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Local Players in Global Games
The Strategic Constitution of a Multinational Corporation
Peer Hull Kristensen and Jonathan Zeitlin
384 pages
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234x156mm
978-0-19-927562-5
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Paperback
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30 September 2004
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- Novel theoretical approach to the multinational corporation
- Incorporates and up-to-date overview of comparative literature
- Proposes new procedural solutions to the challenges of managing a multinational
What happens when previously autonomous firms from different countries, each with their own identities, routines, and capabilities, come together inside a single multinational corporation? Can a cooperative strategy be established that advances the development of the multinational as a whole, or do mutual misunderstandings and the unintended consequences of strategic interaction among the players lead instead to endemic conflict and disintegration?
This book tackles these novel and important questions through an empirical study of the strategic constitution of an 'actually existing' multinational. It does so by
tracing the historical construction of the multinational corporation from the confluence of multiple formerly independent firms and analyzing the interacting web of strategies pursued by different actors within it. The analysis reveals how workers, unionists, subsidiary managers, and corporate executives pursue separate strategic games rooted in their local contexts, whose global outcome contrasts sharply with idealized views of the multinational as an integrated and coordinated organization.
By comparing these findings to those of the broader literature, the book proceeds to a theoretical examination of the challenges of managing the multinational, and the difficulties of resolving them through conventional organizational means. The authors propose new procedural
solutions aimed at fostering mutual recognition and knowledge exchange within the multinational corporation, and explore how a multinational public may be created to press for the necessary reforms in corporate governance. As the success of such reforms is far from preordained, the book concludes with a series of alternative scenarios that illustrate the many obstacles to a smooth continuation of the globalization process.
This is an important and original study of significance for researchers, academics, and advanced students of international business, business strategy, economics, organizational studies, economic sociology, economic geography, and international political economy.Readership:
Researchers, academics, and advanced students of International Business, Business Strategy, Comparative Management, and Organizational Studies.
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Peer Hull Kristensen, Professor of the Sociology of Business Firms and Work Organization, Copenhagen Business School, and Jonathan Zeitlin, Professor of Sociology, Public Affairs, and History, and Director of the Center on World Affairs and the Global Economy
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1: Introduction: Multinational Corporations as Lead Agents of Globalization?
Part I: Local Pathways to Mutlinational Enterprise
2: Associating Local Strategies of Global Reach: Horsens, Lake Mills, Eastbourne, and APV
Part II: A Global Game Enacted by Local Players
3: Horsens: Local Strategies on a Global Stage
4: Lake Mills: Self-Limiting Strategies of a Solidaristic Plant Community
6: Lygon Place: A Corporate Headquarters at War With Itself
7: Strategic Positions and Positional Strategies
Part III: Managerial Challenges and Human Promises of Globalization
8: Managing the Multinational: Administrative and Human Challenges
9: The Functions of the Executive Revisited: contributions, Inducements, and Constitutional Ordering
10: Pragmatic Solutions: From Procedural Justice to Learning by Monitoring
11: Creating a Multinational Public for the Corporation
12: Conclusion: Sideshadowing the Future of Globalization
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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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