Academic literature on the topic 'Multinational firms'

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Journal articles on the topic "Multinational firms"

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Tintelnot, Felix. "Global Production with Export Platforms*." Quarterly Journal of Economics 132, no. 1 (October 13, 2016): 157–209. http://dx.doi.org/10.1093/qje/qjw037.

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Abstract Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this article, I examine the determinants of multinational firms’ location and production decisions and the welfare implications of multinational production. The few existing quantitative general equilibrium models that incorporate multinational firms achieve tractability by assuming away export platforms—that is, they do not allow foreign affiliates of multinationals to export—or by ignoring fixed costs associated with foreign investment. I develop a quantifiable multicountry general equilibrium model, which tractably handles multinational firms that engage in export platform sales and that face fixed costs of foreign investment. I first estimate the model using German firm-level data to uncover the size and nature of costs of multinational enterprise and show that the fixed costs of foreign investment are large. Second, I calibrate the model to data on trade and multinational production for twelve European and North American countries. Counterfactual analysis reveals that multinationals play an important role in transmitting technological improvements to foreign countries and that the pending Canada-EU trade and investment agreement could divert a sizable fraction of the production of EU multinationals from the U.S. to Canada.
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Alozie, Benedicta Chinyere, and Alasa Paul Kadiri. "Conflict Management Styles by Multinational Oil Firms in the Niger Delta Region of Nigeria." Elizade University International Journal of Management 1, no. 1 (November 22, 2022): 19–33. http://dx.doi.org/10.57000/euijm/2022.0101.02-cm.

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Conflicts between oil multinationals and host communities have become a recurring decimal resulting in hostility between the parties and in some cases the shutdown of oil exploration of oil multinationals by host communities in the past decades in Nigeria. This study ascertains the relationship between the use of integrating, dominating, obliging, avoiding, and compromising styles of managing conflicts and the quality of relationship multinational oil firms have with host communities. The questionnaire was used to gather data from 200 top managers and personnel in the public relations department sampled from thirteen (13) multinational oil firms. Data analysis was carried out using multiple regression. It was revealed that the quality of relationship multinational oil firms have with host communities is negative and significantly related to the use of dominating and compromising styles of handling conflict, but positive and significantly related to the use of integrating, obliging, and avoiding styles of handling conflict. The study recommends that multinational oil firms should change from the deployment of dominating style to integrating and obliging styles in handling conflict with host communities.
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Ferragina, Anna Maria, Rosanna Pittiglio, and Filippo Reganati. "DOES MULTINATIONAL OWNERSHIP AFFECT FIRM SURVIVAL IN ITALY?" Journal of Business Economics and Management 15, no. 2 (April 29, 2014): 335–55. http://dx.doi.org/10.3846/16111699.2012.707622.

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The aim of this paper is to investigate whether and how multinational status and foreign ownership affect the survival of Italian manufacturing and service firms. To this end, we analyze firm survival by distinguishing Italian firms as foreign multinationals (FMNEs) domestic multinationals (DMNEs) or domestic non-multinational firms (NMNEs). The empirical analysis is based on the Kaplan-Meier survival estimator and on the Cox proportional hazard model, in which we look for the impact of ownership dummies on firm survival, controlling for several firm and industry specific covariates. Our findings reveal that manufacturing and service firms owned by foreign multinationals are more likely to exit the market than either DMNEs or NMNEs. Moreover, DMNEs show a higher chance of survival in services. By decomposing firm activities into different technological classes, we also find that foreign ownership still exerts a negative influence on firm survival in both static and dynamic industries, while domestic multinationals in less-knowledge-intensive services appear more persistent.
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Jäckle, Robert, and Georg Wamser. "Going Multinational: What are the Effects on Home-Market Performance?" German Economic Review 11, no. 2 (May 1, 2010): 188–207. http://dx.doi.org/10.1111/j.1468-0475.2009.00473.x.

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Abstract This paper compares the home-market performance of German multinational enterprises (MNEs) and national firms, both before and after switching from national to multinational activities. Regarding the former case, our results show that future multinationals outperform domestic firms. When assessing the ex post performance of multinationals, selectivity issues must be taken into account. Applying an endogenous treatment model, it turns out that after switching, both productivity and wage growth are higher at newly founded MNEs. While capital intensities increase compared with those of national firms, employment growth rates are negatively related to switching, suggesting that home and foreign employment are substitutes.
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Keller, Wolfgang, and Stephen Ross Yeaple. "The Gravity of Knowledge." American Economic Review 103, no. 4 (June 1, 2013): 1414–44. http://dx.doi.org/10.1257/aer.103.4.1414.

