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How Does Subsidiary Autonomy Influence Performance in the Emerging Economy: Different Moderating Effects of Subsidiary Entrepreneurship

  • Chengan Tsai ORCID logo EMAIL logo
Veröffentlicht/Copyright: 5. September 2022

Abstract

Previous research has confirmed the overall positive relationship between subsidiary autonomy and performance. However, given the lack of consensus regarding the effect of subsidiary autonomy on performance, contingency is required to understand complex linkages and possible causality in both developed and emerging economies. This study adopts the agency theory and entrepreneurship to address the interplay among subsidiary autonomy, entrepreneurship, and performance in the emerging economy of China. The empirical results indicate that renewal entrepreneurship has a positive moderating effect and venturing entrepreneurship has an inverted U-shaped moderating effect on the positive relationship between subsidiary autonomy and performance. This study extends the research context and contributes to the literature on agency theory and entrepreneurship in the multinational corporation.


Corresponding author: Chengan Tsai, Department of Business Administration, Shih Chien University, 70, Ta-Chi Street, 104, Taipei, Taiwan, E-mail:

Funding source: Ministry of Science and Technology of the Republic of China, Taiwan

Award Identifier / Grant number: MOST 107-2410-H-158-014

  1. Research funding: This work is supported by Ministry of Science and Technology of the Republic of China, Taiwan (Award Number: MOST 107-2410-H-158-014).

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Received: 2021-08-23
Revised: 2022-07-28
Accepted: 2022-08-11
Published Online: 2022-09-05

© 2022 Walter de Gruyter GmbH, Berlin/Boston

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  21. Should Start-Ups Be Green? Corporate Environmental Responsibility, Institutional Contexts, and Financial Performance of New Ventures
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Heruntergeladen am 1.1.2026 von https://www.degruyterbrill.com/document/doi/10.1515/erj-2021-0346/html
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