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The People's Republic of China has become one of the largest recipients of foreign direct investments since its accession to the World Trade Organization in 2001, even for long-term interests. Keeping control over subsidiaries remains a crucial issue for success or failure of international acting companies. This book reveals the multidimensional control processes of Austrian manufacturing companies that operate subsidiaries, whether they are international joint ventures or wholly foreign owned enterprises in the PRC. Based on qualitative research this book examines utilized control and coordination mechanisms in foreign subsidiaries in the PRC. Further concerning control mechanisms, problems at the interface between the headquarters subsidiary relationship are analyzed. A second issue of this book focuses on the topic of corporate culture and its importance for subtle control processes in the PRC.
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