Search results for " multinationals"
showing 7 items of 7 documents
ARGUMENTS FOR CSR-BASED SUSTAINABLE COMPETITIVENESS OF MULTINATIONALS IN EMERGING MARKETS (PART II)
2015
The (two parts of the) paper aims to bring into discussion the case of CSR-based sustainable competitiveness of multinationals in emerging market economies, through an interdisciplinary approach (international business and strategic management) applied to a multilevel analysis (country and company). The main conclusion of the paper is that, despite the circumstances that nowadays characterize international business in general and the emerging market economies in particular, such a transformation in business models is not only desirable, but mandatory. Key arguments in favor of this assumption are found (both theoretically and empirically) at global/general level and, as well, at the emergin…
Intangibles Disclosure Information on Internet by Multinational Corporations
2003
Rapid developments in information and communications technology, especially with regard to Internet, have caused a substantial impact on the delivery and dissemination of business information. Internet reporting is expected to bring significant benefits to reporting companies, including facilitating access to potential investors an other stakeholders, disseminating information more quickly, more widely and at less cost, providing a platform to integrate different technologies and reducing the cost of providing hard copy annual reports. In this paper, we have examined the extent and the way companies use Internet to provide information about their intangibles. We have established for the Sta…
State-Owned Enterprises
2019
State-owned enterprises (SOEs) are often considered to be relics of twentieth century history. The transformation in the basic concept of SOE is closely linked to two major recent developments in Western capitalism. This chapter examines the process of change in the concept of SOEs and their impact in the making of global business. The traditional SOE was established and developed in a variety of circumstances. Ownership is closely related to control, and, for traditional SOEs in particular, the means a close interconnection with the national government. SOEs have assumed various organizational forms: government agencies, intermediaries between the agency and the business enterprise, and st…
MULTINATIONAL ENTERPRISES – DYNAMICS AND TRENDS
2012
Multinational enterprises (MNEs) represent both cause and result of the new economic geography of globalization. Thus, the dynamics and trends of the world’s most influential MNEs contribute decisively to the new global architecture and to the economic development, being influenced, at their turn, by these processes of continuous reconfiguration and evolution that take place on the global arena. The paper proposes a comparative (in space) and historical (in time) analysis of the most well known global rankings of the multinational enterprises – Fortune Global 500 on one hand, and The world's top 100 non-financial TNCs, ranked by foreign assets and Top 100 non-financial TNCs from developing …
THE COMPLEX, YET SMALL WORLD OF GLOBAL MULTINATIONALS – INSIGHTS ON SOME APPARENT PARADOXES
2013
Globalization, as it is today, shapes a complex, networked world – that embeds all the features (both vantages and liabilities) of a complex adaptive system. Being one of the biggest networks that define this world, the system of international business – characterized by diversity, (nondeterministic) interconnectivity and uncertainty – is also characterized by the small-world syndrome. Global multinationals are the best supporting agents in order to dismantle the apparent paradox of the complex, yet small world (and others like it).
ARGUMENTS FOR CSR-BASED SUSTAINABLE COMPETITIVENESS OF MULTINATIONALS IN EMERGING MARKETS (PART I)
2014
The (two parts of the) paper aims to bring into discussion the case of CSR-based sustainable competitiveness of multinationals in emerging market economies, through an interdisciplinary approach (international business and strategic management) applied to a multilevel analysis (country and company). The main conclusion of the paper is that, despite the circumstances that nowadays characterize international business in general and the emerging market economies in particular, such a transformation in business models is not only desirable, but mandatory. Key arguments in favor of this assumption are found (both theoretically and empirically) at global/general level and, as well, at the emergin…
Greenfield or M&A? An institutional and learning perspective on the establishment mode choice of Chinese outward investments
2020
Abstract We develop and test a model of Chinese greenfield investments using institutional and learning theories. Both the host country institutional context and the firm's international characteristics affect the establishment mode. Using 152 Chinese emerging market multinationals (EMNEs) with 401 subsidiaries distributed in 26 countries from 2003 to 2013, we build a database of 284 pairs of host country/Chinese firms to test two hypotheses. We find that, first, governance environment affects the establishment mode: greenfield investments are preferred over acquisitions in relation-based host markets, and M&As are preferred in rule-based countries. Second, the depth of Chinese EMNEs' inter…