Research on corporate divestitures lacks a systematic understanding of how the divestiture process influences divestiture outcomes. This study reviews the relevant literature and offers conceptual insights into decision making, a fundamental aspect of the process, in the context of corporate...

Are divestitures only an ex-post reactive correction of past inefficient acquisitions or are they also an ex-ante proactive strategy to enhance the value of future acquisitions? We find support for the latter. Firms engaging in divestitures before making acquisitions obtain higher abnormal...

This paper deals with divestment, i.e. the closure or sell-off of units in foreign locations, or conversely units owned by foreign firms. Such actions are discussed from the perspective of the firms making such decisions, and divestment assessments are looked at through the lens of international...