Foreign divestments from Russia: An exploration of the mediating factors

Андрей Юрьевич Панибратов, Ташона Андрен Браун

Research output

1 Citation (Scopus)

Abstract

Foreign divestment (FD) decisions are not purely based on the profitability of a business but also on a company's investing and divesting experience and the degree of uncertainty in markets. The FD procedure is grounded by the level of uncertainty, experience in divesting, and experience in investing. Both internal and external factors are catalysts for the firms’ foreign divestments. The constructs of real options theory, prospect theory and the theory of bounded rationality are three key moderators in the firms’ FD decision‐making.
Original languageEnglish
Pages (from-to)359-367
Number of pages9
JournalStrategic Change
Volume27
Issue number4
DOIs
Publication statusPublished - 2018

Fingerprint

Divestment
Factors
Russia
Foreign firms
Investing
Uncertainty
Prospect theory
External factors
Catalyst
Profitability
Internal factors
Decision making
Moderator
Bounded rationality
Real options theory

Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

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title = "Foreign divestments from Russia: An exploration of the mediating factors",
abstract = "Foreign divestment (FD) decisions are not purely based on the profitability of a business but also on a company's investing and divesting experience and the degree of uncertainty in markets. The FD procedure is grounded by the level of uncertainty, experience in divesting, and experience in investing. Both internal and external factors are catalysts for the firms’ foreign divestments. The constructs of real options theory, prospect theory and the theory of bounded rationality are three key moderators in the firms’ FD decision‐making.",
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note = "Panibratov, A. Y. Foreign divestments from Russia: An exploration of the mediating factors / A. Y. Panibratov, T. A. Brown // Strategic Change. - 2018. - Volume 27, № 4. - P. 359-367.",
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Foreign divestments from Russia: An exploration of the mediating factors. / Панибратов, Андрей Юрьевич; Браун, Ташона Андрен.

In: Strategic Change, Vol. 27, No. 4, 2018, p. 359-367.

Research output

TY - JOUR

T1 - Foreign divestments from Russia: An exploration of the mediating factors

AU - Панибратов, Андрей Юрьевич

AU - Браун, Ташона Андрен

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Y1 - 2018

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AB - Foreign divestment (FD) decisions are not purely based on the profitability of a business but also on a company's investing and divesting experience and the degree of uncertainty in markets. The FD procedure is grounded by the level of uncertainty, experience in divesting, and experience in investing. Both internal and external factors are catalysts for the firms’ foreign divestments. The constructs of real options theory, prospect theory and the theory of bounded rationality are three key moderators in the firms’ FD decision‐making.

KW - Foreign divestments

KW - Russia

KW - SCOPUS

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