Globalization has been identified by many experts as a new way firms organize their activities. This paper surveys recent work which examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international competition and international trade both increase the stakes of the firm which affects the behavior of agents inside the corporation. This way, trade integration leads to waves of outsourcing and to convergence in corporate cultures across countries.
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Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number
2003-31.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Raghuram G. Rajan & Luigi Zingales, 1998.
"The Governance of the New Enterprise,"
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487, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
[Downloadable!]
Other versions:
Dalia Marin & Thierry Verdier, 2004.
"Globalization and the Empowerment of Talent,"
Discussion Papers
1, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
[Downloadable!]
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