Search results for "Subsidiary"
showing 10 items of 33 documents
The two faces of Nordic management? Nordic firms and their employee relations in the Baltic States
2009
This study examines Nordic management styles in union and non-union industrial enterprises in the Baltic States (Estonia, Latvia, Lithuania) through case studies of nine Nordic subsidiary companies, based on on-site interviews with management and employees.1 This analysis construes the ‘Nordic model’ of management style as ‘bargained constitutional’ or ‘sophisticated consultative’, following Purcell and Ahlstrand's (1994) matrix of management styles in the highly unionized countries of origin, characterized as coordinated market economies. The case studies reveal that in the Baltic liberal-market environment, Nordic employers exhibit a variety of management styles, ranging from sophisticate…
Nordic subsidiaries in the Baltic States: is model transfer possible?
2011
PurposeThis research seeks to ask to what extent model transfer in employee relations (in terms of employee representation, participation and workplace bargaining) occurs between Nordic and Baltic countries from the principal firm to the subsidiary. It also looks into explanations as to why model transfer occurs – or does not occur – from the perspective of the Nordic industrialist's labour management strategy.Design/methodology/approachThis is a case study comprising three clothing manufacturers and three engineering shops in different Baltic States: Estonia (population 1.4 million), Latvia (2.3 million) and Lithuania (3.4 million). These production sites have headquarters in three Nordic …
A transaction cost analysis of staffing decisions in international operations
2005
Abstract This paper analyzes staffing decisions in foreign subsidiaries from the perspective of transaction cost theory. We focus on the ex post transaction costs of the employment relation. Specifically, we look at the monitoring, bonding, maladaptation, and bargaining costs of conducting activities in specific subsidiaries in a foreign country. We hypothesize that the transaction costs of using expatriates are lower than those generated by local employees, especially in the higher managerial echelons of foreign subsidiaries, but also that costs can be reduced as individuals become more experienced. We also conjecture that ex post transaction costs are influenced by cultural differences be…
Co‐parenting through subsidiaries: A model of value creation in the multinational firm
2017
Research summary We analyze a novel way to configure and manage multinational networks and propose a model of "co-parenting", characterized by the sharing of parenting roles and distribution of responsibilities between two units. We develop our argument around the notion of the springboard subsidiary, an operating subsidiary which assumes headquarters’ functions since it shares greater institutional closeness with both the headquarters’ country as well as with the host region. Based upon qualitative data, our inductive model revolves around three stages: establishment, consolidation and maturity, each of which reflects distinct roles and loci of decision making among the three actors involv…
Which innovation strategy do internationalised firms follow?: evidence from Spain
2016
This paper compares the innovation strategy of internationalised firms, foreign-owned subsidiaries and domestic exporters, relative to firms that serve the domestic market only. The analysis is performed on a sample of manufacturing Spanish firms over the period 2006-2011. We not only focus on different forms of innovation, distinguishing between imitation and pioneer innovation, but also on the heterogeneity of exporters and foreign-owned firms. We find that foreign-owned firms and domestic exporters (excluding those serving only the EU market) are more likely to introduce market novelties ahead of competitors in low-tech sectors and, to a lesser extent, imitate more than local firms. Howe…
Tiesību palīgavotu mijiedarbības aspekti
2013
Elektroniskā versija nesatur pielikumus
Patrones de evolución de filiales en entornos volátiles
2010
En este trabajo se aplican y se extienden los patrones de evolución de filiales planteados por Birkinshaw y Hood, al estudiar la influencia de los entornos volátiles sobre los procesos de evolución de las filiales de empresas multinacionales. Utilizando una metodología cualitativa a través de 41 estudios de casos de filiales de diversos sectores localizadas en Venezuela, se observó que las mismas siguen procesos conducentes a la mejora, el refuerzo y al declive de sus roles. En los resultados se identifican a la matriz y la propia filial como impulsores de esos procesos, pero se aprecia también al entorno local como determinante de la evolución de las filiales, con lo cual se extienden los …
The Impacts of LBOs on the Performance of Acquired Firms: The French Case
2002
This paper investigates the financial characteristics and changes in performance of French companies involved in a leveraged buy-out. The empirical study covers a sample of 161 MBOs in France from 1988 to 1994. The acquired firms outperform their counterparts in the same sector of activity before and after the buy-out. However, unlike findings concerning LBOs in the USA and the UK, the performance of French firms falls after the operation is completed. This downturn in performance seems to be less detrimental to former subsidiaries of groups than to former family businesses.
Coordination mechanisms and parent-subsidiary relationships in volatile environments: a theoretical approach
2015
Este trabajo es una reflexión sobre cómo puede influir la volatilidad del entorno local de una filial sobre los mecanismos de coordinación que estructuran las relaciones matriz-filial: centralización, formalización y socialización, en presencia de algunos factores de contingencia tales como el enfoque estratégico de la multinacional, el país de origen, la complejidad, el tamaño y la edad. De igual manera se emplea la tipología sobre las relaciones matriz-filial de Ghoshal y Nohria (1989) para valorar su aplicabilidad en entornos volátiles. A partir de los razonamientos realizados se plantean algunas proposiciones y se presenta como principal conclusión que, en entornos volátiles, las relaci…
Intensidade das relaciones matriz-filial em filiais venezuelanas de empresas multinacionais
2012
Este trabajo estudia la intensidad de las relaciones matriz-filial en filiales establecidas en Venezuela, a través del análisis de la presencia de mecanismos de coordinación y control dominantes en esas relaciones, tomando en consideración la naturaleza del entorno venezolano. Se utilizó una metodología de carácter cualitativo, basada en el estudio de casos en 41 filiales de diferentes sectores, países de origen y nivel de recursos. El análisis evidenció que la formalización es el mecanismo de coordinación y control que más se emplea en las relaciones matriz-filiales, seguida por la socialización. Igualmente se observó que son factores moderadores en el uso de los mecanismos de coordinación…