Transnational Corporations and Transnational Governance

By: Sarianna Lundan

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Synopsis: Expanding the economic footprint of the firm comes at the cost of a corresponding increase in the complexity of coordination. Transnational Corporations and Transnational Governance examines the different kinds of distance-related barriers related to cross-border investment. Different forms of governance, whether inside the firm or as part of its network of external relationships, have the aim of reducing uncertainty and creating a more predictable environment. The chapters in this volume explore the impact of conventional distance-related barriers, as well as the more difficult institutional barriers reflecting differences in norms and beliefs, on the costs and methods of coordination adopted by multinational firms.