Different roles for subsidiaries: the case of multinational corporations in Spain

Article Abstract:

Subsidiaries can play different roles in the strategies of multinational corporations (MNC). The strategies of subsidiaries can be analyzed in terms of the localization of activities and the degree of integration of activities. The strategies of 50 Spanish subsidiaries of MNCs were analyzed in terms of 11 variables, including the integration of the purchasing function, the percentage of products exported, and the integration of manufacturing processes. The results indicated that Spanish subsidiaries had an important role in the internationalization of the Spanish economy.

Corporations, Spain, Corporations, Spanish

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Managing foreign subsidiaries: agents of headquarters, or an interdependent network?

Article Abstract:

Issues related to the management of foreign subsidiary corporations are examined, focusing on agency theory and international interdependence as two management mechanisms. Topics include use of incentives, social control, and the relative importance of both intra-firm interdependence and headquarter control.

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Closure and divestiture by foreign entrants: the impact of entry and post-entry strategies

Article Abstract:

Issues related to the longevity of corporate presence in a foreign market are examined, focusing on how entrance strategies impact on exit strategies. Topics include ownership structures, such as joint ventures, and patterns of exit, such as divestiture or a decision to shut down.

Portugal, International aspects, Corporate divestiture, Divestiture

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