Abstract
We propose the individual-level microfoundations of subsidiary CEOs in emerging markets as antecedents of the strategic agility of multinational enterprises, and subsidiary embeddedness as a key organizational-level moderator of these relationships. Combining quantitative data on subsidiary CEOs operating in India with qualitative interviews with Italian HQ counterparts, our results suggest that subsidiary CEOs’ tenure in emerging markets, along with their overall experience, affects MNE strategic agility positively. Similarly, CEOs’ cognitive characteristics - problem solving and reasoning, and language and communication skills (individual-level microfoundations) - affected strategic agility positively, while subsidiary embeddedness moderated these relationships in different ways, leaving space for fresh managerial and theoretical considerations.
Original language | English |
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Article number | 101272 |
Number of pages | 17 |
Journal | Journal of World Business |
Volume | 57 |
Issue number | 2 |
Early online date | 23 Nov 2021 |
DOIs | |
Publication status | Published - Feb 2022 |
Keywords
- CEO cognitive capabilities
- CEO experience
- Emerging markets
- Microfoundation
- Strategic agility
- Subsidiary CEO
ASJC Scopus subject areas
- Business and International Management
- Finance
- Marketing