Subsidiary expansion/contraction during times of economic crisis

Chris Changwha Chung, Seung Hyun Lee, Paul W. Beamish, Takehiko Isobe

研究成果: Article

85 引用 (Scopus)

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This paper compares two real options - within-country growth and across-country operational flexibility - to examine subsidiary expansioncontraction during times of economic crisis. Specifically, we examine how the real options orientations of individual subsidiaries interact with the general characteristics of multinational enterprise networks. Our main findings are that: (a) economic crises can be detrimental for subsidiaries with stronger within-country orientations, and advantageous for those with stronger across-country orientations; and (b) network characteristics are not the sole determinants of subsidiary expansioncontraction - what really matters is how the real options orientations of individual subsidiaries mesh with the overall characteristics of the network they belong to.

元の言語English
ページ(範囲)500-516
ページ数17
ジャーナルJournal of International Business Studies
41
発行部数3
DOI
出版物ステータスPublished - 2010 4 1

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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