Benito, Gabriel R.G.; Tomassen, Sverre; Bonache-Pérez, … - In: Scandinavian Journal of Management 21 (2005) 1, pp. 101-126
This paper analyzes staffing decisions in foreign subsidiaries from the perspective of transaction cost theory. We focus on the ex post transaction costs of the employment relation. Specifically, we look at the monitoring, bonding, maladaptation, and bargaining costs of conducting activities in...