Global business and economics: towards a theory of the multinational corporation
by Anthony B. Lumby
Global Business and Economics Review (GBER), Vol. 3, No. 1, 2001

Abstract: Two of the outstanding features of the growth of the international economy have been the extraordinary expansion of foreign direct investment (FDI) and the multinational corporation (MNC). In attempting to explain these phenomena, it is argued that the growth of FDI and MNCs are more easily understood when located in historical context. Accordingly, the major theoretical developments in explaining MNCs are outlined against the background of the rapid expansion in FDI during the twentieth century. It is concluded that different theoretical perspectives enjoy strong explanatory power at different times, and therefore the development of a single, overarching theory to explain the growth of FDI and MNCs may be beyond our reach.

Online publication date: Mon, 07-Feb-2005

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the Global Business and Economics Review (GBER):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com