Between national governance and the internationalisation of business. The case of four major West German producers of chemicals, pharmaceuticals and fibres, 1945–2000

Christian Marx

Business History, 2019, vol. 61, issue 5, 833-862

Abstract: Although German companies lost their foreign assets after World War II, they returned quickly to the world market after 1945. While internationalisation during the post-war boom was mainly based on exports, foreign direct investment (FDI) increased enormously since the late 1960s. Simultaneously, the companies remained part of the German corporate network as a typical characteristic of Rhenish capitalism. Unlike many Varieties-of-Capitalism (VoC) studies dealing with the macro-level picture of whole economies, the article reconsiders the idea that firms should be at the centre of analysis and examines the responses of four major West German producers of chemicals, pharmaceuticals and fibres to the tension between national corporate governance and increasing internationalisation.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/00076791.2017.1284201 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:bushst:v:61:y:2019:i:5:p:833-862

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/FBSH20

DOI: 10.1080/00076791.2017.1284201

Access Statistics for this article

Business History is currently edited by Professor John Wilson and Professor Steven Toms

More articles in Business History from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().