A microeconometric analysis of the springboard subsidiary: The case of Spanish firms

This paper provides a microeconometric analysis of the distinctive characteristics of springboard subsidiaries that have a positive impact on the subsidiaries’ performance. Based on panel data estimations for subsidiaries of European multinational companies with a presence in Spain, the authors foun...

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Autores:
Marulanda, Carolina Caicedo
Darder, Fidel León
Pla-Barber, José
Mora Rodríguez, Jhon James
Tipo de recurso:
Article of investigation
Fecha de publicación:
2015
Institución:
Universidad ICESI
Repositorio:
Repositorio ICESI
Idioma:
eng
OAI Identifier:
oai:repository.icesi.edu.co:10906/81725
Acceso en línea:
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84939611974&doi=10.5018%2feconomics-ejournal.ja.2015-23&partnerID=40&md5=ab9739dab2f0c558a9b771a2461b5fbf
http://hdl.handle.net/10906/81725
http://dx.doi.org/10.5018/economics-ejournal.ja.2015-23
Palabra clave:
Economía
Econometría
Análisis microeconométrico
Economics
Econometrics models
Microeconometric analysis
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
id ICESI2_306a6407ce507741f28f1f6136aa5941
oai_identifier_str oai:repository.icesi.edu.co:10906/81725
network_acronym_str ICESI2
network_name_str Repositorio ICESI
repository_id_str
dc.title.none.fl_str_mv A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
title A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
spellingShingle A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
Economía
Econometría
Análisis microeconométrico
Economics
Econometrics models
Microeconometric analysis
title_short A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
title_full A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
title_fullStr A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
title_full_unstemmed A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
title_sort A microeconometric analysis of the springboard subsidiary: The case of Spanish firms
dc.creator.fl_str_mv Marulanda, Carolina Caicedo
Darder, Fidel León
Pla-Barber, José
Mora Rodríguez, Jhon James
dc.contributor.author.spa.fl_str_mv Marulanda, Carolina Caicedo
Darder, Fidel León
Pla-Barber, José
Mora Rodríguez, Jhon James
dc.subject.spa.fl_str_mv Economía
Econometría
Análisis microeconométrico
topic Economía
Econometría
Análisis microeconométrico
Economics
Econometrics models
Microeconometric analysis
dc.subject.eng.fl_str_mv Economics
Econometrics models
Microeconometric analysis
description This paper provides a microeconometric analysis of the distinctive characteristics of springboard subsidiaries that have a positive impact on the subsidiaries’ performance. Based on panel data estimations for subsidiaries of European multinational companies with a presence in Spain, the authors found that if the subsidiary is located in the springboard country, then the performance improvement (increase in profit margin) of the subsidiary is about 49 percentage points. When the Spanish subsidiary is considered a springboard subsidiary, its performance is 7.7 percentage points higher than the performance of other subsidiaries that are not springboard subsidiaries. If the subsidiary has a technological relationship with another subsidiary, its performance is 6.7 percentage points higher than the performance of other subsidiaries that do not have a technological relationship. Finally, when the firm has low autonomy, the performance of the subsidiary is 6.2 percentage points lower than that of firms that are independent or have a high level of autonomy. © Author(s) 2015.
publishDate 2015
dc.date.issued.none.fl_str_mv 2015-07-25
dc.date.accessioned.none.fl_str_mv 2017-07-07T13:34:31Z
dc.date.available.none.fl_str_mv 2017-07-07T13:34:31Z
dc.type.none.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.issn.none.fl_str_mv 1864-6042
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dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10906/81725
dc.identifier.doi.none.fl_str_mv http://dx.doi.org/10.5018/economics-ejournal.ja.2015-23
dc.identifier.instname.none.fl_str_mv instname: Universidad Icesi
dc.identifier.reponame.none.fl_str_mv reponame: Biblioteca Digital
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identifier_str_mv 1864-6042
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reponame: Biblioteca Digital
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url https://www.scopus.com/inward/record.uri?eid=2-s2.0-84939611974&doi=10.5018%2feconomics-ejournal.ja.2015-23&partnerID=40&md5=ab9739dab2f0c558a9b771a2461b5fbf
http://hdl.handle.net/10906/81725
http://dx.doi.org/10.5018/economics-ejournal.ja.2015-23
dc.language.iso.none.fl_str_mv eng
language eng
dc.relation.ispartof.none.fl_str_mv Economics, Vol. 9, -2012
dc.rights.uri.none.fl_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0/
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dc.rights.license.none.fl_str_mv Atribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)
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Atribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.extent.spa.fl_str_mv 34 páginas