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We analyze the international operations of multinational firms to measure the spatial barriers to transferring knowledge. We model firms that can transfer bits of knowledge to their foreign affiliates in either embodied (traded intermediates) or disembodied form (direct communication). The model shows how knowledge transfer costs can be inferred from multinationals' operations. We use firm-level data on the trade and sales of US multinationals to confirm the model's predictions. Disembodied knowledge transfer costs not only make the standard multinational firm model consistent with the fact that affiliate sales fall in distance but quantitatively accounts for much of the gravity in multinational activity. (JEL F12, F14, F23, L25, O33)
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Girma, Sourafel. "The Domestic Performance of UK Multinational Firms." National Institute Economic Review 185 (July 2003): 78–92. http://dx.doi.org/10.1177/00279501031851009.

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This paper analyses the domestic performance of UK multinational firms from two perspectives: (i) their productivity relative to foreign multinationals, domestic exporters and non-exporters, and (ii) their ability to benefit newly acquired affiliates. Nonparametric analysis shows that the productivity distribution of UK multinationals is dominated by their foreign counterparts (especially US firms), and quantile regressions reveal that the performance disadvantage of UK multinationals is more pronounced at the higher end of the productivity distribution. Using a difference-in-differences methodology, it is found that, unlike foreign acquisitions, take-overs of domestic non-exporting firms by UK multinationals do not appear to lead to any productivity improvements.
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Hanna, Rema. "US Environmental Regulation and FDI: Evidence from a Panel of US-Based Multinational Firms." American Economic Journal: Applied Economics 2, no. 3 (July 1, 2010): 158–89. http://dx.doi.org/10.1257/app.2.3.158.

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This paper measures the response of US-based multinationals to the Clean Air Act Amendments (CAAA). Using a panel of firm-level data over the period 1966–1999, I estimate the effect of regulation on a multinational's foreign production decisions. The CAAA induced substantial variation in the degree of regulation faced by firms, allowing for the estimation of econometric models that control for firm-specific characteristics and industrial trends. I find that the CAAA caused regulated multinational firms to increase their foreign assets by 5.3 percent and their foreign output by 9 percent. Heavily regulated firms did not disproportionately increase foreign investment in developing countries. (JEL F23, K32, L51, Q52, Q53, Q58)
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Egan, Patrick J. W. "R&D in the periphery? Foreign direct investment, innovation, and institutional quality in developing countries." Business and Politics 15, no. 1 (April 2013): 1–32. http://dx.doi.org/10.1515/bap-2012-0038.

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This paper considers the relationship between assessments of institutional quality in developing countries and the innovative activities of multinational corporations. Firm entry mode literature has established links between domestic institutions and ownership equity patterns among multinationals, but institutionalist analyses have not adequately addressed the types of activities pursued by multinational firms. I argue that in addition to various socioeconomic indicators, the quality of domestic political institutions in developing countries is an important determinant of local innovative activity. I argue that institutional quality in host countries reinforces consistent patterns of interaction between states and firms, leading to reduced risk of technological expropriation and other undesirable outcomes for firms. I test this argument by examining the impact of institutional assessments, carried out by firms themselves and by outside observers, on R&D effort among multinationals, using firm-level surveys conducted in developing countries between 2002 and 2005. The multilevel empirical analysis suggests that multinational firms are likely to both locate R&D activities and pursue them intensively in developing countries with well-regarded institutions, and that the impact of institutional variables is more significant than other likely predictors, such as education levels in host countries.
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Dardati, Evangelina, and Meryem Saygili. "Multinationals and environmental regulation: are foreign firms harmful?" Environment and Development Economics 17, no. 2 (January 31, 2012): 163–86. http://dx.doi.org/10.1017/s1355770x11000398.

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AbstractThe rise of globalization has directed the attention of economists to the effect of trade and multinational production on the environment. We explore whether multinational firms, frequently the target of environmentalists, are harmful for a host country's environment. We introduce environmental regulation in a two-country model of heterogeneous firms with monopolistic competition. Using plant-level data from Chile, we test the model implications. We find that foreign firms are cleaner than domestic plants even after controlling for productivity that is likely to be negatively correlated with emissions. We also show that increasing the stringency of environmental regulations in a previously unregulated market affects the domestic firms more than the multinationals.
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Setzler, Bradley, and Felix Tintelnot. "The Effects of Foreign Multinationals on Workers and Firms in the United States." Quarterly Journal of Economics 136, no. 3 (May 3, 2021): 1943–91. http://dx.doi.org/10.1093/qje/qjab015.

