No Longer at Ease in the Old Dispensation: Reappraising the Role of International Business in the World Economy

Abstract

The papers included in this volume address the role of institutions in international business strategy and their links with the performance of firms and countries. Section 1 delves into the issues of how institutions and business strategies are intertwined, with special emphasis on socially (ir)responsible activities and corporate wrongdoing. Section 2 looks at the links between institutions and the economic performance of both firms and countries, especially in emerging market contexts. Section 3 investigates MNE subsidiary strategies and their role in host country economic development. Finally, the group of contributions that make up Section 4 concentrates on aspects such as the degree and direction of multinationality and its subsequent effects on firm performance.