Wang, BijunWang, HuiyaoJane GolleyLigang Song2015-12-10978-1-921862298http://hdl.handle.net/1885/52879The widespread perception of industrialised countries as homes of multinational corporations (MNCs) and emerging markets as hosts of MNCs has been firmly rooted. These were, however, MNCs in the past, which were nowhere near as active or visible as they are today. In recent years, China and India, major Latin American economies such as Brazil and Mexico, and South Africa have all spawned their own MNCs (Dunning et al. 2007).22 pagesapplication/pdfen-AUAuthor/s retain copyright201110.22459/RC.06.2011.072020-11-22