chapter  12
31 Pages

Banks over borders: some evidence from their pre-1914 history

Much but not all of the early research on multinational enterprise (MNE) concentrated on industrial companies.2 Now, this has changed and most authors accept that a MNE can be a producer of goods or services.3 In the last thirty years, numerous attempts have been made to define, to analyse, and to clarify the history and nature of MNEs. There is now even a second generation literature, tracing the historiography of the theory of multinational enterprise.4