Why a multinational firm chooses expatriates: Integrating resource-based, agency and transaction costs perspectives

Danchi Tan, J. T. Mahoney

Research output: Contribution to journalArticle

Abstract

This paper develops an integrative organizational economics framework explaining and predicting multinational firms' managerial resource deployments based on resource-based, agency, and transaction costs theories. Our empirical findings suggest that the governance decision for managerial services of multinational firms is influenced not only by the comparative capabilities of managers, but also by the economic costs to the firm of influencing the behaviours of managers through managerial contracting.

Original languageEnglish (US)
Pages (from-to)457-484
Number of pages28
JournalJournal of Management Studies
Volume43
Issue number3
DOIs
StatePublished - May 1 2006
Externally publishedYes

Fingerprint

Managers
Economics
Costs
Agency costs
Resource-based
Transaction costs
Expatriates
Multinational firms
Contracting
Transaction cost theory
Economic cost
Resources
Organizational economics
Governance

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management of Technology and Innovation

Cite this

Why a multinational firm chooses expatriates : Integrating resource-based, agency and transaction costs perspectives. / Tan, Danchi; Mahoney, J. T.

In: Journal of Management Studies, Vol. 43, No. 3, 01.05.2006, p. 457-484.

Research output: Contribution to journalArticle

@article{678e3404998e47139d1fd862309c8aa5,
title = "Why a multinational firm chooses expatriates: Integrating resource-based, agency and transaction costs perspectives",
abstract = "This paper develops an integrative organizational economics framework explaining and predicting multinational firms' managerial resource deployments based on resource-based, agency, and transaction costs theories. Our empirical findings suggest that the governance decision for managerial services of multinational firms is influenced not only by the comparative capabilities of managers, but also by the economic costs to the firm of influencing the behaviours of managers through managerial contracting.",
author = "Danchi Tan and Mahoney, {J. T.}",
year = "2006",
month = "5",
day = "1",
doi = "10.1111/j.1467-6486.2006.00598.x",
language = "English (US)",
volume = "43",
pages = "457--484",
journal = "Journal of Management Studies",
issn = "0022-2380",
publisher = "Wiley-Blackwell",
number = "3",

}

TY - JOUR

T1 - Why a multinational firm chooses expatriates

T2 - Integrating resource-based, agency and transaction costs perspectives

AU - Tan, Danchi

AU - Mahoney, J. T.

PY - 2006/5/1

Y1 - 2006/5/1

N2 - This paper develops an integrative organizational economics framework explaining and predicting multinational firms' managerial resource deployments based on resource-based, agency, and transaction costs theories. Our empirical findings suggest that the governance decision for managerial services of multinational firms is influenced not only by the comparative capabilities of managers, but also by the economic costs to the firm of influencing the behaviours of managers through managerial contracting.

AB - This paper develops an integrative organizational economics framework explaining and predicting multinational firms' managerial resource deployments based on resource-based, agency, and transaction costs theories. Our empirical findings suggest that the governance decision for managerial services of multinational firms is influenced not only by the comparative capabilities of managers, but also by the economic costs to the firm of influencing the behaviours of managers through managerial contracting.

UR - http://www.scopus.com/inward/record.url?scp=33646395396&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=33646395396&partnerID=8YFLogxK

U2 - 10.1111/j.1467-6486.2006.00598.x

DO - 10.1111/j.1467-6486.2006.00598.x

M3 - Article

AN - SCOPUS:33646395396

VL - 43

SP - 457

EP - 484

JO - Journal of Management Studies

JF - Journal of Management Studies

SN - 0022-2380

IS - 3

ER -