The Myth of the Global Corporation / / Paul Doremus, William W. Keller, Louis W. Pauly, Simon Reich.

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 comm...

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Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2022]
©1999
Year of Publication:2022
Language:English
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Physical Description:1 online resource (208 p.) :; 21 tables 23 line illus.
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Other title: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
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.
Format:Mode of access: Internet via World Wide Web.
ISBN:9780691223872
9783110442496
9783110784237
DOI:10.1515/9780691223872?locatt=mode:legacy
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Paul Doremus, William W. Keller, Louis W. Pauly, Simon Reich.