 Multinational Corporations (MNCs) and Enterprises (MNEs)Ulrike Mayrhofer () and
Christiane Prange
Post-Print from HAL Abstract: This article focuses on key characteristics of multinational companies (MNCs) in a global business environment. After the definition of the multinational company, the authors present an overview of the geographic origin of MNCs and trends concerning foreign direct investments (FDI). They analyze location strategies followed by MNCs and explain the growing importance of MNCs from emerging economies. Several theoretical perspectives contribute to a better understanding of MNCs: industrial organization theory, transaction cost theory, organizational capability theory, contingency theory, business network theory and institutionalization theory. A typology of different conceptualizations (heterarchical, transnational and meta-national companies) emphasizes their heterogeneous and changing character. Recent trends highlight the increasing fragmentation of the value-chain and the development of 'global factories'. Keywords: emerging multinationals; Multinational corporations; multinational enterprises; multinational companies; location strategies; emerging multinationals. (search for similar items in EconPapers) Published in Wiley Encyclopedia of Management, Vol. 6 : International Management, John Wiley & Sons, 11 p., 2014, ⟨10.1002/9781118785317.weom060148⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00974078 DOI: 10.1002/9781118785317.weom060148 Access Statistics for this paper More papers in Post-Print from HAL |
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