By Jochen Legewie, Hendrik Meyer-Ohle (eds.)
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Additional info for Corporate Strategies for South East Asia after the Crisis: A Comparison of Multinational Firms from Japan and Europe
It takes a lengthy period for employees to adjust to this culture, and undoubtedly there is a potential conflict between a desire for control for efficiency reasons and autonomy for creativity. Balancing Control and Autonomy Although this topic is equally significant from a subsidiary level perspective, one area of contention relevant to the present discussion is the role of corporate headquarters. A recent Conference Board study (Financial Times 2 March 1999) on this topic highlighted certain common characteristics of headquarters in well-managed companies in the USA, Europe and Asia.
World Bank (1998b) Global Economic Prospects and the Developing Countries 1998/99: Beyond Financial Crisis, Washington DC: World Bank. Yanagihara, T. (1993) Asia-Pacific Economic Zone: Its Emergence and Evolution', Journal of International Economic Studies, vol. 7, pp. 1-17. Yoshitomi, M. and K. Ohno (1999) 'Capital-Account Crisis and Credit Contraction', Asian Development Bank Institute Working Paper no. 2, May 1999, Tokyo: Asian Development Bank Institute. 3 The Role of Foreign MNCs in the Technological Development of Singaporean Industries Poh Kam Wong and Annette A.
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