Routledge Library Editions: Multinationals, 8-Volume Set

The volumes in this set, originally published between 1955 and 1993, draw together research by leading academics in the area of multinationals and provides a rigorous examination of related key issues. The volumes examine foreign investment and currency translation, environmental control issues and the impact of multinationals on the British economy. This set will be of particular interest to students of business studies. Cover Volume1 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents List of Figures and Tables Dedication Acknowledgements Introduction 1: Intra-industry Production as a Form of International Economic Involvement: An Exploratory Analysis Comment Comment 2: The Determinants of Intra-industry Direct Foreign Investment Comment Comment 3: Intra-industry Direct Foreign Investment, Market Structure, Firm Rivalry and Technological Performance Comment Comment 4: Antitrust Policy and Intra-industry Direct Foreign Investment: Cause and Effect Comment Comment 5: US Direct Foreign Investment and Trade: Theories, Trends and Public-policy issues Comment Comment 6: National and International Data Problems and Solutions in the Empirical Analysis of Intra-industry Direct Foreign Investment Comment Comment References Notes on Contributors Index Volume2 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Dedication Table of Contents List of Figures List of Tables Foreword Preface Acknowledgments Chapter I: Introduction Problem Orientation Purpose of the Dissertation Statement of the Problems Limitations Organization of the Paper Chapter II: Review of Literature and Related Research Open Systems Theory Evaluation Research Self-Control Management Process Research Questions Summary Chapter III: Research Methodology General Analysis The Organization—Integrating Diverse Activities in Dispersed Locations Participatory Evaluation—People Learning From Their Own Experiences Research Design Research Observations Research Instrument Construction Data Collection Data Analysis Summary of the Research Methodology Summary Chapter IV: Findings of Expectations Questionnaire Data Collection Personnel Data Characteristics of the Ideal Participatory Evaluation Process at WHA Summary of the Expectation Questionnaire Chapter V: Findings of the Experience Questionnaire Data Collection Personnel Data Experiences With the Participatory Evaluation Process at WHA Summary of the Participatory Evaluation Process Summary of the Findings Chapter VI: Results of the Research Host Community Members Design and Use of Their Own Evaluation Plan Incorporating Evaluation Findings Into The Management Control System Participatory Evaluations and the Benefits of Self-Control Summary of the Results Chapter VII: Summary and Conclusion Statement of Purposes Research Methodology Summary of the Results and Implications Operational Relationships in the Participatory Evaluation Process Future Research Concluding Remarks Appendix A Appendix B Bibliography Index Volume3 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents List of Tables List of Figures Acknowledgements Abstract I: Introduction II: SFAS 52 in Perspective International Exchange Rate Volatility World War I and the Gold Standard 1920s and Exchange Rate Volatility Volatility from the 1930s to the 1980s International Investment Increases Accounting Profession's Response Translation Methods Current/Noncurrent Method Monetary/Nonmonetary Method Temporal Method Current Rate Method Reporting Options SFAS 8 Introduced SFAS 8 Criticized SFAS 8 Revised III: SFAS 52 Compared to SFAS 8 Objective of Translation Measurement Concept Entity Concept Realization versus Recognition Translation Adjustments Hedging Foreign Exchange Exposure Exchange Rate Selection IV: Literature Review Research Prior to the 1970s Two Financial Accounting Concepts Disclosure Concept Realization Concept Multinational Corporate Practices Reported Earnings and Security Market Prices Reported Earnings Security Market Prices Attitudes of Multinational Managers Performance Evaluation Future Research V: Methodology Major Research Question Supplementary Research Questions Four Hypotheses Dissertation Scope Data Described Criteria for Selecting Data RH Four and SRQ Four Data Characteristics Research Design Treatment of Data Research Methodology Summarized Historical Background Relevant Research SFAS 52 Compared to SFAS 8 Standard Selection VI: Results Research Results Summarized Accounting Standard Selection SRQ Four Choice of