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Global Performance Management in MNEs—Conceptualization and Profiles of Country–Specific Characteristics in China, Germany, and the United States
Author(s) -
Festing Marion,
Knappert Lena,
Dowling Peter J.,
Engle Allen D.
Publication year - 2012
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.21506
Subject(s) - conceptualization , multinational corporation , china , comprehension , regional science , balance (ability) , economic geography , political science , empirical research , business , sociology , economics , computer science , psychology , epistemology , law , neuroscience , philosophy , artificial intelligence , programming language
While multinational enterprises (MNEs) need to balance the global and local requirements of their global performance management (GPM) practices, GPM research lacks conceptual and encompassing comprehension of country‐specific peculiarities. First, this article suggests a conceptualization of the elements of GPM (criteria, actors, methods, purposes, feedback). Then, an encompassing literature review provides evidence for the peculiarities of the identified elements of GPM and their underlying explanations in different contexts. On this basis, the authors analyze the GPM elements in three culturally and institutionally diverse major economies (Germany, United States, and China). They suggest country‐specific GPM profiles that consistently and comprehensively capture the particularities present in various national contexts. Testable propositions are suggested as a basis for further empirical research. © 2012 Wiley Periodicals, Inc.