Upgrading local operations for global arbitrage
| Autor: | Jan Hendrik Fisch, Bjoern Schmeisser |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Exploit
Strategy and Management 05 social sciences Geography Planning and Development Subsidiary 0211 other engineering and technologies Sales operations 02 engineering and technology 502014 Innovation research Resource (project management) Multinational corporation 502052 Betriebswirtschaftslehre 0502 economics and business Production (economics) Business Arbitrage 502003 Foreign trade 502052 Business administration 502003 Außenhandel 502014 Innovationsforschung Host (network) 050203 business & management Finance Industrial organization 021102 mining & metallurgy |
| Zdroj: | Long Range Planning. 52(4) |
| ISSN: | 1873-1872 0024-6301 |
| Popis: | This study shows that upgrading sales operations in host countries towards production allows MNCs to perform global arbitrage in their networks of foreign subsidiaries and thereby contributes to a strategy of reaping the benefits of multinationality. We predict and find that operation upgrades follow opportunities of improving resource flows in the subsidiary network to exploit the advantages of host countries in tax rates, investment incentives, and technological knowledge across borders. Performance effects on the level of the MNC network give evidence of these benefits from global arbitrage. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect