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Foreign subsidiary divestment decision process: The pharmaceutical industry experience

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dc.creator Luis M. Baquero
dc.creator Teresa Longobardi
dc.date 2014
dc.date.accessioned 2022-03-17T18:05:00Z
dc.date.available 2022-03-17T18:05:00Z
dc.identifier http://www.redalyc.org/articulo.oa?id=63137908001
dc.identifier.uri http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/50486
dc.description This paper aims to examine the decision process for the divestment of foreign subsidiaries, from the perspective of managers of pharmaceutical manufacturing subsidiaries located in Puerto Rico. The analysis provides evidence that relations with the parent firms were cooperative and no obstructive, and that foreign management assumed overall control during the implementation of disinvestment decisions; however, there was insuficient evidence to demonstrate involvement as initiator or coordinator of the divestment process or to show they were kept informed before the decision to divest was made. Finally, it showed that the increase in the expiry of patents did not increase participation of executives in the evaluation of their plants.
dc.format application/pdf
dc.language en
dc.publisher Centro de Investigaciones Comerciales e Iniciativas Académicas
dc.relation http://www.redalyc.org/revista.oa?id=631
dc.rights Forum Empresarial
dc.source Forum Empresarial (Puerto Rico) Num.2 Vol.19
dc.subject Administración y Contabilidad
dc.subject Divestment decision process
dc.subject HQ-subsidiary relations
dc.subject pharmaceutical manufacturing operations in Puerto Rico
dc.subject subsidiary management styles
dc.title Foreign subsidiary divestment decision process: The pharmaceutical industry experience
dc.type artículo científico


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