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BUSINESS INFORM №7-2018The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
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Section: Globalization Processes in the Economy UDC 339.924 Semenenko T. M. The Strategies for Internationalization of the Automotive TNCs in the Context of Global Financial-Economic Instability (p. 20 - 25)
The article is aimed at identifying key strategies for internationalization of automotive transnational corporations (TNCs) as one of the leading and strategically important sectors of the world economy against the backdrop of global financial and economic instability. The key internationalization strategies used by modern TNCs in the automotive industry are considered. In particular, attention is paid to the merger and acquisition agreements in the automotive industry. Along with substantiation of the need to modularization of the global automotive industry, importance of such process is considered. The outsourcing mechanism which is widely used by leading automakers world-wide is characterized. The modern corporate strategies of automotive TNCs are based on the fundamental reorganization of the geographical configuration of the global value chain, taking into consideration key trends in the development of the regional automotive markets. Keywords: automotive transnational corporations, strategies of internationalization, mergers and acquisitions, outsourcing, modularization. Fig.: 3. Tabl.: 2. Bibl.: 11. Semenenko Tetyana M. – Postgraduate Student, Department of International Accounting and Auditing, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine) Email: [email protected]
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Reference to this article: Semenenko, Tetyana M. (2018) “The Strategies for Internationalization of the Automotive TNCs in the Context of Global Financial-Economic Instability.” Business Inform 7:20–25.
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