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Are multinational enterprises in retreat?

Artikel i vetenskaplig tidskrift
Författare Jan-Erik Vahlne
Inge Ivarsson
Claes G. Alvstam
Publicerad i Multinational Business Review
Volym 26
Nummer/häfte 2
Sidor 94-110
ISSN 1525-383X
Publiceringsår 2018
Publicerad vid Företagsekonomiska institutionen
Sidor 94-110
Språk en
Länkar dx.doi.org/10.1108/mbr-04-2018-0031
Ämnesord Globalization, Swedish MNEs, globalization, inequality, trade, perspective, business, world, firms, era, Business & Economics, onomy bigger, p1
Ämneskategorier Ekonomi och näringsliv

Sammanfattning

Purpose This paper aims to contribute to the debate concerning the asserted end of the globalization process. Design/methodology/approach This paper is a description of the evolution of all Swedish MNEs, the 50 largest companies and the ten truly global MNEs, building on data compiled by the authors, mainly from annual reports. Findings The largest Swedish MNEs have continued to globalize and have at the same time improved their financial performance during the period of study, 2010-2016. Practical implications The proposition that multinationals are heading home cannot be confirmed in the Swedish case. There is therefore a need to compare Swedish experiences with other national examples to better generalize the findings. Social implications The political decisions regarding external trade and foreign direct investment should support continuous liberalization and facilitation of cross-border economic interaction. Originality/value As Swedish MNEs are more globalized than the average in advanced economies, this study offers insight into the contemporary internationalization process.

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