Based in Washington, D.C., the Global Business Alliance (GBA) formerly known as the Organization for International Investment (OFII) is a trade association representing the interests of US subsidiaries of overseas corporations.
OFII now GBA traces its roots back to 1990 when a group of US subsidiaries of Foreign-Owned Corporations worked together to fight a tax in global profits.
As an aggressive advocate for fair, non-discriminatory treatment, OFII serves its member companies by monitoring and reporting new regulatory developments and by lobbying policymakers at the Federal and State level.
[2] OFII began using the term “insourcing” in 2004 to describe jobs created through Foreign Direct Investment in the United States.
[3] In addition to contributing to total employment, US affiliates of majority owned corporations remunerate their employees at a higher level than US firms.
In a report for the Organization for International Investment,[7] Professor Matt Slaughter of the Tuck School of Business at Dartmouth cites three channels through which Mergers and Acquisitions create better performing firms: 1) Revenues – Firms grow faster with new market opportunities often boosting employment and capital investment 2) Costs – Can be lowered because of operation at larger scale and realizing synergies from combining best practices across companies 3) Diversification – Gains can be realized, such as entering new markets and better managing ideas, internal capital markets, and risk.