The Theoretical Research of Group Headquarters:A Perspective of Network Embeddedness

Abstract

Abstract:

With the global value network reconfiguration, the relationship of parent-subsidiary corporation has changed from a hierarchical relationship to network partners. From a perspective of network embeddedness, the paper reviews the evolution of group headquarters theory research. Then the paper discusses the role of group headquarters and itsvalue creation, embeddedness overlap of group headquarters, network control, and the relationship between group headquarters' value creation and network effects. The paper indicates that group headquarters shift the emphasis away from administrative and resource control to value creation. Finally, the paper points out the direction of further research on group headquarters.

Key words: group headquarters, parent-subsidiary relationship, value creation, management control

Wang Chang, Xu Jian, Wan Jian. The Theoretical Research of Group Headquarters:A Perspective of Network Embeddedness[J]. , 2015, 27(12): 164-170.

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