Theories of the Multinational Firm: A Multidimensional Creature in the Global Economy, Third Edition - Hardcover

Forsgren, Mats

Hardcover

ISBN 10: 1785367137 ISBN 13: 9781785367137

Publisher: Edward Elgar Publishing, 2017

Synopsis

Used internationally at undergraduate and postgraduate level, this highly successful textbook presents, analyses and compares six different theories of the multinational firm that have dominated the research in international business during the last four decades.

This thoroughly updated third edition acts on end-user feedback, with major revisions including:

• Chapter 1, The Multinational Firm: A Beauty or a Beast? rewritten to include recent data about foreign direct investments and multinational firms
• a discussion of entrepreneurship theories and the application of these theories of/to the multinational firm added to Chapter 4
• a new chapter developing the idea of the governing multinational.

The author discloses the basic building blocks and assumptions behind each theory covered in order to achieve a better understanding of why the multinational firm is looked upon so differently by researchers and stakeholders.

Compact and accessible, this textbook is a required resource for students of international business, international management and international economy courses.

About this title

About the Author:

Mats Forsgren, Department of Business Studies, Uppsala University, Sweden

Review:

'The latest edition of this well-known book retains all that was in the previous edition and adds some new material. The most significant addition is a new chapter that describes an emerging perspective of the political power and governing influence that multinational companies (MNCs) and their top managers are increasingly exerting in today's world. All of the contextual data about international business and MNCs is also updated to 2015. The core of the book remains the six important theoretical perspectives of the MNC, which are discussed at length in separate chapters and compared. Why MNCs exist, how they compete, and their impact on society are the big, eternal questions that are addressed. The book can be read and understood at multiple levels, from learning what each theory is about to appreciating the more subtle implications of their differences for firms and society. I still find this the most thorough and inviting book for understanding the various theories of the MNC and thinking about the role of MNCs in today's world.' --William G. Egelhoff, Fordham University, US

About this edition

• Publisher: Edward Elgar Publishing
• Publication date: 2017
• ISBN 10: 1785367137
• ISBN 13: 9781785367137
• Binding: Hardcover
• Edition number: 3
• Number of pages: 232