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Abstract Governments go to great lengths to attract foreign multinationals because they are thought to raise the wages paid to their employees (direct effects) and to improve outcomes at local domestic firms (indirect effects). We construct the first U.S. employer-employee data set with foreign ownership information from tax records to measure these direct and indirect effects. We find the average direct effect of a foreign multinational firm on its U.S. workers is a 7% increase in wages. This premium is larger for higher-skilled workers and for the employees of firms from high GDP per capita countries. We find evidence that it is membership in a multinational production network—instead of foreignness—that generates the foreign-firm premium. We leverage the past spatial clustering of foreign-owned firms by country of ownership to identify the indirect effects. An expansion in the foreign-multinational share of commuting-zone employment substantially increases the employment, value added, and—for higher-earning workers—wages at local domestic-owned firms. Per job created by a foreign multinational, our estimates suggest annual gains of US$13,400 to the aggregate wages of local incumbents, two-thirds of which are from indirect effects. Our estimates suggest that—via mega-deals for subsidies from local governments—foreign multinationals are able to extract a sizable fraction of the local surplus they generate.
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Dissertations / Theses on the topic "Multinational firms"

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Gao, Yong Gerald. "Multinational firms' sequential entry strategies." Click to view the E-thesis via HKUTO, 2006. http://sunzi.lib.hku.hk/hkuto/record/B36633124.

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Gao, Yong Gerald, and 高勇. "Multinational firms' sequential entry strategies." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B36633124.

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Temouri, Yama. "Multinational firms, productivity and employment." Thesis, Aston University, 2008. http://publications.aston.ac.uk/15397/.

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Over the last three decades foreign direct investment (FDI) has become the most visible driver of globalisation. It has grown faster than world output and international trade and now reports world annual flows exceeding 1,000 billion US dollars. In this period, Germany has undergone significant changes in order to play an important role in the globalisation process. Apart from being a member state of the European Union (EU) whose key feature is the free flow of trade, investment and labour, the re-unification of East and West Germany in 1990 has been a significant development. This in effect has meant that East Germany as well as other Eastern European nations opened up to foreign investment for the first time. In this period, Germany has attracted in excess of 10 per cent of inward FDI into the EU and invested around 15 per cent of all FDI in the EU. This thesis explores empirically the potential impact of FDI on firms operating in and investing from Germany over a ten year period. Using panel data at the firm-level it concentrates on three areas relating to FDI. Firstly, it considers whether foreign-owned firms are more productive than German multinational firms and German non-multinational firms. Secondly, the thesis considers the impact of German investments abroad on domestic productivity. Finally, employment effects emanating from outward high-tech FDI are estimated for the leading OECD (Organisation of Economic Co-operation and Development) countries, namely Germany, Belgium, France, the Netherlands, Sweden, the United Kingdom and Japan. The findings of the first analysis indicate that while foreign-owned firms are generally more productive than German non-multinationals, there is no clear cut difference between foreign-owned firms and German multinationals. These differences would not have been uncovered, had the analysis compared foreign firms with all domestic firms. Equally, location within Germany is also important, as this productivity gap is more pronounced for firms which are located in the Eastern states. The findings of the second analysis suggest that engaging in outward FDI has an overall positive effect on the parent firm's productivity at home. Finally, results of the third analysis show that an expansion of high-tech offshoring activities by OECD multinationals (MNEs) is not associated with any reduction in employment at home.
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Riedel, Nadine. "Essays on the Taxation of Multinational Firms." Diss., lmu, 2008. http://nbn-resolving.de/urn:nbn:de:bvb:19-85304.

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Mayr, Dominik Stephan. "Return and risk analysis in multinational firms /." [S.l. : s.n.], 2008. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=016429887&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.

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Ma, Alyson C. "Trade and multinational firms : evidence from China /." For electronic version search Digital dissertations database. Restricted to UC campuses. Access is free to UC campus dissertations, 2004. http://uclibs.org/PID/11984.

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Choi, Hye Lin. "Essays in Multinational Firms and Productivity Growth of Domestically-Owned Firms." The Ohio State University, 2014. http://rave.ohiolink.edu/etdc/view?acc_num=osu1396886658.

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Zagrajczuk-Ray, Anna. "The economy of multinationals : essays on international trade, income inequality and strategies of multinational firms." Thesis, Paris 1, 2016. http://www.theses.fr/2016PA01E013.

