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ANTICIPATED TRAJECTORIES OF DEVELOPMENT IN GLOBAL INDUSTRIES AND THE EVOLUTION OF CORPORATE PARENTING STYLES OF MULTINATIONAL CORPORATIONS
National Research University Higher School of Economics
,
2022.
No. 65.
Gurkov I. B., Morley M.
World Investment Report 2020 by UNCTAD identified several possible trajectories of development for many industries, namely re-shoring, regionalization, diversification, and replication. We argue that those trajectories of development may result in changes to prevailing corporate parenting styles and may also lead to the emergence of less common parenting styles. We present a typology of corporate parenting styles and outline likely changes to these styles arising from the different developmental trajectories and the major actors of the changes in corporate parenting styles. Although many of the anticipated changes may be pursued by corporate headquarters, a combination of powerful subsidiaries putting bottom-up pressure on corporate headquarters, along with powerful owners, capable of imposing requirements on top management teams and generating top-down pressure, may enact new corporate parenting styles.
Keywords: форсайтмеждународные корпорацииforesightorganizational changeорганизационные измененияmultinational corporationscorporate parenting stylesкорпоративные родительские стилиheadquarter-subsidiary relationstrajectories of development of global industriesвзаимоотношения штаб-квартир с дочерними компаниямитеории развития глобальных отраслей
Gurkov I. B., Morley M., Review of International Business and Strategy 2024 Vol. 34 No. 2 P. 218-230
Abstract
Purpose
This paper presents the impact of several likely trajectories of development for global industries, namely re-shoring, regionalization, diversification, and replication, recently identified by the United Nations Conference on Trade and Development (UNCTAD), on the evolution of the corporate parenting styles of multinational corporations (MNCs).
Design/methodology/approach
This viewpoint presents a novel view of corporate parenting styles as a ...
Added: January 5, 2024
Igor Gurkov, Filinov N., International Journal of Organizational Analysis 2023 Vol. 31 No. 6 P. 2359-2371
Abstract Purpose – This paper outlines the current and future influence of digitalization on corporate parenting styles of multinational corporations. Design/methodology/approach – We employed conceptual modeling in this study. Findings – We identified five types of corporate parenting styles (Hypnos, Cronus, Rhea, Zeus, and Athena). The overall impact of digitalization on corporate parenting styles is ...
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Based on a review of allied literatures, along with evidence from two waves of research conducted in a range of wholly owned multinational subsidiaries operating in Russia, we seek to reignite interest in corporate parenting theory. In an effort at so doing, we advance a revised and extended typology of multinational corporate parenting styles designed ...
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undertheorized as a result of a dearth of constructs that capture and reflect the complex facets of
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The aim of the chapter is to evaluate the concept of corporate parenting styles, identify missing elements in the theoretical constructs, and develop new theoretical constructs.
Methodology/approach
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Findings
The chapter presents ...
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