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Con Pec 2002; 21:69-89
© 2002 Cambridge Political Economy Society

Article

Hierarchical Pyramids and Heterarchical Networks: Organisational Strategies and Structures of Multinational Corporations and its Impact on World Development

Paz Estrella Tolentino

Birkbeck College, London, UK

Abstract

On the occasion of the thirty-first anniversary of the publication of The Multinational Corporation and the Law of Uneven Development by Hymer, the paper seeks to assess the relevance of Hymer's prediction to our current understanding of the multinational company (MNC) and its role in world economic development. It argues that the largely ethnocentric type of MNC portrayed by Hymer is descriptive of one type of MNC, and that systematic differences exist between different types on the basis of inter alia corporate organisational structure, the level and type of organisational control mechanisms, and the extent of interdependence between interorganisational units.


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