Increased or Decreased Reported Earnings RH Four Change in Reported Earnings Four Deviant Corporations VII: Conclusions Historical Background SFAS 52 Compared to SFAS 8 Prior Research Accounting Standard Selection Theories Future Research Leverage Percentage of Assets Percentage of Sales Change in Management Discriminant Analysis Impact on EPS Appendixes References Index Volume4 Cover Half Title Title Page Copyright Page Original Title Page Dedication Original Copyright Page Table of Contents Foreword Editor's preface Acknowledgments 1: Hazardous exports: a consumer perspective 2: A review of US and international restrictions on exports of hazardous substances 3: Hazard export: ethical problems, policy proposals and prospects for implementation 4: Exporting hazardous industries: "for example" is not proof 5: The double standard in industrial hazards Response to Levenstein-Eller critique 6: Occupational health and the economic development of Latin America 7: Hazard export in the developing Irish Republic 8: Policy issues in technology transfer 9: Remedies against hazardous exports: compensation, products liability and criminal sanctions 10: Export of hazardous industries: the view from a local union in the United States 11: Future directions for US public policy initiatives on hazard export issues 12: The health effects of the transfer of technology to the developing world: report and case studies Export of hazardous products from the United States: a bibliography Appendix: The Bhopal disaster as a case study in double standards Index Volume5 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents Preface 1: Introduction Part One: The Theory of Transfer Pricing 2: The Microeconomics of Transfer Pricing 3: Transfer Pricing and Economic Efficiency 4: Transfer Pricing: A Taxonomy of Impacts on Economic Welfare 5: Transfer Pricing in Exhaustible Resource Markets 6: The Equivalence of Tariffs and Quotas in the Multinational Enterprise 7: Fiscal Transfer Pricing: Accounting for Reality 8: Financial Dimensions of Transfer Pricing Comments on Unresolved Issues in Transfer Pricing Models Part Two: Empirical Evidence on Transfer Pricing 9: Transfer Pricing in the Canadian Petroleum Industry 10: An Empirical Investigation of International Transfer Pricing by US Manufacturing Firms 11: A Comparison of Import Pricing by Foreign and Domestic Firms in Brazil 12: Some Evidence on Transfer Pricing by Multinational Corporations Comments on Efficiency, Equity and Transfer Pricing in LDCs Part Three: Regulation of Transfer Pricing 13: Transfer Pricing Problems in Developing Countries 14: The Regulation of Transfer Prices by Developing Countries: Second-best Policies? 15: International Arbitration of Transfer Pricing Disputes Under Income Taxation Comments on the Difficulties in Regulating Transfer Prices Bibliography Notes on Contributors Author Index Subject Index Volume6 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents 1: Chapter 1: Introduction 1.1 The international construction environment 1.2 Developments in analysis of the industry 1.3 Definition of term 1.4 The research framework 1.5 Objectives and hypotheses of the research 1.6 Footnotes 2: Chapter 2: A Literature Review of Multinational Enterprise Theory 2.1 Behavioural aspects of foreign investment 2.2 Industrial Organisation Theory 2.3 Internalisation theory and the MNE 2.4 Location theory and the MNE 2.5 General theories of the MNE 3: Chapter 3: An Economic Overview of the Construction Industry 3.1 The client in construction 3.2 Raw materials 3.3 The construction process 3.4 The final product 3.5 Demand and Supply in the construction industry 3.6 Structure of the construction industry 3.7 Aspects of international construction 4: Chapter 4: Application of Multinational Enterprise Theory to International Construction 4.1 The research framework 4.2 Ownership advantages 4.3 Location advantages 4.4 Internalisation advantages 5: Chapter 5: Empirical Analysis of Ownership Advantages 5.1 Methodology of the research 5.2 Ownership advantages 5.3 Firm specific factors 5.4 Country specific advantages 5.5 Footnotes 6: Chapter 6: Internalisation and Locational Factors 6.1 Internalisation factors 6.2 Locational advantages 6.3 Political risk in international contracting 6.4 Oligopolistic reaction in international construction 6.5 Footnotes 7: Chapter 7: The Financing of International Projects 7.1 Financing operations in the MNE 7.2 The export credit mechanism 7.3 Export credit financing as a country specific o advantage 7.4 