Allocation of decision rights between the parent company and its subsidiaries

Allocation of decision rights between the parent company and its subsidiaries

This article examines the determinants of allocation of decision rights between the parent company and its subsidiaries, and the economic consequence of suboptimal power structure. Based on China’s unique double disclosure for the parent company and the whole group, we construct a decentralization i...

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Bibliographic Details
Main Authors: LIU, Yuanyuan, LUO, Ting, Heng YUE
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Decentralization
Power Structure
External Environmental Uncertainty
Internal Information Quality
Performance
Accounting
Corporate Finance
Online Access:https://ink.library.smu.edu.sg/soa_research/1553
https://ink.library.smu.edu.sg/context/soa_research/article/2580/viewcontent/AllocationDecisionRightsParentCompanySubsidiaries_2016.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/1553
https://ink.library.smu.edu.sg/context/soa_research/article/2580/viewcontent/AllocationDecisionRightsParentCompanySubsidiaries_2016.pdf

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