The paper aims to explain how new cash management practices can be used to address institutional complexity in Multinational Enterprises (MNEs) and which are the effects on the organizational form. Based on a case study, cash pooling reveals to be an effective response for dealing with the financial crisis, even if shifting the complexity at an organizational level. Indeed, the MNE selected had to manage a centralized and decentralized organizational structure since the financial solution could not be adopted for all subsidiaries. The study shows that cash pooling can act as an organizational response only if a constant dialogue with subsidiaries is ensured.
CASH POOLING: AN ORGANIZATIONAL RESPONSE TO INSTITUTIONAL COMPLEXITY / Mucelli, Attilio; Alon, Anna; Venturini, Cristiano; Lepore, Dominique. - In: JOURNAL OF TRANSNATIONAL MANAGEMENT. - ISSN 1547-5778. - ELETTRONICO. - 25:4(2020), pp. 259-273.
CASH POOLING: AN ORGANIZATIONAL RESPONSE TO INSTITUTIONAL COMPLEXITY
Attilio Mucelli
;
2020-01-01
Abstract
The paper aims to explain how new cash management practices can be used to address institutional complexity in Multinational Enterprises (MNEs) and which are the effects on the organizational form. Based on a case study, cash pooling reveals to be an effective response for dealing with the financial crisis, even if shifting the complexity at an organizational level. Indeed, the MNE selected had to manage a centralized and decentralized organizational structure since the financial solution could not be adopted for all subsidiaries. The study shows that cash pooling can act as an organizational response only if a constant dialogue with subsidiaries is ensured.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
