Academy of Finland Project on International Divestment and Relocation Decisions: The Impact on Firm Value

Posted on 31/05/19.

 

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PROJECT SUMMARY

Foreign direct investments (FDIs) into the world markets. However, there is a number of MNEs to divest and relocate their FDIs. However, this is not the case, but rather as a decisive factor. The project is a better understanding of the business community. International Business and Finance. The research project will be based on a number of different methods. More specific, we plan to collect secondary data on ca. 2000-2500 Nordic companies in manufacturing sector. Investigative deterrents of foreign divestment, (10) and a longitudinal interview process. At least six different countries. Scientific Journals International Journals.The project will help MNE Managers to determine the determinant, decision-making, and value creation of foreign divestment and relocation strategies. In addition to several partners in the local project team, there will be a lot of co-authors from at least seven different foreign universities. At least six different countries. Scientific Journals International Journals. The project will help MNE Managers to determine the determinant, decision-making, and value creation of foreign divestment and relocation strategies. In addition to several partners in the local project team, there will be a lot of co-authors from at least seven different foreign universities. At least six different countries. Scientific Journals International Journals.The project will help MNE Managers to determine the determinant, decision-making, and value creation of foreign divestment and relocation strategies. In addition to several partners in the local project team, there will be a lot of co-authors from at least seven different foreign universities. The project will help MNE Managers to determine the determinant, decision-making, and value creation of foreign divestment and relocation strategies. In addition to several partners in the local project team, there will be a lot of co-authors from at least seven different foreign universities. The project will help MNE Managers to determine the determinant, decision-making, and value creation of foreign divestment and relocation strategies.In addition to several partners in the local project team, there will be a lot of co-authors from at least seven different foreign universities.

PROJECT ORGANIZATION

 

PROJECT ORGANIZATION

Jorma Larimo – Project leader

Jorma Larimo is a Professor of International Marketing at the University of Vaasa. He is currently the Vice Dean of the School of Marketing and Communication and Head of the Doctoral program of Business Studies at the University of Vaasa. He is also the leader of the FIGSIB – the joint doctoral program of Finnish Universities in the International Business field. His areas of interest include SME internationalization and foreign entry strategies of MNEs, especially FDI, M&A, and IJV strategies and performance. He has edited six books related to various aspects of International Business and two additional are at the finalization stage in early 2019. His studies have been published in several journals like in International Business Review, Journal of International Business Studies, Journal of International Marketing, Management International Review, Journal of World Business, Journal of Global Marketing, Journal of East-West Business, and Journal for East European Management Studies as well as in several edited books.

He is in the editorial board of five different international journals. He has been the leader of three earlier projects, in addition to the current one, financed by the Academy of Finland focusing on various aspects related to firms´ internationalization process. Professor Larimo has initiated and is the key person for the updating of an extensive data bank focusing on the FDI and divestment of Finnish and other Nordic firms. The databank has been used in over 25 articles and book chapters, and in seven doctoral theses under his supervision. He is also the initiator and chair of the biennial Vaasa IB conference. The forthcoming 15th Vaasa IB conference will be organised from August 19-21, 2019. He is involved in several papers related to the project and shall be acting as a panel member at the AIB 2019 Annual Meeting in Copenhagen. Professor Larimo also leads the international network related to the research project.

Tahir Ali – Project co-leader

Tahir Ali is an Assistant Professor at the University of Vaasa. His research focuses on the management strategies and performance outcomes of international joint ventures; multi-level determinants and performance outcomes of termination mode choice in foreign direct investment; and culture and negotiation strategies in international business. His research has published in Scandinavian Journal of Management, Industrial Marketing Management, International Business Review and Journal of Business Research.

