Tony Elger and Chris Smith
- Published in print:
- 2005
- Published Online:
- September 2007
- ISBN:
- 9780199241514
- eISBN:
- 9780191714405
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199241514.003.0006
- Subject:
- Business and Management, International Business
This chapter examines the construction of new production spaces for foreign firms through the clustering of inward investment within one locality. It examines the roles of pre-existing institutional ...
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This chapter examines the construction of new production spaces for foreign firms through the clustering of inward investment within one locality. It examines the roles of pre-existing institutional legacies, national and local state policies, individual enterprise strategies, and the responses of trade unions and workers in the construction and reconstruction of one such production space at Telford in the English Midlands, the town with the highest concentration of Japanese investment in Britain. Close and cooperative relationships between Japanese firms have helped to set ‘the rules of the game’ for many aspects of worker-management relations, including union avoidance, making the cluster and the locality key influences on internal factory regimes. This has reinforced an emphasis on lowly paid machining and assembly work, but managers have still faced important constraints and challenges on these greenfield sites. This is the setting for most of the case-study subsidiaries discussed in the book.Less
This chapter examines the construction of new production spaces for foreign firms through the clustering of inward investment within one locality. It examines the roles of pre-existing institutional legacies, national and local state policies, individual enterprise strategies, and the responses of trade unions and workers in the construction and reconstruction of one such production space at Telford in the English Midlands, the town with the highest concentration of Japanese investment in Britain. Close and cooperative relationships between Japanese firms have helped to set ‘the rules of the game’ for many aspects of worker-management relations, including union avoidance, making the cluster and the locality key influences on internal factory regimes. This has reinforced an emphasis on lowly paid machining and assembly work, but managers have still faced important constraints and challenges on these greenfield sites. This is the setting for most of the case-study subsidiaries discussed in the book.
Bruce Blonigen and Cheyney O’Fallon
- Published in print:
- 2013
- Published Online:
- May 2014
- ISBN:
- 9780262019743
- eISBN:
- 9780262314473
- Item type:
- chapter
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262019743.003.0005
- Subject:
- Economics and Finance, International
The authors argue that both IE and IB have overlooked the relation between foreign firms and local communities. They show, inter alia, that foreign- owned firms differ substantially from domestically ...
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The authors argue that both IE and IB have overlooked the relation between foreign firms and local communities. They show, inter alia, that foreign- owned firms differ substantially from domestically owned firms in their local philanthropy: foreign firms give less.Less
The authors argue that both IE and IB have overlooked the relation between foreign firms and local communities. They show, inter alia, that foreign- owned firms differ substantially from domestically owned firms in their local philanthropy: foreign firms give less.
- Published in print:
- 2010
- Published Online:
- June 2013
- ISBN:
- 9780804771535
- eISBN:
- 9780804775144
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771535.003.0006
- Subject:
- Political Science, International Relations and Politics
This chapter examines the environmental behavior of foreign firms in China based on the results of a survey conducted in Jiangsu Province during the fall of 2005. It argues that foreign-invested ...
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This chapter examines the environmental behavior of foreign firms in China based on the results of a survey conducted in Jiangsu Province during the fall of 2005. It argues that foreign-invested enterprises, particularly those which are foreign-controlled, display better environmental behavior than domestic firms and are often “beyond compliance” in their environmental behavior. The analysis reveals that foreign firms are indistinguishable from domestic enterprises in terms of their environmental behavior and that, from the perspective of firm strategy and practice, there is little evidence for a widespread pollution-haven phenomenon in China.Less
This chapter examines the environmental behavior of foreign firms in China based on the results of a survey conducted in Jiangsu Province during the fall of 2005. It argues that foreign-invested enterprises, particularly those which are foreign-controlled, display better environmental behavior than domestic firms and are often “beyond compliance” in their environmental behavior. The analysis reveals that foreign firms are indistinguishable from domestic enterprises in terms of their environmental behavior and that, from the perspective of firm strategy and practice, there is little evidence for a widespread pollution-haven phenomenon in China.
Jens Suedekum
- Published in print:
- 2011
- Published Online:
- August 2013
- ISBN:
- 9780262016018
- eISBN:
- 9780262298650
- Item type:
- chapter
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262016018.003.0009
- Subject:
- Political Science, Political Economy
In this chapter the author turns to a model that reflects on the competition between domestic and foreign firms, which produce differentiated commodities, in the domestic market. There are two ...
