20.500.12556/RUL-165632 Risk management in MNEs during global crises subsidiary control or autonomy? Tensions between control and autonomy in multinational enterprises (MNEs) have attracted considerable academic interest, which has been additionally fuelled by multiple crises following the 2008 global recession. These have intensified the exploration of interentity relationships within MNEs and their implications for risk and crisis management and resilience. Our study examines how the autonomy of subsidiaries in a risky Central and Eastern European market (Slovenia) influences risk and crisis management strategies as well as resilience of subsidiaries in the midst of global crises such as the Covid-19 pandemic and war in Ukraine. We analyse the performance of foreign subsidiaries during these two crises (2019–2022) with a particular focus on the impact of centralisation tendencies in the home country of the MNE’s headquarters on subsidiaries’ growth as well as their risk and crisis management responses. The results demonstrate above-average performance of foreign-owned subsidiaries, highlight the role of subsidiary autonomy in risk and crisis management, and show how multinationals prioritise the value creation of subsidiaries in emerging markets by granting them greater autonomy in times of crises. headquarters–subsidiary relations subsidiary autonomy risk management resilience global crises mednarodna podjetja obvladovanje tveganj krizno upravljanje subvencije true false true Angleški jezik Slovenski jezik Članek v reviji 2024-12-11 09:09:37 2024-12-11 09:09:40 2024-12-12 03:54:59 0000-00-00 00:00:00 2024 0 0 Str. 246-264 iss. 4 Vol. 26 Dec. 2024 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 005.931.1:339.94 2335-4216 10.15458/2335-4216.1347 218456835 Jaklic_et_al_EBR.pdf Jaklic_et_al_EBR.pdf 1 9430E03D50ECE1E0BB0C7CE7172D3DAD ef7b6bf72c0b0b79aad281af5bba34e90aea21521b05f24d834e380adf335f2f 395ad4c5-b797-11ef-b232-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=196850 https://www.ebrjournal.net/home/vol26/iss4/3/ 0 4334404d-b797-11ef-b232-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=196851 Fakulteta za družbene vede 0 0 0