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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| 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 |