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Role of Endogenous Vintage Specific Depreciation in the Optimal Behavior of Firms

✍ Scribed by Cagri Saglam; Vladimir M. Veliov

Book ID
114826595
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
677 KB
Volume
4
Category
Article
ISSN
1742-7355

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This paper investigates how subsidiary companies are able to contribute to the firm-specific advantages of the multinational corporation (MNC). Specifically we examine the determinants of the contributory role of the subsidiary and subsidiary initiative. The study reveals the following significant r