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Lessons in 'Cross-Vergence': Restructuring the Thai Subsidiary Corporation

This paper explores the impact of indigenous business culture upon the corporate restructuring program initiated in the Thai subsidiary of a Western multinational. Defined in terms of behavioral institutionalization, change implementation was largely resisted by one of two key strategic departments....

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Bibliographic Details
Published in:Journal of international business studies 2001-03, Vol.32 (1), p.77-93
Main Authors: Andrews, Tim G., Chompusri, Nartnalin
Format: Article
Language:English
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Summary:This paper explores the impact of indigenous business culture upon the corporate restructuring program initiated in the Thai subsidiary of a Western multinational. Defined in terms of behavioral institutionalization, change implementation was largely resisted by one of two key strategic departments. Using a conceptual framework developed from existing cross-cultural business research we examine the key determinants of local opposition and trace the emergence of 'cross-vergent' business practices acceptable to both 'Thai-market' and 'Western-corporate' agendas. Implications for the management of western corporate subsidiaries in the developing economy of Thailand are then discussed.
ISSN:0047-2506
1478-6990
DOI:10.1057/palgrave.jibs.8490939