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In this chapter the author turns to a model that reflects on the competition between domestic and foreign firms, which produce differentiated commodities, in the domestic market. There are two domestic firms and one foreign firm that compete in Bertrand fashion. The model, which also measures economic patriotism, presents a scenario where there can either be a domestic merger that creates a national champion or an acquisition of one of the domestic firms by a competent foreign rival. Growth of the national champions or foreign enterprises in equal balance depends on the level of trade openness and the attitude of the government. If the government is open and not biased against foreign takeover of the national firms, it is possible that globalization would make it possible for the foreign firm to acquire the national firm. Cross-border mergers are possible in the event of trade integration.Less
In this chapter the author turns to a model that reflects on the competition between domestic and foreign firms, which produce differentiated commodities, in the domestic market. There are two domestic firms and one foreign firm that compete in Bertrand fashion. The model, which also measures economic patriotism, presents a scenario where there can either be a domestic merger that creates a national champion or an acquisition of one of the domestic firms by a competent foreign rival. Growth of the national champions or foreign enterprises in equal balance depends on the level of trade openness and the attitude of the government. If the government is open and not biased against foreign takeover of the national firms, it is possible that globalization would make it possible for the foreign firm to acquire the national firm. Cross-border mergers are possible in the event of trade integration.
Ling Chen and Ling Chen
- Published in print:
- 2018
- Published Online:
- January 2019
- ISBN:
- 9781503604797
- eISBN:
- 9781503605695
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9781503604797.003.0004
- Subject:
- Political Science, Political Economy
This chapter delves into the coalitional politics of policy making and resource allocation by investigating strategies of city government officials. The chapter examines the patterns of bureaucratic ...
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This chapter delves into the coalitional politics of policy making and resource allocation by investigating strategies of city government officials. The chapter examines the patterns of bureaucratic competition between international commerce departments and newly emerged domestic technology departments and their respective business clients, including foreign and domestic firms. I explain the influence of FDI attraction on domestic politics by showing (1) how the overlap between FIEs and exporters shaped the degree of perceived threat and the cohesiveness of the vested interests in international commerce under the rule of fragmented bureaucratic competition and (2) how the existence of large foreign firms strengthened the bargaining power of the vested interest bureaucrats against allocating resources to the domestic technology coalition. The direction and the magnitude of foreign influence, therefore, is filtered and channeled through local bureaucracy.Less
This chapter delves into the coalitional politics of policy making and resource allocation by investigating strategies of city government officials. The chapter examines the patterns of bureaucratic competition between international commerce departments and newly emerged domestic technology departments and their respective business clients, including foreign and domestic firms. I explain the influence of FDI attraction on domestic politics by showing (1) how the overlap between FIEs and exporters shaped the degree of perceived threat and the cohesiveness of the vested interests in international commerce under the rule of fragmented bureaucratic competition and (2) how the existence of large foreign firms strengthened the bargaining power of the vested interest bureaucrats against allocating resources to the domestic technology coalition. The direction and the magnitude of foreign influence, therefore, is filtered and channeled through local bureaucracy.
Florian Mayneris and Sandra Poncet
- Published in print:
- 2013
- Published Online:
- May 2014
- ISBN:
- 9780262019743
- eISBN:
- 9780262314473
- Item type:
- chapter
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262019743.003.0007
- Subject:
- Economics and Finance, International
The authors show that domestic firms can benefit from the local presence of foreign exporting firms. This illustrated for Chinese firms.
The authors show that domestic firms can benefit from the local presence of foreign exporting firms. This illustrated for Chinese firms.
- Published in print:
- 2010
- Published Online:
- June 2013
- ISBN:
- 9780804771535
- eISBN:
- 9780804775144
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771535.003.0003
- Subject:
- Political Science, International Relations and Politics
This chapter explores the legal and regulatory framework that polices the environmental protection aspects of foreign direct investment (FDI) in China. It describes how the legal regime governing ...
