Moderating Effects of Ownership & National Governance on Relation between Expats & Subsidiary Exit

This paper investigates the boundary conditions of the nonlinear effect of expatriates, as a multinational enterprise (MNE) parent-foreign subsidiary governance mechanism, on foreign subsidiary exit. To do so, we draw on agency theory, corporate governance (CG), and the MNE parent-foreign subsidiary relationship literatures. We propose that the relationship between an MNE’s number of expatriates and the likelihood of foreign subsidiary exit is...