Multinational companies from emerging economies : composition, conceptualization and direction in the global economy

Andrea Goldstein15
Estimated H-index: 15
(Organisation for Economic Co-operation and Development)
Abstract
Introduction Trends in 'Southern' Outward FDI Towards an Industry Categorization The New Asian Multinationals 'Multilatinas' Extant Theories and Their Relevance to EMNCs The Role of Governments Some Key Questions Consequences for OECD Governments, Firms and Workers Conclusions: The Way Ahead
  • References (3)
  • Citations (120)
References3
Published on Aug 1, 2008in Journal of Contemporary Asia 1.58
Andrea Goldstein1
Estimated H-index: 1
,
Pavida Pananond6
Estimated H-index: 6
(Thammasat University)
Abstract Efficient state-led, market-driven intervention has been the hallmark of Singapore's success story but the exportability of state credibility, systemic efficiencies and local advantages into alien contexts is a matter of academic and political controversy. This article scrutinises Singapore's experience with outward investment in order to objectively examine the role of Temasek and of the government-linked corporations (GLCs). It uses the case of Temasek's investment in Thailand to refl...
31 Citations Source Cite
Published on Dec 16, 2004
Geoffrey Jones24
Estimated H-index: 24
69 Citations Source Cite
Published on Jan 1, 1982
Louis T. Wells16
Estimated H-index: 16
158 Citations
Cited By120
Published on Feb 18, 2011in Physical Review B 3.81
Y. Zhang1
Estimated H-index: 1
This thesis empirically investigates the underlying factors that explain the new global trade and investment patterns. At the baseline level, three questions on the globalization process of emerging markets are addressed. First, what is the causal linkage among institutions, external trade and foreign investment, and economic development? Second, given a limited number of emerging economies, how can we use regional differences within these countries to test theories of FDI? Third, what can we ad...
12 Citations
Published on Sep 2, 2013in Management Decision 1.52
Robles Fernando (George Washington University)
Purpose – The purpose of this paper is to introduce the special issue which aims to provide a better understanding of the extent of regional polarization across different economic sectors and its impact on the business environment and strategies of firms in Latin America. Design/methodology/approach – This paper introduces the topic of regional polarization, summarizes the findings from the articles in this special issue, and offers directions for future research. Findings – The macro studies sh...
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Published on Jan 1, 2008in It & People
Flavia Carvalho1
Estimated H-index: 1
(United Nations University),
Andrea Goldstein15
Estimated H-index: 15
(OECD Development Centre)
This chapter analyses foreign direct investments (henceforth FDI) in the oil industry from two large emerging economies, Brazil and China, with the purpose to understand the role of Governments and technology in the internationalisation strategies of those firms. The chapter shows that the Brazilian oil company, Petrobras, internationalised in the 1970s in order to secure oil resources, and throughout time developed technological capabilities that explain its current success and worldwide expans...
7 Citations
Published on Jan 1, 2012in AD-minister
Juanita Castro Olaya1
Estimated H-index: 1
(EAFIT University),
Juliana Castro Olaya1
Estimated H-index: 1
(EAFIT University),
Indira Jaller Cuéter1
Estimated H-index: 1
(University of Strasbourg)
The following paper addresses an issue that has been gaining importance in today’s world: Multilatinas. Those are companies that have emerged from Latin American developing economies and that during the last decades have been growing really fast in the national and the international field. Through this paper we studied the importance of Multilatinas in the region, their common characteristics and their internationalization processes in order to identify if there is a common pattern in their inte...
8 Citations
Published on Aug 10, 2015in Journal of Organizational Change Management 1.26
Selena Aureli3
Estimated H-index: 3
(University of Bologna)
Purpose – The purpose of this paper is to shed lights on both economic and social impacts associated to the increasing amount of western companies acquired by multinationals from emerging countries. Focussing on the Italian context, its main intent is to analyze changes in targets’ performance and capability to contribute to stakeholders’ wealth to assess the business and social viability of this type of deal. Design/methodology/approach – Operations of mergers and acquisitions (M & As) were ide...
11 Citations Source Cite
Published on Dec 4, 2010in International Business Management
M. B. A. José G. Vargas-Hernández8
Estimated H-index: 8
,
Mohammad Reza Noruzi7
Estimated H-index: 7
(Islamic Azad University)
The entry to global markets, expansion and proliferation of the “new” multinational enterprises (MNs) originating in emerging economies, such as the case of Brazil, China, India and Mexico, during the last two decades, have surprised policymakers and analysts. The Boston Consulting Group (2006) identified 6 Mexican MNEs out of top 100 emerging multinationals. The 2009 Boston Consulting Group (BCG) 100 new global challengers are based on 14 rapidly development economies (RDEs), including Mexico. ...
7 Citations Source Cite
Published on Oct 30, 2008in Cepal Review 0.19
Javier Santiso11
Estimated H-index: 11
(Ramon Llull University)
The corporate world has changed remarkably in the past 10 years. New multinationals are appearing in countries with emerging markets such as Brazil, India, China, South Africa and Mexico, which are not only top recipients of foreign capital, but have fast become major investors themselves. An important part of the remarkable story of emerging multinationals has been the eruption of world-class Latin multinationals (or multilatinas) from Mexico and Brazil, in particular, following the path taken ...
40 Citations Source Cite
Published on Oct 7, 2014in European Business Review
Maria Alejandra Gonzalez-Perez5
Estimated H-index: 5
(EAFIT University),
Juan Velez-Ocampo1
Estimated H-index: 1
(EAFIT University)
Purpose – This paper aims to provide an examination of the ongoing internationalisation processes undertaken by 30 major multinational Colombian-owned firms. It also presents a theoretical overview and a conceptual framework for the understanding of internationalisation patterns from emerging countries’ multinational enterprises. Design/methodology/approach – This study is built based both on the results collected from comparative case studies based in the literature and empirical observations o...
12 Citations Source Cite
Published on Jan 1, 2013in Comparative Economic Research
Witold Wilinski2
Estimated H-index: 2
(Warsaw School of Economics)
Artykul jest pierwszym przeglądem literatury dotyczącej internacjonalizacji przedsiebiorstw z panstw Europy Środkowej i Wschodniej. Badanie objelo w sumie 42 artykuly opublikowane w latach 1989-2010 zarowno w wiodących światowych czasopismach ekonomicznych, jak i w czasopismach, ktore koncentrują swoje badania jedynie na Europyie Środkowej i Wschodniej. Celem przeprowadzonej analizy byla klasyfikacja dotychczas przeprowadzonych badan nad internacjonalizacją przedsiebiorstw z tej cześci Europy, z...
1 Citations Source Cite
Published on Jul 19, 2011in Management Research Review
Joseph T. Martelli3
Estimated H-index: 3
(University of Findlay),
Patricia B. Abels3
Estimated H-index: 3
(University of Findlay)
Purpose – The purpose of this paper is to explore how internationalization has impacted the composition and performance of global companies. Trends among continents, countries and across industries are shown in order to further understand the effects of internationalization on these prominent organizations in our world economy.Design/methodology/approach – This is a descriptive study using a cross‐sectional design. The unit of analysis consists of the companies comprising the world's largest 500...
6 Citations Source Cite