- List of Figures
- List of Tables
- List of Contributors
- Texts and Times Mapping the Changing Study of Work and Organizations
- Labor Markets and Flexibility
- Organizations and the Intersection of Work and Family: A Comparative Perspective
- Gender, Race, and the Restructuring of Work: Organizational and Institutional Perspectives
- Skill Formation Systems
- Technology and the Transformation of Work
- Groups, Teams, and the Division of Labor: Interdisciplinary Perspectives on the Organization of Work
- Introduction: Unmanageable Capitalism?
- The Diffusion and Domestication of Managerial Innovations: The Spread of Scientific Management, Quality Circles, and TQM between the United States and Japan
- Managers, Markets, and Ideologies: Design and Devotion Revisited
- Human Resource Management
- Knowledge Management
- Industrial Relations and Work
- Labor Movements and Mobilization
- Resistance, Misbehavior, and Dissent
- Manual Workers: Conflict and Control
- Service Workers in Search of Decent Work
- What we know (And Mostly Don't Know) about Technical Work
- The Changing Nature of Professional Organizations
- Ports and Ladders: The Nature and Relevance of Internal Labor Markets in a Changing World
- Introduction: The Reorganised Economy
- Organizations and Organized Systems: From Direct Control to Flexibility
- Interfirm Relations as Networks
- Changes in the Organization of Public Services and their Effects on Employment Relations
- Understanding Multinational Corporations
- Corporate Restructuring
- Beyond Convergence and Divergence: Explaining Variations in Organizational Practices and Forms
Abstract and Keywords
In this article, the issues that have captured the attention of researchers in multinational corporations (MNC) are discussed and the emerging research agenda is laid out. The first part focuses on understanding the history, and contemporary scale and significance of multinationals as economic actors. The second part considers influential theoretical approaches to the MNC offering different accounts of why they exist. Two opposing perspectives are distinguished, the economic and the political. In the past, there was a rigid divide between these but, increasingly, researchers are using elements of both perspectives to understand the dynamics of multinationals. The crucial additional feature here is the importation of insights from institutionalist literature on the relationship between firms and national contexts. The third part of this article therefore reviews how research deriving from an institutionalist perspective complements existing approaches by directing attention to the social embeddedness of multinationals and their subsidiaries.
Glenn Morgan is Professor of International Management at Cardiff Business School. His research interests concern the impact of globalization on institutions, multinationals, and governance and how this relates to changes in the organization of capitalism as a global economic system. He has published in a range of international journals such as Organization Studies, Journal of Management Studies, Human Relations, Economy and Society, and Organization. Recent books include Paul du Gay and Glenn Morgan (eds) (2013) New Spirits of Capitalism? Crises, Justifications and Dynamics, Glenn Morgan and Richard Whitley (eds) (2012) Capitalisms and Capitalism in the Twenty First Century, Glenn Morgan et al. (eds) (2010) The Oxford Handbook of Comparative Institutional Analysis.
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