Sample size and percentage of PCN subsidiary managing directors in different HQ countries,
subsidiary country clusters and industries
Country of origin % of % of
of headquarters N PCNs Industry N PCNs
Denmark 88 18.2 Business & 71 12.7
management
services
UK 381 23.1 Rubber & 30 20.0
miscellaneous
plastics
Norway 49 24.5 Stone, glass & 72 23.6
clay products
Switzerland 207 25.6 Pharmaceutical 156 25.0
France 247 30.0 Food & related 132 25.8
products
Finland 200 30.0 Advertising 109 26.6
agencies
Netherlands 196 32.7 Electronic & electric 160 30.6
equipment
Sweden 389 34.2 Industrial 282 32.6
equipment
Germany 279 40.9 Instruments 70 32.9
Italy 52 48.1 Paper 101 33.7
Japan 601 76.5 Computers & office 128 34.4
machines
Industrial 175 37.7
chemicals
Total 2689 40.8 Engineering services 41 39.0
Insurance carriers & 139 39.6
agents
Household 84 40.5
appliancesSubsidary country
cluster
Scandinavia 164 14.6 Metal products 83 42.2
Western Europe 1351 33.3 Printing & 80 45.0
publishing
Eastern Europe 81 39.5 Oil & gas 25 48.0
Canada 94 41.5 Non depository 46 52.2
financial institutions
Australia/ 135 41.5 Telecommunications 62 53.2
New Zealand equipment
Latin America 254 50.8 Motor vehicles 82 62.2
and parts
Africa 53 58.5 Banks & banking 481 76.1
services
Asia 515 60.2 Security & commodity 80 84.8
brokers
Middle East 42 66.7
Total 2689 40.8 Total 2689 40.8
TABLE 10.2