Establishing How MNCs Are Defined: A Response to the Regional/Global Debate
This chapter addresses the degree of internationalisation (DOI) of firms over time. The objective is to assess classification methods that are used to define MNCs and advance the area of research that explores whether firms are more regional or global. The analysis is based on a longitudinal data set of a sample of 88 firms from the Fortune 500 for the period 1990–2010. Findings reveal that different models used to measure DOI of firms result in the same firm being classified in different ways as a consequence of different definitions of firm multinationality . The implication is that regionalisation and other classifications of firms are a function of the nature of the classification system used.
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