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The effects of competition and corporate political responsiveness on multinational bargaining power
Author(s) -
Kim W. Chan
Publication year - 1988
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.4250090308
Subject(s) - multinational corporation , competition (biology) , bargaining power , politics , power (physics) , position (finance) , safeguarding , business , economics , market economy , industrial organization , economic system , political science , microeconomics , medicine , ecology , physics , nursing , finance , quantum mechanics , law , biology
This paper empirically investigates the effects of competition and corporate political responsiveness on multinational bargaining power. The results indicate that the more intense the competition, the weaker the bargaining power of multinationals vis‐à‐vis that of host governments. Further, higher corporate political responsiveness plays an increasingly important role in safeguarding the bargaining power position of multinationals as competition intensifies. Implications and future research development are suggested.