Multinational Corporation Subsidiaries In China: An Empirical Study Of Growth And Development Strategy (chandos Asian Studies Series)

This comprehensive study examines the global strategies of multinational corporations (MNCs), the strategic evolution and the categories of their subsidiaries in China based on 150 MNCs. It is the first large-scale project of this nature to be conducted. The research has significant bearing on strategic planning for firms that have set up, are setting up or are planning to establish subsidiaries in China, and the firms that try to compete in the global marketplace. The findings are significant for the West, owing to the current economic crisis and the need to determine if subsidiary expansion strategies will help Western firms achieve the portfolio effects in operations and avoid the harmful impact of macro events such as the existing global financial crisis. Additional empirical findings, analysis, discussions, and suggestions for future studies are also presented. Systemically reviews and summarizes the latest theories about MNCs' subsidiaries, analyzing the four main streams of research schools Uses first-hand data from MNCs' subsidiaries of more than 20 industries from more than 10 countries including: USA, Japan, South Korea, and the European Union by way of two rounds of studies in 2001 and 2006 Analyzes strategic evolvement models and evolution trends of subsidiaries of MNCs in China This book studies the global strategies of multinational corporations (MNCs), the strategic evolution and the categories of their subsidiaries in China based on 150 MNCs' subsidiaries in China, the first large-scale project of this nature ever. The research has significant bearing on strategic planning for both firms that have set up, are setting up or are planning to establish subsidiaries in China and firms that try to compete in global. The findings are likewise significant for the West owing to the current economic crisis and the need determine if subsidiary expansion strategies will help Western firms achieve the portfolio effects in operations and avoid the deleterious impact of macro events such as the existing global financial crisis. This book is one of the two volumes designed to culminate the project with the subsequent volume, entitled "MNC Subsidiaries in China: Roles and Analysis", based more on empirical findings, analysis, discussions, and suggestions for future studies. This title is written for the first time based on first hand data from MNCs subsidiaries of more than 20 industries from more than 10 countries including US, Japan, South Korea, EU etc., through two rounds of studies in 2001 and 2006; systemically reviews and summarizes the latest theories about MNCs subsidiaries and analyzing the four main streams of research schools. Readership includes: Scholars with research interests in global management; practitioners, including consultants, managers of multinationals, Chinese managers, government policy makers, members of international organizations, with an interest in conducting business in China. Contents includes: background, theoretical and practical significance; reviews and summarizations of historical perspectives; theoretical models of the comparative research on the growing and developing strategies of the MNCs' subsidiaries in China; and, growing and developing strategies of the MNCs' subsidiaries in China Annotation This comprehensive study examines the global strategies of multinational corporations (MNCs), the strategic evolution and the categories of their subsidiaries in China based on 150 MNCs. It is the first large-scale project of this nature to be conducted. The research has significant bearing on strategic planning for firms that have set up, are setting up or are planning to establish subsidiaries in China, and the firms that try to compete in the global marketplace. The findings are significant for the west owing to the current economic crisis and the need to determine if subsidiary expansion strategies will help western firms achieve the portfolio effects in operations and avoid the harmful impact of macro events such as the existing global financial crisis. Additional empirical findings, analysis, discussions, and suggestions for future studies are also presented Content: Front matter , Pages i-iii,v Copyright , Page vi List of figures and tables , Pages ix-xv About the authors , Pages xvii-xviii 1 - Introduction , Pages 3-9 2 - Conceptual building blocks , Pages 11-18 3 - Theoretical background , Pages 21-79 4 - Empirical research on growth and development strategy , Pages 81-87 5 - Strategic intent: investment and competitive factors , Pages 91-135 6 - Corporate and functional strategies , Pages 137-190 7 - Conclusions , Pages 193-224 References , Pages 225-236 Index , Pages 237-245