Global or Stateless Corporations are National Firms with International Operations

  title={Global or Stateless Corporations are National Firms with International Operations},
  author={Yao-su Hu},
  journal={California Management Review},
  pages={107 - 126}
  • Yao-su Hu
  • Published 1 January 1992
  • Business
  • California Management Review
Are "multinational," "transnational," or "global" corporations truly stateless? By applying a number of criteria—geographical spread and scope of operations, ownership, control, people, legal nationality, and tax domicile—one must conclude that they are national firms with international operations. The home nation remains the primary source of a corporation's international competitive advantage, so that weakness at home is unlikely to be compensated by overseas operations. Moreover, it is often… 

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