Recent theories of the multinational corporation introduce the property rights model of the firm and examine whether to integrate or outsource firm activities locally or to a foreign country. This paper focuses instead on the internal organization of the multinational corporation by examining...

Recent years have witnessed an enormous amount of reorganization of the corporate sector in the United States and Europe. This article examines the role of market competition in this trend of corporate reorganization. We find that, at intermediate levels of competition, the CEO of the...

Many experts have identified globalization as the new way in which firms organize their activities and the emergence of talent as the new stakeholder in the firm. This paper examines the role of trade integration in the changing nature of the corporation. International trade leads to a ’war...

Globalization has been identified by many experts as a new way firms organize their activities. This paper surveys recent work that examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international...

Crisis Issue: The papers in this title have been written in response to the global financial and economic crisis that has been ongoing since Summer 2007. Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Economic Policy has earned a...

Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. They examine the key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level Provides up-to-date...