Multinational corporations from emerging economies: Growth or decline?
Multinational corporations from emerging economies: Growth or decline?
Author(s): Artur KlimekSubject(s): Business Economy / Management
Published by: Wydawnictwo Uniwersytetu Jagiellońskiego
Keywords: emerging economies; multinational corporations
Summary/Abstract: This paper has been devoted to the presentation of the current situation of multinational corporations from emerging economies (EMNCs). The research methods applied include the statistical analysis of data describing the operations of EMNCs and multiple case study of selected enterprises. The main conclusion drawn from the study concerns the worsening performance of the analysed firms. The main reason of the faltering financial results are the characteristics of industries in which EMNCs operate. Many large firms from emerging countries are strongly dependent on natural resources. Recent decline of demand from China caused strong global overcapacity of commodities. Moreover, the EMNCs are still influenced by the economic situation in their home economies. It is associated with the fact that their operations are not truly global yet. An additional reason is the lack of sustainable growth strategies which hinders the growth of the firms.
Journal: International Business and Global Economy
- Issue Year: 35/2016
- Issue No: 2
- Page Range: 284-294
- Page Count: 11
- Language: English