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Instead of FIRA : autonomy for Canadian subsidiaries?

Author: Samuel Wex
Publisher: Montreal, Quebec : Institute for Research on Public Policy, ©1984.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
From the back cover: A president of a foreign-controlled subidiary recently commented: "As the Canadian subsidiary of a multi-national, we do not necessarily always operate to do the best we can for our local books. We are attempting to optimize the parent company's books.". How can this perspective be changed so that the Canadian subidiary can gain a heightened sense of its independence as a profit centre, without  Read more...
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Additional Physical Format: Online version:
Wex, Samuel, 1941-
Instead of FIRA.
Montreal, Quebec : Institute for Research on Public Policy, ©1984
(OCoLC)609801858
Document Type: Book
All Authors / Contributors: Samuel Wex
ISBN: 0886450128 9780886450120
OCLC Number: 11819289
Description: xx, 90 pages ; 23 cm
Responsibility: Samuel Wex.
More information:

Abstract:

From the back cover: A president of a foreign-controlled subidiary recently commented: "As the Canadian subsidiary of a multi-national, we do not necessarily always operate to do the best we can for our local books. We are attempting to optimize the parent company's books.". How can this perspective be changed so that the Canadian subidiary can gain a heightened sense of its independence as a profit centre, without a change occurring in ownership or formal control relationships? Canadian public policy, contends Samuel Wex, should seek to encourage maximization of the subsidiary's profits by focusing on its productivity and its international competitiveness. Its performance should stamp it as a good corporate citizen. In order to bring about this change of perspective, different approaches will be needed to create autonomous subsidiaries that are entrepreneurial and outward looking. These approaches, if adopted, could lead to an open-dorr policy to new foreign investment that would be entrepreneurial and innovative.

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