Anonymous – “Everyone is entitled to be stupid, but some abuse the privilege.”

Everyone is entitled to be stupid, but some abuse the privilege.

Unknown author.


Desai – The Decentering of the Global Firm

This paper describes recent changes in the relationship between firms and nation

(from Harvard Business School Working Paper 09-054 by Mihir A. Desai)

This paper takes a look at the market reality whereby it is becoming very difficult to pinpoint the nationality of a global firm that has its stock listed in a country, its headquarter in a second one and operations scattered accross the globe.

The paper also examines the case of Dual listed companies (DLC) and Cross-border listed companies.

Companies listed in the article:

  • Caterpillar
  • Honda
  • Celanese AG  (Celanese Corporation)
  • Warner-Chilcott plc
  • Nestlé (Alcon AG, Alcon Inc.)
  • News Corporation
  • Stanley Works
  • Accenture
  • BHP-Billiton
  • Reed Elsevier (Reed Elsevier PLC, Reed Elsevier NV)
  • Royal Dutch Shell
  • Unilever
  • GE (Genpact)
  • Lend Lease
  • ABB
  • GKN Brambles