: Patrick Heinecke
: Success Factors of Regional Strategies for Multinational Corporations Appropriate Degrees of Management Autonomy and Product Adaptation
: Physica-Verlag
: 9783790826401
: 1
: CHF 85.30
:
: Management
: English
: 292
: Wasserzeichen
: PC/MAC/eReader/Tablet
: PDF
This work examines the factors that drive the success of Multinational Corporations (MNCs) in their pursuit of regional strategies. The author develops a comprehensive regional success factor model, by which the effects of regional management autonomy and regional product and service adaptation on the regional success of MNCs as well as the interaction effects of regional orientation and inter-regional distance are investigated. The model is evaluated by means of the partial-least-squares (PLS) method on the basis of a survey-based inquiry of the Fortune Global 500 firms with success indicator data for a period of nine years. The findings highlight the importance of considering the different degrees of contextual influence in the design of regional strategies, where low degrees of regional management autonomy and high levels of regional product/service adaptation are found to be appropriate for MNCs to be regionally successful.
Success Factors of Regional Strategies for Multinational Corporations3
Appropriate Degrees of Management Autonomy and Product Adaptation3
Abstract5
Preface7
Contents9
List of Figures13
List of Tables15
Abbreviations17
Part I: Theoretical Setting for Regional Strategies and Regional Success21
Chapter 1: Introduction22
1.1 Introduction and Motivation22
1.2 Problem Set and Aim of Analysis23
1.3 Course of Analysis28
Chapter 2: Theoretical Foundation and Literature Review31
2.1 Multinational Corporations and Regional Strategies31
2.1.1 Multinational Corporations and Their Regional Dimensions of Strategy and Organization33
2.1.2 Regional Strategies and Their Theoretical Foundation36
2.1.2.1 Overview of Strategy Models for Multinational Corporations36
2.1.2.2 The Stopford and Wells Structure-Stadium Model39
2.1.2.3 The Ohmae Triad Power42
2.1.2.4 The Bartlett and Ghoshal Integration-Responsiveness Framework46
2.2 The Rugman Regional Strategy Matrix51
2.2.1 The Development of the Regional Strategy Matrix51
2.2.2 Home-Regional Strategy55
2.2.3 Host-Regional Strategy56
2.2.4 Bi-regional Strategy57
2.2.5 Multi-regional (or Global) Strategy58
2.2.6 Further Regional Strategies58
2.2.7 Regional Management61
2.2.8 Regional Products/Services63
2.3 Contingency Approach68
2.3.1 Contingency Theory68
2.3.2 Contingency Variables71
2.3.2.1 Regional Orientation71
2.3.2.2 Inter-regional Distance72
2.4 Concept of Regional Corporate Success75
2.4.1 Success Factor Theory75
2.4.2 Regional Corporate Success78
Part II: Development of a Regional Success Factor Model for the Analysis of the Regional Strategy-Success Relationship81
Chapter 3: Structural Equation Methodology82
3.1 Foundations of Structural Equation Modeling82
3.1.1 Alternative SEM Techniques: LISREL Versus PLS85
3.2 The Partial Least Squares Approach to Structural Equation Modeling90
3.2.1 Structural Model90
3.2.2 Measurement Model92
3.2.2.1 Reflective Measurement Model92
3.2.2.2 Formative Measurement Model93
3.2.2.3 Differentiation Between Reflective and Formative Measurement Models95
3.2.3 Quality Criteria for Evaluating Structural Equation Models97
3.2.3.1 Quality Criteria for Evaluating Reflective Measurement Models97
3.2.3.2 Quality Criteria for Evaluating Formative Measurement Models102
3.2.3.3 Quality Criteria for Evaluating a Structural Model107
Chapter 4: Regional Success Factor Model112
4.1 Model of Success Factors of Regional Strategies112
4.1.1 Regional Management Autonomy113
4.1.1.1 Regional Strategy Development114
4.1.1.2 Regional Market and Product/Service Development116
4.1.1.3 Regional Market Coordination117
4.1.1.4 Regional Operational Administration119
4.1.1.5 Rules of Correspondence and Research Hypothesis 1120
4.1.2 Regional Product/Service Adaptation122
4.1.2.1 Regional Design123
4.1.2.2 Regional Functional Scope124
4.1.2.3 Regional Offering Portfolio126
4.1.2.4 Regional Brands127
4.1.2.5 Rules of Correspondence and Research Hypothesis 2128
4.1.3 Contingency Variables131
4.1.3.1 Regional Orientation131
4.1.3.2 Rules of Correspondence and Research Hypotheses 3a/3b132
4.1.3.3 Inter-Regional Distance135
4.1.3.4 Rules of Correspondence and Research Hypotheses 4a/4b135
4.1.4 Regional Corporate Success138
4.1.5 Control Variables140
4.2 Summary: Regional Success Factor Model141
Part III: Success Factors of Regional Strategies: A New Perspective on the Geographic Competitiveness of Multinational Corporations143
Chapter 5: Research Design and Research Methodology144
5.1 Research Design144
5.1.1 Sample144
5.1.2 Database146
5.2 Research Methodology148
5.2.1 Methodology of Explorative Data Analysis148
5.2.2 Survey Methodology153
5.2.2.1 Survey Design153
5.2.2.2 Survey Implementation156
5.2.3 Modeling Methodology159
Chapter 6: Empirical Results163
6.1 Descriptive Statistics163
6.2 Explorative Data Analysis166
6.2.1 Data Analysis over Time166
6.2.2 Further Data Observations169
6.3 Model Evaluation172
Chapter 7: Discussion of Results and Implications181
7.1 Discussion of Theoretical Implications181
7.2 Discussion of Practical Implications197
7.2.1 Regional Management Autonomy as a Success Factor198
7.2.2 Regional Product/Service Adaptation as a Success Factor202
7.3 Limitations206
Chapter 8: Conclusions211
8.1 Conclusion211
8.2 Recommendations for Further Research213
Appendix215
References281