Taking stock of foreign divestment: Insights and recommendations from three decades of contemporary literature

Pratik Arte and Jorma Larimo

International Business Review, 2019, vol. 28, issue 6, -

Abstract: Despite garnering an increasing amount of scholarly attention in the past three decades, the literature on foreign divestment is characterised by inconsistent theoretical arguments and mixed findings. In the present paper we review 53 articles on foreign divestment using the content analysis technique. Our aim is to compare and consolidate the main findings of the 53 articles, and provide suggestions for future research. The review suggests that there are several overlapping arguments provided by different theoretical frameworks. We also observed a great degree of discrepancy in the empirical design, particularly concerning the operationalisation of variables, sample sizes, and sample location. Moreover, we identified that there is a dearth of literature on exit modes, exit barriers, and post-divestment strategies. We conclude by providing recommendations and proposing a framework for future research.

Keywords: Foreign divestment; Antecedents to divestment; Exit modes; Exit barriers; Post-divestment strategy (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969593118307649
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:28:y:2019:i:6:2

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/133/bibliographic
http://www.elsevier. ... me/133/bibliographic

DOI: 10.1016/j.ibusrev.2019.101599

Access Statistics for this article

International Business Review is currently edited by P. Ghauri

More articles in International Business Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().