dc.format.medium.none.fl_str_mv Digital
dc.format.mimetype.none.fl_str_mv application/pdf
dc.coverage.spatial.none.fl_str_mv Kiel de Lat: 54 20 00 N degrees minutes Lat: 54.3333 decimal degrees Long: 010 08 00 E degrees minutes Long: 10.1333 decimal degrees
Germany de Lat: 34 53 00 N degrees minutes Lat: 34.8833 decimal degrees Long: 083 28 00 W degrees minutes Long: -83.4667 decimal degrees
dc.publisher.none.fl_str_mv Kiel Institute for the World Economy
dc.publisher.faculty.spa.fl_str_mv Ciencias Administrativas y Económicas
dc.publisher.faculty.none.fl_str_mv Facultad de Ciencias Administrativas y Económicas
dc.publisher.program.none.fl_str_mv Economía
dc.publisher.department.spa.fl_str_mv Departamento de Gestión Organizacional
dc.publisher.department.none.fl_str_mv Departamento de Economía
dc.publisher.place.none.fl_str_mv Kiel
Germany
publisher.none.fl_str_mv Kiel Institute for the World Economy
institution Universidad ICESI
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spelling Marulanda, Carolina CaicedoDarder, Fidel LeónPla-Barber, JoséMora Rodríguez, Jhon JamesKiel de Lat: 54 20 00 N degrees minutes Lat: 54.3333 decimal degrees Long: 010 08 00 E degrees minutes Long: 10.1333 decimal degreesGermany de Lat: 34 53 00 N degrees minutes Lat: 34.8833 decimal degrees Long: 083 28 00 W degrees minutes Long: -83.4667 decimal degrees2017-07-07T13:34:31Z2017-07-07T13:34:31Z2015-07-251864-6042https://www.scopus.com/inward/record.uri?eid=2-s2.0-84939611974&doi=10.5018%2feconomics-ejournal.ja.2015-23&partnerID=40&md5=ab9739dab2f0c558a9b771a2461b5fbfhttp://hdl.handle.net/10906/81725http://dx.doi.org/10.5018/economics-ejournal.ja.2015-23instname: Universidad Icesireponame: Biblioteca Digitalrepourl: https://repository.icesi.edu.co/This paper provides a microeconometric analysis of the distinctive characteristics of springboard subsidiaries that have a positive impact on the subsidiaries’ performance. Based on panel data estimations for subsidiaries of European multinational companies with a presence in Spain, the authors found that if the subsidiary is located in the springboard country, then the performance improvement (increase in profit margin) of the subsidiary is about 49 percentage points. When the Spanish subsidiary is considered a springboard subsidiary, its performance is 7.7 percentage points higher than the performance of other subsidiaries that are not springboard subsidiaries. If the subsidiary has a technological relationship with another subsidiary, its performance is 6.7 percentage points higher than the performance of other subsidiaries that do not have a technological relationship. Finally, when the firm has low autonomy, the performance of the subsidiary is 6.2 percentage points lower than that of firms that are independent or have a high level of autonomy. © Author(s) 2015.34 páginasDigitalapplication/pdfengKiel Institute for the World EconomyCiencias Administrativas y EconómicasFacultad de Ciencias Administrativas y EconómicasEconomíaDepartamento de Gestión OrganizacionalDepartamento de EconomíaKielGermanyEconomics, Vol. 9, -2012EL AUTOR, expresa que la obra objeto de la presente autorización es original y la elaboró sin quebrantar ni suplantar los derechos de autor de terceros, y de tal forma, la obra es de su exclusiva autoría y tiene la titularidad sobre éste. PARÁGRAFO: en caso de queja o acción por parte de un tercero referente a los derechos de autor sobre el artículo, folleto o libro en cuestión, EL AUTOR, asumirá la responsabilidad total, y saldrá en defensa de los derechos aquí autorizados; para todos los efectos, la Universidad Icesi actúa como un tercero de buena fe. Esta autorización, permite a la Universidad Icesi, de forma indefinida, para que en los términos establecidos en la Ley 23 de 1982, la Ley 44 de 1993, leyes y jurisprudencia vigente al respecto, haga publicación de este con fines educativos. Toda persona que consulte ya sea la biblioteca o en medio electrónico podrá copiar apartes del texto citando siempre la fuentes, es decir el título del trabajo y el autor.https://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)http://purl.org/coar/access_right/c_abf2EconomíaEconometríaAnálisis microeconométricoEconomicsEconometrics modelsMicroeconometric analysisA microeconometric analysis of the springboard subsidiary: The case of Spanish firmsinfo:eu-repo/semantics/articlehttp://purl.org/coar/resource_type/c_2df8fbb1Artículoinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a85Comunidad Universidad Icesi – Investigadores9134TEXTmora_microeconometric_analysis_2015.pdf.txtmora_microeconometric_analysis_2015.pdf.txttext/plain83995http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/81725/2/mora_microeconometric_analysis_2015.pdf.txt6be341a3a9fc24b7caa4af8b69b941d2MD52ORIGINALmora_microeconometric_analysis_2015.pdfmora_microeconometric_analysis_2015.pdfapplication/pdf360724http://repository.icesi.edu.co/biblioteca_digital/bitstream/10906/81725/1/mora_microeconometric_analysis_2015.pdff07ea7ef562ca8ae8a0d06e7c2fa8479MD5110906/81725oai:repository.icesi.edu.co:10906/817252017-09-12 20:46:03.769Biblioteca Digital - Universidad icesicdcriollo@icesi.edu.co