Distant Encounters of the Third Kind: Multinational Companies Locating Divisional Headquarters Abroad

Journal of Management Studies

Volumn 48, Issue 2, 2011, Pages 373-394

  Benito, Gabriel R G ^a   Lunnan, Randi ^a   Tomassen, Sverre ^a  

^a BI NORWEGIAN BUSINESS SCHOOL   (Norway)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79951563189     PISSN: 00222380     EISSN: 14676486     Source Type: Journal    
DOI: 10.1111/j.1467-6486.2010.00962.x     Document Type: Article

References (80)

1. Andersson, U., Forsgren, M. and Holm, U. (2002). 'The strategic impact of external networks: subsidiary performance and competence development in the multinational corporation'. Strategic Management Journal, 23, 976-96.
2. Baaij, M., Van Den Bosch, F. and Volberda, H. (2004). 'The international relocation of corporate centres: are corporate centres sticky?'. European Management Journal, 22, 141-9.
3. Barkema, H. G. and Vermeulen, F. (1998). 'International expansion through start-up or acquisition: a learning perspective'. Academy of Management Journal, 41, 7-26.
4. Barner-Rasmussen, W., Piekkari, R. and Björkman, I. (2007). 'Mobility of headquarters in multinational corporations'. European Journal of International Management, 1, 260-74.
5. Bartlett, C. A. (1986). 'Building and managing the transnational: the new organizational challenge'. In Porter, M. E. (Ed.), Competition in Global Industries. Boston, MA: Harvard Business School Press, 367-401.
6. Bartlett, C. A. and Ghoshal, S. (1989). Managing Across Borders: The Transnational Solution. Boston, MA: Harvard Business School Press.
7. Benito, G. R. G. (2005). 'Divestment and international business strategy'. Journal of Economic Geography, 5, 235-51.
8. Benito, G. R. G. and Gripsrud, G. (1992). 'The expansion of foreign direct investments: discrete rational location choices or a cultural learning process?'. Journal of International Business Studies, 23, 461-76.
9. Benito, G. R. G. and Narula, R. (2007). 'States and firms on the periphery: the challenges of a globalizing world'. In Benito, G. R. G. and Narula, R. (Eds), Multinationals on the Periphery. London: Palgrave, 1-24.
10. Benito, G. R. G., Larimo, J., Narula, R. and Pedersen, T. (2002). 'Multinational enterprises from small economies: internationalization patterns of large companies from Denmark, Finland and Norway'. International Studies of Management and Organization, 32, 57-78.
11. Benito, G. R. G., Berger, E., Forest, M. and Shum, J. (2003a). 'A cluster analysis of the maritime sector in Norway'. International Journal of Transport Management, 1, 203-15.
12. Benito, G. R. G., Grøgaard, B. and Narula, R. (2003b). 'Environmental influences on MNE subsidiary roles: economic integration and the Nordic countries'. Journal of International Business Studies, 34, 443-56.
13. Birkinshaw, J. M., Braunerhjelm, P., Holm, U. and Terjesen, S. (2006). 'Why do some multinational corporations relocate their headquarters overseas?'. Strategic Management Journal, 27, 681-700.
14. Björkman, I., Stahl, G. K. and Vaara, E. (2007). 'Cultural differences and capability transfer in cross-border acquisitions: the mediating roles of capability complementarity, absorptive capacity, and social integration'. Journal of International Business Studies, 38, 658-72.
15. Blau, P. M. (1970). 'A formal theory of differentiation in organizations'. American Sociological Review, 35, 201-18.
16. Boddewyn, J. J., Halbrich, M. B. and Perry, A. C. (1986). 'Service multinationals: conceptualization, measurement and theory'. Journal of International Business Studies, 17, 41-57.
17. Bouquet, C. and Birkinshaw, J. M. (2008a). 'Weight versus voice: how foreign subsidiaries gain attention from corporate headquarters'. Academy of Management Journal, 51, 577-601.
18. Bouquet, C. and Birkinshaw, J. M. (2008b). 'Managing power in the multinational corporation: how low-power actors gain influence'. Journal of Management, 34, 477-508.
19. Brouthers, K. D. and Bamossy, G. J. (1997). 'The role of key stakeholder in international joint venture negotiations: case studies from Eastern Europe'. Journal of International Business Studies, 28, 285-308.
20. Brouthers, K. D., Gelderman, M. and Arens, P. (2007). 'The influence of ownership on performance: stakeholder and strategic contingency perspectives'. Schmalenbach Business Review, 59, 225-42.
21. Buckley, P. J. and Casson, M. C. (1976). The Future of the Multinational Enterprise. London: Macmillan.
22. Campbell, A. and Verbeke, A. (1994). 'The globalization of service multinationals'. Long Range Planning, 27, 95-102.
