31
Aug
How should we define a firm as 'foreign' and/or 'domestic' in our complex globalising world? Large MNEs increasingly utilize detailed and complicated ownership structures that, in part, seek to hide direct ownership patterns for tax and financial reasons. So, how prevalent are 'foreign' firms in local economies? Is there a better way to categorise foreign and domestic firms, and how does this affect existing understandings (good and bad) of MNE activity?
