| Author: | Chang, E. Taylor, M. S. |
| Title: | Control in multinational corporations (MNCs): The case of Korean manufacturing subsidiaries |
| Journal: | Journal of Management
1999 : VOL. 25:4, p. 541-565 |
| Index terms: | Multinational companies Manufacturing Agency theory Culture Control Asia USA |
| Freeterms: | Subsidiaries |
| Language: | eng |
| Abstract: | Using both agency theory and comparative national culture frameworks, this study investigates factors determining the degree and type of control used by American and Japanese multinational corporations (MNC) on their Korean subsidiaries. There are two characteristics of MNCs affected the control they exerted, that is, the degree of MNCs' ownership and the nationality of the MNC's headquarters. In overall, this study supported the usefulness of agency theory in explaining the degree of management control exerted, while national culture accounted for the type of control exerted. |
SCIMA