Management Control Systems in Subsidiaries of Multinationals in the Emerging Market of Central Eastern Europe
Year: 2005
Type: other
Abstract: Using transaction cost theory and the theory of multinational enterprise, this study examines the extent of the degree to which management of multinational companies can control over its subsidiaries' configuration and coordination abilities. Empirical results showed that the subsidiaries enjoyed a significant freedom when decentralized standards were used in operational and the production activities. In the long-run, however, the centralized standards worked better¿ the greater the coordination activities between the multinational companies and their subsidiaries the lesser the control needed.
Authors: Joanna Gusc, H.J. Bremmers, S.W.F. Omta
Institution: Wageningen University & Research
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1537211175