Expatriates in MNCs Corporate Governance and Management –
Centralization, Formalization and Financial Performance: The
Case of the Czech Republic

D 2014

Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic

KLAPALOVÁ, Alena, Maria KRÁLOVÁ and Petr PIROŽEK

Basic information

Original name

Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic

Authors

KLAPALOVÁ, Alena (203 Czech Republic, guarantor, belonging to the institution), Maria KRÁLOVÁ (203 Czech Republic, belonging to the institution) and Petr PIROŽEK (203 Czech Republic, belonging to the institution)

Edition

Reading, UK, Proceedings of the 2nd International Conference on Management, Leadership and Governance ICMLG 2014, p. 134 - 141, 8 pp. 2014

Publisher

Academic Conferences and Publishing International Limited

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50600 5.6 Political science

Country of publisher

United Kingdom of Great Britain and Northern Ireland

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/00216224:14560/14:00075438

Organization unit

Faculty of Economics and Administration

ISBN

978-1-909507-99-9

UT WoS

000340523100019

Keywords in English

corporate governance expatriates management centralization formalization performance

Abstract

V originále

One of the reasons why expatriates are engaged in MNCs is that they serve as one alternative of control and coordination system to reach goals and objectives of MNCs. Results of the empirical survey, which was carried out in 2011 with a sample of the 366 Czech subsidiaries of MNCs, indicates that there are significant differences not only in the extent of centralization of decision making within various areas of business functions (e.g. finance, human relation management, logistics, marketing) as well as several other issues important for business solely (product portfolio or choice of customers and suppliers) but also when comparing the level of involvement of expatriates in corporate governance and management in subsidiaries and the involvement of inpatriates through MNCs. The involvement is also associated to financial performance of subsidiaries (measured with the Return on Assets) and to the formalization of knowledge transfer. The findings lead to both theoretical and managerial implications. Future research could reveal a broader set of contextual influences and interconnections with other variables investigating the effect of various forms of expatriates’ representation on centralization of decision making and the outcomes of the individual forms. Research on what happens in knowledge transfer when expatriates are engaged directly in management or in a governing body can also enrich current knowledge of the expatriates´ role.

Citovat

KLAPALOVÁ, Alena, Maria KRÁLOVÁ and Petr PIROŽEK. Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic. Online. In Dover, P. , Harihan, S. and Cummings, M. Proceedings of the 2nd International Conference on Management, Leadership and Governance ICMLG 2014. Reading, UK: Academic Conferences and Publishing International Limited, 2014, p. 134 - 141. ISBN 978-1-909507-99-9.

@inproceedings{1182203,
   author = {Klapalová, Alena and Králová, Maria and Pirožek, Petr},
   address = {Reading, UK},
   booktitle = {Proceedings of the 2nd International Conference on Management, Leadership and Governance ICMLG 2014},
   editor = {Dover, P. , Harihan, S. and Cummings, M.},
   keywords = {corporate governance expatriates management centralization formalization performance},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Reading, UK},
   isbn = {978-1-909507-99-9},
   pages = {134 - 141},
   publisher = {Academic Conferences and Publishing International Limited},
   title = {Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic},
   year = {2014}
}

TY  - JOUR
ID  - 1182203
AU  - Klapalová, Alena - Králová, Maria - Pirožek, Petr
PY  - 2014
TI  - Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic
PB  - Academic Conferences and Publishing International Limited
CY  - Reading, UK
SN  - 9781909507999
KW  - corporate governance expatriates management centralization formalization performance
N2  - One of the reasons why expatriates are engaged in MNCs is that they serve as one alternative of control and coordination system to reach goals and objectives of MNCs. Results of the empirical survey, which was carried out in 2011 with a sample of the 366 Czech subsidiaries of MNCs, indicates that there are significant differences not only in the extent of centralization of decision making within various areas of business functions (e.g. finance, human relation management, logistics, marketing) as well as several other issues important for business solely (product portfolio or choice of customers and suppliers) but also when comparing the level of involvement of expatriates in corporate governance and management in subsidiaries and the involvement of inpatriates through MNCs. The involvement is also associated to financial performance of subsidiaries (measured with the Return on Assets) and to the formalization of knowledge transfer. The findings lead to both theoretical and managerial implications. Future research could reveal a broader set of contextual influences and interconnections with other variables investigating the effect of various forms of expatriates’ representation on centralization of decision making and the outcomes of the individual forms. Research on what happens in knowledge transfer when expatriates are engaged directly in management or in a governing body can also enrich current knowledge of the expatriates´ role.
ER  -

KLAPALOVÁ, Alena, Maria KRÁLOVÁ and Petr PIROŽEK. Expatriates in MNCs Corporate Governance and Management – Centralization, Formalization and Financial Performance: The Case of the Czech Republic. Online. In Dover, P. , Harihan, S. and Cummings, M. \textit{Proceedings of the 2nd International Conference on Management, Leadership and Governance ICMLG 2014}. Reading, UK: Academic Conferences and Publishing International Limited, 2014, p.~134 - 141. ISBN~978-1-909507-99-9.

Detailed Information on Publication Record