TY - JOUR
T1 - Exploring the impact of institutional and organizational factors on the reaction of MNCs to the global financial crisis
AU - Boyle, Brendan
AU - McDonnell, Anthony
PY - 2013/2/8
Y1 - 2013/2/8
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-84877924588&partnerID=8YFLogxK
U2 - 10.1080/13602381.2013.767639
DO - 10.1080/13602381.2013.767639
M3 - Article
AN - SCOPUS:84877924588
SN - 1360-2381
VL - 19
SP - 247
EP - 265
JO - Asia Pacific Business Review
JF - Asia Pacific Business Review
IS - 2
ER -