In a company, of course, it has various subsidiaries, either one subsidiary or several subsidiaries. Moreover, various companies and even their own subsidiaries will present consolidated financial statements. This type of financial report itself is often used to compile the financial statements...

Based on the data of A-share companies in Shanghai and Shenzhen from 2007 to 2019, this paper conducts an empirical analysis on the impact of Chinese entity enterprises' sharing and holding financial leasing companies on their business performance. We find that holding the financial leasing...

Subsidiaries are important in the global strategy of multinational enterprises (MNEs). However, in the face of uncertainty and competition, the decision to divest a subsidiary from a market becomes a critical decision for MNEs. This study suggests that the factors for divesting subsidiaries are...

Existing literature has primarily identified financial and/or strategic considerations as drivers of international downsizing decisions. A subsidiary's performance seems to have a superior meaning among those considerations. Cultural distance is also an important factor, although its influence...

This study examines the factors influencing overseas subsidiary top managers’ (OSTMs) honorable non-compliance with their headquarters’ instructions or subsidiary mandates. Our grounded theory qualitative study is based on twenty-four (24) interviews with OSTMs from various industries in...

The effect of Outward Foreign Direct Investment (OFDI) on multinational enterprises’ innovation in emerging economies remains controversial. From the perspective of motivational diversification, this study examines the impact of OFDI on a parent company’s innovation performance, using the...

Captive finances are financial arms of large manufacturing and retailing firms, aiding their parents' sales by providing long-term loans to customers. However, a significant portion of their lending activities is directed towards independent vendors who operate under franchise agreements with...

This study investigates the relationships among the influence of the largest shareholder, the entry mode of foreign direct investment companies in Korea, and subsidiary divestitures to demonstrate how the government's FDI policies can work as a moderator. Using data from 468 foreign...

Group of companies usually have significant wealth and influence in any given economy and one of the requirements to monitor their activities is through requirement to produce group accounts as dictated by statutory provisions such as the Companies Act and relevant accounting standards. This is...

With globalisation, there has been an intensification of investments by foreign groups in sectors strategic to their country of origin, such as some minerals. It is, therefore, crucial for a parent company to implement specific controls in its management control systems. In these circumstances,...

Special Purpose Acquisition Company (SPAC) IPOs boomed starting in 2020. While SPAC IPO investors have earned 12.0% per year, returns for investors in merged companies are more complex. They have earned -7.3% in the first year on common shares but 64.4% on warrants. We rationalize why certain...

Although the operative benefits of Six Sigma methodology in the business world are well accepted, the long-term benefits of the initiative are currently under discussion. This paper aims to analyze how Six Sigma methodology is related to the knowledge transfer process, a source of competitive...

Using a large data set of European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than operations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...

Adopting an organizational identity-enhanced cross-level organizational ecology theory (OET) approach, we investigate how multinational corporations (MNCs) make subsidiary location decisions in response to increasing subnational FDI legitimacy in China. We suggest that the three constituent...

Special Purpose Acquisition Companies (“SPACs”) are shell companies formed for the purpose of acquiring an existing operating company. A typical characteristic of a SPAC is that it has no specific business plan at the time of establishment or that it is still unclear of its target company. A...

Bewerbung um die Position als Geschäftsführer -- Gestaltung und Abschluss des Geschäftsführer-Anstellungsvertrages -- Besonderheiten bei Allein- und Ressortgeschäftsführer -- Grundlagen der Geschäftsführung -- Besonderheiten im GmbH-Konzern -- Abberufung, Kündigung und Ausscheiden.

Wie sieht es mit der Mitbestimmung in ausländischen Unternehmen in Deutschland aus? Auf der Basis einer repräsentativen Umfrage sowohl des lokalen Managements als auch der Betriebsräte zeigt diese Studie, dass die Betriebsräte die Situation zwar deutlich kritischer sehen, grundsätzlich aber...

What roles should corporate headquarters (CHQs) of multinational enterprises (MNEs) play in foreign subsidiary initiatives? Rather than viewing the MNE's CHQ as a single, internally homogenous unit, we call for examining the diversity of individual decision-makers who can be driven by a variety...

Integrating insights from the literature on the multinational corporation into current perspectives on resource allocation, we argue that the ability of headquarters to create value through resource allocation to subsidiaries within the multinational corporation is contingent on the...

This study explores the relations between the different parts of headquarters (HQ) to which subsidiaries report and the knowledge-sharing patterns of subsidiaries in multinational corporations (MNCs). Despite the growing interest in the disaggregation of HQ, little is known about how...

So far, very little attention has been paid to the roles of foreign subsidiaries located in Poland and if or how these roles have evolved. Simultaneously, there exists strong empirical justification for assuming these roles have been evolving over the years. Through a literature review and...