Subsidiary autonomy in transition economies: Italian SMEs in Central and Eastern European countries
Luciano Fratocchi and
Journal of East European Management Studies, 2013, vol. 18, issue 3, 336-370
This paper aims at shedding new light on the variables that indicate the level of autonomy of subsidiaries of internationalizing companies. Specifically, we examine subsidiaries located in the transition economies of Central and Eastern European Countries (CEECs). We identified a sample of 72 subsidiaries of micro, small and medium-sized Italian companies, and we assessed the impact of three variables on the subsidiary’s autonomy: the size; the strategic aim in the local market (market seeking or cost reduction); and the degree of economic development of the local country. Our results suggest that subsidiary's autonomy reflects local country characteristics, but not the economic development. Our findings also show that subsidiaries looking for penetrating the local market are generally more autonomous than the ones pursuing cost-cutting strategies.
Keywords: internationalization; subsidiary autonomy (search for similar items in EconPapers)
JEL-codes: F21 F23 L11 L21 L24 P31 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2013_03_pisoni
Ordering information: This journal article can be ordered from
Rainer Hampp Verlag, Journals, Vorderer Lech 35, 86150 Augsburg, Germany. A subscripton is required to access pdf files. Pay per article is available at
Access Statistics for this article
Journal of East European Management Studies is currently edited by Thomas Steger, editor-in chief
More articles in Journal of East European Management Studies from Rainer Hampp Verlag
Series data maintained by Rainer Hampp ().