Utilizing the broader agency perspective for studying headquarters-subsidiary relations in multinational companies

Anne Kristin Hoenen, Tatiana Kostova

Publikation: Wissenschaftliche FachzeitschriftOriginalbeitrag in FachzeitschriftBegutachtung

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.
OriginalspracheEnglisch
Seiten (von - bis)1 - 10
FachzeitschriftJournal of International Business Studies JIBS
PublikationsstatusVeröffentlicht - 1 Juni 2014

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