Are multinational enterprises from the emerging economies global or regional?
Deepak Sethi
European Management Journal, 2009, vol. 27, issue 5, 356-365
Abstract:
Summary While there is ample statistical evidence that the top 500 multinational enterprises (MNEs) are predominantly home-region-bound or bi-regional, the operations of MNEs from the emerging economies have not been comprehensively analyzed. This constitutes a vital gap since firms from emerging economies have been making prominent acquisitions in recent years, and these economies are expected to post impressive growth despite the global economic slowdown. MNE managers cannot ignore such opportunities and threats. This study analyzes the operations of MNEs from four leading emerging economies - Brazil, Russia, India and China (BRIC). Since aggregated FDI data often lack transparency due to off-shore tax havens, we supplement that analysis by examining 1430 mergers and acquisitions undertaken by MNEs from BRIC economies during 2000-2007. We also develop insights into their dispersion pattern across five industry sectors in six geographical regions.
Keywords: Emerging; economies; FDI; Regional; MNEs; Mergers; and; acquisitions (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (11)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0263237309000425
Full text for ScienceDirect subscribers only
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:eee:eurman:v:27:y:2009:i:5:p:356-365
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/115/bibliographic
http://www.elsevier. ... me/115/bibliographic
Access Statistics for this article
European Management Journal is currently edited by Michael Haenlein
More articles in European Management Journal from Elsevier
Bibliographic data for series maintained by Catherine Liu ().