New policy challenges for European multinationals : a resource bundling perspective / Alain Verbeke, Rob van Tulder, Liviu Voinea -- Political strategies of foreign firms in the Dutch chemical industry / Hans van Kranenburg, Cosmina Lelia Voinea, Marije Burger -- Firms' capabilities, public support and foreign direct investment / Miguel Torres, Celeste Varum -- Taxes and foreign direct investment attraction : a literature review / Ana Teresa Tavares-Lehmann, Ângelo Coelho, Frederick Lehmann -- The impact of transaction costs on interest margins in the Romanian banking sector / Liviu Voinea, Flaviu Mihaescu, Andrada Busuioc -- Institutions and international business research : three institutional approaches and recommendations for future research / Jasper J. Hotho, Torben Pedersen -- The role of cross-sector partnership portfolios in the inclusive business strategies of multinational enterprises / Rob van Tulder, Andrea da Rosa -- Human rights due diligence in global value chains / Sarianna M. Lundan, Peter Muchlinski -- The illusion of political power : evidence from a failed FDI in a developing market / Stefan Heidenreich, Jonas F. Puck -- The direct impact of the normative and cognitive distances and the moderating effect of regulations on the internationalization of SMEs / Virginia Hernández, María Jesús Nieto -- The unequal influence of structure and strategy on European manufacturing firm performance / Francisco Puig, Helena Marques, Pervez N. Ghauri -- Does economic convergence with the European Union mean more FDI flows to an economy? : analysis of five Central and Eastern European countries / Ileana Alexe, Cristina Flavia Tatomir -- International marketing-related outward FDI motives : Turkish MNCs' experience in the EU / Nimet Uray, Nukhet Vardar, Ramazan Nacar -- Corruption and its effect on foreign direct investment in the energy sector of emerging and developing economies / Neli Kouneva-Loewenthal, Goran Vojvodic -- Export propensity during the period of economic recession : the impact of home-country factors and firm-level characteristics / Emmanouil Sofikitis, Dimitris Manolopoulos -- Strategic responses to the global financial and economic crisis in Central and Eastern Europe : the foreign multinational company perspective / Arnold Schuh -- Managing relationship development and crises in emerging markets : a Swedish firm's relationship behaviour in Argentina / Anna Bengtson, Amjad Hadjikhani, Anna Ljung -- The dark side of globalization for mature European multinationals : an extended network perspective / Frank Wijen, Arjen Slangen.

This volume takes stock of the latest international business research on the relationship between European multinational enterprises (MNEs) and their policy environment. The volume brings together a variety of scholarly contributions from an European perspective. European MNEs were amongst the earliest to internationalize and many now command globally dispersed operations. European MNEs pioneered the multi-centric organizational form, which can be interpreted in part as an effort to address the policy challenges facing these firms in environments fraught with natural and government-imposed market imperfections. The volume covers four dimensions of MNE corporate strategy in the face of complex policy environments: 1. Corporate strategic responses to national policy institutions 2. Pro-active institution-oriented strategies 3. Dynamics of international business-government relations; 4. Corporate strategies in turbulent times.