Use this URL to cite or link to this record in EThOS:
Title: States and firms : the political economy of French and German multinational enterprises in international competition.
Author: Sally, Mohomed Razeen.
ISNI:       0000 0001 3547 3973
Awarding Body: London School of Economics and Political Science (University of London)
Current Institution: London School of Economics and Political Science (University of London)
Date of Award: 1991
Availability of Full Text:
Access from EThOS:
This thesis entails the examination of the internationalisation during the 1980s of the twelve leading French and German-owned multinational enterprises [MNEs] in chemicals and electronics. They represent a significant part of the phenomenon of Europeanowned MNEs taking their places alongside U.S. and Japaneseowned MNEs as the main commercial actors in international competition. MNEs in the chemical and electronics sectors have been selected for analysis because they are technology-intensive in many of their businesses, which are at the cutting-edge of industry globalisation. This process of recent internationalisation is used to address a problematique that goes to the roots of institutional political economy : how and why has the internationalisation of these MNEs interacted with their "embeddedness" in the domestic structures of the French and German political economies, particularly in terms of their power relationships with external actors such as the home governments and financial institutions ? What are the French-German comparisons involved ? The primary political economy themes are as follows : the MNEs' roles as political actors, especially viewed in terms of their bargaining power relations with the home [central] governments; home government industrial policy vis-â-vis the MNEs; MNE financial relations with banks in France and Germany; MNE political activity at the level of the European Community -- the main geographical focus of internationalisation -- which is especially evident in technology policy. The empirical argument presented is that internationalisation imparts a dynamic that induces convergence effects between the French and German political economies, most importantly in the manner in which the MNEs are embedded in them. Such convergence is however limited and qualified by the enduring differences in the constitution of state-finance-industry linkages in France and Germany. It is argued that the primary theoretical contribution of this study is the inclusion of a business organisation approach, at the level of the firm, to put the spotlight on fundamental questions of political economy. Research in political economy has tended to overlook the role of the firm. The changes wrought by the internationalisation of business urgently require better firm-level conceptualisation and empirical research.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: Management & business studies