Decades of research on foreign subsidiary divestment: What do we really know about its antecedents?

Research on the antecedents of foreign subsidiary divestment has grown in the last decades. However, findings are ambiguous. We clarify this situation by providing, for 18 antecedent candidates from 45 articles, a descriptive picture of previous studies, theoretical arguments for the expected direction of effect, and a quantitative synthesis of the effects by means of meta-analysis. Ten variables significantly affect the likelihood of foreign...