MODERN TRENDS OF INТERNATIONALIZATION OF THE ACTIVITIES OF TRANSNATIONAL CORPORATIONS
https://doi.org/10.21686/2410-7395-2023-3-36-50
Abstract
The article discusses the directions of internationalization of the activities of the world's leading multinational companies. Based on the value of the transnationality index, companies with the highest internationalization rates are identified, which include companies from large and small highly developed countries. The reasons for their international expansion are substantiated. The reasons for increasing the activity of companies in the field of cross-border mergers and acquisitions, on the one hand, and getting rid of foreign branches, on the other, are analyzed. The forms of entry into the market of digital and high-tech TNCs, including transactions on cross-border mergers and acquisitions and greenfield investments, are being investigated. The article shows the problems of reducing the inflow of foreign direct investment into the Russian economy and the reasons for the departure of foreign companies from developed countries, including the United States and Europe, as well as options for replacing investments with investments of Russian entrepreneurs. It is concluded that in these conditions companies from friendly countries, primarily from China, can begin to expand their investments, which is especially important in the field of mechanical engineering.
About the Author
M. L. Luchko
Lomonosov Moscow State University
Russian Federation
Russian Federation
Marina L. Luchko, Doctor of Economics, Professor
of the Department of World Economy of The Faculty of Economics of Lomonosov MSU.
46 building, 1, Leninskie gory, Moscow, 119991
References
1. «Velkom» kupila biznes Valio na sobstvennye sredstva [Velcom Bought the Valio Business with Its Own Funds]. (In Russ.). Available at: https://quote.rbc.ru/news/short_article/627273eb9a794719ca4c1a9f
2. Zavod Haval v Rossii [Haval plant in Russia]. (In Russ.). Available at: https://haval.ru/ about/development/
3. Ivanova S. V. Pryamye inostrannye investitsii v agropishchevom sektore Rossii: teoriya, sovremennaya praktika, regulirovanie [Foreign Direct Investment in the Agro-Food Sector of Russia: Theory, Modern Practice, Regulation]. Moscow, Plekhanov Russian University of Economics, 2012. The series "Works of University scientists", pp. 88–98. (In Russ.).
4. Ivanova S. V. Pryamye inostrannye investitsii i prodovolstvennaya bezopasnost Rossii [Foreign Direct Investment and Russia's Food Security]. Obshchestvo. Doverie. Riski, materialy 4-go Ezhegodnogo Mezhdunarodnogo nauchnogo foruma [Society. Trust. Risks, materials of the 4th Annual International Scientific Forum]. Moscow, Plekhanov Russian University of Economics, 2022, pp. 260–265. (In Russ.).
5. «Kommersant» perechislil pretendentov na rossiyskiy biznes Danone [Kommersant Lists Contenders for Danone's Russian Business]. (In Russ.). Available at: https://www.interfax.ru/business/885309
6. Platezhnyy balans, mezhdunarodnaya investitsionnaya pozitsiya i vneshniy dolg Rossiyskoy Federatsii v yanvare – sentyabre 2022 goda. [Balance of Payments, International Investment Position and External Debt of the Russian Federation in January – September 2022]. (In Russ.). Available at: https://cbr.ru/statistics/macro_itm/svs/p_balance/
7. Finley J. T., Tyrkba Kh. V. Verenikina A. V. Digital Multinationals for Engaging Foreign Direct Investments in Digital Economy. Mezhdunarodnaya torgovlya i torgovaya politika [International Trade and Trade Policy], 2022, Vol. 8, No. 3 (31), pp. 39–49.
8. Evenett S. J., Pisani N. Less Than Nine Percent of Western Firms Have Divested from Russia. Available at: https://papers.ssrn.com/sol3/papers. cfm?abstract_id=4322502
9. Forbes. The Global 2000. 2022. Available at: https://www.forbes. com/lists/global2000/?sh=16a4de7a5ac0
10. Foreign Direct Investment Statistics: Data, Analysis and Forecasts. OECD. Available at: https://www.oecd.org/investment/statistics.htm#
11. Nestle Annual Review 2021. Available at: https://www.nestle.com/ sites/default/files/2022-03/2021-annual-review-en.pdf
12. Textor C. Monthly FDI inflows in China January 2020–2023, 2023, February 24. Available at: https://www.statista.com/statistics/1287762/ china-monthly-value-of-foreign-direct-investment-inflows
13. World Investment Report 2022. Available at: https://unctad.org/ system/files/official-document/wir2022_en.pdf
14. World Investment Report 2022. Overview. Available at: https:// unctad.org/ system/files/official-document/wir2022_overview_en.pdf
Review
For citations:
Luchko M.L. MODERN TRENDS OF INТERNATIONALIZATION OF THE ACTIVITIES OF TRANSNATIONAL CORPORATIONS. International Trade and Trade Policy. 2023;9(3):36-50. (In Russ.) https://doi.org/10.21686/2410-7395-2023-3-36-50
Views:
691
Email this article 
