Книга Foreign Market Subsidiary Mandates Nicolas Lohr

Foreign Market Subsidiary Mandates

A Select and Temporary MNC Phenomenon?

Автор: Nicolas Lohr
Език: Английски език
Корици: С меки корици
Наличност: Външен склад
Изпращаме след 5-8 дни
52.70 103.07 лв
This book investigates how foreign subsidiaries of multinational corporations expand their presence...

Информация за книгата

Автор
Език
Английски език
Корици
Книга - С меки корици
Издадена
2013
страници
294
EAN
9783658026677
ISBN
3658026677
Enbook ID
01688687
Теглоt
4099
Размери
148 x 210 x 18

Пълно описание

This book investigates how foreign subsidiaries of multinational corporations expand their presence and functional scope into foreign territories. It thereby focuses on how cross-border subsidiary mandates are obtained and how they develop over time. Multiple case-studies based on in-depth interviews with HQ and subsidiary management suggest that subsidiary internationalization represents a select MNC phenomenon and that associated foreign market mandates are only of temporary nature. Foreign subsidiaries appear to receive cross-border responsibility if their value proposition for overcoming liability of inter-regional foreignness is capable of more than offsetting any risk increase that stems from principal-agent relationships between corporate headquarters and foreign subsidiaries. Following the initial mandate gain, the subsidiary s restrained access to HQ-like functions, intra-MNC competition and altering localization degrees in the market covered by the mandate puts the sustainability of cross-border responsibilities at risk. As a consequence, internationalization trajectories of foreign subsidiaries often follow discontinuous rather than gradual evolutionary paths. In addition, cross-border subsidiary mandates often appear to be predefined and temporary in nature. They might actually have a limited life span from their very conception.

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