Home Region Focus and Technical Efficiency of Multinational Enterprise

Autor:	Michael D. Santoro, Joy Ruihua Jiang, Elitsa R. Banalieva
Rok vydání:	2012
Předmět:	Transaction cost business.industry Strategy and Management Global strategy Sample (statistics) International trade Focus (linguistics) Conceptual framework Multinational corporation Regional integration Economics Business and International Management business Industrial organization
Zdroj:	Management International Review. 52:493-518
ISSN:	1861-8901 0938-8249
Popis:	The transaction costs economics (TCE) perspective on regionalization suggests that multinational enterprises (MNEs) would experience advantages from regionalization and, hence, greater technical efficiency from a high home region focus (HRF). We extend this TCE perspective by proposing that whether a regional (i.e., higher HRF) or global (i.e., lower HRF) strategy leads to greater technical efficiency depends on the degree of regional integration (i.e., economic and policy) of the MNEs’ home regions. This is the first study in the regional/global strategies literature to analyze the effects of HRF and regional integration (economic and policy) on firms’ technical efficiency performance. We suggest that advantages from regionalization arise when firms align their HRF strategy with the degree of regional integration; disadvantages from regionalization can arise when the two are misaligned. Our empirical analysis on a sample of 645 manufacturing Triad MNEs during 2000–2006 provides overall support for our conceptual framework.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::2d0bcd11ae565cb6a77e303181753df9 https://doi.org/10.1007/s11575-011-0127-7 Zobrazit plný text záznamu Plný text ve formátu PDF