Politics and Power in the Multinational Corporation: The Role of Institutions, Interests and Identities

The current financial and economic crisis has negatively underlined the vital role of multinational companies (MNCs) in our daily lives. The breakdown and crisis of flagship MNCs, such as Enron, WorldCom, Lehman Brothers, Toyota and General Motors, does not merely reveal the problems of corporate malfeasance and market dysfunction. It also raises important questions, both for the public and the academic community, about the use and misuse of power by MNCs in the wider society, as well as the exercise of power by key actors within internationally operating firms. This book examines how issues of power and politics affect MNCs at three different levels; the macro-level, the meso-level and the micro-level. This wide-ranging analysis shows not only that power matters but also how and why it matters, pointing to the political interactions of key power holders and actors within the MNC, both managers and employees.

We typically see multinationals as monolithic organisations but, like any institution in society, they are not. They are geographically, socially, culturally and institutionally diverse. This 2011 book examines this complexity, focusing on issues of politics and power, an underdeveloped area of study in mainstream analyses of multinational corporations.