Capitalism is becoming increasingly global, with the dominance of multinational companies creating a large-scale reliance on subsidiaries. Scholarly attention has tended to focus on the owners and management of the multinationals, but when the focus is changed to that of subsidiaries, different aspects of business development and international capitalism come to light. Sandviks study looks at the Falconbridge nickel refinery in Kristiansand, Norway - a subsidiary of Canadian company Falconbridge Mines. The duration of ownership makes this an ideal case study and provides an insight into how local strategies can influence the dynamics of multinational companies the world over.
Preface
1 Aims and Approaches
2 The Industrial Background
3 The Rise and Fall of the Kristiansand Nickel Company, 1910-24
4 Falconbridge, the Kristiansand Plant and the Norwegian Business System, 1929-39
5 Vertical Integration and Trade Politics: Falconbridge's Success on World Markets in the 1930s
6 Managerial Practices and Transatlantic Tension
7 Occupied and Isolated, 1940-5
8 Restoring and Promoting the Subsidiarys Mandate: The Post-War Expansion
9 Multinational Enterprise and Norwegian Social Democracy
10 A Creative Subsidiary? Developing Kristiansands Knowledge Resources
11 The Weakening of Falconbridge and the Strengthening of the Kristiansand Subsidiary
12 Multinational Enterprise, Host Society and Environmental Challenges
13 Creating a Competitive Subsidiary
14 Conclusions: The Making of a Subsidiary