The evolution of corporate parenting styles of multinational corporations under anticipated trajectories of development in global industries

IF 3.2 Q2 BUSINESS Review of International Business and Strategy Pub Date : 2024-01-22 DOI:10.1108/ribs-05-2023-0034

Igor Gurkov, Michael J. Morley

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Abstract

Purpose

This paper aims to present 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, on the evolution of the corporate parenting styles (CPSs) of multinational corporations (MNCs).

Design/methodology/approach

This viewpoint presents a novel view of CPSs as a set of relationships between the corporate centers of MNCs and their subsidiaries, including domestic ones, identifies the most likely connections between anticipated trajectories of development in global industries and the evolution of CPSs of MNCs and outlines directions for further research.

Findings

The anticipated trajectories of the development of global industries may result in changes in prevailing CPSs and lead to the proliferation of previously less common parenting styles. Although many of the anticipated changes in CPSs may be pursued by corporate headquarters (CHQs), a combination of powerful subsidiaries putting bottom-up pressure on CHQs and powerful owners capable of imposing requirements on top management teams and generating top-down pressure may affect the CPSs used by corporations.

Originality/value

The authors connect possible trajectories of development for global industries with the evolution of CPSs of MNCs.

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全球产业发展预期轨迹下跨国公司企业育儿方式的演变

目的本文旨在介绍联合国贸易和发展会议最近确定的全球产业几种可能的发展轨迹，即再分工、区域化、多样化和复制，对跨国公司企业养育方式（CPSs）演变的影响。设计/方法/途径这一观点将 CPSs 视为跨国公司的公司中心与其子公司（包括国内子公司）之间的一系列关系，确定了全球产业的预期发展轨迹与跨国公司 CPSs 演变之间最有可能存在的联系，并概述了进一步研究的方向。研究结果全球产业的预期发展轨迹可能会导致普遍的 CPSs 发生变化，并导致以前不太常见的育儿方式的扩散。尽管许多预期的 CPS 变化可能是由公司总部（CHQ）追求的，但强大的子公司对公司总部施加自下而上的压力，而强大的所有者能够对高层管理团队提出要求并产生自上而下的压力，这两者的结合可能会影响公司使用的 CPS。

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来源期刊

Review of International Business and Strategy BUSINESS-

CiteScore

6.90

自引率

25.80%

发文量

期刊介绍： Review of International Business and Strategy is keen to present contemporary and innovative research that proposes new perspectives or challenges existing theories, and that advances the understanding of issues related to international business and global strategy. Themes covered by the journal include (but are not limited to): Internationalization of firms and international entrepreneurship Effects of international environment (political, social, economic and institutional) on international business activities and firm strategies Knowledge transfer strategies and innovation in MNEs Location strategies in international business activities.