paulo, where it is implementing a distribution center (DC. Developing the study of the strategies involved in the process, according to the main issue of the work, it took place through the exploratory analysis of the current logistics process of the Company, identifying the strategies adopted and the advantages of the new process. In order to achieve the objectives, the study is based on the theoretical study of Porter's five competitive forces, SWOT analysis, generic strategies adopted to achieve return on investment and, based on issues such as import , logistics, warehousing and distribution center. The survey shows that deployment of the DC, the strategy involves the insertion in the national market, specifically in São Paulo that is the biggest market of laying hens in the country to gain competitive advantage, and the multinational also adopts the strategy generic differentiation, with regard to technology and product quality. Despite the high costs of construction and maintenance of the DC, they represent a barrier to market entry, have no financial risk for the multinational enterprise, since this deployment will also increase the demand for the product, allowing the return on invested capital.

  1. Centralized vs. De-centralized Multinationals and Taxes

    Nielsen, Søren Bo; Raimondos-Møller, Pascalis; Schjelderup, Guttorm


    The paper examines how country tax differences affect a multinational enterprise's choice to centralize or de-centralize its decision structure. Within a simple model that emphasizes the multiple conflicting roles of transfer prices in MNEs - here, as a strategic pre-commitment device and a tax...

  2. Decision-making regarding restructuring in multinational enterprises.

    Ghertman M


    ILO pub. Working paper, evaluation of three case studies of decision making regarding enterprise restructuring in multinational enterprises originating in Canada, the USA and Western Europe - examines the role of management attitude, business organization, capital resources and size of enterprise in determining subsidiary enterprise creation, enterprise takeover, plant shutdown, resource allocation, labour utilization, etc. Diagrams, organigrams, references, tables.

  3. Development of Barnwell as a multinational demonstration facility

    Colby, L.J. Jr.


    The author takes an existing private business venture (Barnwell) with its assets of facilities, personnel, technology and domestic business commitments (past, present, and future) and develops a role for it which will be compatible with the advancement of multinational reprocessing facilities under international control




    This paper assesses the accuracy and mainly the impact of multinational corporations on performing construction, as well as the basic services supply in fragile social economic conditions in Sudan. It reveals that within Sudan state weakness and poor conditions in peripheries, war zone areas in particular, reflect invasive challenges facing the country, and thus, applying corporations’ helps to meet and increase the supply of public needs and recovery in instable Sudan. Through a qualitative ...

  5. Financial strategies for minimizing corporate income taxes under Brazil's new global tax system

    Limberg, Stephen T.; Robison, John R.; Schadewald, Michael S.


    In 1996, Brazil adopted a worldwide income tax system for corporations. This system represents a fundamental change in how the Brazílian government treats multinational transactions and the tax minimizing strategies relevant to businesses. In this article, we describe the conceptual basis for worldwide tax systems and the problem of double taxation that they create. Responses to double taxation by both the governments and the priva te sector are considered. Namely, the imperfect mechanisms de...

  6. Ethical And Social Responsibility In Global Marketing: An Evaluation Of Corporate Commitment To Stakeholders

    Ephraim Okoro


    Over the past few years, globalization of markets and business organizations has increased the number of entrepreneurs and corporate executives involved in international and multinational joint ventures and strategic alliances. Others are interested in direct investments in foreign markets in an attempt to extend domestic operations, increase profit margins, and expand market shares. While these strategic business initiatives and efforts are increasingly attractive because of their potential ...

  7. A multi-national report on methods for institutional credentialing for spine radiosurgery

    Gerszten, Peter C; Shin, John H; Winey, Brian; Oh, Kevin; Sweeney, Reinhart A; Guckenberger, Matthias; Sahgal, Arjun; Sheehan, Jason P; Kersh, Ronald; Chen, Stephanie; Flickinger, John C; Quader, Mubina; Fahim, Daniel; Grills, Inga


    than one specialist trained to perform spine radiosurgery. All centers believed that credentialing should also be device specific, and all believed that professional societies should formulate guidelines for institutions on the requirements for spine radiosurgery credentialing. Finally, in 4 institutions radiation therapists were required to attend corporate-sponsored device specific training for credentialing, and in only 1 institution were radiation therapists required to also attend academic society training for credentialing. This study represents the first multi-national report of the current practice of institutional credentialing for spine radiosurgery. Key methodologies for safe implementation and credentialing of spine radiosurgery have been identified. There is strong agreement among experienced centers that credentialing is an important component of the safe and effective implementation of a spine radiosurgery program

  8. Multinational Design Evaluation Programme (MDEP) - Safety Goals

    Vaughan, G.J.


