Financial networks and the globalization of transnational corporations: the case of educational services

hall, sarah;

In this article, I advance understandings of the intersection between financial and educational services from an economic geographical perspective by examining the importance of financial networks in shaping the internationalization activities of forprofit business education service firms. By combining relational approaches to the
globalization of transnational corporations (TNCs) with work on monetary networks I argue that extra-firm networks with financial services are an important element in understanding how, where and why business education service firms internationalize. Theoretically, this argument responds to calls for firm finances to be more fully
incorporated into understandings of wider economic geographies and, in particular, addresses the neglect of finance in extant understandings of the internationalization of TNCs. Empirically, I position educational services as an overlooked business services
sector that deserves greater attention within economic geography.