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Chapitre D'ouvrage Année : 2014

Multinational Corporations (MNCs) and Enterprises (MNEs)

Ulrike Mayrhofer
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Christiane Prange
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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'.
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Dates et versions

hal-00974078 , version 1 (05-04-2014)



Ulrike Mayrhofer, Christiane Prange. Multinational Corporations (MNCs) and Enterprises (MNEs). Wiley Encyclopedia of Management, Vol. 6 : International Management, John Wiley & Sons, 11 p., 2014, ⟨10.1002/9781118785317.weom060148⟩. ⟨hal-00974078⟩
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