Abstract

The study draws on survey evidence from 332 foreign subsidiaries in a developed (New Zealand) and a developing (Brazil) economy to examine the relationship of MNE subsidiary characteristics (age and size) to subsidiary strategic and operational autonomy. It is found that subsidiary age and size do not affect subsidiary strategic autonomy, but subsidiary size may affect subsidiary operational autonomy. It is concluded that subsidiary size affects subsidiary operational autonomy if the subsidiary has a local market focus. The study suggests that for multi-country studies the heterogeneity of headquarter-subsidiary relationship and subsidiary national context be considered.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.