How and to what extent should a transnational corporation's governance structures be differentiated to satisfy varying strategic roles played by foreign subsidiaries? Drawing on an agency theory perspective, we examine the effects of agency problems in the headquarters-subsidiary relationships...

The traditional department store was clearly the center of retail activity in cities and small towns in the United States during the first half of the 20th century. However, by the late 1970s and beyond, the department store industry began experiencing financial problems, and serious questions...

We investigate the heterogeneous effects of productivity dispersion on firms' organizational choices, depending upon sectoral characteristics. Using trade data on imports from non-related parties (outsourcing) and related parties (integration) in the South, we show that productivity dispersion...