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The Rise of Spanish Multinationals: European Business in the Global Economy

The Rise of Spanish Multinationals: European Business in the Global Economy
Author/Publisher: Mauro Guillén
Emphasis: Business Spanish
List Price: $59

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Editorial Reviews

'This fascinating book constitutes the best documented and richest analysis to date of the economic, social and political causes and repercussions for both Spain and Europe of the rise of the Spanish multinational firm. Of great value not just to readers interested in the Spanish economy but also to all those who want to better understand the process of globalization.' Jose Vinals, Director General, Bank of Spain 'A pioneering analysis of an important and recent development in the Spanish economy; comprehensive and grounded in solid analysis. Although some of Guillen's ideas will be controversial, the book sheds light on existing problems and raises new issues. An essential book in the field of multinational management.' Oscar Fanjul, former Chairman and CEO, Repsol, and Vice-Chairman, Omega Capital 'An outstanding blend of sociological and economic analysis: lively, insightful, very readable; it is both thought-provoking and well-argued.' Javier Santisco, Chief Economist for Latin America, Banco Bilbao Vizcaya Argentina 'Professor Guillen provides a very complete and insightful analysis of one of the most outstanding episodes in recent Spanish economic history. This book also constitutes a useful empirical counterpoint to the modern theory of the multinational enterprise.' Emilio Ontiveros, Universidad Autonoma de Madrid, and CEO of AFI (Analistas Financieros Internacionales) 'This is a rigorous history and analysis of the process of internationalization of Spanish firms. Their vigorous expansion abroad is a signal to the world that Spain possesses formidable organizational and managerial capabilities.' Alvaro Cuervo, Complutense University of Madrid, and board member, ACS-Dragados 'At a time when Spanish foreign direct investment levels have finally caught up with those for other high-income countries, Mauro Guillen takes a closer look at the quality as opposed to quantity of such investments. His provocative conclusions should be of interest not just in specific regard to Spanish firms investing overseas but in the broader context of the debate about late internationalization.' Pankaj Ghemawat, Harvard Business School 'Guillen offers a fascinating account of Spain's reversal of fortune over the last decade from buyout target to a visible player in the global economy together with an insightful analysis of how this new position is reshaping Spain's self image, its views toward globalization and big business, and its actions in the international arena.' Donald Lessard, MIT Sloan School of Management 'A well-researched and fascinating book that should be of great interest to any student of multinational enterprises.' Jose R. de la Torre, Dean, Chapman Graduate School of Business, Florida International University 'There is nothing more effective than good theory and good data to counter myth and challenge misleading popular belief. Guillen's masterful combination of theory and data about the recent history of Spanish multinationals offers the most compelling interpretation of the international expansion of the Spanish economy that is available. A must for anyone interested in the fascinating evolution of the Spanish economy.' Angel Cabrera, President, Thunderbird-The Garvin School of International Management

'There is probably no more serious analysis of the Spanish multinational phenomena than this work.... This will be a much-discussed and cited book, and deservedly so. It focuses on a decisive process for the economy and society of twenty-first-century Spain. The book's final proposal, for the "'Europeanization' of Spain's Latin-American economic interest" (p. 231) will, it is hoped, give rise to much research and will help provide answers to the questions raised. And I eagerly await Guillen's nest discussion on the topic."
-Montserrat Pallares-Barbera, Economic Geography

'Mauro Guillén...demonstrates that the relationship between economic sociology and business history can be fruitful...Guillén has written a profound...essay on Spain's social and economic development, analyzed the main weaknesses of Spanish multinationals, and outlined a research agenda for business historians who are interested in the internationalization of Spanish firms."
-Nuria Puig, Universidad Complutense de Madrid, Spain, Business History Review

"The Rise of Spanish Multinationals is a must-read for sociologists of organizations, for students of globalization, and for business management executives. It conveys a tremendous amount of information in about two hundred pages and is extremely well organized and written. The book provides a magnificent opportunity to reflect on the opportunities and challenges of globalization for mid-size economies such as Spain's."
-Juan Diez Medrano, Department of Sociological Theory, University of Barcelona, Administrative Science Quarterly


Product Details

  • Hardcover: 278 pages
  • Publisher: Cambridge University Press (September 5, 2005)
  • Language: English
  • ISBN-10: 0521847214
  • ISBN-13: 978-0521847216
  • Product Dimensions: 9 x 6 x 1 inches
  • Shipping Weight: 1.5 pounds


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