Abstract

Liberal and critical theorists alike claim that the world political economy is becoming globalized. If they are right, leading corporations should gradually be losing their national characters and converging in their fundamental strategies and operations. Multinational corporations (MNCs) should be the harbingers of deep global integration. In fact, recent evidence shows little blurring or convergence at the cores of firms based in Germany, Japan, or the United States.

Keywords

Multinational corporationCorporate governanceGlobalizationConvergence (economics)PoliticsIdeologyForeign direct investmentPolitical economyMarket economyPolitical scienceDiversity (politics)Economic systemBusinessEconomicsLawEconomic growthManagement

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Publication Info

Year
1997
Type
article
Volume
51
Issue
1
Pages
1-30
Citations
68
Access
Closed

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Louis W. Pauly, Simon Reich (1997). National structures and multinational corporate behavior: enduring differences in the age of globalization. International Organization , 51 (1) , 1-30. https://doi.org/10.1162/002081897550285

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DOI
10.1162/002081897550285