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Cette thèse analyse les stratégies des firmes multinationales dans leurs différentes dimensions et évalue leur effet sur les consommateurs et travailleurs. Les essaies consécutifs s'intéressent aux choix d'expansion des FMNs, leur décision de délocalisation de production, leurs stratégies de l'investissement direct à l'étranger (IDE) au niveau agrégé, ainsi que les pratiques de la discrimination de prix sur les marchés aux fortes inégalités de revenu
This thesis examines both theoretically and empirically strategies of multinational firms in their various dimensions and evaluates their impact on consumers and workers. The following essays look at MNEs' product expansion choices, their production localization decisions, foreign direct investment strategies (FOI) at the aggregate level and, finally, price discrimination practices on more unequal markets
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Mokkas, Socrates. "Corporate Taxation and the Behaviour of Multinational Firms." Thesis, University of Oxford, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.519806.

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Galilea, Gisele Walczak. "'Tax deferral' and shareholding structure of multinational firms." reponame:Repositório Institucional do FGV, 2018. http://hdl.handle.net/10438/25679.

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While firms are looking for tax savings through the choice of investment projects (i.e., through investments in new foreign subsidiaries in countries with the lowest tax rate), countries are aware that firms are sensitive to tax factors and thus adopt instruments such as tax deferral to prevent the 'flight' of capital. However, by discouraging repatriation, this tax instrument promotes 'multinationals' flight' (i.e., the corporate inversion of multinationals). This paper demonstrates that instruments such as tax deferral accelerate the process of 'multinational flight of the home country'. Using both a reduced form analysis and a dynamic structural model, we find that multinationals in countries with a worldwide system of taxation and tax deferral have a greater incentive to avoid residual taxation of foreign earnings in the home country and therefore repatriate less than half of their foreign earnings. In turn, this 'nonrepatriation' increased the probability of relocation by 4.4%.
Enquanto as empresas buscam economizar impostos através da escolha de determinados projetos de investimento (ou seja, investindo em novas subsidiárias estrangeiras em países com a menor alíquota de impostos), os países, por sua vez, estão cientes de que as empresas são sensíveis as questões tributárias e adotam instrumentos como diferimento de impostos para impedir o 'voo' do capital. Contudo, ao desencorajar a repatriação, esse instrumento fiscal promove o 'voo das multinacionais' (ou seja, a inversão corporativa das multinacionais). Este trabalho demonstra que instrumentos como o diferimento de impostos aceleram o processo de 'voo da multinacional do país de origem'. Utilizando uma análise na forma reduzida e um modelo estrutural dinâmico, descobrimos que as multinacionais localizadas em países com um sistema mundial de tributação e diferimento de impostos têm um incentivo maior para evitar a tributação residual dos rendimentos estrangeiros no país de origem e, portanto, repatriam menos da metade de seus ganhos estrangeiros. Essa 'não-repatriação', por sua vez, aumenta a probabilidade de realocação em 4,4%.
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Books on the topic "Multinational firms"

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Multinational service firms. London: Routledge, 1989.

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1949-, Buckley Peter J., and Mucchielli Jean Louis, eds. Multinational firms and international relocation. Aldershot, Hants, UK: E. Elgar, 1997.

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Pontus, Braunerhjelm, and Ekholm Karolina, eds. The geography of multinational firms. Boston, Mass: Kluwer Academic, 1998.

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Braunerhjelm, Pontus, and Karolina Ekholm, eds. The Geography of Multinational Firms. Boston, MA: Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-5675-6.

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Glass, Amy Jocelyn. Multinational firms and technology transfer. Washington, DC (1818 H St., NW, Washington 20433): World Bank, Development Research Group, Trade, 1999.

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H, Dunning John, and Mucchielli Jean Louis, eds. Multinational firms: The global-local dilemma. London: Routledge, 2001.

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Budd, John W. International rent sharing in multinational firms. Cambridge, MA: National Bureau of Economic Research, 2002.

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Ethier, Wilfred. Multinational firms, technology diffusion and trade. Cambridge, MA: National Bureau of Economic Research, 1991.

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Markusen, James R. Multinational firms: Reconciling theory and evidence. Cambridge, MA: National Bureau of Economic Research, Inc., 1999.

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Alfaro, Laura. The global networks of multinational firms. Cambridge, MA: National Bureau of Economic Research, 2009.

