Subsidiary power: Loaned or owned? The lenses of agency theory and resource dependence theory

Research Summary We analyze power relationships in subsidiaries of multinational corporations. We explain how despite many advances in the literature, there is still an unresolved debate with respect to the critical question of whether subsidiary power is loaned or owned. We develop an overarching f...

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Bibliographic Details

Published in:	Global strategy journal Vol. 9; no. 4; pp. 491 - 501
Main Authors:	Cuervo‐Cazurra, Alvaro, Mudambi, Ram, Pedersen, Torben
Format:	Journal Article
Language:	English
Published:	Chichester, UK John Wiley & Sons, Ltd 01-11-2019 Wiley Subscription Services, Inc
Subjects:	Agency theory Corporate governance evolution Interlocking directorates multinational corporations power resource dependence Subsidiaries
Online Access:	Get full text
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