Based on their ability to facilitate interdependencies across the
borders of national and regional markets, multinationals enterprises
(MNEs) act as the key drivers of world trade and investment activities.
While recent global challenges additionally highlight the need to
explain and assess the status and progress of
internationality/-regionality, previous research renders the concept of
firm-level globalization as a special but not the general case.
Christoph Czychon dedicates specific attention to the research on
regional and global MNEs based on an extensive and rigorous review of
the existing academic literature as well as the analysis of 2005-2015
empirical data from the European context with a focus on CAC40- and
DAX30-listed firms. In doing so, the author offers insights and results
that stand in contrast to the original narrative of the debate and
presents a comprehensive and updated perspective on regional and global
MNEs.