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논문 기본 정보

자료유형
학술대회자료
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한국경영학회 한국경영학회 융합학술대회 한국경영학회 2014년 통합학술발표논문집
발행연도
2014.8
수록면
1,718 - 1,725 (8page)

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Parent companies and subsidiaries of MNEs operate under different objectives. Parent firms want subsidiaries to fulfil its potentials while maintaining control to degrees subject to parent companies’strategic objectives and network configurations. Subsidiaries, on the other hand, seek to enhance their status within the MNE networks. To do so, subsidiaries often seek to gain autonomy as well as ability to influence other units in MNE network. Degree of autonomy of subsidiaries can be determined by the role and mandate given by the headquarters but other factors could influence subsidiary autonomy. The purpose of this study is to find out whether subsidiary``s competencies and local embeddedness positively affect autonomy of MNE subsidiaries in Korea. This study also seeks to reveal whether higher level of subsidiary autonomy indeed leads to higher subsidiary performance in terms of profitability, market share and perceived success. The results show that ⅰ) subsidiary competencies and local embeddedness have positive effect on subsidiary autonomy and ⅱ) higher the subsidiary autonomy, higher the perceived subsidiary performance. Subsidiaries should strive to utilize their competencies they possess and to immerse in local environment so as to enhance their autonomy which will consequently result in better performance.

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