DOI

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.
Язык оригиналаанглийский
Страницы (с-по)359-367
Число страниц9
ЖурналStrategic Change
Том27
Номер выпуска4
DOI
СостояниеОпубликовано - июл 2018

    Области исследований

  • SCOPUS

    Предметные области Scopus

  • Экономика, эконометрия, и финансы (все)

ID: 36763528