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Politics of Intra-firm Trade: Corporate Price Planning and the Double Role of the Arm's Length Principle
| Content Provider | Semantic Scholar |
|---|---|
| Author | Ylönen, Matti Teivainen, Teivo |
| Copyright Year | 2018 |
| Abstract | ABSTRACTIntra-firm trade is an emerging issue. One of its key elements is the international shifting of profits, for example, through transfer pricing that big enterprises use to cross-subsidise their subsidiaries, often to avoid taxes. Accounting rules conceal much of the information about transfer pricing, reproducing secrecy and facilitating the use of administered prices. Given the prevalence of administered price setting, a significant amount of international trade cannot be meaningfully analysed as market transactions. This provokes questions about the validity of market assumptions in research on trade in particular and global capitalism more generally. Our specific contribution focuses on the role of the arm’s length principle and the significance of cross-subsidisation and other forms of corporate planning in intra-firm trade. Under certain conditions, price planning by private corporations should be analysed as political rule within the economic sphere. Since the politics of the world economy is... |
| Starting Page | 441 |
| Ending Page | 457 |
| Page Count | 17 |
| File Format | PDF HTM / HTML |
| DOI | 10.1080/13563467.2017.1371124 |
| Volume Number | 23 |
| Alternate Webpage(s) | https://research.aalto.fi/files/15811677/Politics_of_Intra_firm_Trade_Corporate_Price_Planning_and_the_Double_Role_of_the_Arm_s_Length_Principle.pdf |
| Alternate Webpage(s) | https://research.aalto.fi/files/31191794/Politics_of_Intra_firm_Trade_Corporate_Price_Planning_and_the_Double_Role_of_the_Arm_s_Length_Principle.pdf |
| Alternate Webpage(s) | https://helda.helsinki.fi//bitstream/handle/10138/235582/Yl_nen_Teivainen_2017_Politics_of_Intra_firm_Trade.pdf?sequence=1 |
| Alternate Webpage(s) | https://doi.org/10.1080/13563467.2017.1371124 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |