The influence of cultural friction on foreign divestment of multinational enterprises--the moderating role of formal institutional distance and political connections.
Multinational enterprises frequently divest their foreign assets in the current economic environment. Existing research, based on friction theory, has mainly focused on the impacts of political and economic disparities on foreign divestment while neglecting the nuanced influence of cultural factors....
Main Authors: | Zijing Xu, Ming Tian, Yang Zhang |
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Format: | Article |
Language: | English |
Published: |
Public Library of Science (PLoS)
2024-01-01
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Series: | PLoS ONE |
Online Access: | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0295443&type=printable |
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