With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in <i>The New Industrial State</i>, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest...

One of the important changes of the 1986 tax reform for U.S. multinationals is related to the allocation of interest expense. Prior to 1986, U.S. companies allocated domestic interest expense to the income of foreign affiliates on a non-consolidated basis according to the distribution of gross...

We use information from the tax returns of U.S. multinational corporations to address three questions related to tax competition. First, does tax competition or company tax planning behavior better explain recent decreases in the local effective tax rates faced by U.S. multinationals investing...

The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using different econometric techniques for a data sample of 83 developing countries and the period 1984 to 2003, we identify those indicators that matter most for the activities of...

This paper discusses global managers in the context of globalisation. Do global managers exist? If so, how? In order to understand the relationship between managers, globalisation and corporations initially, some groundwork is laid. First, an overview of globalisation is presented. Next, a view...

This paper examines the extent to which multinational firms operating in the United States, through their locational investments, prefer more rural states over more urban states. Using state-level data for 2000 and using OLS, it was determined that such firms do prefer more rural states....

This study is concerned with Foreign Direct Investment (FDI) and economic growth across the world for the period 1991–2001. This article produces fresh empirical evidence on the relation between FDI and economic growth obtained from single-equation and simultaneous-equation estimates for...

Drawing on previous works in the knowledge management literature, this paper aims at highlighting a number of human-related factors that have to be taken into consideration in the design of an efficient Revenue Management (RM) system. These factors are identified by considering the case of the...

The paper addresses the nature and role of US-based firms in a globalised economy. The role of the firm is examined in the context of various forms of American capitalism. The paper begins with an examination of the reason for the existence of the firm with a focus on the evolutionary aspects of...