Foreign Divestment

Abstract

Foreign divestment (FD) has become an integral aspect of global strategy, yet it remains a neglected area among the international business and business strategy academies. It is now widely practiced by multinational corporations (MNCs) from a growing and diverse number of home countries in a larger number of host economies. Furthermore, it is now extensively used by MNCs engaged in all types of industrial activity. The FD decision and managing process represent major challenges for executives. Nonetheless, in MBA programs worldwide, there is a notable absence of attention paid to these issues. Further progress in developing knowledge and understanding of FD demands consideration of Jean J. Boddewyn's pioneering and enduring contributions to this subject of high and growing importance as well as the subsequent studies that his work inspired.

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