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

1st Edition

C Paul Hallwood

Published June 10, 2014
ISBN 9781138007864 - CAT# Y164205
Series: Routledge Library Editions: International Business

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Until this book was published little had appeared on the matter of the organization of production in oil gathering. This book:

  • Describes the global offshore oil supply industry and its features on one of the world’s major offshore oil services bases
  • Draws on the theory of the multinational corporation to explain why buyers and sellers should have internationalized themselves into a symbiotic relationship
  • Discusses the preference of the oil companies for vertical disintegration
  • Explains the transaction cost paradigm
  • Integrates the largely American literature on the transaction cost paradigm with the literature on the multinational corporation (which is largely British).


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