Foreign-Owned Subsidiaries and Regional Development: The Case of Sweden

Julian Birkinshaw

Chapter 11 in Multinational Corporate Evolution and Subsidiary Development, 1998, pp 268-298 from Palgrave Macmillan

Abstract: Abstract There continues to be a high level of interest in academic circles regarding the roles of subsidiary companies in multinational corporations (MNCs). This interest has been directed primarily towards the implications of subsidiary companies taking ever more strategic roles within their corporate system. As subsidiaries become ‘strategic leaders’ and gain ‘world product mandates’, it is argued, their relationship with headquarters shifts from one of subordination to equal partnership. This suggests a higher level of strategic discretion and opportunities for initiative on the part of the subsidiary (Birkinshaw, 1995), and a wholesale shift in the organisational logic of the MNC (Hedlund, 1994).

Keywords: Host Country; Parent Company; Nordic Region; Subsidiary Manager; Subsidiary Company (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26467-4_11

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DOI: 10.1007/978-1-349-26467-4_11

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