    One of the aims of the NEA's Multinational Design Evaluation Programme (MDEP) is to work towards greater harmonisation of regulatory requirements. To achieve this aim, it is necessary that there is a degree of convergence on the safety goals that are required to be met by designers and operators. The term 'safety goals' is defined to cover all health and safety requirements which must be met: these may be deterministic rules and/or probabilistic targets. They should cover the safety of workers, public and the environment in line with the IAEA's Basic Safety Objective; encompassing safety in normal operation through to severe accidents. MDEP is also interested in how its work can be extended to future reactors, which may use significantly different technology to the almost ubiquitous LWRs used today and in the next generation, building on the close co-operation within MDEP between the regulators who are currently engaged in constructing or carrying out design reviews on new designs. For two designs this work has involved several regulators sharing their safety assessments and in some cases issuing statements on issues that need to be addressed. Work is also progressing towards joint regulatory position statements on specific assessment areas. Harmonisation of safety goals will enhance the cooperation between regulators as further developments in design and technology occur. All regulators have safety goals, but these are expressed in many different ways and exercises in comparing them frequently are done at a very low level eg specific temperatures in the reactor vessel of a specific reactor type. The differences in the requirements from different regulators are difficult to resolve as the goals are derived using different principles and assumptions and are often for a specific technology. Therefore a different approach is being investigated, starting with the top-level safety goals and try to derive a structure and means of deriving lower tier

  9. Conflict and Power Games in a Multinational Corporation : Sensegiving as a Strategy of Preservation

    Drori, Israel; Ellis, Shemuel

    In this paper, we seek to extend existing understandings of how sensegiving is associated with conflict and power games. We look specifically at sensegiving by managers that promotes strategies and actions geared toward preserving their positions against change. Formulating a conceptual framework

  10. A Multicase Study: Exploring Human Resource Information System Implementation and Utilization in Multinational Corporations in Kenya

    Nzyoka Yongo, Cyd W.


    Implementation and utilization of human resource information system (HRIS) though a very desirable prospect for many organizations, still remains a daunting task for many. This has been daunting because of prohibitive costs, security risks, top management resistance, employee attitudes, and so forth. Trends globally show that, organizations that…

  11. Organisational learning barriers in distributed product development: observations from a multinational corporation

    Gieskes, J.F.B.; Hyland, Paul W.; Magnusson, Mats G.


    An increasing share of manufacturing, logistics and R&D activities takes place today in a number of geographically dispersed organisational units. The units involved can be different autonomous companies or a number of focused subsidiaries. Using the CIMA-methodology and its computerised

  12. Multinationality and corporate ethics: codes of conduct in the sporting-goods industry

    van Tulder, R.J.M.; Kolk, A.


    The international operations of firms have substantial impact on the formulation and implementation of business ethical principles such as codes of conduct. The international sporting goods industry has been a pioneer in setting up codes and thus provides much relevant experience. Different sourcing

  13. eHRM adoption in emerging economies: The case of subsidiaries of multinational corporations in Indonesia.

    Bondarouk, Tatiana; Schilling, Dustin; Ruel, Hubertus Johannes Maria


    Electronic HRM (eHRM) is assumed to strengthen the position of HRM as a business partner by promising strategic benefits. Empirical support for this assumption, however, mostly comes from studies conducted in developed economies. Yet eHRM adoption in the emerging economy context remains poorly

  14. What happens when organisations embrace social networking? Knowledge sharing at a multinational business solutions corporation

