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Cambridge University Press Profit and Power: Arbitrage in the Era of the Multinational Corporation

Amazon

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£78.25 £74.39 £75.23 £76.07 £76.92 £77.76 £78.60 26 July 2026 07 August 2026 19 August 2026 31 August 2026 12 September 2026
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Price range: £75 - £78

Price levels: 3 different prices over 49 days

Description

Why are Multinational Corporations so powerful and elites so wealthy while still operating within nation-state rules? Profit and Power examines how firms engage in legal transgression, operating at the edges of legality to maximize profits. Offering a practical analysis of jurisdictional arbitrage, Ronen Palan exposes the hidden mechanisms behind corporate power in globalization and reveals how the rule-based transgressor elite emerged through strategic use of MNC structures. Tracing the origins to the late nineteenth century, Palan focuses on centrally-coordinated multi-corporate enterprises (CCMCEs) – networks of legally independent yet interconnected firms. He explores the gap between the legal entity and the corporate group, a loophole long exploited to arbitrage national regulations, including taxation. This is the first systematic study of jurisdictional arbitrage and its impact on states and society. By analysing corporate decision-making within fragmented regulatory environments, it unveils the systemic role of legal ambiguity in shaping modern capitalism and corporate dominance.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
22 January 2026
Listed Since
15 July 2025

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