The international relocation of corporate centres
Are corporate centres sticky?
Empirical research reveals that relocations of corporate centres are most times confined to national borders. Until now, cross-border relocations are almost absent in the European Union, while in the United States relocations across State borders appear to be common. To contribute to a managerial understanding of these phenomena, we propose a conceptual framework of the determinants of the corporate centre location. Based on our analysis, we predict the stickiness of corporate centres of European Union-based corporations will diminish due to the European Union integration process and in particular triggered by the expected EU legislation regarding the removal of legal barriers against corporate mobility.
|Keywords||corporate centres, corporate mobility, multibusiness corporations, multinational corporations|
|Persistent URL||dx.doi.org/10.1016/j.emj.2004.01.015, hdl.handle.net/1765/10961|
Baaij, M.G., van den Bosch, F.A.J., & Volberda, H.W.. (2004). The international relocation of corporate centres. European Management Journal, 22(2), 141–149. doi:10.1016/j.emj.2004.01.015