2020 年 9 巻 1 号 p. 147-153
As research attention began to shift toward the regional strategy, previous studies have focused on how does regional level organization structure facilitate the regional strategy. An important prerequisite which is missing, we believe, is an empirical check whether and when regional headquarters (RHQs) promote the regional strategies or not. In this study, we use data on the Japanese multinational manufacture corporations and their oversea subsidiaries including regional headquarters to test this question. In particular, we are interested in the relationship between the establishment of RHQs and the performance of subsidiaries associated with this headquarter, and when RHQs can improve the performance of subsidiaries. The result shows that, although RHQs do not positively affect subsidiaries’ performance in all regions, RHQs in EU do have a positive and significantly impact on the performance of subsidiaries in the region. One could infer this strong positively effects generate when the regional strategy is highly demanded, due to the high degree of regional economic integration.