The paper uses principal-agent and transaction cost theories to analyze the concept of control in multinational enterprises in the framework of economic institutions of markets and firms which use the price system and hierarchy as methods of organizations. ■ This theoretical framework is then used to analyze some of the relationship studied in the organization theory literature of the MNE
CITATION STYLE
Hennart, J.-F. (1993). Control in Multinational Firms: the Role of Price and Hierarchy. In Organization Theory and the Multinational Corporation (pp. 157–181). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-22557-6_7
Mendeley helps you to discover research relevant for your work.