Purpose

This study aims to clarify the factors that act as a buffer to rent extraction from multi-national corporations (MNCs) in exchange relationships with the host country’s political actors.

Design/methodology/approach

This study proposes a conceptual model of the factors that determine rent extraction by host country political actors from MNCs. The model identifies the sources of power the MNC can use to alleviate the power imbalance relative to the political actor to decrease rent extraction. Additionally, it identifies the factors that constrain the power-advantaged political actor, thus moderating the relationship between power imbalance and rent extraction.

Findings

This conceptual paper’s propositions remain for future empirical validation.

Originality/value

This study integrates insights from the international business literature and resource dependence theory (RDT) to identify the determinants of firm-specific rent extraction risk for MNCs. First, the model sheds light on the heterogeneity among MNCs in their susceptibility to rent extraction and their ability to manage their liability of foreignness in the host country. Second, by integrating the horizontal and vertical distribution of power in the political environment to analyze the power-dependence relationship between the MNC and host country political actors, the framework addresses a shortcoming of RDT and accounts for the dynamics of the external environment for MNCs managing their dependencies. This study also provides a basis for discussing the rent extraction MNCs face worldwide and lays the foundation for future empirical works.

中文翻译：

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外国责任的丑陋面貌：跨国公司和租金提取

目的

本研究旨在阐明在与东道国政治行为者的交换关系中，作为缓冲从跨国公司 (MNC) 中提取租金的因素。

设计/方法/方法

本研究提出了决定东道国政治行为者从跨国公司中提取租金的因素的概念模型。该模型确定了跨国公司可以用来缓解相对于政治行为者的权力不平衡以减少租金提取的权力来源。此外，它确定了限制权力优势政治行为者的因素，从而缓和了权力不平衡与租金提取之间的关系。

发现

这份概念性论文的命题仍有待未来的实证验证。

原创性/价值

本研究整合了国际商业文献和资源依赖理论 (RDT) 的见解，以确定跨国公司特定公司租金提取风险的决定因素。首先，该模型揭示了跨国公司对租金提取的敏感性和管理其在东道国的外国责任的能力方面的异质性。其次，通过整合政治环境中权力的横向和纵向分布来分析跨国公司与东道国政治参与者之间的权力依赖关系，该框架解决了 RDT 的缺点，并解释了跨国公司管理的外部环境的动态。他们的依赖。本研究还为讨论跨国公司在全球范围内面临的租金提取提供了基础，并为未来的实证工作奠定了基础。