    C. Stafford


    Full Text Available Amid widespread resistance to online social networking tools, their effectiveness in promoting knowledge sharing in a knowledge-driven organisation was demonstrated in the study. Usage patterns, user attitudes and perceptions regarding online social networking technologies as a professional application for knowledge sharing within the workplace were investigated. Self-administered questionnaires were administered to a sample of IBM Global Business Services employees in South Africa. Upon completion of the questionnaire analysis an interview was conducted with the knowledge manager for verification and clarification purposes. The results revealed the respondents' positive attitudes regarding the use of social networking tools for knowledge sharing. The culture of knowledge sharing at IBM and the contribution that social networking tools makes within the company were uncovered. Findings disclosed that the online social networking tools were effective and that management at IBM encourages employees to make more and more use of the tools for knowledge sharing and knowledge creation. The results of this study demonstrate the effectiveness of online social networking tools and serve as encouragement to hesitant organisations to adopt social networking in their business practices.

  15. Business Strategy of Multinational Corporations Representative for Food Services - McDonald's

    Voicu Oana-Luminiþa; Antonescu Eugenia; Chirilã Camelia


    For the catering services, the economic efficiency includes the consumers’ satisfaction and the guarantee of the hygiene of products. The integration into the EU imposes obligations on all service providers that are related to human nutrition. In this context, McDonald’s promotes four basic principles of business philosophy: Quality, Service, Cleanliness and Value. These principles are valid in every restaurant in the world. The focus on the customer, the employee value, material management a...

  16. Corporate taxes and internal borrowing within multinational firms / Peter Egger, Christian Keuschnigg, Valeria Merlo, Georg Wamser


    Artiklis esitatakse sisemise kapitalituruga rahvusvaheliste ettevõtete teoreetilist mudeli, käsitledes selliseid aspekte nagu kohalik vs. välismaised karakteristikud (kasumi maksumäärad, puudused institutsionaalses kvaliteedis, finantssektori nõrkus jt.), aluseks Saksamaa rahvusvahelised ettevõtted eri riikides (sh. Eesti).

  17. The Business of Terror: Al-Qaeda as a Multi-National Corporation

    Vittori, Jodi


    .... Moreover, its leadership normally resorts to many aspects of foreign direct investment and joint ventures as part of the day to day organizational management. This is due to the economic and business backgrounds of UBL and many of his cohorts.

  18. A Comparative Analysis of the Use of Competitive Intelligence Tools in a Multinational Corporation

    Breese-Vitelli, Jennifer


    With the growth of the global economy, organizations large and small are increasingly recognizing that competitive intelligence (CI) is essential to compete in industry. Competitive intelligence is used to gain an advantage in commerce and is useful for analyzing a company's strategic industry position. To remain current and profitable,…

  19. Establishing enforcement legitimacy in the pursuit of rule-breaking ‘global elites’: the case of transnational corporate bribery

    Lord, Nicholas


    This article develops an analytical framework for analysing the legitimacy of law enforcement responses towards rule-breaking ‘global elites’, in particular multi-national corporations implicated in transnational corporate bribery. While international anti-bribery laws and norms converge cross-jurisdictionally, enforcement contexts and responses can diverge formally creating dilemmas over how to establish the relative legitimacy of different enforcement frameworks. This article draws on a...

  20. Corporate Bonds in Denmark

    Tell, Michael


    Corporate financing is the choice between capital generated by the corporation and capital from external investors. However, since the financial crisis shook the markets in 2007–2008, financing opportunities through the classical means of financing have decreased. As a result, corporations have...... to think in alternative ways such as issuing corporate bonds. A market for corporate bonds exists in countries such as Norway, Germany, France, the United Kingdom and the United States, while Denmark is still behind in this trend. Some large Danish corporations have instead used foreign corporate bonds...... markets. However, NASDAQ OMX has introduced the First North Bond Market in December 2012 and new regulatory framework came into place in 2014, which may contribute to a Danish based corporate bond market. The purpose of this article is to present the regulatory changes in Denmark in relation to corporate...

  1. The integration of corporate social responsibility (CSR) initiatives into business activities

    Knudsen, Jette Steen


    While proponents of corporate social responsibility (CSR) have suggested that CSR initiatives should be integrated into mainstream business activities as 'strategic CSR' or 'shared value', research is lacking that explores how CSR programmes are integrated in companies. This paper compares CSR...... initiatives with human resource management (HRM) activities, which have a longer tradition of being integrated into company strategy. The focus is on gender diversity and CSR in a US multinational corporation (MNC). The MNC sees gender diversity as an integral part of business activities. In contrast, the MNC...