23. Cantwell, J. and Mudambi, R. (2005). 'MNE competence-creating subsidiary mandates'. Strategic Management Journal, 26, 1109-28.
24. Chandler, A. D. (1991). 'The functions of the HQ unit in the multibusiness firm'. Strategic Management Journal, 12, 31-50.
25. Chung, C.-N. and Luo, X. (2008). 'Institutional logics or agency costs: the influence of corporate governance models on business group restructuring in emergent economies'. Organization Science, 19, 766-84.
26. Collis, D. J., Young, D. and Goold, M. (2007). 'The size, structure, and performance of corporate headquarters'. Strategic Management Journal, 28, 384-405.
27. Delany, E. (2000). 'Strategic development of the multinational subsidiary through subsidiary initiative-taking'. Long Range Planning, 33, 220-44.
28. Dunning, J. H. (1981). International Production and the Multinational Enterprise. Boston, MA: Allen and Unwin.
29. Dunning, J. H. (1988). Explaining International Production. London: Unwin Hyman.
30. Eisenhardt, K. M. (1989). 'Agency theory: an assessment and review'. Academy of Management Review, 14, 57-74.
31. Enright, M. J. (2005). 'Regional management centers in the Asia-Pacific'. Management International Review, 45, 57-80.
32. Fligstein, N. (2001). The Architecture of Markets: An Economic Sociology of Twenty-First Century Capitalist Societies. Princeton, NJ: Princeton University Press.
33. Forsgren, M., Holm, U. and Johanson, J. (1992). 'Internationalisation of the second degree: the emergence of European-based centres in Swedish firms'. In Young, S. and Hamill, J. (Eds), Europe and the Multinationals. Cheltenham: Edward Elgar.
34. Forsgren, M., Holm, U. and Johanson, J. (1995). 'Division headquarters go abroad - a step in the internationalization of the multinational corporation'. Journal of Management Studies, 32, 475-91.
35. Foss, N. J. (1997). 'On the rationales of corporate headquarters'. Industrial and Corporate Change, 6, 313-38.
36. Friedland, R. and Alford, R. R. (1991). 'Bring society back in: symbols, practices, and institutional contradictions'. In Powell, W. W. and DiMaggio, P. J. (Eds), The New Institutionalism in Organizational Analysis. Chicago, IL: University of Chicago Press, 232-66.
37. Frooman, J. (1999). 'Stakeholder influence strategies'. Academy of Management Review, 24, 191-205.
38. Frost, T. S., Birkinshaw, J. M. and Ensign, P. C. (2002). 'Centers of excellence in multinational corporations'. Strategic Management Journal, 23, 997-1018.
39. Galbraith, J. (2000). Designing the Global Organization. San Francisco, CA: Jossey Bass.
40. Ghemawat, P. (2001). 'Distance still matters: the hard reality of global expansion'. Harvard Business Review, 79, 137-47.
41. Goerzen, A. and Makino, S. (2007). 'Multinational corporation internationalization in the service sector: a study of Japanese trading companies'. Journal of International Business Studies, 38, 1149-69.
42. Goold, M., Campbell, A. and Alexander, M. (1994). Corporate Level Strategy: Creating Value in the Multibusiness Company. Chichester: Wiley.
43. Goold, M., Pettifer, D. and Young, D. (2001). 'Redesigning the corporate centre'. European Management Journal, 19, 83-91.
44. Grøgaard, B. and Benito, G. R. G. (2007). 'The internationalization patterns of Norwegian firms: does industry matter?'. In Benito, G. R. G. and Narula, R. (Eds), Multinationals on the Periphery. London: Palgrave, 74-97.
45. Hennart, J.-F. (1982). A Theory of Multinational Enterprise. Ann Arbor, MI: University of Michigan Press.
46. Hennart, J.-F. (1991). 'Control in multinational firms: the role of price and hierarchy'. Management International Review, 31, 71-96.
47. Hitt, M. A., Hoskisson, R. E. and Ireland, R. D. (1994). 'A mid-range theory of the interactive effects of international and product diversification on innovation and performance'. Journal of Management, 20, 297-326.
48. Holm, U. and Pedersen, T. (Eds) (2000). The Emergence and Impact of MNC Centres of Excellence. London: Macmillan.
49. Horst, T. and Koropeckyi, S. (2000). 'Headquarters effect'. Regional Financial Review, 21, 16-29.
50. Hymer, S. H. (1976). The International Operations of National Firms: A Study of Direct Foreign Investment. Cambridge, MA: MIT Press.
51. Johanson, J. and Vahlne, J.-E. (1977). 'The internationalization process of the firm - a model of knowledge development and increasing foreign market commitments'. Journal of International Business Studies, 8, 23-32.
52. Kogut, B. and Zander, U. (1993). 'Knowledge of the firm and the evolutionary theory of the multinational corporation'. Journal of International Business Studies, 24, 625-45.
