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The Transnational Company After Globalisation

Toporowski, Jan (2010) 'The Transnational Company After Globalisation.' Futures, 42 (9). pp. 920-925.

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Abstract

International capital market integration has facilitated the rise of a new kind of ‘financially-enhanced’ transnational. The mode of operation of the financially-enhanced transnational corporation is compared with that of the more traditional production-orientated multinational company. The paper discusses the breakdown of globalisation into a new regionalisation in the international financial system, and the spreading macroeconomic crisis in the major industrialised economies. It argues that new financing constraints will freeze the current structure of international business. The crisis reveals finance as the key enabler and feature of international business.

Item Type: Articles
Keywords: Multinational companies Globalisation Corporate Finance
SOAS Departments & Centres: Faculty of Law and Social Sciences > Department of Economics
ISSN: 00163287
DOI (Digital Object Identifier): 10.1016/j.futures.2010.08.025
Depositing User: Jan Toporowski
Date Deposited: 13 Mar 2012 14:27
URI: http://eprints.soas.ac.uk/id/eprint/13278

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