This definitive Research Handbook explores the restructuring strategies of globalised firms, bringing together a wide range of topics from export exit, subsidiary divestment and market re-entry to relocation, offshoring and backshoring.
This definitive Research Handbook explores the restructuring strategies of globalised firms, bringing together a wide range of topics from export exit, subsidiary divestment and market re-entry to relocation, offshoring and backshoring.
Contributors from diverse fields including marketing, entrepreneurship, strategic management and economics provide a multi-dimensional methodological approach to the analysis of exit. They consider exit both in terms of export markets and foreign investment, and in terms of subsequent re-entry in the same markets as well as relocation to other countries. Taking a global view, chapters, which take the shape of literature reviews, conceptual works and qualitative and quantitative studies, represent diverse regions and country contexts, such as China, the EU, Norway, Russia and the US. Providing an overview of international divestments and their associated phenomena of relocation and re-entry, the book concludes by presenting avenues for further research.
Drawing together conceptual works, case studies, quantitative studies, bibliometric analysis and meta-analysis, this timely Research Handbook will be a valuable resource for researchers and students of international business. Its use of empirical case studies will also be valuable for business practitioners interested in international divestment and export exit.
Arvustused
This book features state-of-the art contributions on the interconnected phenomena of firm exits from foreign markets, relocation of production, and re-entry. Its mix of conceptual and empirical studies is a must-read for anyone interested in an assessment of the literature on this topic and in where we might go from here. -- Jean-François Hennart, Tilburg University, the Netherlands and Aalborg University, Denmark IB scholars often focus on firms initial forays overseas, but pay less attention to what happens when these forays are unsuccessful. The seventeen chapters in this excellent volume consider why and how firms stop exporting, divest their overseas subsidiaries, relocate their overseas operations, and/or re-enter markets, and should be essential reading for anyone interested in the dynamics of international business. -- Roger Strange, University of Sussex Business School, UK
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vii | |
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ix | |
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1 Introduction to the Research Handbook on Foreign Exit, Relocation and Re-entry |
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1 | (10) |
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2 Export exit: literature review and a research agenda |
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11 | (25) |
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Jonas Stromfeldt Eduardsen |
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3 The impacts of Covid-19 on Estonian firms' internationalization: foreign market entries, exits and re-entries |
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36 | (21) |
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4 Understanding export exits: the roles of institutional distance direction, strategy adaptation and experience similarity |
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57 | (25) |
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5 Drivers of foreign subsidiary divestment: theoretical arguments and synthesis of empirical findings |
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82 | (27) |
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6 A meta-analysis of stock market reaction to foreign divestment: the role of divestment motives |
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109 | (27) |
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7 How do international performance, marketing capabilities and market turbulence jointly influence a foreign exit decision? |
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136 | (23) |
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8 The impact of economic sanctions on the decision of foreign firms to exit from Russia |
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159 | (24) |
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9 A promising marriage that ended in divorce: a longitudinal case study of foreign divestment |
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183 | (28) |
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10 Foreign exits and re-location on a rugged performance landscape: a theoretical perspective |
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211 | (24) |
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11 Please don't go! Understanding the host-country factors affecting relocation choices to minimize job losses |
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235 | (24) |
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12 Leaving the world's factory: relocating global supply chains out of China |
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259 | (33) |
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13 Manufacturing backshoring and sustainability: insights from the Norwegian context |
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292 | (18) |
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Lise Lillebrygfjeld Halse |
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14 Repatriating back home: implications of local and global value chains on backshoring readiness |
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310 | (18) |
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Hans Arthur Solli-Soether |
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15 Learning from (under-)performance feedback in international market exits and re-entries |
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328 | (16) |
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16 Reinvest or not reinvest in the host country? Learning from past divestments to plan future actions |
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344 | (26) |
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17 Taking stock of foreign exit, relocation and re-entry: current research and future directions |
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370 | (15) |
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| Index |
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385 | |
Edited by Jorma Larimo, Professor of International Business, University of Vaasa, Finland, Pratik Arte, Senior Lecturer in International Business, Brunel University London, UK, Carlos M.P. Sousa, Professor of Marketing and Business Strategy, Faculty of Business Administration and Social Sciences, Molde University College, Norway, Pervez N. Ghauri, Professor of International Business, Department of Strategy and International Business, University of Birmingham, UK and José Mata, Mærsk Mc-Kinney Møller Professor of Entrepreneurship, Copenhagen Business School, Denmark
