Financial and business services (FABS) as intermediaries play a significant role in global production networks (GPNs). Yet the mechanisms through which they influence the activities of lead and supplier firms in GPNs have received little in-depth attention. The paper addresses this shortcoming...

In this paper we use the case of the internationalization of English law firms into Italy, and the refocusing of their operations on the city of Milan, to make a number of contributions to existing literatures on responses to institutional complexity. Firstly, we contribute to the literature on...

Questions remain about the factors that influence the ability of transnational corporations (TNCs) to shape processes of institutional change. In particular, questions about power relations need more attention. To address such questions, this article develops a neoinstitutional theory-inspired...