Optimal Incentive Regulation of Multinational Enterprises

Incentive Regulation of Multinational Enterprises∗

Sectors with a long regulatory tradition have recently experienced intense activity by multinationals whose international operations and relocation threats represent a new cause for concern for regulators. The present paper analyses a multinational serving two countries and being regulated by two uninformed national authorities. The firm is shown to favor, or cross-subsidize, the country with a...

The Strategy of Korean Multinational Enterprises – Multiple versus Single plant

Using firm-level panel data for Korean MNEs, we make a distinction between being the only affiliate of a parent firm and being the one of the multiple affiliates of a parent firm. Comparisons of correlations between purchases and sales of each group of the foreign affiliates show distinctive difference in the motivations of FDI and the multinational activities, due to the difference in the numb...

Local sourcing of multinational enterprises in China

Local sourcing from indigenous firms by multinational enterprises (MNEs) is an important channel through which the former may benefit from the positive externalities generated by the latter. Employing a special survey data set covering 493 multinational subsidiaries in China for the period 1999-2005, this paper investigates the determinants of local sourcing. It is found that the extent to whic...

the strategy of korean multinational enterprises – multiple versus single plant

using firm-level panel data for korean mnes, we make a distinction between being the only affiliate of a parent firm and being the one of the multiple affiliates of a parent firm. comparisons of correlations between purchases and sales of each group of the foreign affiliates show distinctive difference in the motivations of fdi and the multinational activities, due to the difference in the numb...

Reflections on an Environmental Struggle: P&O, Dahanu and the Regulation of Multinational Enterprises