This contributed volume provides theoretical and empirical insights into a variety of contemporary issues about inequality, geography, and global value chains in today’s world, where global disruptions are prevalent, globalization is being transformed, and multinational enterprises (MNEs) are under pressure to promote sustainability. Many challenges and tensions created by growing inequality within and between countries, cities, and individuals, coupled with recent disruptions in the global economy, beg important questions regarding the role of MNEs.
A valuable resource for scholars and students in international business, the book provides a richer understanding of how MNE activities are being affected by the complex dynamics of the modern global business environment and discusses what strategies they need to implement in order to adapt to a changing world, while accounting for the interests of a broader range of stakeholders.
Author(s): Jong Min Lee, J. Eduardo Ibarra-Olivo, Katiuscia Lavoratori, Liang (Arthur) Li
Series: The Academy of International Business
Publisher: Palgrave Macmillan
Year: 2023
Language: English
Pages: 285
City: Cham
Foreword
Contents
Notes on Contributors
List of Figures
List of Graphs
List of Tables
1: Are Multinational Enterprises Capable of and/or Responsible for Combating Rising Inequality?
1 The Background to This Volume
1.1 Can MNEs Really Play a Role in Reducing Inequality, and if so, to What Extent?
1.2 Can MNEs Help Reduce Inequalities Between Core and Periphery or Between Cities and Their Surroundings?
1.3 Can MNEs Cascade Sustainability Compliance Throughout Their GVCs?
2 Contributions to This Volume
2.1 Part I: Inequality and Institutions
2.2 Part II: Geography
2.3 Part III: Global Value Chains
References
Part I: Inequality and Institutions
2: Left Behind. Research on Foreign Divestment and Local Employees
1 Introduction
2 An Encompassing Definition of Foreign Divestment
3 What We Know About the Relationship Between Foreign Divestment and Local Workers
3.1 Literature Review Search
3.2 A Synthesis of the Impact of Local Workers on Foreign Divestment
3.3 A Synthesis of the Effect of Foreign Divestment on the Local Workers
4 Future Research Directions
4.1 Research on the Impact of Local Workers on Foreign Divestment
4.2 Research on the Impact of Foreign Divestment on Local Workers
5 A Concluding Remark
References
3: ‘Universal’ CSR and Its Discontents in an Emerging Economy
1 Introduction
2 Theoretical Foundations
2.1 Comparative Institutionalism and CSR
2.2 Sociological Institutionalism and CSR
3 Research Setting
3.1 BrMNCs, Institutions and CSR
4 Research Design
4.1 Data Analysis
5 Findings
5.1 Means of CSR Engagement
5.2 Ends of CSR Engagement
5.3 Outcomes of CSR Engagement
6 Discussion
7 Conclusion
References
4: Using Non-market Strategies to Respond to Institutional Schisms: The Case of Florida House Bill 1557 and the Walt Disney Company
1 Introduction
2 Institutional Schisms and Non-market Strategies
2.1 Institutional Schisms
2.2 Non-market Strategy
3 The Case of the Walt Disney Company in Florida
3.1 The Bill
3.2 The Bill as an Institutional Schism
3.3 Disney’s Response to the “Don’t Say Gay” Bill
4 Concluding Discussion
References
Part II: Geography
5: Political Risk and Location Choice of Chinese SMEs
1 Introduction
2 Recent Internationalisation Trend of Chinese SMEs
3 Host Countries’ Political Risk and Chinese SMEs’ Internationalisation
3.1 The Effect of Political Risk on FDI Location Choice
3.2 Key Theories Explaining the Impact of Political Risks on MNEs’ Location Choice
OLI Paradigm
Internationalisation Stages Model
Institutional Economics
Organisational Institutionalism
The Bargaining Power Approach
3.3 Implications for Studying Chinese SMEs
4 Conclusion
References
6: FDI in Balkan Countries: The Role of EU Accession on FDI Attraction
1 Introduction and Background
2 Literature Review
3 Empirical Application
3.1 Empirical Model
3.2 Sample and Variables
3.3 Descriptives
4 Results
5 Concluding Remarks
References
7: Innovative Foreign Direct Investments and the Knowledge Sources for Green and Digital Inventions: A Patent-Based Analysis
1 Introduction
2 Theoretical Background
3 Empirical Application
3.1 Data and Definitions
3.2 Descriptive Evidence
Digital and Green Inventions in the EU
The Geography of the Knowledge Sources of Green and Digital Inventions
Innovative FDI Patterns in the EU
3.3 Innovative FDIs and the Knowledge Sources for Green and Digital Inventions: Econometric Analysis
4 Conclusions
References
Part III: Global Value Chains
8: Assessing Value Capture in GVCs: Conceptual Issues and Evidence at the Country Level
1 Introduction
2 The Smile Curve: Conceptual Aspects and Empirical Evidence
3 The fDi Markets Database
4 Empirical Evidence
4.1 Assessing the Functional Division of Labour Using FDI Data
4.2 Functional Specialization and Value Capture in GVCs
5 Conclusions
References
9: The Relationship Between Global Value Chains, Green Technologies, and Air Pollution: Initial Evidence for EU Regions
1 Introduction
2 Global Value Chains, Green Technologies, and Air Pollution
3 Variables Construction
3.1 Air Pollutants (AP) Emissions
3.2 Global Value Chain Participation
3.3 Green Technologies
3.4 Descriptive Statistics
4 Methods and Some Preliminary Evidence
5 Interpretation and Concluding Remarks
References
10: Global Value Chain Resilience and Reshoring During Covid-19: Challenges in a Post-Covid World
1 Introduction
2 Hyperglobalization and Slowbalization
3 The Covid-Shock on Countries, Sectors and Firms
3.1 Country-Level GVC Participation and Resilience
3.2 Sectoral Heterogeneity
3.3 Firms’ Reactions and Reorganization of GVCs
4 Challenges in a Post-Covid World
4.1 Reducing Exposure
Diversification
Resilience and Robustness
Regionalization
4.2 Understanding the Nature of Shocks
Temporary and Permanent Shocks
Idiosyncratic and Systemic Shocks
5 Conclusion
References
Index
