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"Expanding the economic footprint of the firm comes at the cost of a corresponding increase in the complexity of coordination. Transnational Corporations and Transnational Governance examines the different kinds of distance-related barriers related to cross-border investment. Different forms of governance, whether inside the firm or as part of its network of external relationships, have the aim of reducing uncertainty and creating a more predictable environment. The chapters in this volume explore the impact of conventional distance-related barriers, as well as the more difficult institutional barriers reflecting differences in norms and beliefs, on the costs and methods of coordination adopted by multinational firms. "--
List of contents
1. The Costs of Crossing Borders in the Global Economy; Sarianna Lundan PART I: BEHAVIOURAL ASSUMPTIONS IN THE THEORY OF THE TNC 2. A Transaction Cost Theory of the TNC; Jean-François Hennart 3. Bounded Reliability: A New Behavioral Foundation for MNE Governance (Reprint from JIBS 2009); Alain Verbeke and Nathan S. Greidanus 4. The 'Parenting Advantage' and Innovation Processes in the Multinational Firm - Does Top Management Mess Things Up?; Mats Forsgren PART II: THE FOOTPRINT OF THE TNC: THE ROLE OF BORDERS AND DISTANCE 5. Distance-related Barriers and the Pattern of Internationalisation of Finnish MNEs; Sarianna Lundan 6. Looking into the Innovation Process: How International is Innovation in Multinational Companies?; Jannika Mattes 7. Locations of Corporate Headquarters in Europe: Between Territorial Embeddedness and Transnational Dynamics; Martin Heidenreich and Nina Baur PART III: MANAGING CROSS-BORDER INTERDEPENDENCIES 8. Intra-firm Trade Law - Contract Enforcement and Dispute Resolution in TNCs; Gralf-Peter Calliess and Stephan von Harder 9. Competence Building in Transnational Companies: The Role of Regional Headquarters in Subsidiary Coordination; Jörg Freiling and Sven Laudien 10. The Lifecycle of a Population of Regional Headquarters: An Ecological Analysis; Perttu Kähäri and Rebecca Piekkari PART IV: TNCS AS INSTITUTIONAL ENTREPRENEURS 11. Accounting Firms - Global Spread with Limited Transnationalisation; Jochen Zimmermann and Jan-Christoph Volckmer 12. Operationalising the UN Business and Human Rights Framework: The Corporate Responsibility to Respect Human Rights and Due Diligence; Peter Muchlinski 13. The Changing Role of Business in Global Society: Implications for Governance, Democracy, and the Theory of the Firm; Andreas Georg Scherer, Guido Palazzo and Hannah Trittin
About the author
Sarianna M. Lundan holds the Chair in International Management and Governance at the University of Bremen in Germany. She has published widely in journals and books, and has co-authored with John H. Dunning the second edition of Multinational Enterprises and the Global Economy, an influential reference work in the field of international business. She has also consulted extensively with the United Nations and the World Bank on issues related to the development impact of foreign investment.
