Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not sent from the foreign parent company. Moreover, the...

Over the last two decades, the use of external outsourcing has become an important strategic issue, with increasing recognition of the benefits that effective outsourcing and international production strategies can provide. In the never-ending quest for greater efficiency and cost savings, many...