Pratik Arte completed his PhD is a post-doctoral researcher at the University of Vaasa. His dissertation focused on the impact of economic and institutional distances between home and host countries on the divestment of foreign subsidiaries. Pratik’s research is inclined towards examining the interplay between macroeconomic environments of countries and ownership advantages of MNEs, and their impacts on strategy and firm performance. His research has been published in Emerald’s PIBR series and International Journal of Entrepreneurial Behaviour and Research. Additionally, his research has featured at Vaasa IB conference and several international conferences organised by the AIB, AIB India chapter, GIKA, EIBA, and BAM. His paper focusing on economic distance and foreign divestment co-authored with Professor Jorma Larimo was the finalist for Aalto ‘That’s interesting!’ award at the AIB 2018 Annual Meeting in Minneapolis. He is involved in several papers related to the project and shall be chairing a panel on foreign divestment and exit modes at the AIB 2019 Annual Meeting in Copenhagen.

Minnie Kontkanen – University lecturer

Dr. Minnie Kontkanen is the Programme Manager of the Master’s degree program in International Business at the University of Vaasa. She has long-term teaching experience in the areas of international marketing, entry strategies and internationalisation behaviour. Her studies have been published in edited books and in journals like Journal of Transnational Management and Journal of Strategic Marketing. She shall be involved in the qualitative papers focusing on the divestment behaviour and strategies in the long run.

Tiina Leposky – Post-doctoral researcher

Tiina Leposky is an Assistant Professor in the International Business and Marketing Strategies research group at the University of Vaasa. Her research focuses on multinational companies' service activities and customer relationships in different countries, concentrating especially on the effects of digitalization (e.g. remote connections and industrial internet applications) for the customer experience, and agile, customer-oriented innovation processes. Her paper on value co-creation in servitisation won the best paper award for the category ecosystems, value and digitalization. Tiina’s other research interest on emerging and poverty-level markets has been published in journals such as Journal of Strategic Marketing and Journal of Transnational Management (is this a solo paper or co-authored?), and she is editing two books on international business in emerging markets with special sections on China and Africa (are these solo projects or co-authored?). Receiving her doctorate in 2017, Tiina’s dissertation is a two-time winner (can you mention the years) of the Neil Hood and Stephen Young award for the most innovative research plan, and focuses on customer value creation in the servitisation project of a multinational technology company. I know its quite early to ask but can you mention the potential projects or papers that would be contribution to the project?

Ha Nguyen – Doctoral researcher

Ha joined as a doctoral student in August 2018 at the School of Marketing and Communication, University of Vaasa. Prior to her doctoral studies, Ha studied Masters in International Business at the UCD Michael Smurfit Business School, Ireland and Bachelor in International Trade at the University of Economics, Ho Chi Minh City, Vietnam. Her doctoral research focuses on the impact of cross-country distance and management team on the divestment behaviour. project received an award of innovative doctoral dissertation research plan at the AIB UKI Annual Conference held at the University of Sussex, the UK on 25.-27.4.2019. The working title of her thesis is: ‘Foreign divestment decision: Effects of cross-national distances and top management team characteristics’.  Professor Jorma Larimo is her main supervisor in the dissertation project.

Roman Filenko – Doctoral researcher

Roman Filenko joined the doctoral programme at the IBMS research group in fall 2018. During his undergraduate and postgraduate studies, he has had the opportunity to work in countries such as Malta, Germany and Greece. Prior to his doctoral studies, Roman studied International Business at the Lapland University of Applied Sciences and Strategic Business Development at the University of Vaasa. His research focuses on divestment mode, namely, on determinants of international joint ventures termination mode choice and parent firms’ value creation. Roman shall be presenting his preliminary doctoral proposal at the 15th Vaasa IB conference in August 2019 and after that plans to present his research at the 45th EIBA Annual Conference and AIB-UKI and/or AIB 2020 Annual Meeting.

He will be analysing the divestment behaviour and value creation of Nordic firms’ wholly owned subsidiaries located in overseas markets. He will be presenting his preliminary doctoral proposal at the 15 Vaasa IB conference in August 2019.  Arshed has completed his MSc in economics and business administration from the University of Vaasa in 2015.



Project: International Divestment and Relocation Decisions: The Impact on Firm Value
Project leader: Jorma Larimo
Time:
1.9.2018-31.8.2021
External funding from
: Academy of Finland

: The amount of external funding
of EUR 360 000 Contact person:
Jorma Larimo

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