Exploring the impact of institutional and organizational factors on the reaction of MNCs to the global financial crisis

Title: Exploring the impact of institutional and organizational factors on the reaction of MNCs to the global financial crisis
Creator: Boyle, Brendan; McDonnell, Anthony
Relation: Australian Research Council.DP120103071
Relation: Asia Pacific Business Review Vol. 19, Issue 2, p. 247-265
Publisher Link: http://dx.doi.org/10.1080/13602381.2013.767639
Publisher: Taylor & Francis
Resource Type: journal article
Date: 2013
Description: This paper analyses some of the factors that impact multinational companies' (MNCs) reaction to the global financial crisis. This paper reports the results from a large-scale study of its impact on MNCs in Australia, considering occurrences of site closures, offshoring, outsourcing, labour force reductions, reductions in working hours, salary reductions, and reductions in training and travel. Evidence showed that MNC reactions varied according to certain institutional and organizational effects. For example, MNCs originating from liberal-market economies are more likely to have offshored and outsourced production and reduced employment. The implications for understanding of MNC behaviour are discussed.
Subject: global financial crisis; liberal and coordinated market economies; multinational companies
Identifier: http://hdl.handle.net/1959.13/1063428
Identifier: uon:17276
Identifier: ISSN:1360-2381
Language: eng
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