Regional Aspects of Multinationality and Performance

Erscheinungsjahr 2007
ISBN: 978-0-7623-1395-2
Verlag: Jai Press Inc.

Buch, Englisch, 412 Seiten, HC gerader Rücken kaschiert, Format (B × H): 157 mm x 235 mm, Gewicht: 747 g

This volume contains recent chapters dealing with empirical tests of the relationship between multinationality (M) and performance (P). This is a traditional topic in the area of international business, but recently there has been renewed interest, partly due to theoretical advances such as the regionalization thesis of Rugman and Verbeke (in contrast to the previous assumption of uniform internationalization) and partly due to better and more detailed data on the geographic dispersion of activities now available from the annual reports of large firms, most of which are multinational enterprises (MNEs).

In this literature, P, as a dependent variable, is broadly determined by the degree of multinationality, M, where M is usually proxied by the ratio of foreign (F) to total (T) sales or assets, i.e. (F/T). There is either a linear, quadratic, or cubic (S curve) fit, allowing for controls such as size of the firm; industry grouping, organizational learning effect over time, etc. Recently, this M and P literature has included regional aspects of (F/T) and performance, for example performance has looked at return on foreign assets (ROFA).

In short, new accounting standards affecting most of the worlds MNEs now make it possible to adopt both a new dependent variable (for performance) and a new independent variable (for multinationality):

1) Performance can now capture the return on foreign assets (ROFA), not just the return on total assets (ROTA).

2) Multinationality is now available on a regional basis, i.e. the ratio of regional (R) to total (T) salesR/T. This offers better information on the strategic performance of an MNE, in comparison to the traditional metric of the return of foreign-to total sales or assetsF/T.

This volume will publish 10 chapters at the forefront of research on this reinvigorated topic of the regional aspects of multinationality and performance.

Research in Global Strategic Management is now available online at ScienceDirect full-text online of volumes 4 onwards.

- Provides research at the forefront of the regional aspects of multinationality and performance.
- Deals with empirical tests of the relationship between multinationality and performance.
- Considers the effect that new accounting standards for the worlds MNEs have on multinationality and performance.

Autoren/Hrsg.

Rugman, Alan M.

Rugman, Alan

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Literatur für Manager
• Wirtschaftswissenschaften Betriebswirtschaft Management Internationales Management

Inhaltsverzeichnis

1) Oh, C.H. (Indiana University) and Rugman, A. (Indiana University); Introduction: The Regional Performance of the Top 500 Firms, 2001-2005

Part A: Issues in the Theory and Measurement of Multinationality and Performance

2) Bowen, H. (Gent University ); The Empirics of Multinationality and Performance

3) Contractor, F. (Rutgers University); The Evolutionary or Multi-Stage Theory of Internationalization and its Relationship to Regionalization of Firms

4) Bausch, A., Fritz, T. and Boesecke, K. (International University-Bremen) Performance Effects of Internationalization Strategies: A Meta Analysis

5) Fortanier, F., Muller, A. and van Tulder, R. (University of Amsterdam Business School) Internationalization and Performance: The Moderating Role of Strategic Fit

6) Kumar, V. (Bocconi University ) and Gaur, A. (National University of Singapore); Internationalization and Performance of Indian Firms

7) Nachum, L. and Wymbs, C. (Baruch, CUNY); The Location and Performance of Foreign Affiliates in Global Cities

Part B: Tests of the Regional Aspects of Multinationality and Performance

8) Rugman (Indiana), Yip. G. (LBS) and Kudina, A. (University of Warwick);The Regional Dimension of UK Multinationals

9) Li, L.(The University of Portland) and Li, Dan (Indiana University); Global and Regional Strategies of Multinational Enterprises: A Comparison between and Integrated Global Industry and a Multidomestic Industry

10) Osegowitsch, T. (University of Melbourne) and Sammartino, A. (University of Melbourne); Exploring Regionalisation

11) Sukpanich, N. (Thammasat University); Intra-Regional Sales and Performance

12) Chen, S. (Australian National University); Testing Regional Effects in the International-Performance Relationship in Asian Service Firms

13) Hejazi, W. (University of Toronto); The Regional Nature of OECD MNE Activities and the Gravity Model

14) Goerzen, A. and Asmussen, Christian (University of Victoria); Global versus Regional MNCs