Introduction: M.Geppert, D Matten & K Williams PART A: CHALLENGES FOR MANAGEMENT THEORY AND PRACTICE For Boundedness in the Study of Comparative and International Business: The case of the Diversified Multidivisional Corporation: R.Whittington & M.Mayer Global Change Management Approaches in Multinational Corporations and Distinct National Trajectories; M.Geppert, D.Matten & K.Williams Control Mechanisms and Patterns of Reorganization in Multinational Corporations; F.Becker-Ritterspach, K.Lange & K.Lohr Headquarter Subsidiary Relationships in Multinational Companies: A British German Comparison; A.Harzing, A.Sorge & J.Paauwe Extending the Perspective: Small & Medium Sized Enterprises as Competitors and Network Partners of Multinational Corporations; M.Brussig & L.Gerlach PART B: HUMAN RESOURCE MANAGEMENT AND INDUSTRIAL RELATIONS IN EUROPE: THE PRESSURES OF GLOBALIZATION Multinational Companies, Institutional Environments and the Diffusion of HRM Practices: A.Tempel Middle Managers: Differences between Britain & Germany; H.Ganter, P.Walgenbach Resistance is Useless! The Problems of Trade Union Organization in the European Fast-Food Industry: The Case of McDonalds; T.Royle Global Market Pressures in a Regional Context: Experiences from Field Research in the Industrial Region of South-Wales, UK; J. Boggis PART C: GLOBALIZATION AND THE INSTITUTIONAL AND CULTURAL FRAMEWORK OF EUROPE: AN OUTLOOK The Effects of Globalization on State-Business Relationships: A Conceptual Framework: I.Taplin Globalization and the Effects of Diversity and National Identity: Illustrations from Three British Companies: A.Lorbiecki German Management Facing Globalization: The 'German Model' on Trial; G.Schmidt & K.Williams