State-Owned Multinationals: Governments in Global Business (JIBS Special Collections)

Annotation This book provides a deep understanding of state-owned multinationals (SOMNCs) and their role in global business. SOMNCs have emerged as a force to contend with in global competition, and their study connects several fields such as economics, political economy, international business and global strategy. This prestigious collection of articles presents insights into the interaction between government ownership and internationalization, and aims to provoke new research approaches and insights on the topic. The book includes some of the key contributions to our understanding of these firms and new commentaries explaining how to analyze them. This book is essential reading for academics and consultants looking to gain a clearer understanding of SOMNCs and how to research them Front Matter ....Pages i-xiv State-Owned Multinationals: An Introduction (Alvaro Cuervo-Cazurra)....Pages 1-6 Front Matter ....Pages 7-7 The Evolution of State-Owned Multinational Enterprise Theory (Yair Aharoni)....Pages 9-44 The International Aspects of State-Owned Enterprises (Raymond Vernon)....Pages 45-56 European Government-Controlled Enterprises: Explaining International Strategic and Policy Decisions (Renato Mazzolini)....Pages 57-72 Front Matter ....Pages 73-73 Exploring the Role of Government Involvement in Outward FDI from Emerging Economies (Chengqi Wang, Junjie Hong, Mario Kafouros, Mike Wright)....Pages 75-109 State Ownership Effect on Firms’ FDI Ownership Decisions Under Institutional Pressure: A Study of Chinese Outward-Investing Firms (Lin Cui, Fuming Jiang)....Pages 111-144 Toward Resource Independence – Why State-Owned Entities Become Multinationals: An Empirical Study of India’s Public R&D Laboratories (Prithwiraj Choudhury, Tarun Khanna)....Pages 145-173 Varieties in State Capitalism: Outward FDI Strategies of Central and Local State-Owned Enterprises from Emerging Economy Countries (Ming Hua Li, Lin Cui, Jiangyong Lu)....Pages 175-210 Overcoming Distrust: How State-Owned Enterprises Adapt their Foreign Entries to Institutional Pressures Abroad (Klaus E. Meyer, Yuan Ding, Jing Li, Hua Zhang)....Pages 211-251 Front Matter ....Pages 253-253 State-Owned Enterprises as Multinationals: Theory and Research Directions (Aldo Musacchio, Sergio G. Lazzarini)....Pages 255-276 Back Matter ....Pages 277-280 Alvaro Cuervo-cazurra, Editor. Includes Bibliographical References And Index.