The fifth volume of the Academy of International Business Series concentrates on three crucial areas of International Business: organizational issues across multinational enterprises, international market entry strategy and emerging markets. It examines theory and practice in parent-subsidiary relationships, in host country and MNE interactions, and in the organizational response of international business to dynamics in the global economy.

Opening Chapter; J.H.Dunning
PART ONE: SUBSIDIARIES AND THEIR STRATEGIES
Host-Country Technological and Scientific Collaborations of MNE Subsidiaries; M.Papanastassiou & R.D.Pearce
US MNC Affiliates in the UK: A Special Relationship?; J.H.Taggart
On the Duration Dependence of MNE Investment; R.Mudambi
Transfer of HRM Practices across Cultures : An American Company in Scotland; M.Tayeb
An Evolutionary Analysis of Subsidiary Innovation and 'Reverse' Transfer in Multinational Companies; M.Yamin
PART TWO: TRANSACTION COSTS/ENTRY STRATEGIES
Strategic Motives and Selection Criteria in International Joint Ventures: Perspectives of UK Firms and Foreign Firms; K.Glaister
Internalization and Multinational Banking; P.C.M.Fu
A Qualitative Meta-Analysis of Performance Measures and Factors Affecting International Joint Venture Performance; M.F.Boersma & P.N.Ghauri
A Proposed Solution to the Transnational Structure Paradox; W.Sleeman, K.D.Brouthers & L.E.Brouthers
Communication Costs and the Boundaries of the Multinational Enterprise; M.Casson & N.Wadeson
PART THREE: EMERGING MARKETS
Enforcement Costs and Co-operative Strategy in Emerging Business Systems; C.J.Choi, S.H.Lee & C.Millar
Employee Ownership and Employment: The Case of Russian Privatized Firms; G.Sharpley, T.Buck, I.Filatotchev & M.Wright
Segmenting the Market. An 'Old' Approach that Holds 'New' Promise for the FDI-Attraction Process in Developing Countries; E.J.Coyne
Globalization and the Convergence of National Business Systems; H.Radice
Cultural Compatibility in International Acquisitions; R.Schoenberg

FRED BURTON is Senior Lecturer in International Business at the Manchester School of Management, University of Manchester Institute of Science and Technology (UMIST).

ADAM CROSS is a Lecturer in International Business in the Centre for International Business University of Leeds (CIBUL).

MALCOLM CHAPMAN is Senior Lecturer in the Centre for International Business University of Leeds (CIBUL).