Theories of Transnational Corporations, Environment and Development: A Review of the Four Dominant Perspectives

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    Abstract

    The review will centre around what I consider as four distinct perspectives on TNCs, environment and development: the neo-classical perspective; the global reach perspective; the radical perspective; and the ecological perspective. These perspectives represent the main theoretical positions in the field and are mainly distinguished by their normative content and by their use of methodology: The neo-classical perspective covers a variety of theories spanning from international trade economics, over theories of the product cycle to theories of transaction-costs and internalization, which, differences apart, share a positive interpretation of TNC’s role in development. This optimistic view is reflected in this literature’s view on the environmental impacts of TNC activity.
    Original languageEnglish
    Place of PublicationCopenhagen
    PublisherDepartment of Intercultural Communication and Management, Copenhagen Business School
    Number of pages40
    Publication statusPublished - 1995
    SeriesWorking Paper / Intercultural Communication and Management
    Number5

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