Subsidiary

  1. Parent support was selective during the 2007–2009 crisis
    Banks allocated capital selectively within conglomerates during the 2007–2009 crisis, favoring stronger affiliates while restricting support to weaker ones, challenging regulatory assumptions.
  2. Local air pollution reduces expatriate deployment
    Study reveals that local air pollution significantly reduces expatriate deployment in multinational subsidiaries, with effects contingent on organizational experience and labor supply.