53. Lawrence, P. R. and Lorsch, J. W. (1967). 'Differentiation and integration in complex organizations'. Administrative Science Quarterly, 12, 1-47.
54. Lawrence, P. R. and Lorsch, J. W. (1986). Organization and Environment: Managing Differentiation and Integration, 2nd edition. Boston, MA: Harvard Business School Press.
55. Meyer, K. E. and Lieb-Doczy, E. (2003). 'Post-acquisition restructuring as evolutionary process'. Journal of Management Studies, 24, 625-45.
56. Meyer, K. E., Mudambi, R. and Narula, R. (2011). 'Multinational enterprises and local contexts: the opportunities and challenges of multiple embeddedness'. Journal of Management Studies, 48, 235-52.
57. Mudambi, R. (2008). 'Location, control and innovation in knowledge-intensive industries'. Journal of Economic Geography, 8, 699-725.
58. Mudambi, R. and Navarra, P. (2004). 'Is knowledge power? Knowledge flows, subsidiary power and rent-seeking within MNCs'. Journal of International Business Studies, 35, 385-406.
59. Murtha, T. P. and Lenway, S. A. (1994). 'Country capabilities and the strategic state: how national political institutions affect multinational corporation's strategies'. Strategic Management Journal, 15, 113-29.
60. Narula, R. (2002). 'Innovation systems and "inertia" in R&D location: Norwegian firms and the role of systemic lock-in'. Research Policy, 31, 795-816.
61. Narula, R. (2003). Globalization & Technology: Interdependence, Innovation Systems and Industrial Policy. Cambridge: Polity Press.
62. Nohria, N. and Ghoshal, S. (1994). 'Differentiated fit and shared values: alternatives for managing headquarters-subsidiary relations'. Strategic Management Journal, 15, 491-502.
63. O'Donnell, S. W. (2000). 'Managing foreign subsidiaries: agents of headquarters, or an independent network?'. Strategic Management Journal, 21, 525-48.
64. Ouchi, W. G. (1980). 'Markets, bureaucracies, and clans'. Administrative Science Quarterly, 25, 129-42.
65. Perlmutter, H. V. (1969). 'The tortuous evolution of the multinational corporation'. Columbia Journal of World Business, 4, 9-18.
66. Porter, M. E. (1990). The Competitive Advantage of Nations. New York: The Free Press.
67. Prahalad, C. K. and Doz, Y. (1981). 'Strategic control: the dilemma in headquarters subsidiary relationships'. In Otterbeck, L. (Ed.), The Management of Headquarter Subsidiary Relationships in Multinational. Corporations. Aldershot: Gower, 187-203.
68. Pyndt, J. and Pedersen, T. (2006). Managing Global Offshoring Strategies: A Case Approach. Copenhagen: Copenhagen Business School Press.
69. Reve, T. and Jakobsen, E. W. (2001). Et Verdiskapende Norge (A Value-Creating Norway). Oslo: Universitetsforlaget.
70. Roth, K. and O'Donnell, S. (1996). 'Foreign subsidiary compensation strategy: an agency theory perspective'. Academy of Management Journal, 39, 678-703.
71. Rugman, A. M. and Verbeke, A. (2004). 'A perspective on regional and global strategies of multinational enterprises'. Journal of International Business Studies, 35, 3-18.
72. Solberg, C. A. (2007). 'Moving out of the country: an exploratory study of the impact of country, cluster and firm-related factors'. In Benito, G. R. G. and Narula, R. (Eds), Multinationals on the Periphery. London: Palgrave, 206-27.
73. Stopford, J. M. and Wells, L. T. (1972). Managing the Multinational Enterprise. New York: Basic Books.
74. Strandell, A. C. (2008). The International Location of Headquarters of Multinationals. Working Paper, Swedish Institute for Growth Policy Studies, Stockholm.
75. Thompson, J. D. (1967). Organizations in Action: Social Science Bases of Administrative Theory. New York: McGraw-Hill.
76. UNCTAD (2003). World Investment Report 2003. FDI Policies for Development: National and International Perspectives. New York and Geneva: United Nations Publications.
77. Vernon, R. (1966). 'International investment and international trade in the product life cycle'. Quarterly Journal of Economics, 80, 190-207.
78. Wanner, H., LeClef, X. and Shimizu, H. (2004). 'Global headquarters on the move: from administrators to facilitators'. Prism - Arthur D. Little, 12, 63-78.
79. Westney, D. E. and Zaheer, S. (2001). 'The multinational enterprise as an organization'. In Rugman, A. M. and Brewer, T. L. (Eds), The Oxford Handbook of International Business. Oxford: Oxford University Press, 349-79.
80. Whitley, R. D. (1999). Divergent Capitalisms. The Social Structure and Change of Business Systems. Oxford: Oxford University Press.