The challenge of BRIC multinationals / edited by Rob Van Tulder, Alain Verbeke, Jorge Carneiro, Maria Alejandra Gonzalez-Perez.

Includes bibliographical references.

Print version record.

Front Cover; The Challenge of Bric Multinationals; Copyright Page; Contents; List of Contributors; About the Editors; Preface to This Volume -- A Tribute to Louis T. Wells; Notes; References; Part I: The Challenge of BRIC Multinationals, a Challenge for BRIC Multinationals? -- A Tribute to Louis T. Wells; Chapter 1 Third World Multinationals: A Retrospective; Background of the Research; Context-Dependent Findings; Home Market; Export Manufacturing; Why Invest?; Legacies; Surviving Concepts; Old Theory and New Contexts; Notes; References; Chapter 2 Third World Multinationals -- Then and Now.

IntroductionInternalization Theory Then and Now; Third World Multinationals Then: 1983; The Essence of Internationalization Process; Institutional Distance and EMNE Strategic Governance; Firm-Specific Advantages; Internationalization Drivers; Third World Multinationals Now: 2016; No Longer Small Scale; Changing Make-up of the "Third World"; An Important Nuance: SOEs; Conclusion; Notes; References; Chapter 3 Introduction to This Volume: What Makes BRIC Multinationals Special?; Introduction: What Makes BRIC Multinationals Special?; Four Challenges Addressed by This Book.

The Challenges for BRIC MNEsReferences; Part II: Bric Multinationals -- International Expansion Patterns, International Organization and Environmental Trends; Chapter 4 New Facts about BRIC Multinationals: From Macro to Micro Evidence; Introduction; Conceptual Framework; Macro Evidence; Micro Evidence; Conclusions; Notes; Acknowledgments; References; Chapter 5 TRIAD & BRIC MNEs: Will the Internationalization Strategies Converge?; Introduction; BRIC Nations: Policy Changes; Brazil; Russia; India; China; Bric & Triad: A Brief Comparison; Empirical Analysis.

Significance of Government Role: Regression AnalysisLiterature Review; Methodology; Convergence Theory; Data; Results; Time Series Analysis; Methodology; BRIC: Univariate Time Series Analysis; Brazil; Russia; India; China; TRIAD: Univariate Time Series Analysis; Cointegration and Sigma Convergence: Using Univariate Time Series; Engle-Granger Methodology; Convergence: Time Series Approach; Limitations; Discussions; Notes; Acknowledgments; References; Appendix; Chapter 6 BRIC Multinational Enterprises: The Roles of Corruption and Nationalism; Introduction; Corruption and Nationalism.

South Africa and the BRIC ClubBRIC Information and Comparison Corruption Information; The Two Authoritarian Regimes; The Two Constitutional Democracies; Non-BRIC Emerging Economies Other Than South Africa; Implications for a Theory of BRIC Multinationals; References; Chapter 7 Overcoming the Home Field Disadvantage: How BRICS Firms Adapt to Market Reforms; The Rise of the BRICS Multinational; About the Research; BRICS Multinationals; How Companies Can Benefit from Market Reforms; References; Chapter 8 Giants from Emerging Markets: The Internationalization of BRIC Multinationals; Introduction.

Literature Review.

This PIBR volume examines a number of idiosyncratic elements in the internationalization strategies of BRIC MNEs and, in particular, in their relationship with home country policies.

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