Concepedia

FOREIGN SUBSIDIARY COMPENSATION STRATEGY: AN AGENCY THEORY PERSPECTIVE.

Academy of Management Journal · 1996 · 536 citations · 54 references

Concepts

BusinessInternational BusinessInternational ManagementAgency TheoryBusiness StrategyForeign Direct InvestmentCompensation StrategyHeadquarters-subsidiary RelationshipsInternational CompensationInternational Corporate StrategyMultinational Enterprise StrategySubsidiary StrategyAgency Cost TheoryAgency Theory In CompensationCompensation ArrangementsForeign Subsidiary StrategyInternational Pay StructuresSubsidiary RoleWholly Owned Foreign Subsidiaries

Abstract

This study extends agency theory to explain the design of compensation strategy in foreign subsidiaries competing within global industries. Results from 100 subsidiaries in five countries indicate ...

References

54

Theory of the firm: Managerial behavior, agency costs and ownership structure

Michael C. Jensen, William H. Meckling · Journal of Financial Economics · 1976 · 70.7K citations

Management, Business Economics, Corporate Governance +16

Cultures and Organizations: Software of the Mind.

Harry C. Triandis, Geert Hofstede · Administrative Science Quarterly · 1993 · 17.9K citations · Full text

Social Sciences, Strategic Management, Strategy +16

Culture's Consequences: International Differences in Work-Related Values.

Arndt Sorge, Geert Hofstede · Administrative Science Quarterly · 1983 · 15.2K citations

Management, Cultural Studies, Organizational Behavior +13

Agency Theory: An Assessment and Review

Kathleen M. Eisenhardt · Academy of Management Review · 1989 · 9.4K citations

Management, Business Economics, Organizational Behavior +11

Moral Hazard and Observability

Bengt Holmström · The Bell Journal of Economics · 1979 · 8.5K citations

Business, Business Economics, Contract Law +17