• Title/Summary/Keyword: Multinational Corporation(MNC)

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Development of Industrial Cluster in Mexico: The Case of Electric-Electronics Cluster in Tamaulipas, Mexico (멕시코의 산업 클러스터 발전: 타마울리파스의 전기-전자 클러스터 사례)

  • Lim, Jung-Hoon
    • Journal of the Economic Geographical Society of Korea
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    • v.18 no.3
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    • pp.243-266
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    • 2015
  • This study does a case study of the electric-electronic cluster in Tamaulipas, Mexico. The purpose of this study is to investigate the development of industrial cluster in Mexico. The electric-electronics cluster in Tamaulipas, Mexico is MNC(Multinational Corporation) cluster. The number of MNC cluster increased after trade liberalization in Mexico. The result has demonstrated that the actual needs of maquila plants run by MNCs are the primary drivers for the formation and development of the cluster, which are related to education and human resource development. Overall, the electric-electronics cluster in Tamaulipas, Mexico is in its initial state, and the linkage between cluster members and local sectors such as Mexican suppliers is not strong. Finally, this study suggests the developmental ideas for the cluster.

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Expatriate CEOs and Local CSR Strategy: Evidence from Foreign Subsidiaries of MNCs in Korea

  • Ko, Jaekyung;Park, Chulhyung
    • Journal of Korea Trade
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    • v.25 no.1
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    • pp.184-202
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    • 2021
  • Purpose - This study empirically investigates the relationship between expatriate CEOs of multinational corporation (MNC) foreign subsidiaries and local philanthropy. Since corporate social responsibility (CSR) enables MNCs to achieve local legitimacy, this research argues that local philanthropy is a valuable strategic means for expatriate CEOs of foreign subsidiaries to secure local legitimacy. Design/methodology - To investigate our argument, we use a sample of 5,459 observations from 576 foreign subsidiaries of MNCs in Korea between 2002 and 2016. We conduct a random-effects panel Tobit regression with subsidiary CEO having foreign nationality as the independent variable and local philanthropy as the dependent variable. Findings - Our main findings are that expatriate CEOs of foreign subsidiaries are more actively engaged in local philanthropy. In addition, the positive relationship between expatriate CEOs and local philanthropy is weaker as their tenure increases. Originality/value - How expatriate CEOs overcome their weak local legitimacy as foreigners in a host country has remained unclear because existing studies mainly focused on the control and coordination aspects of staffing expatriates in CEO positions of foreign subsidiaries. This study broadens the literature on subsidiary CEO staffing and CSR activities of MNCs by identifying complementary relationships between expatriate CEOs and corporate philanthropy in the host country.

Diagnosis and Proposition on CSR by MNCs in China (다국적기업의 중국시장 사회적 책임 활동에 대한 진단과 제안)

  • Yoo, Jae-Wook
    • Management & Information Systems Review
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    • v.32 no.3
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    • pp.25-41
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    • 2013
  • This study was designed to suggest the effective CSR strategies for MNCs operating in Chinese market. For this purpose, it compares the multi-years results for the evaluation on CSR activities of Multinational and Chinese firms. It also conducts questionnaire survey in an attempt at developing measures of Chinese publics' perception on the four dimensions of CSR defined by Research Center of Chinese Academy of Social Sciences - responsibility management, economic responsibility, social responsibility, and environmental responsibility. The findings of empirical analyses indicate that the CSR activities of MNCs much fall in all four dimensions compared with them of Chinese firms. Among four dimensions, MNCs have had bad evaluations especially on economic responsibility and social responsibility that are considered more important than the others to Chinese. Those findings imply that the MNCs has so far failed to implement effective CSR activities in China. In order to offset their liabilities of foreignness and compensate for their disadvantages in the lack of governmental supports, MNCs should intensify the CSR in economic and social responsibilities.

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