Empirical Overview and Theoretical Perspectives -- Politics and Power in Emerging Market Multinationals -- Sustainability and Emerging Market Multinationals -- Changing Global Labor Conditions -- Regional Expansion Strategies to Europe -- Conclusions

One strand of the industrial organization literature argues that outlays on sunk costs are endogenous in market expansion, implying an adaptive adjustment by firms to preserve their market share. A different view is taken in the literature on firms' internationalization. Here it is argued that...