Multinational businesses expand their operations worldwide by establishing subsidiaries abroad. Given that a subsidiary is an asset of the multinational company and serves the economic aims of the business headquarters (HQ), HQ-subsidiary interdependence and a continuous relationship seem to be unavoidable. The degree of interdependence naturally differs with the degrees of freedom granted to the…

As the situation in Greece comes to its dramatic conclusion,Europe faces at least five problems that are much deeper and more serious than Greek fiscal deficit and debt repayments.

The debate on the system of gender quotas for boards of directors is ongoing and although we should congratulate ourselves on some important advances, there is still a long way to go. I'm afraid the "coffee for all" approach often imposed in some countries, involving a mandatory percentage applicable to all companies in all sectors,…

I left Nairobi on Saturday. The airport surprised me with several improvements since last year. It has better organized control posts to enter the airport area, a world-class extension to Terminal 1, more eating facilities, etc. Security controls are extensive: I went through 3 screenings! Clearly, they don’t want to take risks. Who knows if…