Why a Multinational Firm Chooses Expatriates: Integrating Resource‐Based, Agency and Transaction Costs Perspectives*
整合资源基础、代理和交易成本理论，解释并预测跨国公司如何配置管理资源，发现管理服务的治理决策受经理人相对能力及通过合同影响其行为的经济成本共同影响。
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.