Firm growth in multinational corporate groups

Multinational Corporations: Corporate Social

The aim of this paper is to identify contribution from MNCs from Australia in Thailand in the form of corporate social responsibility (CSR). The key focus is given to the analysis of CSR activities from MNCs in an effort to fight poverty in Thailand. Secondary data was collected from two MNCs in Thailand. The results of this study identify two key themes: (1) climate change and poverty, and (2)...

Firm Risk , Corporate Governance and Firm Performance

Tosi and Gomez-Mejia, (1989) suggest that the challenge of corporate governance is to set up supervisory and incentive alignment mechanisms that alter the risk and effort orientation of agents to align them with the interests of principals. Therefore, the objective of this study is to determine the efficiency of monitoring and incentive contracts given certain characteristics of the firm. That ...

Corporate Governance: Effects on Firm Performance and Economic Growth

The Theory of the Multinational Firm

This paper sketches a view of the multinational enterprise (MNE) based on the evolving literature of the past three decades. It suggests that a multifaceted view, similar in spirit to the perspective of Dunning (1977), offers the most useful approach to understanding the activities of MNEs. Before presenting this view, the state of development of our thinking about MNEs is discussed, and the ma...

Dividend Policy inside the Multinational Firm

Three factors significantly influence profit repatriations by U.S. multinational firms: tax considerations, domestic financing and investment needs, and agency problems inside firms. Dividend repatriations are surprisingly persistent and resemble dividend payments to external shareholders. Tax considerations are influential but not decisive. Affiliates whose organizational forms carry differing...