Today, many Multinational Corporations (MNCs) generate more turnover abroad than in their home countries. Their value chain activities are spread across the globe (Porter 1986: 23) and foreign subsidiaries play a crucial role in creating value within and for the MNC. While some MNCs are aware of their subsidiaries’ performance, others have only a vague idea. Evaluation of performance, however, is one central aspect in international management. But why is performance evaluation so important for MNCs and their management?
KeywordsPerformance Evaluation Business Unit Foreign Subsidiary Management Control System Strategic Role
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