Quotation Hoenen, Anne Kristin, Kostova, Tatiana. 2014. Utilizing the broader agency perspective for studying headquarters-subsidiary relations in multinational companies. Journal of International Business Studies (JIBS) 1-10.


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Abstract

The nature of global business today increases the complexity of multinational companies and highlights the challenges of managing headquarters-subsidiary (HQ-Sub) relationships. We identify key unresolved issues in HQ-Sub relations including closing the gap between headquarters' expectations and subsidiary performance, managing the nested hierarchical relationships across multiple organizational layers, and aligning these relationships across diverse subunits embedded in different social contexts. We propose that agency theory, particularly its more recent progressions, can advance our understanding of these issues and we offer a perspective to guide such research. We discuss several research implications of the static bilateral, static multilateral, dynamic, and social and contextual streams of agency theory.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of International Business Studies JIBS
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, MAN-A+, STRAT-A, VW-A, WH-A
Language English
Title Utilizing the broader agency perspective for studying headquarters-subsidiary relations in multinational companies
Year 2014
Page from 1
Page to 10
URL http://www.palgrave-journals.com/jibs/journal/vaop/ncurrent/full/jibs201431a.html

Associations

People
Hoenen, Anne Kristin (Former researcher)
External
Kostova, Tatiana (Moore School of Business, United States/USA)
Organization
Institute for International Business (Fisch) (Details)
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