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The governance of the multinational enterprise: insights from internalisation theory.
journal contribution
posted on 2023-06-08, 08:25 authored by Peter J Buckley, Roger StrangeRoger StrangeThe objectives of this paper are to outline the contribution of internalization theory to our understanding of the governance of the MNE, and to highlight aspects of the theory that we believe have received insufficient attention in the literature. In particular, we suggest two promising lines of future research. The first focuses on the internal transaction costs associated with the governance and organization of the activities within the MNE, and here we highlight the costs of information acquisition and transmission, the costs of coordination, and the costs of aligning the interests of different stakeholders within the MNE. The second addresses the implications of different assumptions about the risk propensity of the MNE.
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Publication status
- Published
Journal
Journal of Management StudiesISSN
0022-2380Publisher
Blackwell PublishingExternal DOI
Issue
2Volume
48Page range
460-470Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-02-06Usage metrics
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