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Book chapters on the topic "Multinational firms"

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Rainelli, Michel. "Multinational Firms." In Markets and Organization, 611–29. Berlin, Heidelberg: Springer Berlin Heidelberg, 1998. http://dx.doi.org/10.1007/978-3-642-72043-7_28.

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Markusen, James R. "Multinational Firms." In Palgrave Handbook of International Trade, 236–62. London: Palgrave Macmillan UK, 2013. http://dx.doi.org/10.1007/978-0-230-30531-1_8.

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Perri, Alessandra. "Managing Innovation in Multinational Firms." In Innovation and the Multinational Firm: Perspectives on Foreign Subsidiaries and Host Locations, 34–60. London: Palgrave Macmillan UK, 2015. http://dx.doi.org/10.1057/9781137555441_3.

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Boxall, Peter, and John Purcell. "HR strategy in multinational firms." In Strategy and Human Resource Management, 251–73. London: Macmillan Education UK, 2016. http://dx.doi.org/10.1007/978-1-137-40765-8_11.

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Vekasi, Kristin. "Multinational firms and political crisis." In Risk Management Strategies of Japanese Companies in China, 54–77. 1 Edition. | New York : Routledge, 2020. | Series: Politics in Asia: Routledge, 2019. http://dx.doi.org/10.4324/9780429262241-3.

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Buckley, Peter J., and Mark Casson. "The World’s Largest Firms." In The Future of the Multinational Enterprise, 85–101. London: Palgrave Macmillan UK, 1991. http://dx.doi.org/10.1007/978-1-349-21204-0_4.

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Braunerhjelm, Pontus, and Karolina Ekholm. "Introduction." In The Geography of Multinational Firms, 1–8. Boston, MA: Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-5675-6_1.

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Ganslandt, Mattias. "Strategic Location of Production in Multinational Firms." In The Geography of Multinational Firms, 171–94. Boston, MA: Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-5675-6_10.

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Markusen, James R. "Multinational Enterprises and the Theories of Trade and Location." In The Geography of Multinational Firms, 9–32. Boston, MA: Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-5675-6_2.

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Braunerhjelm, Pontus, and Robert E. Lipsey. "The Geographical Specialization of US and Swedish FDI Activity." In The Geography of Multinational Firms, 33–58. Boston, MA: Springer US, 1998. http://dx.doi.org/10.1007/978-1-4615-5675-6_3.

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Conference papers on the topic "Multinational firms"

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Zheng, Qinqin, and Zhiqiang Li. "Vertical restraints of multinational consulting firms in China." In 2010 7th International Conference on Service Systems and Service Management (ICSSSM 2010). IEEE, 2010. http://dx.doi.org/10.1109/icsssm.2010.5530121.

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Xu, Daming, and Qing Yuan. "Transport cost and outsourcing of multinational firms in East Asia." In 2011 International Conference on Transportation and Mechanical & Electrical Engineering (TMEE). IEEE, 2011. http://dx.doi.org/10.1109/tmee.2011.6199262.

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Faria, P., and W. Sofka. "Appropriability mechanisms of multinational firms — A cross country comparison." In 2008 IEEE International Engineering Management Conference (IEMC-Europe 2008). IEEE, 2008. http://dx.doi.org/10.1109/iemce.2008.4617978.

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Wu, Xiaoyu, Veronica Hoi in Fong, and Jacky Fok Loi Hong. "Home-Based Networks, Local Institutions and Innovation of Chinese Multinational Firms." In Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018). Paris, France: Atlantis Press, 2018. http://dx.doi.org/10.2991/febm-18.2018.36.

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Sato, Akiko. "Analysis of Japanese Multinational firms’ Research and Development Activities in Singapore." In 2018 IEEE International Conference on Technology Management, Operations and Decisions (ICTMOD). IEEE, 2018. http://dx.doi.org/10.1109/itmc.2018.8691273.

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Binhadab, Nouf. "THE ROLE OF CORRUPTION AND SECRECY IN TAX AVOIDANCE BY MULTINATIONAL FIRMS." In 54th International Academic Virtual Conference, Prague. International Institute of Social and Economic Sciences, 2020. http://dx.doi.org/10.20472/iac.2020.054.006.

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Velinov, Emil. "Diversity and Inclusion Practices of Selected German Multinational Firms in The Czech Republic." In 2nd International Conference on Research in Management. ACAVENT, 2021. http://dx.doi.org/10.33422/2nd.icrmanagement.2021.02.46.

