Multinational enterprise parent-subsidiary governance and survival
研究了跨国企业母子公司治理机制（所有权、外派人员、区域总部）和东道国治理质量对外国子公司生存的影响，发现治理机制有正面作用，而东道国治理质量有负面作用，且在高治理质量环境下所有权和外派人员更有效。
We investigate the relationship between multinational enterprise parent-subsidiary governance (MNEPSG), host country governance quality (HCGQ), and foreign subsidiary survival. We draw upon agency theory, MNEPSG literature, and institutional theory to develop a holistic conceptual model. We test our hypotheses using a large longitudinal sample of 1,711 MNEs and 13,398 subsidiaries in 63 countries from 1990-2013. We find that key MNEPSG mechanisms (Ownership, Expatriates, and Regional Headquarters) positively impact foreign subsidiary survival, whereas HCGQ negatively impacts it; and that increasing Ownership and Expatriates is more effective in high HCGQ contexts. We discuss important implications for research and practice.