Izvorni znanstveni članak
The role of financial and non-financial evaluation measures in the process of management control over foreign subsidiaries – Empirical evidence in Slovene multinational companies
Maja Zaman
; University of Ljubljana, Faculty of Economics
Sažetak
Within the last 10 years, the number of foreign subsidiaries, established by Slovene multinational companies during the internationalization process, has increased substantially. At the same time, active involvement of Slovene companies into the internationalization process has caused an increased interest in the field of co-ordination of domestic and international activities, as well as control over foreign subsidiaries. In the process of evaluation of their performance, financial as well as non-financial evaluation measures should be taken into consideration to prevent the short-term financial results being earned at the cost of long-term success of the subsidiary. Although numerous empirical studies related to management control over foreign subsidiaries have been carried out in the USA, as well as many European countries and elsewhere, extensive research in this field has not yet been carried out among Slovene multinational companies. The purpose of our research, carried out in 2003 among medium-sized and large Slovene multinational companies, was to find out to what extent the field of management control over foreign subsidiaries, with an emphasis on the role of financial and non-financial evaluation measures, has already evolved in these companies and to what extent they follow theoretical recommendations in the field of research.
Ključne riječi
management control; international business; Slovenia; empirical research
Hrčak ID:
184526
URI
Datum izdavanja:
13.7.2017.
Posjeta: 2.413 *