  2. The Integration of Corporate Social Responsibility (CSR) Initiatives into Business Activities

    Knudsen, Jette Steen

    While proponents of Corporate Social Responsibility (CSR) have suggested that CSR initiatives should be integrated into mainstream business activities as ‘strategic CSR’ or ‘shared value’, research is lacking that explores how CSR initiatives are integrated in companies. This article compares CSR...... initiatives to human resource management (HRM) initiatives, which have a longer tradition of being integrated into company strategy. The focus is on gender diversity and CSR initiatives in a US multinational corporation (MNC). The MNC sees gender diversity as an integral part of business activities...

  3. Doğrudan Yabancı Sermaye Yatırımlarında Çok Uluslu Şirketlerin Çin Pazarına Yönelme Eğilimleri Türkiye Yönünden Bir Değerlendirme(The Tendency of Multinational Corporations Towards China In The Context of Foreign Direct Investment An Evaluation On The Basıs of Turkey

    Keti VENTURA


    Full Text Available Today, foreign investments, which are not considered to be so much important before the globalization process, became focus of interest for both the developed and developing countries as their contribution to the development process is realized.The developed countries transfer technology and capital to the areas where raw materials are cheap and the legal proceedings, system of taxation and taxing provisions are more appropriate to increase their competitive advantage.The main problem of developing countries is the lack of capital and technology. The lack of internal savings, low purchasing power, the block of foreign exchange bottleneck of the development of domestic industry and the competitive advantage, more elastic legislation than the standarts of developed countries, cheap labor and the other conditions provide a convenient environment for the foreign capitals in developing countries.Also, the developing countries, especially China, is very successful to attract Foreign Direct Investment (FDI. Within this context, the goal of this study is to make some evaluations of Multinational Corporations’ intentions of FDI in China and of Turkish firms’ investments in China and also some advices are given for the future.

  4. Assessing human rights impacts in corporate development projects

    Salcito, Kendyl; Utzinger, Jürg; Weiss, Mitchell G.; Münch, Anna K.; Singer, Burton H.; Krieger, Gary R.; Wielga, Mark


    Human rights impact assessment (HRIA) is a process for systematically identifying, predicting and responding to the potential impact on human rights of a business operation, capital project, government policy or trade agreement. Traditionally, it has been conducted as a desktop exercise to predict the effects of trade agreements and government policies on individuals and communities. In line with a growing call for multinational corporations to ensure they do not violate human rights in their activities, HRIA is increasingly incorporated into the standard suite of corporate development project impact assessments. In this context, the policy world's non-structured, desk-based approaches to HRIA are insufficient. Although a number of corporations have commissioned and conducted HRIA, no broadly accepted and validated assessment tool is currently available. The lack of standardisation has complicated efforts to evaluate the effectiveness of HRIA as a risk mitigation tool, and has caused confusion in the corporate world regarding company duties. Hence, clarification is needed. The objectives of this paper are (i) to describe an HRIA methodology, (ii) to provide a rationale for its components and design, and (iii) to illustrate implementation of HRIA using the methodology in two selected corporate development projects—a uranium mine in Malawi and a tree farm in Tanzania. We found that as a prognostic tool, HRIA could examine potential positive and negative human rights impacts and provide effective recommendations for mitigation. However, longer-term monitoring revealed that recommendations were unevenly implemented, dependent on market conditions and personnel movements. This instability in the approach to human rights suggests a need for on-going monitoring and surveillance. -- Highlights: • We developed a novel methodology for corporate human rights impact assessment. • We piloted the methodology on two corporate projects—a mine and a plantation. • Human

