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Managing the Multinationals provides a greater understanding of the
ways multinational corporations operate in the age of
globalisation. It is an in-depth analysis of the control mechanisms
used by multinationals, and considers among other issues the
structure and strategy of multinationals, the role of expatriates
in controlling subsidiaries, the international transfer of managers
and international human resource management. Using extensive data
from over one hundred multinationals with headquarters in nine
different countries and subsidiaries located in 22 nations, this
international survey is one of the most important studies of its
kind. It demonstrates that the control mechanisms of multinationals
towards their subsidiaries vary according to the characteristics of
their headquarters, such as the country of origin and strategy. The
author explains that the features of the subsidiaries, including
age, size, role and function, also affect the control mechanisms of
the multinationals. From the empirical evidence it is shown that
expatriates play an essential role in controlling foreign
subsidiaries through personal control, socialisation of local
managers and the development of communication networks. This
innovative new book will be welcomed by those interested in the
fields of organisation and management studies, international and
human resource management and international business.
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