The Future of Multinational Corporations

Author: (English) Buckley (English) Carson Feng Yaha Chi Juan
Publisher:
Publish Date: 2005-08-01
Features: In-depth analysis of internal mechanisms and operational models of multinational corporations! This book presents new research findings on theories of multinational corporations, offering a profound analysis of internal structures, relationships between multinational corporations, and their operational models. It organically integrates traditional theories of multinational corporations with international trade theory, rational expectations, and other theories. It is a classic work of research on multinational corporations. The book is divided into five chapters: Chapter 1 elaborates on the background of the research, summarizing and explaining the major activities of multinational corporations in the recent world economy. The discussion focuses on highlighting several key characteristics of multinational corporations that need to be explained. Chapter 2 explains these characteristics using the concept of internalization. Chapter 3 reviews other theories related to multinational corporations, outlining how they can be integrated into the theoretical framework of Chapter 2. Chapter 4 uses a sample of over 400 of the world's largest manufacturing companies to test the main predictions of the internalization theory by measuring their behaviors. The results demonstrate that the theory can effectively explain the multinational operations, development, profitability, and research-intensive phenomena of large corporations. Chapter 5 explores how this theory can be applied to predict future operational models of multinational corporations.