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We examine European corporate governance with respect to the relationship between shareholder value and capital investment. Based upon Europe's largest listed companies, it is shown that Anglo-American conceptions of shareholder value are increasingly important for European firms whatever their...
The geographical strategies of transnational corporations have received extensive attention from economic geographers. A particularly important line of study has focused upon the diverse national institutions that create geographically heterogeneous cultures of work. Yet, none of these studies...
Innovation thrives on the face-to-face exchange of tacit knowledge. In this article, the focus is on how firms in a cutting-edge cultural industry, namely architectural design in Rotterdam and Amsterdam, can exchange knowledge. By using in-depth interviews with the main players in this field, I...
Recently, studies of industrial clusters and global production networks (GPNs) between large transnational corporations (TNCs) and smaller firms have focused on how power differentials shape, and sometimes undermine cluster innovation and governance. Such studies raise issues of how to...
This article investigates the role of disintegration for the adaptability of clusters. It develops a simulation model to test when disintegrated flexible specialization clusters can be more adjustable than those with firm centred, quasi-integrated production networks. The benefits to flexible...
This article examines the determinants of the location of large firms’ headquarters across a rich sample of European urban areas, focusing on the availability of non-stop intercontinental flights. We also account for the influence of other aspects: the proximity to large markets and specialized...
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