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This chapter explores the legal and regulatory framework that polices the environmental protection aspects of foreign direct investment (FDI) in China. It describes how the legal regime governing environmental aspects of FDI has developed over time and investigates how the Chinese central government responded to the need to regulate the environmental behavior of foreign firms. The analysis indicates that China has made steady progress in its governance of FDI, with momentum gathering particularly in the latter half of the 1990s, and that there is little evidence that the quest for FDI is turning China into a pollution haven.Less
This chapter explores the legal and regulatory framework that polices the environmental protection aspects of foreign direct investment (FDI) in China. It describes how the legal regime governing environmental aspects of FDI has developed over time and investigates how the Chinese central government responded to the need to regulate the environmental behavior of foreign firms. The analysis indicates that China has made steady progress in its governance of FDI, with momentum gathering particularly in the latter half of the 1990s, and that there is little evidence that the quest for FDI is turning China into a pollution haven.
Linda Yeuh
- Published in print:
- 2011
- Published Online:
- April 2015
- ISBN:
- 9780199205837
- eISBN:
- 9780191806674
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:osobl/9780199205837.003.0008
- Subject:
- Business and Management, Political Economy
This chapter examines whether the corporate laws that transformed Chinese enterprises into shareholding corporations have mattered in generating improvements in firm performance. It reviews the ...
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This chapter examines whether the corporate laws that transformed Chinese enterprises into shareholding corporations have mattered in generating improvements in firm performance. It reviews the business environment in China after years of reform and how it is likely to evolve. The differing regimes for state-owned enterprises (SOEs) and Chinese private and foreign firms remain in some forms, but China is moving toward a unified rule of law system to govern its increasingly decentralized and marketized economy.Less
This chapter examines whether the corporate laws that transformed Chinese enterprises into shareholding corporations have mattered in generating improvements in firm performance. It reviews the business environment in China after years of reform and how it is likely to evolve. The differing regimes for state-owned enterprises (SOEs) and Chinese private and foreign firms remain in some forms, but China is moving toward a unified rule of law system to govern its increasingly decentralized and marketized economy.
Jordi Canals
- Published in print:
- 1994
- Published Online:
- October 2011
- ISBN:
- 9780198773504
- eISBN:
- 9780191695322
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198773504.003.0007
- Subject:
- Business and Management, Strategy, Finance, Accounting, and Banking
This chapter provides a structural overview of the British financial system. It notes that the UK has a long tradition as a premier financial centre and that this is a result not only of British ...
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This chapter provides a structural overview of the British financial system. It notes that the UK has a long tradition as a premier financial centre and that this is a result not only of British political leadership at the international level in the nineteenth century, but also of the liberal approach to financial regulation. However, the chapter notes that the downturn of the economy and the rise of other international financial centres have caused London to lose some of its prominence. It indicates that the financial industry's importance to the British economy is the financial institutions' contribution to foreign exchange revenue in the balance of payments, and points out that the strong presence of foreign firms has unquestionably contributed to London's role as an international financial centre.Less
This chapter provides a structural overview of the British financial system. It notes that the UK has a long tradition as a premier financial centre and that this is a result not only of British political leadership at the international level in the nineteenth century, but also of the liberal approach to financial regulation. However, the chapter notes that the downturn of the economy and the rise of other international financial centres have caused London to lose some of its prominence. It indicates that the financial industry's importance to the British economy is the financial institutions' contribution to foreign exchange revenue in the balance of payments, and points out that the strong presence of foreign firms has unquestionably contributed to London's role as an international financial centre.
- Published in print:
- 2010
- Published Online:
- June 2013
- ISBN:
- 9780804771535
- eISBN:
- 9780804775144
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771535.003.0001
- Subject:
- Political Science, International Relations and Politics
This introductory chapter discusses the theme of this book, which is about the impact of foreign direct investment on environmental regulation in China, and explains that China is both heavily ...
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This introductory chapter discusses the theme of this book, which is about the impact of foreign direct investment on environmental regulation in China, and explains that China is both heavily foreign-invested and polluted, and that the pollution is the result of industrial production. The book examines the development of Chinese law that regulates firm activity and controls the environmental impact of foreign direct investment, and investigates the extent to which foreign investment contributes to and undermines China's environmental regulation. It also evaluates competing assertions about the impact of foreign-firm investment on the process of environmental regulation.Less
This introductory chapter discusses the theme of this book, which is about the impact of foreign direct investment on environmental regulation in China, and explains that China is both heavily foreign-invested and polluted, and that the pollution is the result of industrial production. The book examines the development of Chinese law that regulates firm activity and controls the environmental impact of foreign direct investment, and investigates the extent to which foreign investment contributes to and undermines China's environmental regulation. It also evaluates competing assertions about the impact of foreign-firm investment on the process of environmental regulation.
