Multinationals and changing national business systems in Europe: towards the 'shareholder value' model?

Almond, P., Edwards, T. and Clark, I. ORCID: 0000-0001-7698-2715, 2003. Multinationals and changing national business systems in Europe: towards the 'shareholder value' model? Industrial Relations Journal, 34 (5), pp. 430-445. ISSN 0019-8692

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Abstract

This article reviews recent development in employment relations in MNCs, within the context of the varied and changing business systems within Western Europe. Focusing on Germany, France, Sweden and the UK, we analyse both the effects of national corporate governance systems on MNCs, and the extent to which MNCs specifically, and globalisation more widely, have affected the nature of national business and employment systems. While elements of a move towards a more ‘Anglo‐Saxon’, economically liberal model of corporate governance and employment relations can be detected in all four countries, this is far from complete. Cross‐national differences in business systems within Europe therefore continue to exert effects upon MNCs.

Item Type: Journal article
Publication Title: Industrial Relations Journal
Creators: Almond, P., Edwards, T. and Clark, I.
Publisher: Wiley-Blackwell
Date: 2003
Volume: 34
Number: 5
ISSN: 0019-8692
Identifiers:
NumberType
10.1111/j.1468-2338.2003.00288.xDOI
Divisions: Schools > Nottingham Business School
Record created by: Jonathan Gallacher
Date Added: 19 Nov 2018 14:01
Last Modified: 19 Nov 2018 14:01
URI: https://irep.ntu.ac.uk/id/eprint/35060

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