Abstract
Although Western multinational enterprises have increasingly gravitated toward the fast- growing Chinese market, many have faltered and subsequently exited the market.None of these exits was by accident, but rather as a result of the interaction of firm-specific and market-based factors. Divestment is a growing strategic response to environmental changes in emerging markets.
| Original language | English |
|---|---|
| Pages (from-to) | 241-385 |
| Number of pages | 44 |
| Journal | Strategic Change |
| Volume | 22 |
| DOIs | |
| Publication status | Published - 20 Aug 2013 |