Abstract

Abstract In this chapter, Mie Højris Dahl explores how sectoral differences and firm size impact the way that multinational enterprises articulate their global wealth chains. Dahl contrasts three beer and three pharmaceutical firms to assess how firm size informs wealth chain asset strategy. The contrast is between a simply commodity-based product, beer, and a product with high levels of intellectual property content, pharmaceuticals. Drawing on Orbis data, Dahl maps corporate structures to find where value chains and wealth chains are present, differentiating their function and jurisdictional location. Dahl finds that firm size and the extent of internationalization inform wealth chain use, especially modular and captive forms, with beer firms using wealth chains as much as pharmaceutical firms.

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