Based On Transaction Cost Analysis Of The Multinational Boundaries And Scale Optimization Study

Along with the deep-going of global economy, transnational corporations become the most important and most active subject in world economy. Recent years, on one hand mergers and acquisitions between transnational corporations become a tendency, on the other hand a lot of transnational corporations reduce their boundary and scale through subcontracting and asset-selling, and many companies employ inter-economic-organization, such as strategic alliances. The paper has big importance on theory and practice to discuss the boundary and scale of transnational corporations.The article apply the research policy of combining theory analysis and positive analysis, and combining historic analysis and practical analysis, put the margin analysis and equilibrium analysis of new classical economics and institution analysis and structure analysis of transaction cost economics into the analysis system of the boundary and scale of transnational corporations. Whole paper is according to the research order that from generalization to concretization, from static analysis to dynamic analysis and from definitude to blur.Firstly, this paper introduces the main content of transaction cost theory, including contract theory, indirect pricing theory and asset specificity theory. Secondly, on the base of dividing the resource-arrange pattern into market and enterprise, discuss the static optimization of the boundary and scale of transnational corporations with the static analysis of transaction cost , and then make it dynamic, discuss the dynamicoptimization of the boundary and scale of transnational corporations with the dynamic analysis of transaction cost. Thirdly, on the base of dividing the resource-arrange pattern into market, enterprise and inter-economic-organization, discuss the fuzzy boundary of transnational corporations. Lastly, we review the main standpoint of the paper.