Show simple item record

dc.contributor.authorBelderbos, René
dc.contributor.authorDe Michiel, Federico
dc.contributor.authorSleuwaegen, Leo
dc.contributor.authorWu, Shubin
dc.date.accessioned2021-10-11T03:33:57Z
dc.date.available2021-10-11T03:33:57Z
dc.date.issued2021en_US
dc.identifier.issn1090-9516
dc.identifier.doi10.1016/j.jwb.2021.101228
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6976
dc.description.abstractDifferences in global market integration across industries have important repercussions for MNC strategy and the drivers of manufacturing subsidiary divestment decisions. Global industry integration and the associated competitive pressures lead MNCs to adopt cost efficiency strategies for their subsidiary networks, and subsidiary divestment decisions are strongly driven by labor cost considerations. In non-integrated industries, host country demand conditions are the prime driver of divestments. These patterns are the most salient for MNCs that have aligned their strategy with the global industry environment. Analysis of the divestment hazards of 3827 Japanese manufacturing subsidiaries in 57 countries provides support for these conjectures.en_US
dc.language.isoenen_US
dc.publisherElsevier Inc.en_US
dc.subjectAffiliate Divestmenten_US
dc.subjectGlobal Industry Integrationen_US
dc.subjectResponsivenessen_US
dc.subjectGlobal Strategyen_US
dc.subjectEfficiencyen_US
dc.titleGlobal market integration, efficiency orientation, and drivers of foreign subsidiary divestmentsen_US
dc.identifier.journalJournal of World Businessen_US
dc.source.volume56en_US
dc.source.issue5en_US
dc.contributor.departmentDepartment of Management, Strategy and Innovation, Faculty of Economics and Business, KU Leuven, Naamsestraat 69, B-3000 Leuven, Belgiumen_US
dc.contributor.departmentUNU-MERIT, Maastricht, The Netherlandsen_US
dc.contributor.departmentDepartment of Organization, Strategy and Entrepreneurship, School of Business and Economics, Maastricht University, Maastricht, The Netherlandsen_US
dc.contributor.departmentCopenhagen Economics, Maison de la Radio, Place Eugène Flagey 18, BE-1050, Brussels, Belgiumen_US
dc.contributor.departmentUniversity of Liverpool Management School, University of Liverpool, Chatham Street, Liverpool L69 7ZH, United Kingdomen_US
vlerick.knowledgedomainEntrepreneurshipen_US
vlerick.typearticleVlerick strategic journal articleen_US
vlerick.vlerickdepartmentEGSen_US
dc.identifier.vperid28098en_US


Files in this item

Thumbnail
Name:
Publisher version

This item appears in the following Collection(s)

Show simple item record