  5. Assessing human rights impacts in corporate development projects

    Salcito, Kendyl, E-mail: [Department of Epidemiology and Public Health, Swiss Tropical and Public Health Institute, P.O. Box, CH-4002 Basel (Switzerland); University of Basel, P.O. Box, CH-4003 Basel (Switzerland); NomoGaia, 1900 Wazee Street, Suite 303, Denver, CO 80202 (United States); NewFields, LLC, Denver, CO 80202 (United States); Utzinger, Jürg, E-mail: [Department of Epidemiology and Public Health, Swiss Tropical and Public Health Institute, P.O. Box, CH-4002 Basel (Switzerland); University of Basel, P.O. Box, CH-4003 Basel (Switzerland); Weiss, Mitchell G., E-mail: [Department of Epidemiology and Public Health, Swiss Tropical and Public Health Institute, P.O. Box, CH-4002 Basel (Switzerland); University of Basel, P.O. Box, CH-4003 Basel (Switzerland); Münch, Anna K., E-mail: [Emerging Pathogens Institute, University of Florida, Gainesville, FL 32610 (United States); Singer, Burton H., E-mail: [Emerging Pathogens Institute, University of Florida, Gainesville, FL 32610 (United States); Krieger, Gary R., E-mail: [NewFields, LLC, Denver, CO 80202 (United States); Wielga, Mark, E-mail: [NomoGaia, 1900 Wazee Street, Suite 303, Denver, CO 80202 (United States); NewFields, LLC, Denver, CO 80202 (United States)


    Human rights impact assessment (HRIA) is a process for systematically identifying, predicting and responding to the potential impact on human rights of a business operation, capital project, government policy or trade agreement. Traditionally, it has been conducted as a desktop exercise to predict the effects of trade agreements and government policies on individuals and communities. In line with a growing call for multinational corporations to ensure they do not violate human rights in their activities, HRIA is increasingly incorporated into the standard suite of corporate development project impact assessments. In this context, the policy world's non-structured, desk-based approaches to HRIA are insufficient. Although a number of corporations have commissioned and conducted HRIA, no broadly accepted and validated assessment tool is currently available. The lack of standardisation has complicated efforts to evaluate the effectiveness of HRIA as a risk mitigation tool, and has caused confusion in the corporate world regarding company duties. Hence, clarification is needed. The objectives of this paper are (i) to describe an HRIA methodology, (ii) to provide a rationale for its components and design, and (iii) to illustrate implementation of HRIA using the methodology in two selected corporate development projects—a uranium mine in Malawi and a tree farm in Tanzania. We found that as a prognostic tool, HRIA could examine potential positive and negative human rights impacts and provide effective recommendations for mitigation. However, longer-term monitoring revealed that recommendations were unevenly implemented, dependent on market conditions and personnel movements. This instability in the approach to human rights suggests a need for on-going monitoring and surveillance. -- Highlights: • We developed a novel methodology for corporate human rights impact assessment. • We piloted the methodology on two corporate projects—a mine and a plantation.


    Marco Aurélio da Silva


    Full Text Available Global outsourcing, also known as offshoring, has become a major phenomenon in the IT industry.Responsibilities have been transferred to IT suppliers worldwide. A key element of this strategic changeoccurred in the IT sector is the growing importance of emerging economies, such as Brazil and India, asoffshoring suppliers. A stream of the literature on international business has analysed which factors mayaffect the evolution of a subsidiary within a multinational. This paper aims to analyse how exportingoutsourcing IT services can redefine the role of a subsidiary within a corporation and, consequently changeits strategic relevance. Empirical research compared the offshoring activities of two subsidiaries –Brazilianand Indian – of an American IT multinational. In particular, the empirical research focussed on howsubsidiary choice, head office assignment and environment determinism factors interact to each other inorder to determine the evolution of each subsidiary. The results have demonstrated that the Indiansubsidiary trajectory was essentially determined by the development of its resources, innovation,governmental support and entrepreneurship. The Brazilian subsidiary trajectory in turn was mostlyinfluenced by head office assignment and subsidiary performance. A comparative analysis between the two cases has demonstrated how these aspects have altogether determined why these subsidiaries have evolveddifferently from each other. Most importantly, this paper argues that management capacity and subsidiaryleadership are critical elements to understand the evolution of a multinational subsidiary trajectory.

