Metin Sengul, professor of management at Texas McCombs, wondered why some companies structure themselves with a gap or “wedge” between their control rights and rights to the subsidiary’s earnings.

In new research, he finds two internal factors that influence those decisions:

Relatedness: how closely the subsidiary’s operations relate to the other businesses the parent operates, such as all being in segments of the auto industry.

Multimarket contact: the degree to which the parent and subsidiary face the same competitors in multiple geographic or product markets.

The brains of politically extreme individuals, whether left- or right-leaning, appear to respond to and process political information in surprisingly similar ways, according to research published by the American Psychological Association.

The stringent environmental regulations in China could potentially be enhancing productivity in the new energy sector, research from Harbin University of Science and Technology and Edith Cowan University (ECU) has found.