Cited by 11Management and Organizational StudiesInternational Business and FDIElite Sociology and Global Capitalism

The Multinational Corporation as a Playing Field of Power: A Bourdieusian Approach

Delmestri, Giuseppe, Brumana, Mara·2017·Multinational Corporations and Organization Theory: Post Millennium Perspectives

Abstract

Kostova, Roth and Dacin called in 2008 for the advancement of a theoretical conception of the multinational corporation (MNC) that takes into account both power relationships among actors and the structure of its internal institutional field. While micro-political scholars of MNCs have started to answer the former part of the call regarding power, the second part has not been thoroughly addressed yet. Furthermore, the agentic aspects typical of power games and the structural aspects characterizing institutional fields have not been fully combined in a multi-level perspective of MNCs so far. Leaning on Bourdieu, we suggest an answer to the pending call. We theorize the MNC as a playing field of power emerging around the issue of finding a meta-rate of conversion of the actors’ capitals constituted in national fields. We conceive such issue field in a dynamic state due to the constant entry and exit of new players (e.g. through mergers, acquisitions or divestitures). This results in the need to continuously test the validity of exchange rates. The role of the metainstitutional field level of the MNC as a global category is also discussed.

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Crossref · 10.1108/s0733-558x20160000049011

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Authors
Delmestri, G., & Brumana, M.
Venue
Multinational Corporations and Organization Theory: Post Millennium Perspectives
Published
2017-02-24
Pages
325-353
OpenAlex
W2296880943
Cited by
11
References
0
Citations by year
2025: 1 · 2023: 1 · 2021: 1 · 2020: 2 · 2019: 2 · 2018: 1 · 2017: 3
FWCI
9.74
Type
book chapter
Language
en
Open access
closed
Locations
  • Emerald Group Publishing Limited eBooks (publishedVersion)
  • WU Research (publishedVersion)
  • Aisberg (University of Bergamo) (submittedVersion)
  • IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli) (submittedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Management and Organizational Studies
  • Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
  • Social Sciences › Sociology and Political Science › Elite Sociology and Global Capitalism
Keywords
multinational corporations, power relations, institutional field, Pierre Bourdieu, micropolitics, exchange rates, mergers and acquisitions, divestiture, multi-level perspective

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