Summary 7.5 Footnotes 8: Chapter 8: Summary and Conclusions 8.1 Summary of the thesis 8.2 Relevance of the hypotheses of the research 8.3 Theoretical conclusions 8.4 Practical conclusions 8.5 Limitations of the research and suggestions for future work 8.6 Footnotes 9: References 10: Bibliography Subject Index Author Index Volume7 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents Introduction Part I: The Diversity of National Environments 1: The Main Systems of Employee Information and Consultation in European Industrial Relations 2: The Main Systems for Informing External Parties in Financial and Commercial Legislation 3: Does Formal Policy or Law as used in Europe, Contribute to Improved Employee Information and Participation? Part II: The International and European Context 4: Initiatives undertaken by International Organisations in the Field of Employee Information and Consultation in Multinational Undertakings (I.L.O., O.E.C.D., U.N.) 5: Information and Consultation of Employees in Community Law relating to Changes in the Undertakings and to the Statute of Companies 6: The Proposal for a Directive on Procedures for Informing and Consulting the Employees of Undertakings with Complex Structures, in particular Transnational Undertakings Part III: The Economic Context 7: The Economic Implications of Informing and Consulting Employees in Multinational Undertakings 8: Autonomy of Decision Making by Subsidiaries of Multinational Enterprises Commentaries 1 — The Information and Consultation of Employees. The Point of View of the European Trade Union Confederation (E.T.U.C.) Commentaries 2 — The Information and Consultation of Employees. The Point of View of the Industries of the European Community (U.N.I.C.E.) Volume8 Cover Half Title Title Page Copyright Page Original Title Page Original Copyright Page Table of Contents List of Tables List of Figures 1: Introduction: The Issues The state of Britain and British competitiveness Multinationals: the global issues Concluding remarks Notes 2: Global Environment of International Business and the United Kingdom Position Multinationals and the international business position International business and the United Kingdom Inward direct investment into the UK and the competitive position Concluding remarks Notes 3: Impact of Inward Direct Investment on the United Kingdom Introduction Economic impact of inward direct investment Technology transfer and innovation Market structure Trade and balance of payments Employment and labour effects Linkage and spillover effects Concluding remarks Notes 4: Foreign Multinationals in the UK Assisted Areas Regional policy in the UK Growth and performance of foreign-owned manufacturing industry in the assisted areas The electronics industry in the assisted areas Concluding remarks Notes 5: Multinational Strategies and Operating Characteristics Some ideas on international and subsidiary strategies Subsidiary strategies at the British and Continental European level Profile of MNE strategies in the 1980s and implications for the UK Case examples Concluding remarks Notes 6: The UK Policy Response Introductory issues Attraction and regulation of inward investment in the UK EEC policy and inward investment in the UK OECD policy and inward investment in the UK Concluding remarks Notes 7: Conclusions and Future Directions The UK as host to international investment Impact of inward investment at national and regional levels Multinationals - the global issues and the UK Conclusions Notes Bibliography Index One Surprising Development In The Growth Of Multinational Businesses And International Trade Is The Large And Growing Amount Of Intra-industry Direct Foreign Investment. Intra-industry Direct Foreign Investment Is The Phenomenon Whereby Multinationals From Two Countries Have Overseas Manufacturing Operations In Each Other¿s Countries. The Phenomenon Is Surprising Because It Contradicts The Notion That Some Countries Are Technology Exporters And Others Merely Receivers, As Well As Challenging The Idea Of The Existence Of An International Division Of Labour. It Suggests That International Trade Is Taking On A New Form And This Raises Important Implications For Government Regulators, For Consumers And For Multinational Businesses Themselves. This Book, First Published In 1985, Explores The Nature Of Intra-industry Direct Foreign Investment And The Issues Raised By It. This Title Will Be Of Interest To Students, Researchers And Policy-makers Interested In International Trade And Multinational Business.