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MULTINATIONAL CORPORATIONS AND FOREIGN DIRECT INVESTMENT: By Stephen D. Cohen VG
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Specificaties
- Objectstaat
- Heel goed
- Opmerkingen van verkoper
- ISBN-10
- 0195179366
- Publication Name
- Oxford University Press
- Type
- Paperback
- ISBN
- 9780195179361
- Book Title
- Multinational Corporations and Foreign Direct Investment : Avoiding Simplicity, Embracing Complexity
- Publisher
- Oxford University Press, Incorporated
- Item Length
- 6.1 in
- Publication Year
- 2007
- Format
- Trade Paperback
- Language
- English
- Illustrator
- Yes
- Item Height
- 0.7 in
- Genre
- Business & Economics
- Topic
- International / General, Government & Business, Investments & Securities / General
- Item Weight
- 19.7 Oz
- Item Width
- 9.2 in
- Number of Pages
- 384 Pages
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Product Identifiers
Publisher
Oxford University Press, Incorporated
ISBN-10
0195179366
ISBN-13
9780195179361
eBay Product ID (ePID)
56917356
Product Key Features
Book Title
Multinational Corporations and Foreign Direct Investment : Avoiding Simplicity, Embracing Complexity
Number of Pages
384 Pages
Language
English
Topic
International / General, Government & Business, Investments & Securities / General
Publication Year
2007
Illustrator
Yes
Genre
Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.7 in
Item Weight
19.7 Oz
Item Length
6.1 in
Item Width
9.2 in
Additional Product Features
Intended Audience
Trade
LCCN
2006-010605
Dewey Edition
22
Reviews
"Professor Cohen has written a masterly and exceptionally well balanced review of recent scholarly thinking on the role of multinational corporations in our contemporary global economy. I particularly liked his eschewing of any easy generalizations about their merits and demerits; and hisrecognition that these are likely to vary according to the motives for and types of MNC activity, and to the policies pursued by both national governments and supranational agencies. Altogether this is an eminently readable, yet intellectually satisfying volume. I warmly commend it both to studentsand teachers of international political economy and international business, and to all those interested in the economic and social challenges of globalization, and one of its chief architects viz. the MNC."--John H.Dunning, University of Reading (UK) and Rutgers University, "Stephen Cohen has produced a very comprehensive, balanced and fair view of the Multinational Corporation and FDI. He presents an intelligent, non-judgmental and honest summary of both sides of some very complex arguments and assumes that readers are intelligent enough to draw their ownconclusions. He approaches questions about the MNC and FDI from the vantage points of both theory and practice and is always careful to ground his arguments directly in the appropriate political-economic context. This is a valuable addition to the literature on the multinational firm." --Stephen J.Kobrin, The Wharton School, University of Pennsylvania, "Stressing the complexity, diversity and heterogeneity of FDI-related issues, this book carries a simple, but most appropriate message: Qualify and disaggregate, don't generalize! Those in the pro and con camps get another chance to check their priors. Those between the frontlines will findsufficient reason to remain where they are. And newcomers in the field will benefit from the balanced account of what we (don't) know about FDI to decide where in the vast middle ground to position themselves."--Peter Nunnenkamp, The Kiel Institute for the World Economy, "Professor Cohen has written a masterly and exceptionally well balanced review of recent scholarly thinking on the role of multinational corporations in our contemporary global economy. I particularly liked his eschewing of any easy generalizations about their merits and demerits; and his recognition that these are likely to vary according to the motives for and types of MNC activity, and to the policies pursued by both national governments and supranational agencies. Altogether this is an eminently readable, yet intellectually satisfying volume. I warmly commend it both to students and teachers of international political economy and international business, and to all those interested in the economic and social challenges of globalization, and one of its chief architects viz. the MNC."--John H.Dunning, University of Reading (UK) and Rutgers University"Stephen Cohen has produced a very comprehensive, balanced and fair view of the Multinational Corporation and FDI. He presents an intelligent, non-judgmental and honest summary of both sides of some very complex arguments and assumes that readers are intelligent enough to draw their own conclusions. He approaches questions about the MNC and FDI from the vantage points of both theory and practice and is always careful to ground his arguments directly in the appropriate political-economic context. This is a valuable addition to the literature on the multinational firm." --Stephen J. Kobrin, The Wharton School, University of Pennsylvania"Stephen D. Cohen's Multinational Corporations and Foreign Direct Investment accomplishes exactly what it aims to do--avoid simplicity, and embrace complexity. Carefully nuanced chapters take both beginners and advanced practitioners through the spectrum of controversial issues about the most powerful international companies in the world."--Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University"Stressing the complexity, diversity and heterogeneity of FDI-related issues, this book carries a simple, but most appropriate message: Qualify and disaggregate, don't generalize! Those in the pro and con camps get another chance to check their priors. Those between the frontlines will find sufficient reason to remain where they are. And newcomers in the field will benefit from the balanced account of what we (don't) know about FDI to decide where in the vast middle ground to position themselves."--Peter Nunnenkamp, The Kiel Institute for the World Economy, "Stephen D. Cohen's Multinational Corporations and Foreign Direct Investment accomplishes exactly what it aims to do-- avoid simplicity, and embrace complexity. Carefully nuanced chapters take both beginners and advanced practitioners through the spectrum of controversial issues about the mostpowerful international companies in the world."--Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University, "Professor Cohen has written a masterly and exceptionally well balanced review of recent scholarly thinking on the role of multinational corporations in our contemporary global economy. I particularly liked his eschewing of any easy generalizations about their merits and demerits; and his recognition that these are likely to vary according to the motives for and types of MNC activity, and to the policies pursued by both national governments and supranational agencies. Altogether this is an eminently readable, yet intellectually satisfying volume. I warmly commend it both to students and teachers of international political economy and international business, and to all those interested in the economic and social challenges of globalization, and one of its chief architects viz. the MNC."--John H.Dunning, University of Reading (UK) and Rutgers University "Stephen Cohen has produced a very comprehensive, balanced and fair view of the Multinational Corporation and FDI. He presents an intelligent, non-judgmental and honest summary of both sides of some very complex arguments and assumes that readers are intelligent enough to draw their own conclusions. He approaches questions about the MNC and FDI from the vantage points of both theory and practice and is always careful to ground his arguments directly in the appropriate political-economic context. This is a valuable addition to the literature on the multinational firm." --Stephen J. Kobrin, The Wharton School, University of Pennsylvania "Stephen D. Cohen'sMultinational Corporations and Foreign Direct Investmentaccomplishes exactly what it aims to do--avoid simplicity, and embrace complexity. Carefully nuanced chapters take both beginners and advanced practitioners through the spectrum of controversial issues about the most powerful international companies in the world."--Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University "Stressing the complexity, diversity and heterogeneity of FDI-related issues, this book carries a simple, but most appropriate message: Qualify and disaggregate, don't generalize! Those in the pro and con camps get another chance to check their priors. Those between the frontlines will find sufficient reason to remain where they are. And newcomers in the field will benefit from the balanced account of what we (don't) know about FDI to decide where in the vast middle ground to position themselves."--Peter Nunnenkamp, The Kiel Institute for the World Economy, "Professor Cohen has written a masterly and exceptionally well balanced review of recent scholarly thinking on the role of multinational corporations in our contemporary global economy. I particularly liked his eschewing of any easy generalizations about their merits and demerits; and his recognition that these are likely to vary according to the motives for and types of MNC activity, and to the policies pursued by both national governments and supranational agencies. Altogether this is an eminently readable, yet intellectually satisfying volume. I warmly commend it both to students and teachers of international political economy and international business, and to all those interested in the economic and social challenges of globalization, and one of its chief architects viz. the MNC."--John H.Dunning, University of Reading (UK) and Rutgers University "Stephen Cohen has produced a very comprehensive, balanced and fair view of the Multinational Corporation and FDI. He presents an intelligent, non-judgmental and honest summary of both sides of some very complex arguments and assumes that readers are intelligent enough to draw their own conclusions. He approaches questions about the MNC and FDI from the vantage points of both theory and practice and is always careful to ground his arguments directly in the appropriate political-economic context. This is a valuable addition to the literature on the multinational firm." --Stephen J. Kobrin, The Wharton School, University of Pennsylvania "Stephen D. Cohen's Multinational Corporations and Foreign Direct Investment accomplishes exactly what it aims to do--avoid simplicity, and embrace complexity. Carefully nuanced chapters take both beginners and advanced practitioners through the spectrum of controversial issues about the most powerful international companies in the world."--Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University "Stressing the complexity, diversity and heterogeneity of FDI-related issues, this book carries a simple, but most appropriate message: Qualify and disaggregate, don't generalize! Those in the pro and con camps get another chance to check their priors. Those between the frontlines will find sufficient reason to remain where they are. And newcomers in the field will benefit from the balanced account of what we (don't) know about FDI to decide where in the vast middle ground to position themselves."--Peter Nunnenkamp, The Kiel Institute for the World Economy
Dewey Decimal
332.67314
Synopsis
Stephen Cohen's innovative approach to multinational corporations and foreign direct investment is to highlight the heterogeneity of, and examine with unprecedented thoroughness, these two functions. Until now, they have all too frequently been written off through overly simplified advocacy as either "good" or "bad." This book impartially examines both sides of an important debate in a clear, non-technical, and objective manner., Foreign direct investment (FDI) and multinational corporations (MNCs)--for better and worse--play a large and growing role in shaping our world. The integrating thesis of this book is the inevitability of heterogeneity in FDI and MNCs and, accordingly, the imperative of disaggregation. Large companies doing business on a global basis increasingly dominate the production and marketing of the world's goods and services. The importance of these companies continues to grow while the debate about their nature and effects remains mired in a long-standing stalemate couched in strong black and white terms. Stephen D. Cohen seeks to reconcile this impasse by analyzing multinational corporations and foreign direct investment in an eclectic, nuanced manner. The core thesis is that an accurate understanding of the nature and impact of these phenomena comes from acknowledging the dominance of heterogeneity, perceptions, and ambiguity and the paucity of universal truths. This approach should contribute significantly to both a better academic understanding and a more productive policy debate of an increasingly important element of the world economy., The integrating thesis of this study is the inevitability of heterogeneity in FDI and MNCs and, accordingly, the imperative of disaggregation. Nuance is too pervasive to permit many valid generalizations. This leads to a hardly earth-shattering, but surprisingly infrequently-offered conclusion that FDI, i.e. that any individual foreign-owned subsidiaries can, on balance, have a positive, negative, neutral (and/or irrelevant), or indeterminate effect. Foreign-owned subsidiaries are seldom if ever identical and need to be considered on a case by case basis according to circumstances. Hence, the phrase "it depends" is the mantra of this study. Disaggregation is an essential diagnostic tool to identify and measure the different levels of quality of MNCs subsidiaries. Most policy advocates and researchers, whatever their ideological persuasion, have failed to acknowledge the seemingly obvious: different kinds of businesses engage in different kinds of corporate activity and diverse results. The result of different input is different output. A nearly limitless number of characteristics are associated with three main variables: the nature and the effects of tens of thousands of individual foreign subsidiaries plus conditions in countries where they are located. MNCs are better described as the middlemen of change since they themselves are largely the effect of even larger phenomena, namely technological changes that restructure the international economic order. An opening exists for an even-handed, "no attitude" analysis that incorporates a methodology and viewpoint different from the thousands of books, articles, book chapters, and speeches written about MNCs and FDI. A large majority have failed to explicitly recognize how important perceptions, value judgments, ideology, and, sometimes, self-interest are in shaping discussions by both advocates and critics. People tend to view the FDI/MNC phenomena through differently configured lenses that have been individually molded by the unique mix of values and experiences that shapes our thinking. Evaluations of FDI and MNCs are prime examples of relatively oversimplified perceptions defining "truth". This book argues that a different route to understanding is needed and overdue: acknowledge the diversity and heterogeneity of phenomena that are lumped under very broad rubrics. MNCs are different by nature and therefore different in their respective mix of costs and benefits.
LC Classification Number
HG4027.5.C64 2006
Copyright Date
2006
ebay_catalog_id
4
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