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A tactical retreat? Conceptualising the dynamics of European grocery retail divestment from East Asia

Steve Burt, Neil M. Coe and Keri Davies

International Business Review, 2019, vol. 28, issue 1, 177-189

Abstract: The internationalisation of the firm is a highly dynamic process, in which periods of investment and expansion intermingle with periods of divestment and retrenchment. Academic research to date has focused on identifying the reasons for and the processes of divestment. Empirical studies either evidence generic pressures or provide case studies of specific incidents. There few longitudinal studies of international divestment, consequently the dynamic interactions between host market, home market and firm level factors, and how the institutional context changes over time is underplayed. This paper seeks to rectify this gap in our understanding.

Keywords: Divestment; Grocery retailing; East Asia; Market adjustment; Market resistance; Corporate reconfiguration (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (4)

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DOI: 10.1016/j.ibusrev.2018.05.010

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