TY - JOUR

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

AU - Панибратов, Андрей Юрьевич

AU - Браун, Ташона Андрен

N1 - 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.

PY - 2018/7

Y1 - 2018/7

N2 - 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.

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

KW - SCOPUS

UR - http://www.scopus.com/inward/record.url?scp=85052093611&partnerID=8YFLogxK

U2 - 10.1002/jsc.2208

DO - 10.1002/jsc.2208

M3 - Article

VL - 27

SP - 359

EP - 367

JO - Strategic Change

JF - Strategic Change

SN - 1086-1718

IS - 4

ER -