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Patterns and performance of multinational and domestic food wholesale firms
Author(s) -
Constas Kimon J.,
Vichas Robert P.
Publication year - 1981
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.4090020106
Subject(s) - multinational corporation , subsidiary , business , industrial organization , value (mathematics) , resource (disambiguation) , commerce , finance , computer network , machine learning , computer science
This is a study of comparative efficiencies of domestic Puerto Rican firms and subsidiaries of multinational corporations, all food wholesalers, operating under similar environmental dimensions during a period of distinct opportunity for total market expansion and an unexpected threat to market shares. Using a linear model, the relationship between value added and operating expenses demonstrates that foreign subsidiaries were distinctly superior in resource management initially but that by the last year of the study local management showed greater improvement in lowering operating expenses and a tendency to imitate the models of technological and managerial efficiencies of the foreign firms.