  7. What Makes Capitalisms andCorporate Strategies Differ?

    Colclough, Christina Jayne

    This research paper presents and critically discusses on a theoretical level two approaches within comparative political economy that aim at explaining the contemporary diversity of capitalists systems and corporate strategies - the regulation approach, and the varieties of capitalism approach...... combine micro-economic and extra-economic practices (in particular labour-management relations) at the level of the firm to macro-economic and political institutional forms at the level of the national political economy. It does so by pointing at the strengths and weaknesses of the two approaches...... and by suggesting ways in which to bring them together. Specific attention is given to how the relation between management and employees is strategically defined and implemented in practice. The overall objective is to create a combined approach that can grasp under what conditions multinational corporations...

  8. Fortune 500 Corporate Headquarters

    Department of Homeland Security — Large Corporate Headquarters in the United States This database is composed of 'an annual list of the 500 largest industrial corporations in the U.S., published by...

  9. A study on beverage MNCs’ entry mode decisions and determinant factors in internationalization in China: Case studies of Coca-Cola and Red bull

    Tonsuwan, Pantitra


    The economic reform and liberalized government regulations toward business operations in 1980s make China a new target of international investments by multinational corporations (MNCs). How to enter this growth market and what entry mode should be implemented remain inconclusive. This paper analyses how two beverage companies- Coca-Cola and Red Bull that are operating in China, evaluate the influences and implications of the factors on their entry mode decisions since they initially came to C...

  10. Quality Of Work Life: Implications Of Career Dimensions

    Raduan C. Rose; LooSee Beh; Jegak Uli; Khairuddin Idris


    Literature on QWL is limited and several studies commonly correlates with job satisfaction but no study on QWL has associated with career related factors. This empirical study was done to predict QWL in relation to career-related dimensions. The sample consists of 475 managers from the free trade zones in Malaysia for both the multinational corporations (MNCs) and the small-medium industries (SMIs). The result indicates that three exogenous variables are significant: career satisfaction, care...

  11. How “Space” and “Place” Influence Subsidiary Host Country Political Embeddedness

    Klopf, Patricia; Nell, Phillip Christopher


    As a part of multinational corporations (MNCs), subsidiaries operate in distinct host countries and have to deal with their external context. Host country political embeddedness, in particular, helps subsidiaries to obtain knowledge and understanding of the regulatory and political context, and t......: the impact of distance is stronger for subsidiaries that operate in host countries with low governance quality and low political stability in place....

  12. Information and Corporate Cultures.

    Drake, Miriam A.


    This paper defines "corporate culture" (set of values and beliefs shared by people working in an organization which represents employees' collective judgments about future) and discusses importance of corporate culture, nature of corporate cultures in business and academia, and role of information in shaping present and future corporate…

  13. Functional Upgrading and Value Capture of Multinational Subsidiaries

    Burger, Anže; Jindra, Björn; Marek, Philipp


    survey-based business function indicators with longitudinal accounting data for a representative sample of multinational subsidiaries located in six Central and Eastern European countries (CEECs), we assess the impact of functional upgrading on foreign subsidiaries' value capture. The results provide......This paper investigates the relationship between the value capture of multinational subsidiaries and functional upgrading, which is defined as a diversification of employment from primary business functions to higher value adding activities such as ICT, R&D, marketing or logistics. By combining...... robust evidence that the breadth as well as the scope of functional upgrading induces an upward shift of subsidiaries' value added. The effect of functional upgrading is stronger in the earlier phases after entry of the foreign investor, while the long-term growth trend remains unaffected....

  14. Multinational Enterprises and Social Capital as Location Factor

    Pedersen, Kurt; Svendsen, Gunnar L.H.; Svendsen, Gert Tinggaard


    across borders. We review the literature and identify a gap regarding social capital as a potential instrument for reducing the level of volatility. An existing stock of social capital may be advantageous not only to the host country but also to the MNE in the sense that optimal in-company resource......It is generally assumed that multinational enterprises (MNEs) are more volatile than local firms. From the viewpoint of host countries, the volatility of MNE subsidiaries is often seen as a problem. Therefore it becomes relevant to look for ways to reduce the volatility of multinational activity...... allocation and profits could be improved even further. Thus, the dominating theory of FDI (Foreign Direct Investment), the eclectic paradigm as developed by John Dunning, offers a relevant opportunity to fill a gap in the literature and include social capital in FDI decisions as a new location factor....