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Abeysinghe, N. S. D., S. Senaratne, and A. K. Andaraweera. "Managing knowledge through social networks within multinational real estate consultancy firms: a literature review." In 8th World Construction Symposium. University of Moratuwa, 2019. http://dx.doi.org/10.31705/wcs.2019.42.

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Pittiglio, Rosanna, Filippo Reganati, and Edgardo Sica. "Do Multinational Enterprises Push Up Wages Of Domestic Firms in the Italian Manufacturing Sector?" In The 7th International Scientific Conference "Business and Management 2012". Vilnius, Lithuania: Vilnius Gediminas Technical University Publishing House Technika, 2012. http://dx.doi.org/10.3846/bm.2012.059.

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Athalye, S. A., S. K. Govindarajan, C. A. Lopez, Marcos Esterman, and Sandra Rothenberg. "Challenges in Incorporating Sustainability Into Product Development: An Exploratory Study." In ASME 2009 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2009. http://dx.doi.org/10.1115/detc2009-87637.

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Despite decades of disaggregated initiatives aimed at improving the well-being and quality of life of its employees, their families, communities and stakeholders, many high-technology firms are still struggling to develop an integrated approach to address the triple bottom line aspects of sustainability. In particular how sustainability is being integrated into the product development process, and the challenges that result, is of interest to this work. A literature review into the role of internal factors of how a firm implements a sustainability strategy revealed that it was too normative to guide the implementation of a corporate sustainability strategy at the level of the product development value chain. Therefore, to better understand how senior and mid-level managers actually implement such a strategy, a case study was conducted at two business divisions of two different large, multinational firms that are relatively early in their development of an integrated sustainability strategy. The findings provide insight into the role of internal factors at the level of a business division as it attempts to incorporate sustainability into its product development value chain.
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Reports on the topic "Multinational firms"

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Alviarez, Vanessa, and Ayhab Saad. Multinational Production and Intra-firm Trade. Inter-American Development Bank, November 2022. http://dx.doi.org/10.18235/0004566.

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Intra-firm trade, from parents to affiliates, has been combined with standard models of multinational production (MP) to deliver gravity-style predictions for foreign affiliates' sales. Nonetheless, the evidence shows that intra-firm trade is concentrated among a small set of large multinational firms. Using firm-level data from 35 countries, we document that only firms belonging to multinational corporations (MNCs) in the upper tail of the firms size distribution are significantly affected by the distance to their parents. We present a simple framework featuring MNCs selection into intra-firm trade and derive the analytical gravity equations that are consistent with the empirical findings.
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Contessi, Silvio. Multinational Firms' Entry, Productivity, and Inefficiency. Federal Reserve Bank of St. Louis, 2010. http://dx.doi.org/10.20955/wp.2010.043.

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Markusen, James, and Keith Maskus. Multinational Firms: Reconciling Theory and Evidence. Cambridge, MA: National Bureau of Economic Research, June 1999. http://dx.doi.org/10.3386/w7163.

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Hanson, Gordon, Raymond Mataloni, and Matthew Slaughter. Expansion Strategies of U.S. Multinational Firms. Cambridge, MA: National Bureau of Economic Research, August 2001. http://dx.doi.org/10.3386/w8433.

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Budd, John, Josef Konings, and Matthew Slaughter. International Rent Sharing in Multinational Firms. Cambridge, MA: National Bureau of Economic Research, February 2002. http://dx.doi.org/10.3386/w8809.

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Hanson, Gordon, Raymond Mataloni, and Matthew Slaughter. Vertical Production Networks in Multinational Firms. Cambridge, MA: National Bureau of Economic Research, May 2003. http://dx.doi.org/10.3386/w9723.

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Erel, Isil, Yeejin Jang, and Michael Weisbach. The Corporate Finance of Multinational Firms. Cambridge, MA: National Bureau of Economic Research, February 2020. http://dx.doi.org/10.3386/w26762.

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Alfaro, Laura, and Maggie Chen. The Global Agglomeration of Multinational Firms. Cambridge, MA: National Bureau of Economic Research, December 2009. http://dx.doi.org/10.3386/w15576.

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9

Ethier, Wilfred, and James Markusen. Multinational Firms, Technology Diffusion and Trade. Cambridge, MA: National Bureau of Economic Research, August 1991. http://dx.doi.org/10.3386/w3825.

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Cravino, Javier, and Andrei Levchenko. Multinational Firms and International Business Cycle Transmission. Cambridge, MA: National Bureau of Economic Research, August 2016. http://dx.doi.org/10.3386/w22498.

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