[Excerpt] Global or local? Multinational corporations (MNCs) regularly wrestle with this issue in multiple domains, including human resource management (HRM). Where on the standardized – localized continuum should HR policies and practices fall? Research on this issue generally favors standardization with a touch of localization. But this dictum stems from studies focusing on MNCs headquartered in developed countries (mainly the United States). What about MNCs from emerging countries attempting to gain footholds in more mature economies? Do they lean in the same direction?