  15. Multinational repositories: Ethical, legal and political/public aspects

    Boutellier, C.; McCombie, C.; Mele, I.


    Concepts for shared multinational repositories face a great challenge in achieving acceptance, despite the fact that they promise advantages in safety, security, environmental protection and costs. When considering advantages of shared multinational repositories, it is instructive to examine which are the ethical, legal and political issues that mostly affect the feasibility of implementing such facilities. This paper addresses the key questions from two opposite sides. The early part takes a 'top-down' view, looking at the international debate on ethical issues, summarising a wide range of national political attitudes and identifying relevant international legislation and treaties. The latter looks 'bottom-up' at the problem, by discussing the situation of a small country, Slovenia. Slovenia has limited financial resources for implementing disposal - but it has a firm commitment to fulfilling its responsibilities for safely managing all Radioactive Wastes (RAW) arising in the country. Strategies considered to do so are laid out in this paper. (author)

  16. Multinational fuel-cycle proposal for Latin America

    Koehler, JR, W C


    The growth of energy demand projected for Latin America could be met by nuclear generated electricity if a multinational arrangement can be set up to meet the proliferation containment requirements and develop economies of scale that are satisfactory to all parties. A regionalized fuel-cycle center is outlined as a possible prototype for Latin America. A satisfactory operation there would indicate export feasibiltiy of the concept to other developing areas. The international strategies already in place have a heavy emphasis on weapons proliferation and have not been adequate. A multinational fuel-cycle concept with co-location technologies has the advantages of cost sharing, acceptable safeguards, and institutional barriers to proliferation. Security and cooperation between participants could be problems. 17 references. (DCK)

  17. Komi oil spill - An assessment by a multinational team

    Devenis, P.


    The mission objectives, findings of an on-site visit, and recommendations of a multinational United Nations team who assessed the Komi oil spill in Russia were discussed, combined with a discussion of the findings and field work of Russian investigators, whose work preceded that of the UN team. Concern was expressed over spring flooding as a unique problem that might well complicate the cleanup. Areas of serious concern were identified by the group and recommendations for remediation were made, and described in detail. It was found that the multinational team approach was a successful answer in this particular situation in that the diverse backgrounds and experiences of the team members resulted in better solutions and recommendations for remediation than would have been possible otherwise. Access to information provided by EMERCOM (the Russian Ministry for Emergency Response to Natural Disasters) and the Russian consulting firm, helped the UN team in overcoming time constraints and other obstructions affecting their work. 5 refs., 2 figs.

  18. Drivers of the international expansion of emerging-market multinationals

    D. Boșcor


    Full Text Available The purpose of the present paper is to analyze the drivers of the international expansion of emerging market multinationals and the strategies applied by these companies in other emerging and developed markets. The paper applies a conceptual approach combined with analyses of statistics and secondary material and presents the company and the country specific advantages. The proposals for the Romanian companies and institutions are based on the comparison between the drivers of expansion in the BRIC countries.

  19. Key Success Factors of Innovation in Multinational Agrifood Prospector Companies

    Fortuin, Frances T.J.M.; Batterink, Maarten H.; Omta, S.W.F. (Onno)


    The Wageningen Innovation Assessment Tool (WIAT) assesses a company’s drivers and barriers to innovation and benchmarks the critical success and failure factors of its innovation projects with data of agrifood prospector companies around the world. The present paper discusses its application in 12 multinational agrifood prospector companies in the Netherlands and France. It is concluded that WIAT by uncovering the tacit knowledge of the innovation project team creates opportunities for subs...

  20. The internationalisation of Indian multinationals: determinants of expansion through acquisitions

    Rienda, Laura; Claver-Cortés, Enrique; Quer, Diego


    In recent years, there is an increasing number of papers focusing on the internationalisation process of Indian multinationals. However, there is still a gap in understanding the determinants of their outward foreign direct investment (FDI) decisions. Thus, this paper analyses the factors influencing the choice between FDI modes by Indian firms. Our findings show that industry technological intensity, host country risk, host market attractiveness, previous international experience and the vol...