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Agency theory

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Multinational Enterprise Parent-Foreign Subsidiary Governance, Bassam Elias Farah Aug 2014

Multinational Enterprise Parent-Foreign Subsidiary Governance, Bassam Elias Farah

Electronic Thesis and Dissertation Repository

This dissertation investigates how a multinational enterprise’s (MNE) corporate headquarters governs its foreign subsidiaries. It draws on agency theory, prospect theory, and corporate governance literatures to develop a framework that describes select MNE parent-foreign subsidiary governance mechanisms expected to predict foreign subsidiary performance, measured as foreign subsidiary survival and profitability.

To test this framework, I first conducted a pilot Canadian study. It was followed by the main multi-country study. The Canadian study used mixed methods. It analyzed quantitative data, compiled from different sources, and qualitative data, collected through personal interviews with subsidiary managers. The main multi-country study used survival analysis …


The Effects Of The Environment And Corporate Governance On Illegal Cartel Activity, David Kunsch Aug 2012

The Effects Of The Environment And Corporate Governance On Illegal Cartel Activity, David Kunsch

Electronic Thesis and Dissertation Repository

Illegal corporate activity, including the price fixing activity of two or more firms through cartels, costs the global economy billions of dollars a year, yet its causes are neither well studied nor well understood in organizational literature. This thesis explores possible external and internal antecedents of illegal cartel activity through the management lenses of resource dependency theory and agency theory and the criminological theory of anomie in the examination of the research question “Why do corporations engage in illegal activity?” I posit that illegal international cartel activity is influenced by the environment in which the organization finds itself, moderated by …