IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v19y1988i1p47-67.html
   My bibliography  Save this article

Foreign Subsidiary and Parents' Roles During Strategic Investment and Divestment Decisions

Author

Listed:
  • Michel Ghertman

    (Centre HEC-ISA)

Abstract

Empirical research is scarce to answer the concerns of governments, unions and public opinion at large, concerning how multinationals make decisions to restructure their international strategic portfolio or close plants overseas to ensure long-run competitiveness. Based on three in-depth analyses of different types of restructing decisions, the author concludes that the foreign subsidiaries seem to carry most of the decisionmaking effort for their own plant closures, while for strategic portfolio readjustments during which they change owners, they are not consulted.© 1988 JIBS. Journal of International Business Studies (1988) 19, 47–67

Suggested Citation

  • Michel Ghertman, 1988. "Foreign Subsidiary and Parents' Roles During Strategic Investment and Divestment Decisions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(1), pages 47-67, March.
    • Handle: RePEc:pal:jintbs:v:19:y:1988:i:1:p:47-67
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v19/n1/pdf/8490374a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jibs/journal/v19/n1/full/8490374a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Clegg, Jeremy & Lin, Hsin Mei & Voss, Hinrich & Yen, I-Fan & Shih, Yi Tien, 2016. "The OFDI patterns and firm performance of Chinese firms: The moderating effects of multinationality strategy and external factors," International Business Review, Elsevier, vol. 25(4), pages 971-985.
    2. Brown, T. & Panibratov, A., 2016. "Foreign divestment decisions: A theoretical framework," Working Papers 6450, Graduate School of Management, St. Petersburg State University.
    3. Ryan W. Tang & Ying Zhu & Hongbo Cai & Jinrong Han, 2021. "De-internationalization: A Thematic Review and the Directions Forward," Management International Review, Springer, vol. 61(3), pages 267-312, June.
    4. José Mata & Pedro Portugal, 2000. "Closure and divestiture by foreign entrants: the impact of entry and post‐entry strategies," Strategic Management Journal, Wiley Blackwell, vol. 21(5), pages 549-562, May.
    5. Colm Kearney & Frank Barry, 2005. "MNEs and Industrial Structure in Host Countries:A Mean Variance Analysis of Ireland’s Manufacturing Sector," The Institute for International Integration Studies Discussion Paper Series iiisdp023, IIIS.
    6. Shyamala Sethuram & Ajai Gaur, 2024. "Foreign divestment: the missing piece in international business scholarship," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(8), pages 1038-1047, October.
    7. Milena Ratajczak-Mrozek, 2015. "Czas w badaniach nad internacjonalizacją przedsiębiorstw," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 49-67.
    8. Trąpczyński Piotr, 2018. "Opening the “Black Box” of Firm De-internationalisation Processes: What Should We Still Know?," Journal of Intercultural Management, Sciendo, vol. 10(1), pages 143-171, March.
    9. Kent Ngan-Cheung Hui & Yuanyuan Gong & Qi Cui & Naipeng Jiang, 2022. "Foreign investment or divestment as a near-term solution to performance shortfalls? The moderating role of vicarious learning," Asia Pacific Journal of Management, Springer, vol. 39(4), pages 1481-1509, December.
    10. Pauwels, P.F.J. & Matthyssens, P., 2002. "The dynamics of international market withdrawal," Research Memorandum 038, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    11. Procher, Vivien D. & Engel, Dirk, 2018. "The investment-divestment relationship: Resource shifts and intersubsidiary competition within MNEs," International Business Review, Elsevier, vol. 27(3), pages 528-542.
    12. Zhang, Tingting (Grace) & You, Yu, 2021. "Scale or efficiency? Performance shortfall and engagement in production activities of foreign subsidiaries in China," Journal of International Management, Elsevier, vol. 27(1).
    13. Pedersen, Torben & Petersen, Bent, 1998. "Explaining gradually increasing resource commitment to a foreign market," International Business Review, Elsevier, vol. 7(5), pages 483-501, October.
    14. Alex Mohr & Georgios Batsakis & Zita Stone, 2018. "Explaining the effect of rapid internationalization on horizontal foreign divestment in the retail sector: An extended Penrosean perspective," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(7), pages 779-808, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:19:y:1988:i:1:p:47-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.