The Board of Directors in Foreign Subsidiaries

Laurent Leksell and Ulf Lindgren
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Laurent Leksell: Stockholm School of Economics
Ulf Lindgren: Stockholm School of Economics

Journal of International Business Studies, 1982, vol. 13, issue 1, 27-38

Abstract: This paper addresses the following questions: What role does the board of directors play in wholly and partly owned foreign subsidiaries in MNCs? What is the composition and responsibility of the subsidiary boards? What are the potential determinants of the role of effectiveness of the board? Three different roles are identified. The research indicates that certain strategic, structural, and environmental variables may explain differences in board functioning in different MNCs. The paper also discusses some factors which influences the functioning of the subsidiary board within an MNC.© 1982 JIBS. Journal of International Business Studies (1982) 13, 27–38

Date: 1982
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