<i>‘. . . a recommended read for those interested in headquarter-subsidiary relations in the multinational enterprise.’</i>
- Jasper Hotho, Journal of International Management,
This topical book illustrates that contemporary research has added complexity to the attributes of the multinational, with implications for the role of headquarters. It examines claims that subsidiaries contribute to the overall competitiveness of the corporation, that they are organized in corporate networks spanning country borders, and that they depend upon specific relationships in the external network. It is stressed that headquarters' knowledge of the multinational and its business environment is crucial, but also problematic. The eminent contributors question whether headquarters have become more or less important given the complexity of contemporary research, and argue that the answer to this question depends on the theoretical foundation adopted in the multinational.
Based on empirical studies, this invaluable book will be a captivating read for students and researchers interested in international business and international management.