The dynamics of regional and global multinationals, 1999-2008
Abstract
Purpose: – This paper aims to analyze regional versus global activities of large firms. We assemble longitudinal data over the 1999-2008 period. Design/methodology/approach: – Sales and assets data for the Fortune 500 firms from 1999-2008 were compiled from annual reports of the firms, by triad region. The definition of the triad regions is based on international accounting standards. The classifications of firms are based upon the new metric of regional-to-total sales rather than the traditional metric of foreign-to-total sales. Findings: – In an extension of the original study of Rugman and Verbeke (2004), no trend toward globalization is found, as nearly 80 per cent of the world’s largest firms are classified as home-region oriented, and only 4 per cent are classified as global. Only a few firms change classifications over the ten-year period. Overall, the world’s largest firms average 70 per cent of their sales and 72 per cent of their assets in their home region of the triad. Originality/value: – This paper is the first one to use longitudinal data in the analysis of regional versus global firms, with ten years of data on the regional sales and assets of the world’s 500 largest firms.
Integrity signals
Registry
Cites
Statistics
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
Oh and Rugman (2014) later confirmed that firms with sales and assets evenly spread worldwide are almost absent.
“Subsequent work by Oh and Rugman (2014) confirmed the quasi-absence of global firms with evenly distributed sales and assets across the world.”
From The future of international business research on corporate globalization that never was… (2018) · cites this paper as Oh & Rugman, 2014
The citation lists haven’t been fetched yet
References 25 · Cited by 40
- Authors
- Hoon Oh, C., & M. Rugman†, A.
- Venue
- The Multinational Business Review
- Publisher
- Emerald
- Published
- 2014-07-15
- Volume
- 22
- Issue
- 2
- Pages
- 108-117
- ISSN
- 1525-383X (ISSN-L)
- OpenAlex
- W1973158953
- Cited by
- 40
- References
- 25
- Citations by year
- 2025: 4 · 2024: 1 · 2023: 3 · 2022: 2 · 2021: 3 · 2020: 5 · 2019: 3 · 2018: 4 · 2017: 5 · 2016: 6 · 2015: 3 · 2014: 1
- FWCI
- 15.34
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Multinational Business Review (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Globalization, Economics, and Policies
- Social Sciences › Business, Management and Accounting › Management Information Systems › Outsourcing and Supply Chain Management
- Keywords
- multinational corporations, regionalization, globalization, Fortune 500 companies, global orientation, internationalization of firms
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
