Real options and foreign affiliate divestments: A portfolio perspective

By René Belderbos, Jianglei Zou. 2009

261 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/24757a6108ed183a724c9b83fbf4486a139668f6

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Citations in the corpus

Real options theory in strategic management (2017, background): “…(1994) and Huchzermeier and Cohen (1996) Allen and Pantzalis (1996), Miller and Reuer (1998a), Reuer and Leiblein (2000), Tong and Reuer (2007), Belderbos and Zou (2009), Fisch and Zschoche (2012), Lee and Song (2012) and Tong and Belderbos (2014) Organization realities and implementation…”
Trends in production relocation and backshoring activities (2012, background): “Alike studies on relocation activities (Pennings and Sleuwaegen, 2000), research on divestment and closure of foreign units (Belderbos and Zou, 2009; Benito, 1997, 2005; Li, 1995; Mata and Portugal, 2000) is relatively scarce and calls for more knowledge about its drivers and effects (Benito, 2005; ”
Caught in the crossfire: Dimensions of vulnerability and foreign multinationals' exit from war‐afflicted countries (2017, unknown): “On the other hand, if a subsidiary can be relatively easily substituted in an MNE portfolio, the MNE may choose to close it in times of upheaval in order to limit any costs accruable from staying (Belderbos and Zou, 2009; Benito, 2005).”
Foreignness and exit over the life cycle of firms (2012, background): “…the extreme form of divestment from subsidiaries operating in those countries in which labor costs increased, in particular when the value of keeping options open is not particularly great, such as when uncertainty is low or the firm has other subsidiaries in the country (Belderbos & Zou, 2009).”
Flexibility versus commitment: MNEs’ ownership strategy in China (2010, unknown): “Following existing research (e.g., Belderbos & Zou, 2009), we measure exchange rate volatility using the coefficient of variation of the monthly real exchange rate of the home currency against the US dollar for each year during 2000-2006.”
Real Options in Management and Organizational Strategy: A Review of Decision‐making and Performance Implications (2012, unknown): “A more complete approach towards real options decision-making is adopted by Kogut (1984, 1985), extended to some degree by Bowman and Hurry (1993), and refined by Kogut and Kulatilaka(9) (1994b, 2001).”
LINKING THEORY AND CONTEXT: "STRATEGY RESEARCH IN EMERGING ECONOMIES" AFTER WRIGHT ET AL. (2005) (2012, unknown): “Belderbos and Zou (2009) examine the conditions under which divestment of investments will occur.”
Place, space, and geographical exposure: Foreign subsidiary survival in conflict zones (2013, unknown): “…inside a conflict zone may be able to avoid downside risks by shifting value-chain activities within the MNE network, circumventing the exit decision by escalating its commitment to a high-stake location, and exercising other options provided by a dispersed MNE network (Belderbos & Zou, 2009).”
The effects of global knowledge reservoirs on the productivity of multinational enterprises: The role of international depth and breadth (2012, background): “Studies that approach the MNE as a global whole offer valuable insights into how firms invest abroad (Ito and Wakasugi, 2007; Belderbos and Zou, 2009), create patents (PennerHahn and Shaver, 2005; Singh, 2008) and transfer knowledge across units (Fisch, 2003; Kurokawa et al., 2007).”