Lu-Jui, Chen; Wen-Ruey, Lee; Yu-Hsuan, Hsu - In: Asian Academy of Management journal 28 (2023) 1, pp. 113-137
uncertainty and competition, the decision to divest a subsidiary from a market becomes a critical decision for MNEs. This study … suggests that the factors for divesting subsidiaries are related not only to the performance of the subsidiary but also to … slack resources and sunk costs. It analysed 254 subsidiaries in Taiwan and found that the better the subsidiary …