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The Multinational Firm
Organizing Across Institutional and National Divides
Edited by Glenn Morgan, Peer Hull Kristensen, and Richard Whitley
334 pages
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5 figures and numerous tables
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234x156mm
978-0-19-925929-8
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Paperback
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13 March 2003
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This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.
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- Challenges the view of the multinational as a unified, economically-rational entity with characteristics distinct from those of national firms
- Presents a series of theoretical and empirical studies of multinationals from a range of societies
- Strong international perspective
In contrast to the traditional view of multinational firms as cohesive rational actors maximizing the use of resources across national boundaries, the contributors to this volume argue that they are complex social arenas where competing groups draw on resources from their own socially-embedded locations in developing new transnational social relationships. As firms seek to manage across national and institutional boundaries, they stretch their existing capacities and routines and develop new sets of transnational social relationships through different groups competing and cooperating. 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, e.g. between the arms-length orientation of Anglo-Saxon institutional investors and the more committed orientation of investors in certain European and Asian contexts. The tension between opening the firm up for foreign investors in order to have access to more and cheaper capital and the consequent effects on management strategy is explored in a number of chapters.
Secondly, at the level of coordinating activities across different sites, multinationals may encourage competition between plants in different countries as well as seeking to transfer best practices. The result may be pressure on managers and employees
in certain plants to give up traditional practices and employment rights.
Thirdly, multinational firms operate in environments where other forms of coordinating international business activity may also occur, e.g. cartels or the creation of international regulatory activity. They therefore compete for the regulatory space in complex political environments that will enable them to prosper.
Readership: Academics and postgraduate students/MBAs in the areas of international business, comparative economic organization, national business systems, organization theory, strategic management, economic geography, international HRM, and multinational firms.
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Edited by Glenn Morgan, Senior Lecturer in Organizational Behaviour, Warwick Business School, University of Warwick, Peer Hull Kristensen, Professor, Department of Organization and Industrial Sociology, Copenhagen Business School, and Richard Whitley, Professor of Organizational Sociology, Manchester Business School Contributors: Jabril Bensedrine (University of Marne-la-Vallée, France) Marie-Laure Djelic (ESSEC, Paris) Henrik Glimstedt (Stockholm School of Economics) Mika Huolman (Helsinki School of Economics) Peer Hull Kristensen (Copenhagen Business
School) Christel Lane (University of Cambridge) Kari Lilja (Helsinki School of Economics) Eli Moen (University of Oslo) Glenn Morgan (Warwick Business School) Dieter Plehwe (Wissenschaftszentrum, Berlin) Matti Pulkkinen (Helsinki School of Economics) Diana Rosemary Sharpe (Warwick Business School) Risto Tainio (Helsinki School of Economics) Richard Whitley (Manchester Business School) Jonathan Zeitlin (University of Wisconsin-Madison, USA)
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1.: Glenn Morgan: The Multinational Firm: Organizing across institutional and national divides
Part I: Convergence and Divergences in the Visible Hand of International Management2.: Richard Whitley: How and Why are International Firms Different? The consequences of cross-border managerial coordination for firm characteristics and behaviour
3.: Christel Lane: The Emergence of German Transnational Companies: A theoretical analysis and empirical study of the globalization process
4.: Eli Moen and Kari Lilja: Constructing Global Corporations: Contrasting national legacies in the Nordic Forest
Part II: Constructing and Deconstructing the Visible Hand5.: Henrik Glimstedt: Between National and International Governance: Sector coordination and geopolitics in electrical engineering
6.: Risto Tainio, Mika Huolman, and Matti Pulkkinen: The Impact of the Internationalizing of Capital Markets on Local Companies: How international institutional investors are restructuring Finnish companies
7.: Peer Hull Kristensen and Jonathan Zeitlin: The Making of a Global Firm: Local pathways to multinational enterprise
8.: Diana Rosemary Sharpe: Globalization and Change: Organizational continuity and change within a Japanese multinational in the UK
Part III: Changing National and International Economic Orders: Constructing and reconstructing systems of economic organization and regulation9.: Glenn Morgan: The Development of Transnational Standards and Regulations and their Impacts on Firms
10.: Marie-Laure Djelic and Jabril Bensedrine: Globalization and its Limits: The making of international regulation
11.: Dieter Plehwe: National Trajectories, International Competition, and Transnational Governance in Europe
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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