The Effects of Bilateral Tax Treaties on U.S. FDI Activity

The effects of bilateral tax treaties on FDI activity have been unexplored, despite significant ongoing activities by countries to negotiate and ratify these treaties. This paper estimates the impact of bilateral tax treaties using both U.S. inbound and outbound FDI over the period 1980–1999. Robust to a wide variety of alternative specifications, we find little evidence that bilateral tax treaties increase FDI activity, contrary to OECD-stated goals for such treaties.     

International recruitment and selection practices of South Korean multinationals in China

South Korean multinational enterprises (MNEs) have developed rapidly since the late 1950s. However, there is little research on, and hence little is known about, how South Korean MNEs manage human resources in overseas operations. To fill this gap, in the literature the current study investigates South Korean MNEs' international recruitment and selection policies and practices in their Chinese operations. It reveals that South Korean MNEs tend to adopt the polycentric approach or a mixed approach of being polycentric and ethnocentric to international staffing, with the number of expatriates dropping gradually over time. South Korean MNEs adopt ‘one-way selection’ in recruiting and selecting expatriates, and localise recruitment procedures and selection criteria for host-country nationals. South Korean MNEs have paid inadequate attention to: first, expatriates' career development; and second, personal and family issues emerging from expatriation and repatriation.     

世界主要跨国石油石化公司的发展之路

为实现在未来20年里把中国石油和中国石化建成具有较强国际竞争力的跨国公司这一发展目标，文章从宏观角度研究和探讨世界主要跨国石油公司的发展历史、现状和趋势，总结出可供中国石油、石化可借鉴和吸取的共性经验和经营策略。     

跨国公司对华投资独资化影响与对策探析

近年来,跨国公司在华直接投资数量不断增多,进入模式已由当初的合资、合作转为独资。独资化趋势不是偶然现象,主要是由跨国公司的全球发展战略和避免技术外溢以及在华投资环境的改善引起。跨国公司独资化对中国经济既有积极影响,又有消极影响,需要区别对待,促进积极影响的发挥,最大限度降低消极影响。