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Allocation of decision rights between the parent company and its subsidiaries

Liu, Yuanyuan; Luo, Ting; Yue, Heng - In: Journal of accounting, auditing & finance 33 (2018) 3, pp. 355-381

Persistent link: https://www.econbiz.de/10011887424

Allocation of Decision Rights between the Parent Company and Its Subsidiaries

Liu, Yuanyuan - 2016

This paper examines the determinants of allocation of decision rights between the parent company and its subsidiaries, and the economic consequence of suboptimal power structure. Based on China's unique double-disclosure for the parent company and the whole group, we construct a decentralization...

Persistent link: https://www.econbiz.de/10012993076

Co-evolution of emerging economy MNEs and institutions : a literature review

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Subnational institutions and outward FDI by Chinese firms : the mediating role of firm-specific advantages

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