Phillip Stalley
- Published in print:
- 2010
- Published Online:
- June 2013
- ISBN:
- 9780804771535
- eISBN:
- 9780804775144
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771535.001.0001
- Subject:
- Political Science, International Relations and Politics
This book takes as its focus a simple yet critical question: Does foreign direct investment lead to weakened environmental regulation, thereby turning developing countries into “pollution havens?” ...
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This book takes as its focus a simple yet critical question: Does foreign direct investment lead to weakened environmental regulation, thereby turning developing countries into “pollution havens?” The author examines the development of Chinese law governing the environmental impact of foreign investors, describes how regional competition for investment has influenced environmental regulation, and analyzes the environmental practices of foreign and Chinese companies. He finds only modest evidence that integration with the global economy has transformed China into a pollution haven. Indeed, after China opened its domestic market, the entry of foreign firms largely strengthened the environmental protection regime, including the oversight of foreign firms' environmental practices. Nevertheless, foreign firms (and the competition to lure them) have posed new challenges to controlling industrial pollution. The author identifies the conditions under which foreign investment contributes to and undermines environmental protection, offering readers a solid understanding of China's environmental challenges. He also builds on existing theory and provides hypotheses that can be tested with other developing nations.Less
This book takes as its focus a simple yet critical question: Does foreign direct investment lead to weakened environmental regulation, thereby turning developing countries into “pollution havens?” The author examines the development of Chinese law governing the environmental impact of foreign investors, describes how regional competition for investment has influenced environmental regulation, and analyzes the environmental practices of foreign and Chinese companies. He finds only modest evidence that integration with the global economy has transformed China into a pollution haven. Indeed, after China opened its domestic market, the entry of foreign firms largely strengthened the environmental protection regime, including the oversight of foreign firms' environmental practices. Nevertheless, foreign firms (and the competition to lure them) have posed new challenges to controlling industrial pollution. The author identifies the conditions under which foreign investment contributes to and undermines environmental protection, offering readers a solid understanding of China's environmental challenges. He also builds on existing theory and provides hypotheses that can be tested with other developing nations.
Dan Breznitz
- Published in print:
- 2007
- Published Online:
- October 2013
- ISBN:
- 9780300120189
- eISBN:
- 9780300153408
- Item type:
- book
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300120189.001.0001
- Subject:
- Economics and Finance, International
The 1990s brought surprising industrial development in emerging economies around the globe: firms in countries not previously known for their high-technology industries moved to the forefront in new ...
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The 1990s brought surprising industrial development in emerging economies around the globe: firms in countries not previously known for their high-technology industries moved to the forefront in new Information Technologies (IT) by using different business models and carving out unique positions in the global IT production networks. This book asks why economies of different countries develop in different ways, and the answer relies on exhaustive research into the comparative experiences of Israel, Taiwan, and Ireland—states that made different choices to nurture the growth of their IT industries. The book concludes on this point that the role of the state in economic development has changed, but it has by no means disappeared. Further the book offers a new way of thinking about state-led rapid-innovation-based industrial development that takes into account the ways production and innovation are now conducted globally. The book also offers specific guidelines to help states make advantageous decisions about research and development, relationships with foreign firms and investors, and other critical issues.Less
The 1990s brought surprising industrial development in emerging economies around the globe: firms in countries not previously known for their high-technology industries moved to the forefront in new Information Technologies (IT) by using different business models and carving out unique positions in the global IT production networks. This book asks why economies of different countries develop in different ways, and the answer relies on exhaustive research into the comparative experiences of Israel, Taiwan, and Ireland—states that made different choices to nurture the growth of their IT industries. The book concludes on this point that the role of the state in economic development has changed, but it has by no means disappeared. Further the book offers a new way of thinking about state-led rapid-innovation-based industrial development that takes into account the ways production and innovation are now conducted globally. The book also offers specific guidelines to help states make advantageous decisions about research and development, relationships with foreign firms and investors, and other critical issues.
