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This book aims at developing an understanding of the various contracting and control issues faced by the multinational enterprise. Emphasis is placed on the theoretical determinants of external contracting and the management control of multinational operations. These issues are illustrated with examples and 18 case studies of actual multinational and regional firm operations in China. In particular you will be able to: appreciate various theoretical determinants of international business contracting strategies and the organisational structures that complement those strategies; appreciate the cost/benefit trade-offs that are associated with the various contracting arrangements of foreign direct investment in China; and appreciate the significance of various managerial accounting and control techniques that can support the various forms of contracting that are used by foreign multinationals in China.