Transaction Costs & Trade Between Multinational Corporations (RLE International Business)

<p>Until this book was published little had appeared on the matter of the organization of production in oil gathering. This book:</p><ul> <p> </p> <li>Describes the global offshore oil supply industry and its features on one of the world’s major offshore oil services bases</li> <p> </p> <li>Draws on the theory of the multinational corporation to explain why buyers and sellers should have internationalized themselves into a symbiotic relationship</li> <p> </p> <li>Discusses the preference of the oil companies for vertical disintegration</li> <p> </p> <li>Explains the transaction cost paradigm</li> <p> </p> <li>Integrates the largely American literature on the transaction cost paradigm with the literature on the multinational corporation (which is largely British). </li> </ul>