THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN

At the beginning of the 21st century, the new economic order settled at international level is based on the intensification of the activities of multinational companies (MNC) on global markets. Japan – the third world economy in 2010 – registers outstanding economic results due to its strong connect...

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Main Authors: CODRUŢA DURA, FLORIN CRISTIAN CIURLĂU
Format: Article
Language:English
Published: University of Petrosani 2011-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2011/part4/Dura-Ciurlau.pdf
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author CODRUŢA DURA
FLORIN CRISTIAN CIURLĂU
author_facet CODRUŢA DURA
FLORIN CRISTIAN CIURLĂU
author_sort CODRUŢA DURA
collection DOAJ
description At the beginning of the 21st century, the new economic order settled at international level is based on the intensification of the activities of multinational companies (MNC) on global markets. Japan – the third world economy in 2010 – registers outstanding economic results due to its strong connection to the current of the globalization of international affairs. The issue of understanding the key role of Japanese MNCs in international business received a great deal of attention in recent years. We found that Japanese firms expanded their overseas production from 3.1% in 1986 to 16.3% in 2005 and 17% in 2009. Although MNCs are a minority in terms of the number of firms, they nevertheless dominate the Japanese trade. In recent years, Japanese firms have become more active in developing overseas activities by establishing local subsidiaries and acquiring local companies. Therefore, cross-border Mergers & Acquisitions (M&A) appeared to be a very useful tool through which Japanese MNCs expanded their tentacles worldwide. Despite the devastating effects of the great East Japan Earthquake, statistical data released by UNCTAD show that Japan will again be, on the long run, a leading investor for outward FDI. Therefore, Japanese MNCs will continue to play a key role within international business environment.
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spelling doaj.art-e7a31958d7174cb1abfd796ade91e3232022-12-22T03:18:50ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202011-01-01XI4119128THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPANCODRUŢA DURAFLORIN CRISTIAN CIURLĂUAt the beginning of the 21st century, the new economic order settled at international level is based on the intensification of the activities of multinational companies (MNC) on global markets. Japan – the third world economy in 2010 – registers outstanding economic results due to its strong connection to the current of the globalization of international affairs. The issue of understanding the key role of Japanese MNCs in international business received a great deal of attention in recent years. We found that Japanese firms expanded their overseas production from 3.1% in 1986 to 16.3% in 2005 and 17% in 2009. Although MNCs are a minority in terms of the number of firms, they nevertheless dominate the Japanese trade. In recent years, Japanese firms have become more active in developing overseas activities by establishing local subsidiaries and acquiring local companies. Therefore, cross-border Mergers & Acquisitions (M&A) appeared to be a very useful tool through which Japanese MNCs expanded their tentacles worldwide. Despite the devastating effects of the great East Japan Earthquake, statistical data released by UNCTAD show that Japan will again be, on the long run, a leading investor for outward FDI. Therefore, Japanese MNCs will continue to play a key role within international business environment.http://www.upet.ro/annals/economics/pdf/2011/part4/Dura-Ciurlau.pdfmultinational companiesforeign direct investments (FDI)oversea operation or oversea productioncross-border mergers and acquisitions (M&A)the great East Japan Earthquake
spellingShingle CODRUŢA DURA
FLORIN CRISTIAN CIURLĂU
THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
Annals of the University of Petrosani: Economics
multinational companies
foreign direct investments (FDI)
oversea operation or oversea production
cross-border mergers and acquisitions (M&A)
the great East Japan Earthquake
title THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
title_full THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
title_fullStr THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
title_full_unstemmed THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
title_short THE DYNAMICS OF OVERSEAS BUSINESS ACTIVITIES BY MULTINATIONAL COMPANIES FROM JAPAN
title_sort dynamics of overseas business activities by multinational companies from japan
topic multinational companies
foreign direct investments (FDI)
oversea operation or oversea production
cross-border mergers and acquisitions (M&A)
the great East Japan Earthquake
url http://www.upet.ro/annals/economics/pdf/2011/part4/Dura-Ciurlau.pdf
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