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Article: The growing importance of United States affiliates of transnational corporations based in the United Kingdom.
- Article from:
- Transnational Corporations
- Article date:
- December 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 The United Nations accepts no responsibility for the accuracy or suitability of the presentation of these materials in this publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This article explores the activities of United Kingdom-based transnational corporations (TNCs) and their affiliates in the United States. It extends UNCTAD's transnationality index to derive a "relative importance index" of the United States-based activities of United Kingdom TNCs. The results indicate that for some highly internationalized United Kingdom TNCs, activities in the United States account for a predominant proportion in their overall activities, In some cases, the United States affiliates contribute over 60% of the TNC's revenues, profits and net assets. The policy implications of such concentration of TNCs activities in a single foreign country are discussed. ...
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