Toporowski, Jan (2010) 'The Transnational Company After Globalisation.' Futures, 42 (9). pp. 920-925.
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: | Journal Article |
|---|---|
| Keywords: | Multinational companies Globalisation Corporate Finance |
| SOAS Departments & Centres: | Departments and Subunits > Department of Economics Legacy Departments > Faculty of Law and Social Sciences > Department of Economics |
| ISSN: | 00163287 |
| DOI (Digital Object Identifier): | https://doi.org/10.1016/j.futures.2010.08.025 |
| Date Deposited: | 13 Mar 2012 14:27 |
| URI: | https://eprints.soas.ac.uk/id/eprint/13278 |
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