The myth of the global corporation / Paul Doremus [and three others].

Format:

Book

Author/Creator:

Doremus, Paul, Author.

Doremus, Paul, author.

Series:

Princeton paperbacks

Language:

English

Subjects (All):

Competition, International--Econometric models.

Competition, International.

International business enterprises--Management.

International business enterprises.

Physical Description:

1 online resource (212 pages)

Edition:

2nd print.

Place of Publication:

Princeton, New Jersey ; Oxford, UK : Princeton University Press, [1998]

Summary:

Critics and defenders of multinational corporations often agree on at least one thing: that the activities of multinationals are creating an overwhelmingly powerful global market that is quickly rendering national borders obsolete. The authors of this book, however, argue that such expectations commonly rest on a myth. They examine key activities of multinational corporations in the United States, Japan, and Europe and explore the relationship between corporate behavior and national institutions and cultures. They demonstrate that the world's leading multinationals continue to be shaped decisively by the policies and values of their home countries and that their core operations are not converging to create a seamless global market. With a wealth of fresh evidence, the authors show that Japanese and German multinationals, in particular, remain only weakly committed to laissez-faire policy orientations and continue to exhibit strong allegiance to national goals in such areas as investment and employment. They also bring to light the consequences of enduring differences in government policies on, for example, industrial cartels, capital markets, and research and development. The authors agree that the world economy is becoming more complex and integrated as overt barriers to trade and investment fall away. But they conclude that the extent of this integration is decisively limited by structural divergence at the level of the firm. The book will be essential reading for those seeking to understand the growing interdependence of still-distinctive industrial societies and the wellsprings of the true global economy.

Contents:

Frontmatter

CONTENTS

TABLES AND FIGURES

PREFACE

Chapter 1 NATIONAL FIRMS IN GLOBAL COMMERCE

Chapter 2 STATES AND FIRMS: CONVENTIONAL IMAGES, COMPLEX REALITIES

Chapter 3 NATIONAL FOUNDATIONS OF MULTINATIONAL CORPORATE ACTIVITY (I)

Chapter 4 NATIONAL FOUNDATIONS OF MULTINATIONAL CORPORATE ACTIVITY (II)

Chapter 5 THE STRATEGIC BEHAVIOR OF MNCs

Chapter 6 CORPORATE DIVERSITY AND PUBLIC POLICY

SELECTED BIBLIOGRAPHY

INDEX

Notes:

Description based on print version record.

ISBN:

9780691036366

0691036365

OCLC:

1273305789