... in international business. It focuses on how resource losses from divestment destabilize parent firm solvency, offering insights into the financial vulnerabilities of multinational enterprises (MNEs). Design/methodology/approach Grounded in the resource-based view ( RBV ) and foreign divestment literature...

...), most studies looking at drivers of an acquirer’s ownership position in the target tend to classify and treat all acquisitions the same without consideration to specific types of deals. Building on the resource-based view (RBV) (Barney, 1991 ; Madhok, 1997), we theorize how managers’ strategic...