Mullen, Cormac; Berrill, Jenny
December 2015
Multinational Business Review (Emerald Group Publishing Limited);2015, Vol. 23 Issue 4, p277
Academic Journal
Purpose – This paper aims to conduct a longitudinal analysis of the patterns of internationalisation of multinational corporations and provide a measure of their degree of globalisation at the firm-level. There is much debate in the literature on the regional nature of the globalisation of multinational corporations (Rugman and Oh, 2013). Design/methodology/approach – The authors use firm-level sales data to analyse the location of sales and patterns of globalisation of 1,276 companies across ten countries and ten industries from 1998-2012. Findings – The results show that while international sales are rising and the proportion of home region-oriented firms is falling, the majority of sales of the companies in our data set continues to be in the Triad, with little growth in non-Triad regions. The authors find one common theme for the majority of countries, an increase in sales to Asia yet concentrated in just four industries, financials, basic materials, oil and gas and technology. Despite an increase in the percentage of host-region, bi-regional and global companies, 62.6 per cent of the firms have not changed multinational classification over the 15-year period, 43.1 per cent have not expanded out of their home region and 16.4 per cent have not expanded out of their home market. The authors find some evidence of liabilities of interregional foreignness at the industry and country level. The authors show regional sales are moving towards matching global economic activity for the 50 most globalised firms in our study but less so for the other firms in our sample. Overall, the results show that the majority of the growth in internationalisation comes from a small minority of firms. Originality/value – The authors make several advances across the literature on internationalisation, including a more in-depth longitudinal analysis of firm-level multinationality than exists to date and a novel method of measuring firm-level globalisation.


Related Articles

  • Editor's Introduction. Brada, Josef C. // Eastern European Economics;Mar/Apr2003, Vol. 41 Issue 2, p3 

    Focuses on the spread of multinational corporations and globalization. Mechanism for incorporating the transition economies of Eastern Europe; Global economy of the Soviet Union.

  • Going global may bring new opportunities for existing customers. Wonnacott, Laura // InfoWorld;04/02/2001, Vol. 23 Issue 14, p58 

    Focuses on the opportunities for customers of globalization of companies. Predicted growth of Web users; Tip for companies planning to go global.

  • Introduction. Papadakis, Konstantinos // Cross-Border Social Dialogue & Agreements;2008, p1 

    The article discusses various reports published within the issue, including one by Dan Gallin on the key historical episodes associated with the emergence of transnational bargaining in multinational enterprises (MNEs), and another by Nikolaus Hammer on the role of international framework...

  • Corporate Codes of Conduct and the Success of Globalization. Sethi, S. Prakash // Ethics & International Affairs;2002, Vol. 16 Issue 1, p89 

    Discusses the effects of globalization on multinational corporations (MNC). Involvement of MNC in neomercantilism; Categories of the MNC responses to public concern and criticism about their role in globalization; Challenges in creation and implementation of codes of conduct.

  • EDITOR'S INTRODUCTION. Jussaume Jr., Raymond A. // International Journal of Sociology of Agriculture & Food;1999, Vol. 8, p1 

    Introduces a series of article on the role of transnational firms in the globalization of the agro-food system.

  • Global Connectivity. Bonsignore, Michael R. // Executive Excellence;Oct2000, Vol. 17 Issue 10, p6 

    Offers insights on building and managing a global corporation. Details of Honeywell Inc.'s approach to operating globally; Stakeholders that are trying to solve the problems of the global economy; Manifesto for Global Economic Engagement.

  • New Globalism: A game every multinational will have to play. O'Connor, Walter F. // Management Review;May83, Vol. 72 Issue 5, p29 

    Discusses the concept of New Globalism, which states that many of the world's basic needs cannot be met by existing organizational structures. Use of world resources with a maximum of efficiency and a minimum of waste; Emergence of political and corporate constellations that are better able to...

  • The dynamics of regional and global expansion. Asmussen, Christian Geisler; Nielsen, Bo Bernhard; Osegowitsch, Tom; Sammartino, Andre // Multinational Business Review (Emerald Group Publishing Limited);2015, Vol. 23 Issue 4, p306 

    Purpose – The purpose of this paper is to model and test the dynamics of home-regional and global penetration by multi-national enterprises (MNEs). Design/methodology/approach – Drawing on international business (IB) theory, the authors model MNEs adjusting their home-regional and...

  • A Critical Review of Theoretical Perspectives on Emerging Economy Multinationals. AYDEN, Yüksel // European Journal of Economic & Political Studies;Summer2015, Vol. 8 Issue 1, p1 

    This study provides a critical review of the mainstream (i.e. internationalization process model and eclectic paradigm) and emergent perspectives (i.e. springboard perspective and linkage, leverage, and learning model) on internationalization process of emerging economy multinational enterprises...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics