Headquarters’ roles and interventions in subsidiaries: a systematic review

Abstract

Purpose This study aims to review the existing literature on corporate-level strategy to develop a conceptual framework of the headquarters’ roles as well as situational factors influencing them. Design/methodology/approach The systematic review is conducted. Accordingly, 598 studies (published from 1962–2018) were extracted from three databases (ProQuest, EBSCO and Web of Science). Then, after screening and ensuring the quality by the TAPUPAS checklist, 53 articles were systematically analyzed by manual coding method. Findings In total, 31 interventions in the form of four roles, namely, “value creation,” “value reduction,” “portfolio management“ and “loss prevent“ were identified for headquarters (HQ). Furthermore, four influencing situational factors distinguish “business characteristics,” “headquarters characteristics,” “corporate company characteristics” and “characteristic of the HQ-subsidiary relationships.” Originality/value The value of this research can be outlined as: mapping the cutting edge on the topic and systematizes the current knowledge; presenting an integrative, unique conceptual framework of HQs’ roles and influences, and particularly, of situational factors that determine the consequents of the interventions; and producing practical insights for corporate parent managers considering the situational factors influencing HQs’ roles and influences in managing their business portfolio successfully.