Heterogeneous adaptability: Learning, cash resources, and the fine-grained adjustment of misaligned governance

Heterogeneous adaptability: Learning, cash resources, and the fine-grained adjustment of misaligned governance

Research Summary: When can a firm make fine-grained adjustments to misaligned subsidiary governance? We examine whether and under what conditions a firm will adapt the equity stake it owns in a subsidiary, enabling improved alignment of the stake with the uncertainty in the local environment. We pre...

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Bibliographic Details
Main Authors: MARTIN, Xavier, CUYPERS, Ilya
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
adaptability
equity stakes
governance alignment
learning
resources
International Business
Strategic Management Policy
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/7261
https://ink.library.smu.edu.sg/context/lkcsb_research/article/8260/viewcontent/SMJ_2023_Martin_Cuypers_pvoa_cc_by.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/7261
https://ink.library.smu.edu.sg/context/lkcsb_research/article/8260/viewcontent/SMJ_2023_Martin_Cuypers_pvoa_cc_by.pdf

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