Rights statement: This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Journal of Economic Geography following peer review. The definitive publisher-authenticated version Faulconbridge, James R, Business services and the financing of global production networks: the case of global law firms in Southeast Asia, Journal of Economic Geography 2019 19 (4): pp 897–919 is available online at: https://academic.oup.com/joeg/article/19/4/897/5280960
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Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Business services and the financing of global production networks
T2 - the case of global law firms in Southeast Asia
AU - Faulconbridge, James Robert
N1 - This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Journal of Economic Geography following peer review. The definitive publisher-authenticated version Faulconbridge, James R, Business services and the financing of global production networks: the case of global law firms in Southeast Asia, Journal of Economic Geography 2019 19 (4): pp 897–919 is available online at: https://academic.oup.com/joeg/article/19/4/897/5280960
PY - 2019/7/1
Y1 - 2019/7/1
N2 - Financial and business services (FABS) as intermediaries play a significant role in global production networks (GPNs). Yet the mechanisms through which they influence the activities of lead and supplier firms in GPNs have received little in-depth attention. The paper addresses this shortcoming and examines how global legal business services configure the financial discipline of transnational corporations in Southeast Asia. It documents the way FABS articulate financial imperatives and encourage the reproduction of ‘global financial architectures’. It also shows, however, that temporal dynamics and spatial specificities in the power relations between FABS and transnational corporations (TNCs) generate variegated financial configurations. Southeast Asian TNCs adopt and adapt in ways that serve their interests. This implies that the governance effects of FABS have important temporal and spatial contingencies that need to be accounted for in analyses of GPNs.
AB - Financial and business services (FABS) as intermediaries play a significant role in global production networks (GPNs). Yet the mechanisms through which they influence the activities of lead and supplier firms in GPNs have received little in-depth attention. The paper addresses this shortcoming and examines how global legal business services configure the financial discipline of transnational corporations in Southeast Asia. It documents the way FABS articulate financial imperatives and encourage the reproduction of ‘global financial architectures’. It also shows, however, that temporal dynamics and spatial specificities in the power relations between FABS and transnational corporations (TNCs) generate variegated financial configurations. Southeast Asian TNCs adopt and adapt in ways that serve their interests. This implies that the governance effects of FABS have important temporal and spatial contingencies that need to be accounted for in analyses of GPNs.
U2 - 10.1093/jeg/lby066
DO - 10.1093/jeg/lby066
M3 - Journal article
VL - 19
SP - 897
EP - 919
JO - Journal of Economic Geography
JF - Journal of Economic Geography
SN - 1468-2702
IS - 4
ER -