Global Value Chain Governance in the MNE: A Dynamic Hierarchy Perspective-Reference-Cited by-同舟云学术

Global Value Chain Governance in the MNE: A Dynamic Hierarchy Perspective

Published:2022-01-06 Issue:2 Volume:64 Page:97-118
ISSN:0008-1256
Container-title:California Management Review
language:en
Short-container-title:California Management Review

Author:

Ryan Paul¹,Buciuni Giulio¹,Giblin Majella²,Andersson Ulf³

Affiliation:

1. Associate Professor at Trinity Business School, University of Dublin, Ireland

2. Senior Lecturer at the J.E. Cairnes School of Business and Economics, National University of Ireland Galway, Ireland

3. Professor at School of Business, Society and Engineering, Malardalen University, Vasteras, Sweden, and Department of Strategy and Entrepreneurship, BI Norwegian Business School, Oslo, Norway

Abstract

The pandemic crisis caused a severe shock to global value chains and led to supply shortages for complex medical goods such as respiratory ventilators. What followed were calls to reshore production for security, and the loss of efficiencies from foreign global value chain (GVC) operations for the multinational enterprise. This article merges internalization and GVC theory to demonstrate a dynamic hierarchy managerial response to these crisis conditions. An optimally configured GVC under hierarchy governance can resiliently eliminate global supply line ruptures yet maintain the benefits of global efficiency.

Publisher

SAGE Publications

Subject

Strategy and Management

Link

http://journals.sagepub.com/doi/pdf/10.1177/00081256211068544

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