Regional and Global Multinationals

An Examination of Theory and Empirical Evidence from European MNEs

Author: Christoph Czychon

Publisher: Springer Fachmedien Wiesbaden

Book Series : mir-Edition

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

Table of Contents

About this book

Based on their ability to facilitate interdependencies across the borders of national and regional markets, multinationals enterprises (MNEs) act as the key drivers of world trade and investment activities. While recent global challenges additionally highlight the need to explain and assess the status and progress of internationality/-regionality, previous research renders the concept of firm-level globalization as a special but not the general case. Christoph Czychon dedicates specific attention to the research on regional and global MNEs based on an extensive and rigorous review of the existing academic literature as well as the analysis of 2005-2015 empirical data from the European context with a focus on CAC40- and DAX30-listed firms. In doing so, the author offers insights and results that stand in contrast to the original narrative of the debate and presents a comprehensive and updated perspective on regional and global MNEs.

Frontmatter

An Examination of Theory

Frontmatter

Chapter 2. International Business Theory and Multinational Enterprises

Abstract

The origins and foundations of international business theory and the business activities of the firms therewith connected have been subject to much research and debate in academia. Scholars’ perspectives from international economics, business and management concurrently spread the discipline into different fields and streams while pointing out the need for a strategic management or a strategy of the MNE business activity therewith connected.

Christoph Czychon

Chapter 3. Regional and Global Multinationals: A Literature Review

Zusammenfassung

The present chapter follows the purpose to provide a perspective on regional and global MNEs by reviewing and analyzing the existing body of the literature. To prepare for such a task, debate-related challenges concerning different foundations and theoretical frameworks, varying definitions for an understanding of the applied terminology and changing directions concerning the operationalization and measurement of MNEs as a multidimensional construct are considered within previous contents. The classification of firms and MNEs thereby emerges as a traditional scientific field (Everitt, 1979, p. 169) and ultimately causes the need to further question the results of its respective empirical address in detail.

Christoph Czychon

Empirical Evidence from European MNEs

Frontmatter

Chapter 4. Research Design and Methodology

Abstract

The contents from the previous Chapters 2 and Chapter 3 emphasize the academic efforts that are undertaken in the existing literature regarding the theoretical foundation, conceptualization and empirical assessment of (regional and global) MNEs. The present Chapter 4 consequently deals with the research design and methodology that is applied hereinafter in order to generate longitudinal data from European MNEs. Chapter 4 therefore builds upon the ground provided throughout the examination of theoretical and empirical contributions in Part I while detailing out the technicalities associated with the sampling, collection and processing of firm-level data.

Christoph Czychon

Chapter 5. Longitudinal Results from European MNEs

Abstract

The present chapter serves to outline the results from an examination of empirical evidence that stems from European MNEs listed in CAC40 and DAX30. While considering data from the 11-year, 2005–2015 period, the longitudinal results from the firm-level study are thereby presented from the perspective of regional and global MNEs. Hence, home-region/-country orientation in the business activities of these firms as well as their classification are examined.

Christoph Czychon

Chapter 6. Discussion of Results

Abstract

The data and (longitudinal) results from the previous Chapter 5 serve as an initial framework to outline the information available from the business activities of European MNEs. The present Chapter 6 consequently deals with the further assessment of the data on home-region/-country orientation and the results thereby generated for the classification of these MNEs (among others, as regional and global; author’s note). In addition, the data and results from European MNEs are used for comparison with the results available from prior research in the field.

Christoph Czychon

Chapter 7. Conclusions and Outlook

Abstract

The present work provides an examination of theory (Part I) and empirical evidence from European MNEs (Part II) in systematic order. Based on these foregoing contents, the present work thereby serves to develop a comprehensive and updated perspective on the business activities and home-region/-country orientation of regional and global MNEs. For the generation of a holistic view of the research conducted in the present work, Chapter 7 integrates and draws from the contents of Chapter 1 through Chapter 6 to delineate conclusions and picture recommendations for further and future research (outlook).

Christoph Czychon

Chapter 1. An Introduction to Regional and Global Multinationals

Abstract

In June 1996, the political leaders engaging in the Group of Seven (G7) Lyon Summit title their Economic Communiqué “Making a Success of Globalization for the Benefit of All”. The heading of this official document demonstrates the extremely positive narrative of the terminology applied and is followed by a discussion of benefits and challenges of globalization. An increase in globalism is thereby often associated with the opportunity for economic growth and, thus, the generation of wealth for individuals and groups, whereas reduced barriers for trade and investment engender conflicts over domestic norms within and between nations and cause difficulties for governments in providing social security.

Christoph Czychon

Backmatter

Title: Regional and Global Multinationals
Author: Christoph Czychon
Publisher: Springer Fachmedien Wiesbaden
Electronic ISBN: 978-3-658-33737-7
Print ISBN: 978-3-658-33736-0
DOI: https://doi.org/10.1007/978-3-658-33737-7